ABLEREX Business Summary

Ablerex Electronics Co., Ltd. (3628.TWO) is a specialized manufacturer and distributor of power conversion and power quality solutions, primarily generating revenue through the sale of Uninterruptible Power Supply (UPS) systems, Active Power Filters (APF), Photovoltaic (PV) inverters, and Battery Monitoring Systems (BMS). The company operates a dual-track business model, marketing its own "Ablerex" brand while serving as a high-tier Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM) for global power electronics leaders. Its primary business segments are categorized by application, including Data Centers, Industrial Automation, Telecommunications, and Renewable Energy. In the competitive landscape, Ablerex contends with global giants such as Delta Electronics, Schneider Electric, and Emerson Electric, as well as component-focused peers like MEAN WELL. Ablerex distinguishes itself as a niche leader in power quality correction and was a pioneer in developing APF technology in Asia, positioning it as a critical mid-market provider of high-efficiency power stability solutions. The company’s leadership is anchored by Chairman Wen Hsu, who founded PEC Technology in 1994 (the precursor to the current entity) and possesses extensive expertise in electronic engineering and industrial management. The executive team is led by President and CEO Min Chou Huang, who assumed the role in September 2022 to drive operational efficiency and global market expansion. Supporting the strategic direction is Vice-Chairman and Chief Strategy Officer Yu-An (Y.A.) Chen, alongside Corporate Governance Officer Damon Chao. The Board of Directors features notable industry figures, including Independent Directors Y.J. Ding, a veteran of Fubon Securities and IBF Financial Holdings, and Yuan-Liang Su, formerly of LITE-ON Technology and General Energy Solutions. United Integrated Services (UIS) remains a significant corporate stakeholder, maintaining representation on the board to align Ablerex’s power solutions with large-scale industrial infrastructure projects.