Company information
- Ticker
- 1515
- Country
- Taiwan
- Sector
- Industrials
- Industry
- Machinery
REXON Business Summary
Rexon Industrial Corp., Ltd. (1515.TW) operates as a leading Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM) specializing in the large-scale production of fitness equipment and power tools. The company generates revenue primarily through two core segments: Fitness Equipment, which includes high-end motorized treadmills, exercise bikes, and ellipticals for global brands, and Power Tools, focusing on woodworking machinery such as miter saws and drill presses. Rexon’s competitive advantage is rooted in its vertical integration, which includes the in-house manufacture of motors and electronic controllers, allowing for high-precision assembly and rapid scaling for international clients, particularly in North America. Within the global market, Rexon competes directly with Johnson Health Tech (1736.TW), Dyaco International (1598.TW), Techtronic Industries (0669.HK), and Stanley Black & Decker (SWK), positioning itself as a critical manufacturing partner for premium connected-fitness and professional-grade tool ecosystems. Established in 1972 by founder Chen Chi-Teng, Rexon has evolved from a specialized motor workshop into a diversified industrial powerhouse. As of March 2026, the leadership team is headed by Chairman and CEO Kuan-Hsiang (Rex) Wang, who oversees the company’s strategic shift toward smart manufacturing and the diversification of its client portfolio. Key executive roles are held by CFO Huai Chih Cheng and R&D Officer Mei-Ling Cheng, both of whom bring decades of experience in industrial finance and electromechanical engineering to the firm’s operations. The company’s board of directors includes significant institutional representation, reflecting its status as a stable industrial pillar on the Taiwan Stock Exchange with a focus on long-term technological innovation and operational efficiency.