HK Business Summary

Hechi Electric Wire & Cable Co., Ltd. (1618.TW) operates as a specialized manufacturer of power transmission and distribution infrastructure, generating the majority of its revenue through the production and sale of ultra-high voltage (345kV and 161kV), medium-to-low voltage power cables, and communication wires. Its business model is heavily anchored in long-term government procurement contracts and infrastructure tenders, specifically serving as a primary beneficiary of Taiwan Power Company’s (Taipower) multi-year "Strengthened Grid Resilience Construction Plan." The company’s primary segments include Power Cables, which drive over 80% of total turnover, followed by Bare Copper Wires and specialized engineering services for cable installation and maintenance. Within the competitive landscape, Hechi competes directly with major domestic players such as Walsin Lihwa (1605), Ta Ya Electric Wire & Cable (1609), and Hua Eng Wire & Cable (1608). While smaller in total market capitalization than Walsin Lihwa, Hechi maintains a high-margin competitive advantage as one of the few domestic suppliers certified for 345kV ultra-high voltage cable production, positioning it as a critical tier-1 contractor for national energy security projects. The company’s leadership is currently headed by Chairman Yeh Po-ku (葉柏谷), who directs the firm’s strategic alignment with national energy policies and industrial expansion. The executive management team is led by General Manager Hsieh Ming-chao (謝明昭), who oversees operational efficiency and technical compliance within the high-barrier power cable segment. Established in 1989, the company has transitioned from a general wire manufacturer to a specialized high-voltage technology provider. The board of directors includes key figures such as Yeh Po-hsuan (葉柏煊), maintaining a stable governance structure with deep industrial roots. While the company remains closely held by founding interests and industrial partners, it has increasingly attracted institutional investment from domestic funds focused on Taiwan’s energy transition and grid modernization sectors.