Company information
- Ticker
- 2504
- Country
- Taiwan
- Sector
- Industrials
- Industry
- Construction
GOLDSUN BUILDING MATERIALS Business Summary
Goldsun Building Materials Ltd (2504.TW) operates a vertically integrated business model primarily focused on the production and distribution of ready-mixed concrete (RMC), cement, and calcium silicate boards. The company generates the majority of its revenue through high-volume transactions in its Pre-Mixed Concrete segments across Taiwan and Mainland China, supplemented by secondary revenue streams from real estate development, shopping mall leasing, and hospitality services. Its product portfolio includes specialized high-performance and customer-tailored concretes used in large-scale civil engineering and public infrastructure projects. Within the competitive landscape, Goldsun maintains a dominant position as Taiwan's leading RMC provider, competing directly with major industry peers such as Asia Cement Corp (1102.TW), Universal Cement (1104.TW), and Lucky Cement (1108.TW) by leveraging an extensive network of over 20 concrete plants and a robust logistics fleet. Founded in 1954 by the Lin family, the company is currently led by Chairman Lan-Ying Hsu, who has held the position since 2007, and Deputy Chairman Ming-Sheng (Vincent) Lin, the eldest son of former chairman Lin Shiaw-shinn. The executive team is rounded out by CEO and General Manager Chih-Jen Wu, a seasoned industry veteran who has overseen the company's operational expansion since 2017. The board of directors includes representatives from major institutional and corporate stakeholders, most notably Taiwan Secom Co., Ltd., which remains a significant affiliate and investor. Other prominent shareholders include Shin Lan Enterprise, Inc. and institutional funds such as UOB Asset Management and Vanguard, reflecting the company's stable governance and its legacy as a cornerstone of the Goldsun Group's industrial portfolio.