SANYANG INDUSTRY Business Summary

Sanyang Motor Co., Ltd. (2206.TW) operates a diversified manufacturing and distribution model, generating the majority of its revenue through the production of motorcycles under its proprietary SYM brand and the assembly and sale of Hyundai-branded automobiles in the Taiwan market. The company’s primary business segments include the Motorcycle Division, which commands a dominant 41–46% share of the domestic market, and the Automobile Division, which leverages a strategic partnership with Hyundai Motor Company to capture approximately 5% of the local passenger car segment. Additionally, Sanyang derives income from the sale of spare parts, real estate development, and its emerging energy business focused on next-generation aluminum battery technology. Positioned as the market leader in Taiwan’s two-wheel sector, Sanyang competes directly with Kymco, Yamaha Motor Taiwan, and Yulon Motor, distinguishing itself through a high-density distribution network and a focus on premium, fuel-efficient flagship models. Leadership is spearheaded by Chairman and CEO Ching-Yuan Wu, a mechanical engineering graduate from National Taipei University of Technology with an extensive background in land development and industrial turnaround. Since assuming control in 2014, Wu has been credited with engineering a multi-stage "3x3 year" strategic transformation that restored the company to its top-tier market position. The executive team includes Vice Chairperson Li-Chu Wu and Managing Director Chung-Chuan Shih, who oversee a board comprised of representatives from major institutional investors such as Chien-Jin Investment Co. and Chao-Yao Investment Co. This leadership group has pivoted the company toward vertical integration and R&D in electric mobility, securing Sanyang's status as a legacy manufacturer successfully transitioning into the green energy and high-tech automotive era.