As we step into the end of 2025, a year of harvest and gratitude, Delta continues to deliver steady revenue growth—an achievement made possible by the collective efforts of our global teams. In parallel, our subsidiary Delta Thailand has also reached record highs in both revenue and profit. Over the past years, Delta Thailand's progress has been remarkable. With expanded facilities and the establishment of its R&D center, it has evolved from a production site into a critical hub that integrates R&D, manufacturing, and regional operations.

In early November, I had the honor of visiting Bangkok to attend the "Delta Future Industry Summit 2025" hosted by Delta Thailand. Engaging with leaders from industry, government, and academia on topics such as sustainable AI, smart manufacturing, and energy resilience, I witnessed firsthand the team's deep roots, transformation, and breakthroughs across Southeast Asia. This issue's《Special Report》brings you these highlights.

For the《Delta Insights》, our editorial team interviewed Mr. Victor Cheng, CEO of Delta Thailand. Since joining Delta in 1993, he has accumulated extensive experience across the visual display, DNI and ICT businesses. Two years ago, he transitioned from the business group to the Southeast Asia region. In this interview, he shares how he leverages the region's strategic advantages, navigates linguistic, cultural, and economic diversity, and steers Delta Thailand to deliver continuous outstanding performance.

Delta remains committed to climate action and has participated in the UN Climate Change Conference (COP) for 18 consecutive years. In alignment with the COP30 focus on "climate adaptation", we traveled to Belém, Brazil, this year with the theme "AI for Green", demonstrating how technology can bridge nature and climate. From coral restoration to green building advocacy, we showcased how AI can become a powerful enabler for environmental protection.《Sustainability》will take you inside this year's COP—don't miss it.

We are also pleased to share encouraging news from business frontlines. In the UK, Delta's 5kW DC-DC converter is supporting a hydrogen power generation system, contributing to the transition toward zero-carbon energy. In China, our DC lighting solutions have been deployed in the Kezhu Expressway tunnels and Ningbo Metro Line 8, improving energy efficiency in public infrastructure. In Europe, Delta's wireless charging system has been successfully adopted in an internal logistics project led by the German automation equipment manufacturer Neumaier Industry, enabling outdoor tow tractors and forklifts to operate on demand while reducing maintenance downtime—showcasing new possibilities for smart logistics. All these exciting stories are featured in this issue's《Brand Circle》.

Brand and Communications Division