HI SHARP Business Summary

Hi Sharp Intelligence Technology Co., Ltd. (3128.TWO), formerly known as Hi Sharp Electronics, operates as a specialized manufacturer and provider of electronic surveillance and automotive imaging solutions. The company generates revenue through a mix of branded product sales and high-volume Electronics Manufacturing Services (EMS), including Original Equipment Manufacturing (OEM) and Joint Design Manufacturing (JDM) for global security brands. Its primary business segments are divided into Intelligent Surveillance Systems—comprising AI-powered IP cameras, Digital Video Recorders (DVRs), and Network Video Recorders (NVRs)—and Automotive Imaging Systems, which focus on heavy-duty vehicle reversing monitors and safety sensors. As of 2026, the company is aggressively pivoting toward an AIoT-centric model, integrating edge computing and cloud-based video management into its hardware stack. Within the Taiwanese market, Hi Sharp maintains a mid-tier position, competing directly with local peers such as Vivotek, GeoVision, and Hunt Electronic. While recognized for its long-term presence in the "Security 50" rankings, the company has recently faced significant market scrutiny and legal challenges regarding the country-of-origin labeling for its "Made in Taiwan" (MIT) government procurement projects. The leadership team is anchored by Chairman Tiangui (Jerry) Jiang, a veteran of the surveillance industry who has led the company for over three decades and remains the largest individual shareholder with a 13.7% stake. Under his direction, the executive suite includes General Manager and CEO Zheyan Xiao, who oversees the firm's strategic expansion into international EMS contracts, and Ji-Feng Lu, the Director of Research and Development, who serves as the de facto CTO driving the transition to AI-integrated security protocols. The board is further supported by Kanghua Jiang and significant institutional backing from Wansheng Investment Co., Ltd. Despite the leadership's deep industry pedigree, the team is currently navigating a complex regulatory environment following a 2025 investigation by the Ministry of Justice into the company's supply chain integrity. This executive group is focused on restoring brand trust through enhanced transparency in its domestic manufacturing processes while leveraging its partnership with the Taiwan Security Association to maintain its footprint in critical infrastructure and public transportation sectors.