> Investor Relations > Corporate Governance > Shareholders’ Meetings > FQA
01.What is the fiscal year of TXC?
TXC uses solar calendar and the fiscal year is from January 1 to December 31.
02.When was TXC stock publicly-listed? What is its stock code?
TXC was listed on the GreTai Securities Market on March 13, 2001 and listed on Taiwan Stock Exchange on August 26, 2002 and its stock code is 3042.
03.How can we get TXC’s past yearly and latest financial reports and annual reports?
You can go to the TXC website and click on the Financial InformationAnnual ReportsandFinancial Reportsor you can go to the Market Observation Post System (M.O.P.S.)to download relevant information.
04.How to contact TXC’s stock affairs agent and what are the services offered?

How to contact TXC’s stock affairs agent and what are the services offered?

You can directly contact YUANTA SECURITIES CORPORATION for inquiry about stock affairs.
Address: B1, No. 210, Sec. 3, CHENGDE Rd., TAIPEI CITY, 10366
Tel: 02-25865859


Applicable matters Necessary documents Remarks
Stockholder account opening—fill in the seal verification card.
  1. Once copy of stockholder seal verification card.
  2. ID photocopy for ROC citizens and photocopies of Residence Permit or passport or Registration Certificate of legal institutions.
  3. Signature or seal (Must sign in person at the Yuanta Stock Affairs Agent Division and present ID card if signature is used.)
  4. For non-adults or stockholder prohibited for property disposal, the seal verification card must be signed or chopped by the legal surrogate (parents).
  1. If the legal surrogates are parents either the father or mother can present Letter of Agreement and ID card of spouse and sign and chop on behalf of spouse.
  2. If the seal verification card uses either signature or seal then either one way will be valid.
  3. Stockholder seal verification and signature is restricted to one way only.
  4. If signature is used for stock affairs it is necessary to present ID card and sign in person at Yuanta Stock Affairs Agent Division.
Change of address
  1. The original seal verification.
  2. Notice of change of address and other written application documents.
  1. Present photocopies of both sides of ID card for change of residence address. Change of seal verification
Change of seal verification
  1. Original seal verification.
  2. New seal verification.
  3. Stock transacted and passed account.
  4. One copy of stockholder seal verification card.
  5. Application for change of seal verification.
  1. Exempted for first hand stockholder (change of name excluded.)
  2. New seal verification takes effect in the following day.
  3. Attach photocopies of Residence Document and ID card for name change.
Report for loss of seal verification
  1. seal verification.
  2. Stock transacted and passed account.
  3. One photocopy of ID or other certification documents.
  4. *. Must submit original of ID card or seal verification if correspondence is used.
    *. If entrusted to another person the trustee must be ROC citizen and must submit trustee ID card and Letter of Entrust.
  5. One copy of stockholder seal verification card.
  6. Application for report for loss of seal verification.
  1. Exempted if for first hand stockholder.
  2. New seal verification takes effect on same day if stockholder applies in person, otherwise new seal verification will take effect on the following day.
  3. The legal institution must attach application letter with company seal and seal of responsible person same as on registration form and photocopy of revised registration form and state that it is identical with the original and ID certification documents of the responsible person.
05.What is TXC’s stock dividend policy?
TXC’s stock dividend policy is stated in its company charter. Its articles are as follows:
Stock dividend policy of the Company should consider the following factors for now and for the future: investing situation, funding requirement, domestic and foreign competitions and capital budget, also have to take shareholders’ interests and long-term financial plans of the company, to issue dividends to the shareholders regarding to the unappropriated retained earnings every year. Dividends to shareholders can be issues by cash or by stocks whereby the cash dividend for shareholders bonus must not be less than 20% of the aggregate of cash dividend and stock dividend.
06.How is the stock dividend allocated in past years?
Please go to the company website—Investor Relations—Stock Quotes
07.What about the number of shares issued by TXC?
As of June 30, 2017, TXC already issued 309,757 thousand shares.
08.How is the current application market for TXC’s quartz components?
Quartz crystal devices are key components with an important impact on the performance of mobile phones, digital cameras and other digital equipment. Practical uses for the Internet of Things (IoT), including smart homes, smart industries, smart automobiles, smart networks, smart medical treatment, and the development of all kinds of end products, including wearable products, mobile devices, VR, and unmanned machines.
In nowadays, all major car manufacturers and emerging internet service providers have devoted great attention to the smart automotive electronics market. In addition to autonomous car, chip manufacturers and service providers have begun promoting electronic products that are directed at the smart car. Because the average car on the road today is currently equipped with 60-100 quartz components, relevant applications range from safety-related to non-safety-related. The production reliability demands of frequency component products are higher than that of other consumer electronics. Current customer base continually indicates a bright future for the development of the automotive electronics markets, businesses have repeatedly advanced towards this field. Each of these factors benefits the future of TXC expansion into the automotive electronics field.
09.What is TXC’s global market share in quartz components?

In 2016, TXC maintained its 10% global market share (according to information from external market analysts) making it no. 1 in Taiwan and one of the top 3 dedicated frequency control element manufacturing service companies in the world.

10.What is the influence on company profit and loss and stockholder earnings distribution since the
     implementation of employee bonus system on January 1, 2008?
If the Company has earnings for the certain year, it shall set aside not more than 3% of its annual profits as compensation to its employees. Earnings of the Company may be distributed by way of cash dividend and/or stock dividend regarding to the resolution of Board of Directors. The Company may issue profit sharing bonuses to employees of an affiliated company meeting the certain conditions. The Company shall set aside not more than 2% of aforementioned annual profits as compensation to its directors regarding to the resolution of Board of Directors. The Company shall have reserved a sufficient amount to offset its accumulated losses then paying aforementioned annual profits as compensation to its employees and directors.
When allocating the earnings for each fiscal year, the Company shall offset its losses in previous years after paid tax by law, and then set aside a legal capital reserve at 10% of the earnings left over, until the accumulated legal capital reserve has equaled the total capital of the Company; then set aside special capital reserve in accordance with relevant laws or the need of business development. If there still has remaining profits, the board of directors shall propose the distribution of profits, along with unappropriated retained earnings, for the approval of the Shareholders’ Meeting and distribute dividends to shareholders.
11.What is TXC Corporation position towards professional shareholders?
The company treats all shareholders that hold stock in our company with sincerity and integrity and will respond to all relevant questions.
12.What was the tax deduction ratio for TXC Corporation over the past three years?
Tax deduction ratio in recent years:
Year 103 104 105
Tax deduction ratio(%) 6.20% 7.16% 8.46%
13.What will be TXC’s growth momentum in 2016?
In order to increase production efficiency and competition edge, TXC will expand production line of TCXO and Sensor to satisfy the increased market demand. Furthermore, since the Company has gradually win the certification and acknowledgement of customers in the part of automotive industry products and high end precision products, it is expected that the contribution to revenue of automotive, IoT, and new products like VR, drones will become growth drivers of the Company.
14.What is the current situation of TXC LED business unit?
From Sept. 2015, the LED Division was divided to form TXC Optec, and it will continue to expand Paternized Substrate production scale and upgrade process capacity. It is expected, through independent operation, it will gain scale economy effectiveness and therefore market competition capacity.
15.What are the main market and niche of TSC's new 3-in-1 light sensors?
Our 3-in-1 light sensors include the functions of (1) ambient light sensor, (2) proximity sensor and (3) infrared light emitting diodes, and are mainly used in smart handheld devices and wearable devices. Our niche is to achieve the ultimate microminiaturization using the ceramic packaging technology for quartz components, creating the smallest sensors in the world today.
16.What’s the influence brought by new generation telecommunication standard onTXC?
When looking forward of coming IoT era, network storage equipment for business and Cloud Data Center, and next generation telecommunication standard bring evolutions of smallcells base station or access point base station, LTE-A, 5G and other various high speed transmission system advances has raised high frequency, modularization, high precision requirements for quartz elements. Through the Company's self-developed high frequency, high precision and low phase noise crystal oscillators (XO), voltage control crystal oscillators (VCXO), HFF VCXO, temperature compensating crystal oscillators (TCXO), S3-TCXO and constant temperature crystal oscillators (OCXO) will assist simplification of customer circuit design and satisfy performance requirements for the high speed networks and the next generation of wireless telecommunication systems.
17.What’s the TXC’s future development in Sensor business?
Following marching into 3-in-1 Sensing Element, the Company will continue in development of more sensing element, including e-compass, accelerometer, gyro-sensor, magnetometer and similar anti-magnetic sensing element, and will commence in the R& D of gas sensing element that can detect PM 2.5 to cut into intelligent phone set, tablet device, wearable devices and intelligent appliance market.