TTMC Business Summary

ThinTech Materials Technology Co., Ltd. (TTMC) operates as a specialized manufacturer of high-purity thin-film sputtering targets and precious metal materials, primarily serving the semiconductor, flat-panel display (FPD), and renewable energy sectors. The company generates revenue through the production and sale of planar and rotary sputtering targets, as well as value-added services including target bonding, metal refining, and the distribution of gold and silver materials. Its business is divided into three primary segments: Sputtering Targets, which cater to TFT-LCD and semiconductor wafer packaging; Precious Metals, focused on refining and industrial sales; and Specialty Materials, which include alloys for 3D printing and decorative coatings. TTMC competes directly with Solar Applied Materials Technology Co., Ltd., Gudeng Precision Industrial Co., Ltd., and Wholetech System Hitech Ltd., positioning itself as a critical upstream supplier within the East Asian high-tech materials ecosystem, particularly for high-purity titanium and aluminum applications. TTMC is led by a management team with deep roots in Taiwan’s industrial and metallurgical sectors, many of whom possess a pedigree from the China Steel Corporation (CSC) group. Chairman Lee, Chien-Hui, holds an MS from National Sun Yat-sen University and previously served in executive roles at Chung Hung Steel and Dragon Steel Corporation. President Feng, Fu-An, who oversees operational strategy, brings extensive technical expertise from his tenure as a Project Deputy General Manager in the Technology Division of China Steel Corporation and holds a degree in Materials Engineering from National Cheng Kung University. The company’s governance is supported by major institutional investors, most notably GAINS Investment Corporation, which maintains a controlling stake of approximately 46.9%, and United Renewable Energy Co., Ltd., reflecting TTMC's strategic alignment with Taiwan’s broader industrial and energy policy.