Sinkang Business Summary

Sinkang Industries Co., Ltd. (2032.TW) operates as a leading stainless steel service center in Taiwan, generating revenue primarily through the transaction-based sale of processed stainless steel products. The company specializes in the secondary processing of SUS 300 and 400 series stainless steel, with core business segments including plate and coil shearing, slitting, surface treatment (such as mirror finishing and embossing), and the manufacturing of stainless steel tubes and angle bars. Its high-precision products serve a diverse range of downstream sectors, including construction, kitchenware, electronics, and the petrochemical industry. Within the competitive landscape, Sinkang competes directly with major domestic players such as Froch Enterprise, Yeun Chyang Industrial, Tang Eng Iron Works, and Chien Shing Stainless Steel, maintaining a strong market position as one of Taiwan's largest specialized processors with a focus on high-quality surface finishes and flexible production capabilities. Founded in 1971, Sinkang is currently led by Chairman Tsai Zheng-Ting and General Manager Chu Si-Cheng, who has served in his role since August 2022. The leadership team oversaw a significant transition following the passing of former Chairman Cheng Yi-hung in 2024, maintaining operational stability and achieving a reported revenue of TWD 3.04 billion for the 2025 fiscal year. The executive team brings extensive experience in metallurgy and industrial management, supported by a board of directors that includes representatives from key institutional investors such as An-Ting Investment and Fu-Ju-Chun Co., Ltd. Notable board members include Independent Directors Pan Wei-Gang and Li Yi-Qing, who provide oversight as the company continues to expand its domestic and international distribution networks.