Fusheng Precision Co Business Summary

Fusheng Precision Co Ltd (6670.TW) operates as a premier Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM), generating the vast majority of its revenue through the high-precision casting and assembly of golf club heads, carbon fiber shafts, and complete club sets for global Tier-1 brands. The company’s business is primarily divided into its dominant Golf Business Segment and its Sports Equipment division—which includes baseball bats and protective gear—alongside a growing Aerospace and Industrial Precision Parts segment that leverages investment casting for high-performance components. By integrating advanced material science, such as metal 3D printing and carbon fiber prepreg, into its manufacturing process, Fusheng maintains a competitive edge in technical complexity and production scale. Within the global market, Fusheng holds a leading position as the world's largest golf club head manufacturer, consistently outperforming direct competitors like Advanced International Multitech (8938.TW), O-TA Precision Industry (8924.TW), and Dynamic Precision Industry (8941.TW) through its superior R&D capabilities and deeply entrenched supply chain partnerships. The leadership team is anchored by Chairman Liang-Chen Lee (L.C. Lee), who represents the second generation of the founding family—following the legacy of founder Lee Hou-peng—and has been a pivotal figure within the broader Fusheng Group since 1992. Chief Executive Officer Roger Chiang (Ching-Sheng Chiang), appointed in 2010, brings over 15 years of executive experience to the firm, overseeing a seasoned management team with an average tenure exceeding a decade. Technical innovation is led by Chief R&D Officer Tuan Kuei Chang, while financial strategy is managed by Chief Financial Officer Eric Hsu (Ting-Yi Hsu). The board of directors is characterized by high stability and includes notable independent directors such as Wei-Chi Liu and Chi-Tzu Kao, ensuring rigorous corporate governance. Significant ownership remains concentrated with the founding Lee family, providing long-term strategic continuity that appeals to a broad base of institutional investors.