Four FEG Companies Honored in 2026 HBR Taiwan Top 100 Leaders Ranking for Exceptional Governance and Sustainable Growth
At the award ceremony for the "2026 Taiwan Top 100 Business Leaders," organized by the Global Traditional Chinese edition of Harvard Business Review (HBR) on August 5, Far Eastern Group (FEG) emerged as one of the most prominent conglomerates of the year. Under the strategic leadership of Chairman Douglas Tong Hsu, four FEG subsidiaries were simultaneously recognized on the prestigious list.
The honors were accepted by company representatives: Jeff Hsu, Vice Chairman of U-Ming Marine Transport; Humphrey Cheng, President of Far Eastern New Century (FENC); Kun-Yen Lee, President of Asia Cement Corporation (ACC); and Chee Ching, President of Far EasTone Telecommunications (FET). (Photo Credit: FEG Magazine)
An Objective Benchmark for Enduring Value Creation
Widely regarded as the "Hall of Fame" for Taiwanese industry leadership, the HBR "Taiwan Top 100 Business Leaders" ranking is built on fully objective big data analytics. The methodology evaluates corporate leaders based on compound annual long-term financial performance throughout their tenure, combined with comprehensive ESG ratings.
Amid accelerating industry transformation driven by AI, ESG mandates, and climate change, exceptional corporate leaders are required to drive business model innovation while safeguarding long-term shareholder value. The simultaneous ranking of four FEG companies across diverse sectors highlights the group’s operational stability, governance maturity, and the strength of its multi-industry ecosystem.
Driving Transformation Across Diversified Sectors
While operating across distinct market landscapes, FEG’s subsidiaries share a unified foundation: pursuing excellence in core operations, upholding rigorous corporate governance, and proactively deploying digital, AI, and low-carbon technologies:
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Far Eastern New Century (FENC): As the core anchor of the Group, FENC continues to advance in polyesters, performance textiles, and green circular materials. Through ongoing investments in recycling technologies and low-carbon manufacturing, FENC maintains an indispensable position across global sustainable supply chains.
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Far EasTone Telecommunications (FET): Driven by its "Big Data, AI, and IoT" strategy, FET has established a solid second growth curve, driving digital service expansion while fulfilling ambitious net-zero climate commitments.
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U-Ming Marine Transport: U-Ming consistently modernizes its fleet with energy-efficient eco-vessels, pairing prudent fleet deployment with disciplined financial management to navigate macroeconomic cycles and generate stable shareholder returns.
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Asia Cement Corporation (ACC): By spearheading low-carbon cement development and circular economy initiatives, ACC exemplifies the resilience and revitalization of traditional industries through green transformation.
Steadfast Progress Toward a Resilient Future
This collective recognition underscores the widespread market and academic validation of Far Eastern Group’s cross-industry synergy and governance. Moving forward, FEG will continue to deepen digital transformation, accelerate net-zero deployment, and maintain steady, sustainable progress across a dynamic global landscape.
