TA YA ELECTRIC WIRE & CABLE Business Summary

Ta Ya Electric Wire & Cable Co., Ltd. (1609.TW) operates a vertically integrated industrial model, generating revenue primarily through the manufacturing of power cables, magnet wires, and telecommunications infrastructure, alongside a rapidly expanding portfolio of renewable energy assets. The company’s business is structured into two dominant segments: the Electric Wire & Cable division, which services utility-scale grid projects and industrial applications, and the Solar Power Plants division, which focuses on the development and operation of solar farms and energy storage systems (ESS). Revenue is largely driven by long-term contracts with the Taiwan Power Company (Taipower) for its national grid resilience initiatives and B2B sales of high-performance magnet wires to the electric vehicle (EV) and electronics sectors. In the competitive landscape, Ta Ya contends with major domestic players such as Walsin Lihwa (1605), Hua Eng Wire & Cable (1608), and Pacific Electric Wire & Cable. While Walsin Lihwa holds a broader global footprint, Ta Ya maintains a specialized leadership position in Taiwan’s extra-high voltage (EHV) cable market and is a first-mover in the domestic transition to integrated green energy services. The company is controlled by the founding Shen family, with Chairman and CEO Shen Shang-hung (Sean Shen) leading the strategic pivot toward sustainable energy. Shen, an MBA graduate from Emory University, has been the primary architect of the firm’s diversification into venture capital and green infrastructure. He is supported by President and Director Shen San-yi, who manages the group’s manufacturing operations across Taiwan and Vietnam, and Executive Vice President Shen Shang-tao. Founded in 1955 by Shen Chin-pyng, the leadership team possesses over seven decades of industrial pedigree, transitioning the firm from a local wire manufacturer into a diversified energy conglomerate. The company maintains a stable governance structure with significant institutional backing from global and domestic entities, including The Vanguard Group, BlackRock, and Fubon Asset Management, reflecting strong investor confidence in its role within Taiwan’s energy transition.