Company information
- Ticker
- 1568
- Country
- Taiwan
- Sector
- Consumer Discretionary
- Industry
- Automotive
T.Y. Business Summary
Tsang Yow Industrial Co., Ltd. (1568.TW) is a specialized manufacturer of high-precision automotive transmission components, generating revenue through the design and mass production of automatic transmission parts, torque converter components, and heavy-duty vehicle gears. The company operates a B2B model, serving as a critical Tier 2 and Tier 3 supplier to global OEMs and Tier 1 systems integrators across the Americas, China, and Europe. Its business is segmented into passenger vehicle components, which constitute the core of its revenue, and a specialized division for agricultural and industrial machinery parts. In the competitive landscape, Tsang Yow competes with Taiwanese peers such as Hota Industrial (1536.TW), Global PMX (4566.TW), and Macauto (8004.TW). The company maintains a strong market position by leveraging its vertically integrated manufacturing capabilities—including heat treatment and precision grinding—and is increasingly focusing on lightweight components for the electric vehicle (EV) powertrain market. The company is led by Chairman Su Chi-tse (蘇祈澤) and General Manager Su Chi-hu (蘇祈琥), who provide a blend of technical expertise and strategic family stewardship. Founded in 1985, the leadership team has successfully navigated the firm through multiple cycles of automotive technology, emphasizing R&D-driven process innovation and metallurgical excellence. The board of directors includes key figures such as Finance Director Huang Fang-rui and is supported by major shareholders like Rich Pool Investment Co., Ltd., ensuring a stable capital structure for long-term growth. As of 2026, the executive team is focused on a "Green Transformation" initiative, which includes expanding manufacturing footprints into Malaysia and diversifying the product portfolio into e-axle housings and motor components to align with global electrification trends.