FCD Business Summary

Feei Cherng Develop Technology Co., Ltd. (3313.TWO) operates a diversified business model primarily generating revenue through real estate development, bulk raw material trading, and livestock farming. The company’s primary business segments include Construction, which focuses on the development, rental, and sale of residential and commercial buildings; Building Materials Trading; and the Bulk Raw Material Business, which imports and distributes essential grains such as corn, soybeans, and wheat for the domestic feed industry. Feei Cherng has successfully transitioned from its 1982 origins as an electronic component distributor into a versatile industrial player. It competes directly with major Taiwanese firms such as Great Wall Enterprise Co., Ltd. (1210.TW) and Uni-President Enterprises Corp. (1216.TW) in the agricultural sector, and Founding Construction Development Corp (5533.TW) in the real estate market, positioning itself as a mid-cap specialist bridging the gap between agricultural supply chains and urban infrastructure. The company is led by Chairman Chang Yu-Ming, a prominent figure in the Taiwanese real estate sector who also serves as the Chairman of Sun Yad Construction and represents the majority shareholder, Mason Holdings Ltd. The current executive leadership includes General Manager Li Dong-Hong, who assumed the role in early 2025 following a strategic leadership transition; Li brings an extensive background in mechanical engineering and construction management from his tenure at Myson Century, Inc. and Ever-Clear Environmental Engineering. The board of directors is further strengthened by representatives from key institutional investors, including U-Best Innovative Technology Co., Ltd. and Myson Century, Inc., reflecting a stable governance structure focused on cross-industry integration and long-term capital appreciation in the Tainan and Kaohsiung regions.