CTCI Business Summary

CTCI Corp (9933.TW) is Taiwan’s largest engineering, procurement, and construction (EPC) firm, operating primarily through a turnkey service model where it generates revenue by delivering end-to-end industrial projects. The company’s primary business segments include Hydrocarbon (refining and petrochemicals), Power (gas-fired and nuclear generation), Environmental (waste-to-energy and water treatment), and Advanced Technology Facilities, which serves the semiconductor and data center industries. As of early 2026, CTCI maintains a dominant market position in Taiwan while expanding its global footprint across Asia, the Middle East, and the Americas. It competes directly with international EPC giants such as Chiyoda Corporation, Samsung Engineering, and Hyundai Engineering, distinguishing itself through a high-density "Most Reliable" brand strategy and a specialized focus on liquid-to-chemical and decarbonized power generation projects. CTCI was established in 1979 as a corporate spin-off from the China Technical Consultants (now the CTCI Foundation) to spearhead international engineering ventures. The leadership team is led by Group Chairman John T. Yu, a Harvard Business School alumnus who joined the firm at its founding and has been instrumental in its global expansion over four decades. Current executive operations are managed by Chairman Michael Yang, who has held various leadership roles since 1991, and President Ming-Shyan Lee, who assumed the role in May 2023 following his tenure as head of the Infrastructure, Environment & Power business. The company’s board of directors features prominent industry figures including Quintin Wu (Chairman of USI Corporation) and Johnny Shih (Far Eastern Group), while major institutional backing is provided by the CTCI Foundation, Yuanta Securities, and global asset managers such as Vanguard and BlackRock.