LU HAI Business Summary

Lu Hai Holding Corp. (2115.TW) is a premier global manufacturer of tire valves and related automotive components, operating through a high-volume manufacturing and distribution model. The company generates revenue across four core business segments: passenger car, truck, and off-road vehicle valves (approx. 34%), motorcycle and electric motorcycle valves (26%), bicycle valves (19%), and a diversified portfolio of accessories and precision machining parts (21%). As a critical Tier-1 and Tier-2 supplier, Lu Hai maintains a dominant market presence, particularly in the ASEAN region where it has historically held a near-monopoly in the Indonesian tire valve market. The company serves a blue-chip client base including global tire giants such as Michelin, Bridgestone, Pirelli, Maxxis, and Kenda. Its primary direct competitors include Pacific Industrial Co., Ltd. (Japan), Shanghai Baolong Automotive Corp. (China), and Hamaton Automotive Technology (China), against whom Lu Hai competes through vertically integrated production and strategic manufacturing hubs in Taiwan, China (Xiamen and Kunshan), and Indonesia. The company was founded in 1980 in Changhua, Taiwan, by six members of the Wu and Hsu families, including Wu Jinlu, Wu Jinshu, and the Hsu brothers (Jin, Shou, He, and Si). This family-led heritage continues to define the firm’s governance and strategic direction. As of March 2026, the leadership team is headed by Chairman and General Manager Hsu, Lien-Kai, who oversees the group’s global operations and its transition toward intelligent manufacturing and high-precision non-valve components. Key executive roles include Assistant Manager of Sales and Spokesperson Wu, Ko-Li, and Finance Manager Tsai, Shao-Fen. The board is characterized by strong family representation and institutional stability, with major shareholdings maintained by family-controlled entities such as Get Joint Business Corporation and Day Light Business Co., Ltd. This leadership pedigree has successfully steered Lu Hai from a local processing factory into one of the world’s largest tire valve manufacturing groups by volume, leveraging decades of technical expertise in rubber-metal bonding and precision machining.