TACHAN Business Summary

Tachan Securities Co., Ltd. (6020.TWO) is a Taiwan-based financial services firm that operates primarily through four core business segments: securities brokerage, proprietary trading, underwriting, and futures. The company generates revenue through a diversified mix of transaction-based commissions from domestic and foreign stock trading, interest income from margin lending and securities financing, and service fees from capital market advisory and IPO underwriting. Additionally, its proprietary trading division seeks capital appreciation and dividend income through the active management of equity, bond, and derivative portfolios. Within the competitive landscape of Taiwan’s mid-tier brokerage sector, Tachan competes directly with firms such as Concord Securities (6016.TW), Horizon Securities (6015.TW), and Grand Fortune Securities (6021.TW), positioning itself as a specialized, high-efficiency boutique provider focused on personalized wealth management and risk-adjusted proprietary returns. The company’s leadership is anchored by Chairman Yu-Ping Lee and General Manager (President) Chun-Lung Li, who also serves as a key director. Chun-Lung Li brings extensive industry pedigree to the role, having previously held senior leadership positions at MassMutual Securities and Taishin Securities, as well as serving as the head of Tachan’s investment banking department. The firm was founded in 1988 by Chu Mao-Lung, who remains a significant influence on the board and a major shareholder through Li-Hsin Investment. The board is further supported by experienced independent directors such as Jui-Te Yu and Chih-Lung Lin, ensuring a governance structure that balances the interests of its primary institutional backers, including Li-Hsin and Sheng-Wei Investment, with its public market obligations on the Taipei Exchange.