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Elite Metal Chairman Urges Institutional Investors to Seize Opportunities on Taiwan Innovation Board
Non-Energy Minerals · Other Metals/Minerals · economic_daily · 2026-10-22
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Elite Metal Chairman Wu Yung-chung clarifies that the Taiwan Innovation Board is a mature, strictly regulated market, urging investors to capitalize on current valuations.
What Happened
Clarifying Market Positioning: Elite Metal Chairman Wu Yung-chung emphasized that the Taiwan Innovation Board (TIB) is not a simple registration-based market like the Emerging Stock Board, but a mature platform requiring rigorous scrutiny. Since listing, the company has successfully utilized the board for capital raising, including cash injections and convertible bond issuances, proving its core financial utility.
Strong Liquidity Metrics: Addressing concerns regarding market liquidity, Wu highlighted that the TIB's turnover rate, ranging from 1.8% to 2%, actually outperforms the main board and the Taipei Exchange. Furthermore, the inclusion of two TIB-listed companies in the Mid-Cap 100 Index underscores the board's growing significance and functional maturity.
Call for Institutional Participation: Wu noted that current valuations for the 30 companies listed on the TIB are highly attractive, representing a prime entry point for institutional investors. He urged venture capital firms and mutual funds to increase their participation, which he believes is critical for supporting share prices and overall market health.
Growth and Future Outlook: With the TIB reaching the milestone of 30 listed companies, Wu praised the regulatory authorities for their active promotion and robust institutional framework. He expressed optimism that the board will continue to gain momentum, aiming for a target of 50 listed companies to further bolster Taiwan's innovative capital ecosystem.