Press Release

2024-12-25

Synbio Tech Inc. Approved for OTC Market Listing, Marking a New Milestone

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We are proud to announce that Synbio Tech Inc. (1295) has officially received approval for our OTC market listing from the Taipei Exchange (TPEx) on December 10th. This milestone reflects years of dedicated efforts under the strategic leadership of our chairman - Mr. Lian-Chuan Yang and the collective commitment of our entire team.

Since our founding in 2000, Synbio Tech Inc. has been a pioneer in the probiotics industry, specializing in the research, development, and manufacturing of probiotics. Our products span a wide range of applications, including human health, animal wellness, plant care, and aquaculture. In addition to delivering high-quality probiotic raw materials, we provide CDMO, OEM, and ODM services to meet the unique needs of our partners.

“Our OTC market listing is not just a financial milestone, but a testament to our unwavering commitment to leveraging microbiome science for global health and sustainability,” said Mr. Yang. “This achievement will enable us to accelerate our strategic growth, expand our reach, and further our mission ─ Changing Lives with Probiotics.”

Synbio Tech’s financial performance underscores its strategic vision. In 2023, we achieved revenues of NT$823 million, with a net profit of NT$ 113 million and earnings per share (EPS) of NT$3.67. The first three quarters of 2024 have been even more remarkable, with revenues reaching NT$743 million, net profit of NT$148 million, and EPS of NT$4.71—significant improvements that validate our strategic approach.

Looking ahead, we remain focused on advancing microbiome research and expanding the potential of probiotics in human health, agricultural applications, and environmental sustainability. By working closely with our partners, we aim to make a meaningful impact—improving global well-being while contributing to a healthier planet.

“As we take this next step forward, we look forward to collaborating with our stakeholders, partners, and the wider community to shape a healthier, more sustainable future—together,” said Mr. Yang.

 
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