Introduction
Far Eastern New Century Corporation (formerly Far Eastern Textile Ltd.) In 1945, founder Mr. Yu-Yao Hsu established "Far Eastern Weaving & Dyeing Works, Ltd." in Shanghai, producing "Yang Fang" brand underwear, marking the beginning of Far Eastern's textile business. In 1949, when the National Government relocated to Taiwan, Far Eastern Textile moved its production equipment and materials to Taiwan to resume operations, designating October 20 as the anniversary of its relocation. In October 2009, to align with the company's current structure and future development vision, Far Eastern Textile was renamed "Far Eastern New Century Corporation."