CHIH LIEN Business Summary

Chih Lien Industrial Co., Ltd. (2024.TW) generates revenue through a B2B manufacturing and trading model, specializing in the precision drawing and processing of steel wires and bars. Its primary business segments are divided into steel wire products—including high-carbon, spring, and annealed wires—and steel bar products, such as free-cutting, alloy, and stainless steel polished rods. These materials serve as essential components for the global automotive, electronics, and industrial machinery sectors. Within the Taiwanese metallurgical landscape, Chih Lien competes directly with Chun Yuan Steel (2010.TW), Quintain Steel (2016.TW), and Gloria Material Technology (3167.TW). The company distinguishes itself as a high-precision niche leader, leveraging its status as the first domestic developer of free-cutting steel in Taiwan to maintain a premium position in the specialized machinery supply chain. The company was established in 1973 by founder Hsieh Ren-Ho and has been listed on the Taiwan Stock Exchange since 1995. Current leadership is headed by Chairman Chung-Liang Pan, who has directed the board since 2019 with a focus on sustainable governance and strategic market expansion. Operational execution is led by General Manager and Director Hsin-An Lin, appointed in 2024, who oversees the integration of advanced Japanese and European drawing technologies to enhance production efficiency. The leadership team is supported by a board of directors with deep pedigree in Taiwan’s industrial sector, maintaining a corporate strategy centered on metallurgical research and the modernization of its primary manufacturing facilities in Taoyuan.