Remaining deeply committed to our founder's mission of providing high-quality water supply systems, we continue to enhance product competitiveness through ongoing product innovation, process improvement, and the integration of new materials and methods. In 2024, we launched our first product carbon footprint inventory project, marking a key step toward establishing an internal mechanism for green product design and evaluation. Driven by a spirit of continuous learning and market responsiveness, we continue to develop a wide range of pumps that are energy-efficient, environmentally friendly, antibacterial, and silent, suitable for use across various industries. We have also completed the design of our new Huanqiu Plant in Lujhu District, Kaohsiung, which will expand our production capacity once completed.
The year 2022 marked the beginning of Walrus Pump's formal ESG journey, highlighted by the publication of our first sustainability report and completion of our inaugural organizational greenhouse gas inventory. These efforts were recognized with a Gold Award for Sustainability Reporting at the 2023 Taiwan Corporate Sustainability Awards (TCSA), followed by a Platinum Award in 2024. Looking ahead, we aim to embed sustainability as one of the defining values of this trusted, time-honored Taiwanese brand, guiding our evolution into the next century. We are also committed to building a collaborative industry ecosystem. On March 22, 2024, we held our first supplier conference to promote the development of a resilient, sustainable supply chain.
Our brand icon—the Walrus Pump—embodies our spirit to "challenge the limit, never give up, and dominate water." We believe Walrus Pump can become the preferred choice wherever water flows, contributing to a better quality of life, more sustainable cities, and a healthier environment. We warmly invite all stakeholders to explore this report. Your feedback will be a valuable force in driving our continuous improvement. Together, let us open a new chapter in sustainable living.