FENG HSIN IRON & STEEL Business Summary

Feng Hsin Iron & Steel Ltd (2015.TW) operates a transactional business model centered on the production and sale of long steel products via electric arc furnace (EAF) technology. The company generates revenue through three primary segments: Rebars, which serve the domestic construction and civil engineering sectors; Section Steel (including angles, channels, and beams) for industrial infrastructure; and Special Steel Bars, high-grade alloys utilized in the automotive and machinery components industries. As of early 2026, Feng Hsin maintains a dominant position in Taiwan’s long steel market, leveraging its strategic location in Taichung and a highly efficient scrap-recycling supply chain. It competes directly with domestic giants such as China Steel Corporation (CSC), Tung Ho Steel, and Dragon Steel, distinguishing itself through superior operational margins in the rebar segment and a specialized focus on Special Bar Quality (SBQ) products for high-precision manufacturing. Founded in 1969 by Lin Wen-Kuei, the company has transitioned into its third generation of family-led stewardship, maintaining a reputation for conservative financial management and technological modernization. The current leadership team is headed by Chairman Mark (Ta-Chun) Lin, who assumed the role in 2021 to oversee the firm’s digital transformation and expansion into high-margin alloy segments, and General Manager Michael Lin, who directs operational efficiency and supply chain logistics. The executive team is supported by a board that includes representatives from major shareholder Chin Fu Li Investment and independent directors such as Chien Shu-Hua, ensuring a balance of family legacy and modern corporate governance. Notable for its consistent dividend policy, the company remains a staple for institutional investors seeking exposure to Taiwan’s infrastructure and industrial growth cycles.