Eidoardo Corp and Chairman Fay Yu wins Fast Enterprise and Master Entrepreneur Awards at the Asia Pacific Enterprise Awards 2022 Taiwan

SINGAPORE,Dec. 28,2022 --The Asia Pacific Enterprise Awards (APEA) 2022 Taiwan is pleased to honor 34 outstanding business leaders and enterprises for their commendable dedication toward spearheading Taiwan's economic recovery and development. Presented by leading regional NGO Enterprise Asia,the APEA is the most reputable award recognition program recognizing entrepreneurial excellence across Asia. The APEA aims to congregate exemplary business leaders and enterprises across Asia into one unparalleled platform for fostering the continuity of sustainable entrepreneurial growth in Asian economies.

Eidorado Corp. (Eidorado) and its Chairman Fay Yu were honored with the Fast Enterprise and Master Entrepreneur awards at the APEA 2022 Taiwan. As a recipient of the Master Entrepreneur award,Fay Yu has a legacy of leading Eidorado to achieve great success. The company has been established for over 30 years and has served various industries such as electronics,automobiles,aerospace,steel mills,precision hardware,research institutes,etc.

Under Fay Yu's leadership,the company currently has nearly 100 employees and an annual turnover of over NTD300 million. To expand the territory of international enterprises,S.HOLY Automation Equipment (Suzhou) Co.,Ltd. was established in Suzhou in 2002. Moreover,Eidorado purchased 1,420 square meters of land in Longtan,Taoyuan to build a new corporate headquarters in 2013.

Leading up to its receipt of the Fast Enterprise Award,Eidorado has accomplished countless achievements that earned the company its well-deserved recognition. In 2022,Eldorado completed its smart manufacturing with the mission to continue moving toward Industry 4.0. The company also regularly holds courses to improve the professional knowledge of its colleagues such as marketing,regulations,management,and technology-related content. In order to support colleagues in learning,the company assists colleagues to obtain licenses and provides diversified bonuses to encourage colleagues to achieve their goals and obtain high rewards.

Eidorado takes each department as an independent operation team and then subdivides each department into small teams. Through training and cultivation,project operation,etc.,the teams cultivate a tacit understanding and a culture of unity and regularly discuss and revise the goals and plans.

A culture of solidarity is one of Eidorado's corporate governance principles,which can only be perfectly implemented by a group of colleagues who have a "consensus". Consensus cannot be established only in the company. Sometimes,many different

activities are held to provide colleagues with incentives,promote friendship,build team consensus,and help colleagues to bring good team spirit into the workplace.

Eidorado takes the belief of creating a positive cycle for the environment as its core value,professional planning,and research and development of innovative technologies. The company has a focus on providing surface treatment equipment with a high utilization rate and low energy consumption in addition to achieving the purpose of water saving,emission reduction,recycling,and energy saving. While saving process costs for customers,the company also does its best to protect the earth.

Eidorado believes that enterprises are the cornerstone that is most capable of contributing to society. The company also believes that society's support led to its growth,thus,the company continues to actively participate in public welfare activities and sponsorships,hoping to help more groups in need. Furthermore,the company aims to establish a charitable foundation in the next five years to continue contributing to society.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in the pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development. Please visit www.enterpriseasia.org for more information.

About Asia Pacific Enterprise Awards

With a presence across 16 countries and markets,the Asia Pacific Enterprise Awards is the region's most prestigious award recognition program for outstanding entrepreneurship,continuous motivation,and sustainable leadership. For more information,visit www.apea.asia.