FENC Chairman Douglas Tong Hsu Named Among the 2026 Taiwan Top 100 Best-Performing Business Leaders Driving FENC’s Innovation, Transformation, and Sustainable Growth
Harvard Business Review Taiwan has announced the results of its 2026 Taiwan Top 100 Best-Performing Business Leaders ranking. Douglas Tong Hsu, Chairman of Far Eastern New Century Corporation (FENC), has once again been recognized as one of Taiwan's Top 100 Best-Performing Business Leaders for his outstanding leadership, strategic vision, and long-standing commitment to sustainable growth and value creation.
Guided by the corporate values of Sincerity, Diligence, Thrift, Prudence, and Innovation, Chairman Hsu has led FENC's transformation and global expansion. Under his leadership, the Company has evolved from a polyester and textile manufacturer into a diversified enterprise with businesses spanning Production, Investment, and Property Development. Today, FENC’s operations extend across Taiwan, Mainland China, the United States, Japan, Vietnam, and Malaysia, enabling the Company to capitalize on global industry trends and build enduring competitive advantages for long-term growth.
Amid the global transition toward net-zero emissions and the rapid advancement of artificial intelligence, Chairman Hsu has proactively shaped FENC's transformation strategy through forward-looking initiatives. The Company has established short-, medium-, and long-term carbon reduction targets and implementation roadmaps. In 2025, FENC's greenhouse gas emissions from its Production Business were reduced by 40% compared with the 2020 base year, surpassing its short-term carbon reduction target ahead of schedule.
At the same time, FENC continues to accelerate AI-enabled transformation and smart operations by integrating AI across manufacturing, sales, research and development, and corporate management. The Company has also developed its self-built AI management platform, which has been recognized at the Ministry of Economic Affairs’ Best AI Awards for two consecutive years.
Under Chairman Hsu's leadership, FENC has leveraged low-carbon technologies, green materials, and circular recycling innovations to develop sustainable advanced materials with strong international competitiveness. At the 2026 World Cup, FENC provided competition jerseys featuring its advanced textile materials to 14 national teams that qualified for the final tournament, including Spain, the tournament champion, showcasing the Company’s global leadership in sustainable material innovation.
This recognition not only affirms Chairman Hsu's exceptional leadership and management achievements but also highlights the long-term success of FENC's transformation, sustainability initiatives, and technological innovation. Looking ahead, Chairman Hsu will continue to lead FENC in capturing opportunities arising from industrial transformation, strengthening FENC’s diversified business portfolio, and advancing the Company’s vision of becoming a global leader in advanced materials.
