ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG)

Sustainability is integrated into the company's strategy through an ESG framework, with a focus on environmental responsibility, social impact, and effective governance.

ENVIRONMENTAL

Environmental Responsibility

FORMITEK integrates environmental responsibility into its business and development practices, with a focus on long-term sustainability. The company is committed to reducing environmental impact and supporting the responsible use of resources across its operations and product development. Its approach emphasizes alignment between industrial development and environmental considerations, contributing to more sustainable and efficient systems.

Advancing Energy Efficiency with SiC and GaN Technologies

Leveraging the high-frequency, high-efficiency, and low-loss characteristics of wide-bandgap semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN), FORMITEK develops energy-efficient power solutions. Its 1200V SiC power modules are designed to improve system-level efficiency in applications such as electric vehicles and data center power systems. The company's 350W GaN power modules achieve conversion efficiencies of up to 96%, supporting reduced energy consumption in high-power equipment. These products are applied across renewable energy and electrification sectors, including marine electronics, energy storage, and electric mobility.

Responsible Manufacturing. Sustainable Operations. Reliable Performance.

FORMITEK utilizes automated manufacturing processes to ensure production precision, product consistency, and reduced material waste. Its wide-bandgap semiconductor power modules are designed for efficient operation and low heat generation, which can contribute to reduced cooling requirements during both manufacturing and end-use. The company's product portfolio complies with global environmental regulations, including RoHS and REACH, supporting the reduction of hazardous substances and minimizing environmental impact.

SOCIAL

Environmental responsibility is a key focus of the company

Environmental responsibility is a key focus of the company

FORMITEK focuses on the development and deployment of high-efficiency power technologies across industrial and renewable energy applications. Through continuous product development and optimization, its solutions support improved energy performance and reduced system-level energy consumption. These efforts contribute to more efficient and sustainable energy systems.
Corporate Social Responsibility

Corporate Social Responsibility

The company works with a network of partners and industry professionals to support collaboration through technology sharing, resource integration, and joint development. It also participates in industry sustainability initiatives, public programs, and technical knowledge-sharing activities, contributing to broader social and industry development alongside its commercial operations.
Advancing the Industry Value Chain

Advancing the Industry Value Chain

FORMITEK's products are used by global AI hardware manufacturers and power supply companies, supporting power semiconductor applications in smart mobility and AI computing. Ongoing technology development contributes to performance improvements across the value chain. Its GaN-based power modules enable efficient, high-frequency operation and compact system design, supporting the development of modern power architectures.
Developing the Next Generation of Industry Talent

Developing the Next Generation of Industry Talent

The team brings together professionals with experience in semiconductor device technology, power electronics, and commercial operations. This multidisciplinary structure supports the company's research and development capabilities while contributing to the development of skilled professionals in the wide-bandgap semiconductor field.
Supporting Sustainable Development through Technology

Supporting Sustainable Development through Technology

Technological advances in energy storage and electric vehicle charging enable further miniaturization and system integration through silicon carbide (SiC) technology, supporting broader adoption of clean energy solutions. The mass production of customized SiC modules strengthens the energy storage supply chain and supports the large-scale deployment of energy storage systems, including applications aligned with low-emission targets.

GOVERNANCE

Quality Management System

FORMITEK has secured over 120 patents and achieved ISO 9001 quality management system certification. The company applies consistent quality standards across its production processes and product design to support reliable performance. These practices enable compliance with the requirements of components used across a wide range of applications.

Organizational Structure and Strategic Focus

FORMITEK has established a management team with experience across the power semiconductor and power electronics industries. The company's strategic focus includes the development of technologies such as gallium nitride (GaN) and silicon carbide (SiC), alongside the expansion of its application scope and market presence. It also prioritizes the optimization of manufacturing and supply chain systems, as well as collaboration across the industry ecosystem. These efforts support efficient operations and provide a foundation for sustainable growth.

Industry Recognition

The company has received industry recognition for its market development and product performance, including the Wide-Bandgap Semiconductor Market Expansion Leadership Award. Based on its GaN technology development, FORMITEK was also awarded the 2025 Power Electronics Industry GaN Technology Breakthrough Award and recognized as a 2025 Jiangsu Province Potential Unicorn Enterprise, as well as an Innovative SME. These recognition reflect the company's technical capabilities and market performance, as well as its continued investment in research and development.

ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG)

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