Company information
- Ticker
- 4401
- Country
- Taiwan
- Sector
- Consumer Discretionary
- Industry
- Textiles & Apparels
TLTM Business Summary
Toung Loong Textile Mfg. Co., Ltd. (TLTM) operates a transactional manufacturing business model, generating revenue through the production and global distribution of specialized functional yarns and high-end sewing threads. The company’s primary business segments include the manufacturing of air-textured yarns (ATY), draw-textured yarns (DTY), and sewing threads specifically designed for zippers, apparel, and industrial applications. Additionally, TLTM maintains a secondary revenue stream through the import and export trading of timber logs. The company distinguishes itself in the market as a high-precision specialist in functional synthetic fibers, catering to premium global apparel brands. Its primary direct competitors include Nan Ya Plastics Corp., Formosa Taffeta Co., Ltd., Li Peng Enterprise Co., Ltd., and De Licacy Industrial Co., Ltd., against whom TLTM competes by focusing on niche, high-margin functional applications rather than mass-market commodity textiles. Founded in 1960 and headquartered in New Taipei City, TLTM is led by a long-standing executive team with deep roots in the Taiwanese textile industry. Chih-Chen Yu serves as the Chairman of the Board, a role he has held since 2018, while Rong-Lih Yu has served as the company’s President and Director since 2007, overseeing its transition into an international functional yarn leader. The leadership team is supported by a board that includes recently appointed members Tai-Hsing Chen and Jung-Chun Yu, who joined as Directors in 2025, alongside Independent Director Hung-Tai Cheng. The company’s governance structure is characterized by stable family-led stewardship combined with professional oversight from independent directors such as Yu-De Ma and Tai-Feng Huang, ensuring a balance between traditional manufacturing expertise and modern corporate transparency.