CJW Business Summary

CJW International Co., Ltd. (5301.TWO), formerly known as Cadac Electronic Co., Ltd., operates a diversified business model primarily centered on the design, processing, and retail of fine jewelry, including coral, jade, and diamond products. The company generates revenue through transactional sales at specialized tourism shopping stations, catering to foreign tour groups, and through its catering and air cargo logistics segments. As of early 2026, CJW is undergoing a strategic pivot to mitigate its historical reliance on cross-strait tourism by launching "Peigo," a patented line of frozen fruit smoothie cups distributed through domestic and international franchise channels. Its primary competitors in the Taiwanese luxury and tourist retail space include Chii Lih Coral, Ever Rich Jewelry, Luk Fook Jewellery, and the Lucoral & Lupearl Corporation, with CJW currently positioning itself as a transitioning player moving from traditional souvenir retail toward a broader consumer goods and health-oriented beverage platform. Following a significant leadership restructuring in mid-2025, the company is currently led by Chairman Huang Wu-Chi, who oversees the group's strategic transformation and corporate governance. The executive team includes General Manager Liang Zhe-Hua, who manages operational execution and the expansion of the new smoothie business, and Chief Financial Officer Chang Wei-Huan, who also serves as the company's primary spokesman. This new management tier replaced the long-standing leadership of former Chairman and CEO Ya Li Zhang, signaling a shift toward more disciplined financial management and cross-sector integration. The board remains seasoned, with an average tenure exceeding 13 years, and includes key directors such as Minglai Wang and Yu-Han Chen, who provide continuity during the firm's ongoing business model evolution.