Industry News
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Giant Group Celebrates its 50th Anniversary, Bringing Together Global Business Leaders and the Taiwan Bicycle Industry to Plan a Sustainable Future
Giant Group celebrated its 50th anniversary today with a series of events held at the company’s global headquarters in the Central Taiwan Science Park. Hundreds of influential members of the bike industry gathered to discuss solutions for sustainable development, of the industry and achieving consensus on the industry’s future direction. In the morning session of "Get Greater - Sustainable Future Summit Forum," interpretations and action plans for sustainability issues were shared. At the "Giant Group 50th Anniversary Ceremony" afternoon session, Chairperson Bonnie Tu thanked all the partners for their contributions in building Taiwan's bicycle industry a into a world leader.... 2022-10-27
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TAIPEI CYCLE 2023 explores five themes for green business and welcomes international exhibitors and visitors
13 September 2022, Taipei, Taiwan: Today, TAIPEI CYCLE held Imagining A Better Future: The Cycling Industry's Sustainable Practices, an international press conference announcing the show's 2023 focus on sustainability, featuring five pivotal themes of discussion, and welcoming international exhibitors and visitors. Hosted by James Huang, the chair of TAITRA, the panel discussed how the fight against climate change is affecting all industries across the globe, with companies striving to achieve low-carbon emissions. As the largest emitter, transport is gradually finding its way towards electrification, and bicycles will be a key component in the future of clean mobility. Bicycles will also... 2022-09-14
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Velo Introduces VAF (Velo Atmos Foam) to their process
Velo has introduced a new material called Velo AtmosFoam (VAF) which was created to enhance performance and durability attributes while minimizing the environmental impact of the production process. AtmosFoam is lightweight, has incredible support for your sit bones to bring you better overall comfort and performance. The material has been widely used in the footwear industry in the last decade and now Velo has brought the same technology to the bicycle saddle. “We are excited to be the first to introduce this type of foam to the cycling industry. Velo is continuously looking for innovative ways to increase the performance... 2022-09-07
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Giant Group invites industry leaders to join Bicycling Alliance for Sustainability (BAS), an initiative to reduce carbon emissions and ensure sustainable production
On June 2, the eve of World Bicycle Day, Giant Group invited 33 bicycle industry leaders to join a kick-off meeting for the Bicycling Alliance for Sustainability (BAS) to be held later this year. The goal of the BAS is to create a coalition for the industry to interact, share ideas, and develop new ESG (environment, social and governance) initiatives to help the bicycle industry move toward more sustainable production practices. With the intensification of global climate change and the sharp rise in climate risks, global natural disaster losses in 2020 reached NT$6 trillion, and significant disaster losses have become... 2022-06-06
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Merida announced EPS NT$15.55 and cash dividend NT$ 8.0 for 2021
Merida’s sales result last year has been strong on growth and profit. The profitBefore tax was NT$6.2billion, 18.39 % higher from the prior year. Merida’s Board of Directors meeting on Mar 23rd has approved the consolidated result of 2021. The EPS after tax was NT$ 15.55. The Board of Directors also proposed that the General Meeting of Shareholders scheduled for June 23rd approve a cash dividend of NT$8.0 per share for 2021. 2022-03-28