Farcent’s History

Company History & Important Milestones

1983

  • Establishment of “Eutech Enterprise Co., Ltd.”

1984

  • Successfully launched our first hero product “Aromatic Beans”, creating an instant success among students

1985

  • Established the first manufacturing plant in Tamsui, Taipei, Taiwan

1990

  • Market launch of dehumidifier brand “Kechaoling”, which has now become the synonym for all dehumidifier products in Taiwan

1993

  • Renamed “Eutech Enterprise” to “Youte Industrial Co., Ltd.”
  • Established the second manufacturing plant in Tamsui, Taipei, Taiwan, with a strong focus on automation

1994

  • Named the “Number 1 consumer brand” by “Breakazine”
  • Registered capital increased to $TWD 100 million

1995

  • Chairman awarded with the “18th Republic of China Model of Entrepreneurs Prize”
  • Awarded with the “Excellent Manufacturer Award” by the General Welfare Service of MND

1996

  • Awarded with the “12th Republic of China Golden Signboard Award” by the Golden Trademark Association
  • Awarded with the “Golden Earl Award of Asia-Pacific Prominent Industry” and the “Golden Earl Award of Asia-Pacific Prominent Product” by the Republic of China Association for the Advancement of Economic and Trade
  • Renamed to “Farcent Enterprise Co., Ltd.”
  • Market launch of air freshener brand “Quweidashi”
  • Registered capital increased to $TWD 200 million

1997

  • Company was relocated to the current HQ address at: 13F, No. 230, Section 3, Chengde Road
  • Awarded with the “Republic Excellent Trademark Design Award” by the Bureau of Standards, Metrology, and Inspection, MOEA
  • Market launch of cleaning tools brand “Quchenshi”
  • Registered capital increased to $TWD 260 million with supplemental public issuance

1998

  • Named by CommonWealth Magazine: “One of the fastest growing 1000 mid-sized enterprises”
  • Registered capital increased to $TWD 350 million
  • Inauguration of Guanyin plant in Taoyuan, Taiwan
  • Obtained the ISO-9002 certification

1999

  • Registered capital increased to $TWD 380 million

2000

  • Farcent listed on over-the-counter (OTC) market

2001

  • IPO on TWSE, stock symbol 1730
  • Establishment of branch office “Farcent Thailand” in Thailand

2002

  • Established branch offices in Shanghai and Beijing

2003

  • Acquired household cleaning brand “JieShuang”
  • Obtained sole distribution rights for Sara Lee shoe shine and Ambipur air fresheners
  • Registered capital increased to $TWD 500 million

2004

  • Became the OEM for Sara Lee air freshener series and Duskin dust wand series
  • Obtained the ISO-9001 certification
  • Registered capital increased to $TWD 530 million

2005

  • Obtained distribution rights for cosmetic brand Heme International Inc.

2006

  • Chairman elected as the president of “National Innovation and Entrepreneurship Association, R.O.C.”
  • Introduced SAP operating system

2007

  • Obtained distribution rights for American kitchenware brand “Corelle Brands”

2008

  • Farcent’s global “Corolla Program” received a grant under the “ITAS Subsidy Grant Program” by the Ministry of Economic Affairs

2010

  • Consolidated revenue exceeds $TWD 1.1 billion
  • Establishment of branch office “Farcent Malaysia” in Malaysia
  • Establishment of “Suzhou Farcent Environmental Protection Technology Co., Ltd.”, in TaiCang, Suzhou, China
  • In a move to promote renewable energy and reduce carbon footprint, Farcent HQ introduces the usage of photovoltaic system

2012

  • Awarded with the “Bronze Award of TTQS” by the Bureau of Employment and Vocational Training for 3 consecutive years (2010-2012)

2013

  • Consolidated revenue exceeds $TWD 1.5 billion
  • Obtained distribution rights for American cookware brand “MEYER”

2014

  • Acquired 51% ownership of Dikai International Enterprise Co., Ltd. (Supamop)

2017

  • Establishment of branch office “Farcent Vietnam” in Vietnam

2018

  • Initial issuance of convertible bonds, registered capital increased to $TWD 6 billion

2019

  • Consolidated revenue exceeds $TWD 3 billion
  • Launched new brand “Les Parfums de Farcent (LPF)” to provide premium air care products
  • Obtained sole distribution rights for British Fine China brand “Royal Doulton” and Spanish cutlery brand “Arcos Hermanos”

2020

2021