ELITE MATERIAL Business Summary

Elite Material Co., Ltd. (EMC) generates revenue through the design, manufacture, and global distribution of high-performance base materials for the printed circuit board (PCB) industry, primarily copper-clad laminates (CCL), prepreg (PP), and mass lamination boards. The company’s operations are divided into three reportable segments: Domestic (Taiwan-based production of specialty chemicals and PCB materials), Foreign (large-scale manufacturing of CCL and prepreg in China and Malaysia), and Other (investment and product exchange). As of early 2026, EMC maintains a dominant market position as the world’s largest supplier of halogen-free and high-speed CCL materials, commanding a 40% global market share in the high-speed segment critical for AI servers and 800Gb switches. Its primary direct competitors include Shengyi Technology, Kingboard Holdings, Nan Ya Plastics, and Taiwan Union Technology Corporation (TUC), against whom EMC differentiates itself through a superior product mix focused on extreme low-loss materials for next-generation data centers and autonomous driving applications. Founded in 1992 in Taoyuan, Taiwan, the company is currently led by Chairman, CEO, and President Dr. Ding-Yu Dong, who holds a Ph.D. in Engineering from Stanford University and previously served as an Assistant Professor at San Jose State University. The executive team includes Vice Chairman Fei-Liang Tsai, a chemical engineering expert and former President of TUC, and Senior Vice President Dr. Sho-Chang Sun, who oversees technical advancement. Financial operations are managed by Accounting Supervisor and Financial Officer Mengyu Lin. The company’s board and strategic direction are supported by a sophisticated institutional investor base, including major holdings from Vanguard, BlackRock (iShares), Fidelity, and T. Rowe Price, reflecting its status as a core component of global technology and semiconductor supply chain indices.