Business Philosophy

Founded on Sincerity


The Lidye Group originated from the Lidye Trading Co., Ltd. founded in 1960 by the founder Mr. T. H. Wang and several colleagues. Lidye group has been established half a century already. The company started out as the Taiwan agent for several large Japanese manufacturers. Like the drilling of wells, the founders prospected in various areas and found places with copious water of good quality. Obtaining agency rights from a new Japanese company was like successfully drilling a new well, and employees, stockholders, and vendors jointly enjoyed the sweet water that flowed from it. With the mission of conducting sincere business operations and sharing prosperity, Lidye's people won the trust of many Japanese companies and helped persuade them to start joint venture manufacturing or trading companies in Taiwan. This was how Lidye's affiliates in Taiwan were established. The group's ambitions have grown over the years, and its products have spread into many industry areas.


As the group's organizational structure grew more complex, the group's Lih Nung Chemical Industries Co., Ltd. was reorganized by Lidye Group chairmen of the board Mr. W. L. Chiu and C. C. Chen who made special efforts to establish the Lidye Co., Ltd. in 1989, which was assigned responsibility for controlling and consolidating the group's equity holdings in each enterprise. In charge of centralized management of equity holdings in affiliated enterprises, Lidye Co., Ltd. has since transformed itself into a specialized industrial holding company. Thanks to even closer support and coordination between different affiliated enterprises, the group has steadily grown, allowing Lidye Co., Ltd. to successfully conduct a public share offering in 1994 (Taiwan Stock Exchange code 9971).


Responding to the changing global economic environment, the group began an active movement into the China market starting in the 1990s. Affiliated enterprises were successively established in China, and the group also opened business offices worldwide in line with its strategy of strengthening its base in Taiwan, cultivating the Chinese market, and deploying worldwide. The Litsudye International Co., Ltd. was established in 1994 in order to strengthen management of overseas operations and served as the group's main holding company for its overseas affiliated enterprises.


To maintain and expand future growth, the Lidye Group will strive for constant improvement, which puts into practice the spirit that is embodied in the Lidye Group's corporate statement, "From the same well we drink." We hope that our high-quality products and services will satisfy customers, our higher compensation and benefits will reward employees, and our increasing profits and dividends will remunerate shareholders. We want all Lidye partners and stakeholders to be able to drink from the well of sweet water provided by Lidye and its partners, and enjoy perpetual refreshment. We are further linking together streams of water from our various sources so that they form a river running into the ocean. Pressing ahead with sincerity, the Lidye Group's operations and products will span the globe, and the Lidye spirit will shine in all its glory.