SONG SHANG Business Summary

Song Shang Electronics Co., Ltd. (6156.TWO) is a specialized manufacturer and distributor of high-precision electronic components, primarily generating revenue through the production of printed circuit boards (PCBs) and magnetic components. The company’s business is structured into three core segments: PCBs (including double-sided and multilayer variants), magnetic components (transformers, coils, and inductors), and light-emitting diodes (LEDs). These products serve a diverse global clientele across the consumer electronics, automotive, industrial computing, and telecommunications sectors, with a significant market presence in Taiwan, Mainland China, and the Americas. Within the competitive landscape, Song Shang contends with major industry players such as Nan Ya Printed Circuit Board Corp. (8046), Taitien Electronics (8289), and APAC Opto Electronics (4908), positioning itself as a versatile mid-tier supplier focused on operational reliability and supply chain integration for complex electronic assemblies. Established in 1988 and formerly known as K-Bridge Electronics, the company is currently led by Chairman Pao Jen-Chih and General Manager (CEO) Chen Tien-Fu, who has been a director since August 2020 and oversees the firm’s strategic expansion into high-growth segments like automotive peripherals. The executive team is further supported by Chief Financial Officer and Spokesperson Hsu Wan-Hsin, who manages the company’s capital structure and investor relations. Song Shang’s governance is characterized by a highly experienced Board of Directors with an average tenure exceeding nine years, ensuring long-term institutional stability. While primarily closely held, the company maintains a public listing on the Taipei Exchange (TPEx) and employs over 2,100 personnel across its regional manufacturing hubs, maintaining a consistent track record of dividend distributions and financial resilience.