CHUNG HUNG STEEL Business Summary

Chung Hung Steel Corp (2014.TW) operates a high-volume B2B manufacturing model, deriving revenue primarily from the production and international sale of flat-rolled steel products and high-precision pipes. The business is structured into two primary segments: the Steel Corporation segment, encompassing hot-rolled, cold-rolled, and galvanized steel coils for the automotive, construction, and appliance sectors, and an Investment segment managed via Hung Kao Investment. As of February 2026, the company is capitalizing on a recovery in regional pricing power following China’s implementation of export licensing systems, which has reduced low-priced supply in the Taiwanese market. In the competitive landscape, Chung Hung maintains a robust mid-tier position alongside rivals such as China Steel Corporation (CSC), Yieh Phui Enterprise, and Dragon Steel, functioning as a critical high-capacity processor within the broader CSC Group supply chain. The executive leadership is deeply integrated with the China Steel Corporation (CSC) group, ensuring high-level strategic alignment. Chairman Kuei-Sung Tseng leads the board, bringing extensive technical expertise from his previous tenure as Assistant Vice President of Production at CSC. The management team is headed by President Min Chu (Min-Hsiung Chu), who holds a Ph.D. in Environmental Engineering from the University of Southern California and oversees the company’s transition toward sustainable manufacturing and operational efficiency. Other key executives include Vice Presidents Fu-Liang Wang and Wen-Ping Huang, who manage production and administration respectively. China Steel Corporation remains the anchor investor with a 40.59% stake, while the board includes notable independent directors such as Lin-Lin Lee and Ming-Te Sun, providing oversight in legal and macroeconomic forecasting.