CHUN YU Business Summary

Chun Yu Works & Co., Ltd. (2012.TW) is a premier global manufacturer of industrial fasteners and steel products, generating revenue primarily through the high-volume production and international sale of specialized bolts, nuts, and wire rods. The company’s operations are structured into three strategic segments: the Screw segment, which accounts for the majority of revenue by serving the automotive, construction, and railway industries; the Machinery segment, focused on the manufacture of fastener-forming equipment; and the Investment segment. As a core subsidiary of the Taiwan Steel Group (TSG), Chun Yu maintains a dominant position in Taiwan’s construction steel structure market and operates a robust global supply chain with manufacturing hubs in Taiwan, China, Indonesia, and the United States. It competes directly with major domestic players such as San Shing Fastech (5530.TW), Ofco Industrial (2032.TW), and Quintain Steel (2016.TW), distinguishing itself through its vertical integration with TSG’s upstream steel resources and its extensive portfolio of high-end aerospace and green energy fasteners. The company’s leadership is currently spearheaded by Chairman Huei-Jeng Lin, a prominent figure within the Taiwan Steel Group and a former academic with deep expertise in engineering and industrial management. He is supported by CEO Tung-Sen Tsai, who oversees the group’s global operational efficiency and technological advancement. Founded in 1949 by the Lee family, Chun Yu has transitioned from a family-led enterprise into a professionally managed cornerstone of the TSG conglomerate, which remains its most significant institutional backer. The board of directors is characterized by long-tenured members and strategic representatives from TSG, ensuring a focus on long-term industrial consolidation and the expansion of high-margin product lines, such as those utilized in the Taipei 101 and global high-speed rail networks.