2025-09-15XAC Launches Employee Stock Ownership Trust to Advance ESG and Payment Industry Competitiveness


 

Hsinchu, Taiwan ROC (Sep 15, 2025) – XAC Automation Corporation (5490 Taiwan OTC), a leading R&D and manufacturing company focused on delivering commerce solutions to the payment industry since 1993, today announced the official launch of its Employee Stock Ownership Trust (ESOT) program, with Taipei Fubon Bank serving as trustee. The initiative reflects XAC’s long-term commitment to Environmental, Social, and Governance (ESG) practices by creating a transparent, institutionalized framework that enhances employee welfare, fosters workplace inclusiveness, and drives sustainable talent development. Senior executives from both XAC and Taipei Fubon Bank attended the signing ceremony to mark this important milestone. 
 

Empowering Employees Through Shared Growth 

Guided by its core values of persistence, sustainability, teamwork, and shared success, XAC has consistently emphasized the importance of employee engagement and collective growth. Through the ESOT program, employees can participate in company performance via personal contributions matched by company allocations. This approach not only reinforces XAC’s philosophy of shared prosperity but also strengthens cohesion and belonging across its workforce. 

 

ESG in Action: Building a Resilient Talent Base for the Payment Industry 

As the global payment and automation industries evolve rapidly, talent has become the defining factor of innovation and competitiveness. In this environment, XAC is embedding ESG principles into human capital management through transparent governance and innovative welfare mechanisms. By creating a workplace that attracts, retains, and develops top talent, XAC aims to secure long-term growth while continuing to drive innovation and market expansion—laying a strong foundation for sustainable leadership in the payment industry. 

“Employees are our most valuable partners,” said Edmund Chang, Chairman of XAC Automation Corp. “Through the ESOT initiative, we want our colleagues to share directly in the results of our growth. This is not only a form of protection for our employees but also a crucial step in practicing sustainable business and co-creating long-term value.” 

For more information, please contact us at marketing@xac.com.tw 

 

About XAC Automation Corp. 

Founded in 1993, XAC (5490 TAIWAN OTC Securities Exchange) is a leading R&D/Manufacturing company focused on transaction automation devices. With over 30 years of payment industry experience, XAC distinguishes itself by developing its own key components modules, cost-effective secure hardware architecture, and flexible commerce enabling Cloud Platforms to offer its partners (Payment Service Providers, acquirers, System Integrators (SIs), VARs, and FinTechs) complete “white label” solutions. High quality manufacturing of products is achieved through XAC’s closed loop quality system and still includes owning its own factories (versus outsourcing) which is another differentiator. Today, XAC’s payment technology solutions are found globally in POS terminals, high-end countertop payment devices, Electronic Cash Registers (ECRs), wireless “pay-at-the-table” devices, multi-lane consumer activated terminals, outdoor payment terminals including petroleum and gas dispensers, PIN pads, Smartcard peripherals, RFID/NFC readers, cashless ATMs, kiosks, and countless other solutions. For more information about XAC, please visit https://www.xac.com.tw