I YUAN Business Summary

I Yuan Precision Industrial Co., Ltd. (2235.TWO) is a prominent Taiwanese automotive component manufacturer specializing in the production and global distribution of aftermarket and original equipment (OE) comparable parts. The company generates revenue through a transaction-based manufacturing model, with primary business segments encompassing engine cooling systems (electric fans and radiator motors), interior climate control (blower assemblies), and vehicle accessibility components (power window regulators and washer pumps). In recent years, I Yuan has strategically diversified into the high-margin automotive electronics sector, specifically focusing on Tire Pressure Monitoring Systems (TPMS) to capture growth in safety-mandated global markets. The company maintains a strong competitive presence in the international aftermarket across North America, Europe, and Asia, positioning itself alongside key industry peers such as Jason Co., Ltd., Hushan Autoparts Inc., Young Shine Electric Co., Ltd., and Tong Yang Industry Co., Ltd. Founded in 1987 and headquartered in Taoyuan City, the company is led by Chairman and President Wu Chieh-shih (吳碣石), who has overseen its evolution from a specialized motor manufacturer into a diversified automotive electronics provider. The leadership team is characterized by deep technical expertise in motor engineering and a focus on vertical integration to maintain cost competitiveness and quality control. I Yuan's strategic direction is further supported by a stable board and notable institutional backing; major shareholders include the industry-leading lighting manufacturer TYC Brother Industrial Co., Ltd., which holds a 15.66% stake, and WeiHong Investment Co., Ltd., reflecting strong ties within the broader Taiwanese automotive supply chain ecosystem.