Taiwan Depository & Clearing Corporation

TDCC convened its 2023 annual general meeting (AGM) on on June 19 and passed a resolution to distribute a cash dividend of NT$2.9 per share and stock dividend of NT$1.2 per share.

As the only back-end infrastructure in Taiwan capital market, TDCC upholds four key visions: "innovation," "resilience," "sustainability," and "financial inclusion." It is committed to promoting the robust and steady growth of its core business operations in the capital market, including centralized securities depository, book-entry transfer and settlement system. It also aligns with policy initiatives and market developments, embraces an open mindset, and keeps pace with the times by driving various financial innovations across domains, thereby demonstrating the core value of a back-end infrastructure.

In the year 2022, TDCC has made significant progress in several areas, including promoting "Shareholder e-Services", deepening the diverse services in the fund market, aligning with the ESG sustainable investment trend, establishing the eSMART system, and advancing inclusive finance. Additionally, efforts have been made to strengthen information security operation and optimize information systems, enhancing market operational security and efficiency.

During the shareholders' meeting, Mr. Te-Hsiang Chen, President, as Interim Chairman of TDCC, expressed that despite the overall decline in revenue due to reduced trading volume in the stock market in 2022, the company achieved an earnings per share of NT$7.28 through the collective efforts of all employees. This demonstrates the company's resilience and the effectiveness of its digital diversification strategies.

In 2023, TDCC will continue to optimize the digital innovation services in the market. Initiatives such as the eNotice, the open securities of public information queries for securities and futures enterprises, and the launch of the Onshore Fund Centralized Clearing Platform for domestic fund will be implemented successively. TDCC is also committed to enhancing ESG information transparency. This includes optimizing the ESG IR platform, incorporating local ESG rating information, and discussing guidelines for voting policies. Furthermore, TDCC is exploring sub-brokerage custody services for sub-brokerage of foreign securities to expand its range of business scenarios and positively influence industry development and sustainable finance.

To expand digital innovation services, TDCC is actively building itself as a financial services hub and promoting inclusive finance while assisting in financial market supervision. Throughout the development of innovative services, TDCC continuously strengthens its cybersecurity defenses and resilience. Through longstanding collaborations with all participants, TDCC places investors at the core and extends its services to diverse application scenarios, aiming to become a driving force in Taiwan digital finance industry.