SLC Business Summary

SLC (2616.TW) operates a dual-core business model in Taiwan, primarily generating revenue through petroleum product retailing and integrated logistics services. The petroleum segment, which accounts for approximately 80% of total turnover, manages a network of over 70 gas stations specializing in commercial diesel and gasoline sales for industrial fleets. Its logistics division provides high-density services including container hauling, bulk cargo transport, chemical tanking, and warehousing, serving both the internal supply chain requirements of the Cheng Loong Group and a diverse portfolio of external industrial clients. SLC maintains a competitive edge through the vertical integration of fuel supply and fleet management, positioning itself as a specialized hybrid player against major rivals such as Kerry TJ Logistics, HCT Logistics, and National Petroleum (9937.TW). The company’s leadership is deeply integrated with the founding Cheng family of the Cheng Loong industrial conglomerate. As of March 2026, the executive team is led by Chairman Jen-Hao Cheng, an expert in international business management who oversees the company's strategic alignment within the broader group. Following a key leadership transition in February 2026, Lan-Hui Yu serves as the General Manager, having previously held the role of Vice Chairman, while Tsai-Hung Tseng continues as the Chief Executive Officer and official spokesperson. SLC is supported by a stable board of directors and major institutional shareholders, including Cheng Loong Corp (1904.TW), Shan Fa Co., Ltd., and Shan Fa Ying Zao, ensuring robust capital backing and operational synergies with Taiwan’s leading paper and packaging ecosystem.