TEX YEAR Business Summary

Tex Year Industries Inc. (4720.TW) is a premier specialty chemicals manufacturer that generates approximately 74% of its revenue from the production and global distribution of hot melt adhesives (HMA). The company’s business model is structured around three primary segments: Adhesives (including EVA, polyolefin, and pressure-sensitive types), Specialty Chemicals (UV-curing adhesives and conformal coatings for AI servers and EVs), and Medical/Environmental Equipment (steam autoclaves and filtration media). Central to its current growth is the "Green Platform Strategy" (GPS), which focuses on bio-based and compostable bonding solutions for the packaging, automotive, and electronics sectors. As Taiwan’s largest HMA manufacturer, Tex Year competes directly with global leaders such as Henkel and H.B. Fuller, as well as regional powerhouses like Nan Pao Resins and 3M. The company distinguishes itself through high-end customization and a strategic pivot toward high-growth niches, specifically PCBA-specific coatings for AI infrastructure and materials for the electric vehicle supply chain. The company is led by Chairman and CEO Donald Hsiao (Hsiang-Chih Hsiao), a Columbia Business School MBA and National Tsing Hua University chemistry alumnus who has been instrumental in the firm’s transition toward sustainable and high-tech materials. Originally founded in 1976 by Shih-Kuang Lue and Chin-Tsung Hsiao, the current leadership team includes Chief Technology Officer John Yeh, who oversees R&D in polymer science, and Chief Corporate Governance Officer Linda Yao. The executive suite is supported by a seasoned Board of Directors featuring strategic representation from major investors such as Adhesive Technologies, Inc. (led by Peter Sterling Melendy) and Tex Yuan Investment Co., Ltd. This leadership core manages a global manufacturing footprint across Taiwan, China, Vietnam, India, and Poland, ensuring a robust supply chain for a diverse industrial client base spanning over 100 countries.