President of NOVAX Nicholas Yang said that last year's revenue reached a record high. In addition to implementing the business philosophy of "Revere Heaven Love Man" and "common good and altruistic ", in the face of the urea chaos and the crisis of cutting out supplies, he was still able to fly against the wind and hand in an impressive report card. In this year In March 2023, the total sales in Taiwan rose to 2,078 KL, a record high in a single month, an increase of 23% from the previous month and 18% from the same period last year, and a growth rate of 100 times compared to the initial establishment in March 2008.

In order to meet the blue sky and green land plan of the Taoyuan City Industrial Development Autonomy Regulations to apply for rewards and subsidies in November 2022, the new Guanyin plant has started to build a new circular economy momentum. The groundbreaking ceremony was held on May 19, and the new plant is expected to be completed in the 2nd quarter of 2024.
 
Known as the largest supplier of catalytic reducing agents in the Asia-Pacific region, NOVAX is the first company deeply involved in the Taiwan automotive AdBlue® (catalytic reducing agents for diesel vehicles), and has achieved ISO 9001 & 14001 certification, so far has been widely recognized and joined by 400 gas stations in Taiwan.
 
Nicholas Yang said that the meaning of the main product AdBlue® means advanced chemical for "creating the blue sky". In addition to continuing to lead the automotive AdBlue® market in the future, it is expected to expand the territory of gas stations to 500 by the end of 2024. The new circular economy business dismantles waste mattresses for reuse, the development of new fuels is also proceeding smoothly to practice ESG, and become the pioneer of ESG.
 
The gift of this stockholders meeting is the Taiwan Excellence Award-winning “LuftQi LUFT CUBE Mini Air Purifier” (market price NT$2,688). It can be powered by USB Type-C, and the patented photocatalyst purification technology destroys formaldehyde (decoration, paint, etc.), mold, bacteria, pollen, organic aerosols and bioaerosols in PM2.5, the convenient and lightweight design allows shareholders to have fresh air wherever they go. In line with the corporate spirit and philosophy of Cleaning Air is our Mission!