GOODWAY Business Summary

Goodway Machine Corp. (1583.TW) is a premier Taiwan-based manufacturer specializing in the development and global distribution of high-precision Computer Numerical Control (CNC) turning centers and grinding machines. The company generates revenue primarily through the direct sale and international trading of industrial machine tools, serving high-specification end markets such as aerospace, automotive, energy, and medical technology. Its operations are divided into two core reportable segments: the CNC Lathe segment, which produces multi-axis, vertical, horizontal, and Swiss-type turning centers, and the Processing Machine segment, which focuses on integrated automation solutions and high-precision grinders. Goodway maintains a dominant market position in Taiwan and competes directly with major regional players including Awea Mechantronic Co., Ltd. (1530.TW), Tong-Tai Machine Tool Co., Ltd. (4526.TW), and Quaser Machine Tools, Inc. (4563.TW), distinguishing itself through its extensive global dealer network and high-density manufacturing capabilities in the Taichung Industrial Park. Founded in 1975 by Edward Yang (Yang Te-hua), a seminal figure in Taiwan’s machinery industry, the company is currently led by Chairman and General Manager Susan Yang (Yang Ting-ting), who assumed the leadership role in 2023. Susan Yang, an EMBA graduate from Tunghai University, previously served as Executive Vice General Manager and has been instrumental in the company’s digital transformation and ESG initiatives. The executive team includes Vice President of Technology Joe Chen, who oversees R&D and electrical control development, and CFO Ting Shang Lin. The company remains largely family-controlled, with founder Edward Yang retaining a significant 41.21% stake as of early 2026, while institutional backing is provided by notable investors such as Fubon Life Insurance Co., Ltd. and various private investment vehicles including Jiajin and Hongli Investment.