SE CEMENT Business Summary

Southeast Cement Co., Ltd. (SE CEMENT) is a vertically integrated building materials provider that generates revenue through the manufacture and sale of Portland Type I cement, clinker, and furnace slag powder. The company operates through four primary segments: the Production Department, which constitutes the core revenue driver via industrial material sales; the Lease Department, which manages a vast portfolio of land and factory assets; and the Construction and Engineering Departments, focused on residential development and infrastructure contracting. Strategically positioned in Kaohsiung, SE CEMENT maintains a regional competitive advantage in Southern Taiwan, catering to both public infrastructure and private construction projects. Its primary domestic competitors include Taiwan Cement (1101), Asia Cement (1102), Universal Cement (1104), and Chia Hsin Cement (1103). Within this peer group, SE CEMENT is distinguished by its aggressive strategic pivot toward real estate development, leveraging its significant legacy land bank to transition from a traditional manufacturer into a diversified asset-holding entity. Established in 1956 by founder Chen Jiang-zhang, SE CEMENT is currently managed by the second and third generations of the Chen family. As of March 2026, the leadership team is headed by Chairman Chen Min-tuan, with his son, Chen Kuan-hua, serving as Vice Chairman and newly appointed General Manager following the March 2026 retirement of veteran executive Wu Chang-zhi. The executive suite is further strengthened by Chief Sustainability Officer Wu Yan-hui and Finance Manager Huang Hsin-han, who also serves as the company’s primary spokesperson. The board is characterized by stable family ownership, with major stakes held through Dongshu Investment and the Chen Zhao-shu Charitable Foundation. This leadership cohort is currently overseeing a multi-year modernization of its production facilities and the expansion of its subsidiary, Southeast Asset Development, to capitalize on the urban redevelopment of Kaohsiung’s industrial zones.