SEA&LAND Business Summary

Sea & Land Integrated Corp. (5603.TWO) is a Taiwan-based logistics and heavy-lift engineering specialist that generates revenue through project-based contracts, transportation service fees, and warehousing leases. The company’s primary business segments include Heavy Lifting and Transportation—specializing in oversized cargo for the energy and petrochemical sectors—Container Logistics, and Warehousing Services, which provides bonded and empty container storage. Strategically, the firm has pivoted toward the renewable energy sector, providing critical land-to-sea logistics for Taiwan's offshore wind farm developments. Its primary direct competitors include Evergreen International Storage & Transport Corp. (2607.TW), Tze Shin International Co Ltd. (2611.TW), and Taiwan Pelican Express Co Ltd. (2642.TW). Within this competitive landscape, Sea & Land occupies a high-barrier niche as a leader in "super-heavy" logistics, distinguishing itself from general freight forwarders through its specialized fleet of multi-axle trailers and heavy-duty cranes. The company is led by Chairman and General Manager Huang Chi-Yuan, who has been instrumental in transitioning the firm from a traditional trucking operation into a sophisticated engineering logistics partner. The leadership team, which includes key operational executives such as Vice General Manager Huang Sheng-Hui, focuses on technical precision and safety standards required for high-stakes infrastructure projects. The company’s governance is characterized by strong family stewardship and institutional backing, with major shareholders including Tim Show Co., Ltd., Taiying Investment Co., Ltd., and Lifeng Transportation Enterprise Co., Ltd. These entities, alongside international institutional investors like BNP Paribas SA and Dimensional Fund Advisors, provide a stable capital base that supports the company’s long-term investments in specialized equipment and its strategic alignment with Taiwan’s national green energy goals.