LUNG PIEN Business Summary

Lung Pien Vacuum Industry Co., Ltd. generates revenue primarily through the design, manufacture, and sale of high-precision vacuum coating equipment, supplemented by recurring income from maintenance services, technical consulting, and the sale of consumables. The company’s business is segmented into optical coating systems—serving the smartphone, automotive, and camera lens industries—and decorative/functional coating systems for consumer electronics and industrial applications. Lung Pien operates as a critical upstream provider in the optical supply chain, leveraging its proprietary vacuum evaporation and sputtering technologies to deliver high-throughput manufacturing solutions. Its primary competitors include Japan’s Shincron and Optorun, as well as Germany’s Buhler Leybold Optics. Within this landscape, Lung Pien distinguishes itself as a cost-efficient, high-performance alternative to Japanese and European incumbents, maintaining a dominant market share among Taiwanese and Chinese optical component manufacturers. The company is led by Chairman and founder Yang Shun-Chih, who established Lung Pien in 1991 with a focus on localized vacuum technology innovation. The executive team is rounded out by General Manager Yang Chun-Chieh, who oversees global operations and R&D integration, bringing extensive experience in precision mechanical engineering and international market expansion. The leadership team is recognized for transitioning the firm from a regional equipment supplier to a publicly traded technology leader on the TPEx. The Board of Directors includes seasoned industry veterans with backgrounds in materials science and corporate finance, ensuring a balance of technical excellence and fiscal discipline. While the company remains closely managed by its founding family, it has attracted institutional interest from Taiwanese investment funds focused on the semiconductor and optical hardware sectors.