RIGHT WAY Business Summary

Right Way Industrial Co., Ltd. (1506.TW) operates as a precision manufacturer of automotive and motorcycle components, deriving the majority of its revenue from the production of engine, steering, and suspension systems for global Original Equipment Manufacturers (OEM) and the Aftermarket (AM). The company’s primary business segments are categorized into engine parts—specifically aluminum alloy pistons utilizing NASA-licensed high-performance materials and connecting rods—and chassis components, including steering knuckles, ball joints, and tie rod ends. In a strategic pivot following its integration into the Ta Chen Steel Group, Right Way has also expanded into the system cabinetry market, leveraging its metal processing capabilities to provide modular home interior solutions. It maintains a specialized market position relative to broader Taiwanese automotive peers like Tong Yang Industry, TYC Brother Industrial, Depo Auto Parts, and Macauto Industrial, focusing on high-stress forged and cast mechanical components rather than aesthetic or lighting assemblies. The executive leadership is headed by Chairman Hsieh Li-Yun, who concurrently leads the Ta Chen Steel Group, ensuring deep strategic synergy with the parent conglomerate's global logistics network. General Manager Lo Shih-Yi, an alumnus of National Taiwan University with a professional background in vice presidency at American Express Bank, directs the company’s operational focus toward lightweighting technologies for the electric vehicle (EV) sector. Founded in 1964 and headquartered in Tainan, the company is anchored by the institutional backing of Ta Chen International Steel, which serves as the primary investor and controlling entity. The board of directors is composed of seasoned industrial veterans from the Ta Chen ecosystem, emphasizing a transition from traditional mechanical manufacturing to a diversified industrial group model that combines automotive engineering with large-scale distribution.