concords Business Summary

Concord Securities Co., Ltd. (6016.TWO) is a Taiwan-based integrated financial services firm that generates revenue through brokerage commissions, interest income from margin financing, underwriting fees, and proprietary trading gains. The company operates across six primary business segments: Brokerage, Proprietary Trading, Underwriting, Bond Trading, Wealth Management, and New Financial Commodities (including warrants and structured notes). As a prominent mid-sized player in the Taiwan capital markets, Concord distinguishes itself through an aggressive digital transformation strategy and a focus on "inclusive finance" to attract younger demographics. It maintains a strategic competitive advantage by facilitating cross-border investment opportunities, particularly targeting the Vietnamese market to assist Taiwanese manufacturers with IPOs and capital raising. Its primary direct competitors include President Securities (2855), Capital Securities (6005), and Good Finance Securities (6021), against whom it positions itself as an agile, innovation-led alternative to larger, bank-affiliated financial holding groups. The company is currently led by Chairman Cheng Tai-Yu (鄭大宇) and President (CEO) Chen Chih-Hao (陳志豪). Chairman Cheng, who transitioned from the Vice Chairman role, has been the primary architect of the firm’s modernization, focusing on rebranding Concord as a tech-forward, "good-feeling" brokerage. President Chen Chih-Hao, who assumed leadership in 2024, brings an extensive background in global technology trends and AI integration, steering the firm’s efforts to adapt to evolving fintech regulations and digital asset opportunities. The company was founded in 1990 and is supported by a board that includes representatives from major institutional stakeholders such as Taixin Investment Co., Ltd. The leadership team is further bolstered by specialized executives in risk management and information security, reflecting the firm’s commitment to institutional-grade governance and stability.