TAIWAN HON CHUAN ENTERPRISE Business Summary

Taiwan Hon Chuan Enterprise Ltd (9939.TW) operates a vertically integrated business model specializing in the manufacture and sale of beverage packaging materials and comprehensive original equipment manufacturer (OEM) filling services. The company generates revenue through the production of plastic and aluminum caps, polyethylene terephthalate (PET) bottles, preforms, and heat-shrinkable labels, alongside high-margin aseptic beverage filling and warehousing solutions. Its operations are strategically segmented into Domestic (Taiwan) and Foreign markets, with a significant manufacturing footprint across China, Southeast Asia, and Africa to serve multinational beverage giants. Within the competitive landscape, Hon Chuan maintains a dominant market position in Taiwan and a growing regional presence, competing directly with Ton Yi Industrial Corp (9907.TW), Great China Metal Ind. Co., Ltd. (9905.TW), and Yonyu Plastics Co., Ltd. (1323.TW) by leveraging its one-stop-shop service model and advanced automation technology. Founded in 1969 as Hon Chuan Metal Development, the company is currently led by Chairman Ya-Wen Cheng, a certified public accountant with an academic background from National Taiwan University and the University of Illinois, who previously served as the Group’s Vice President of Finance. The executive team is anchored by CEO and General Manager Hung-Yu Tsao, an economics graduate from York University, and Executive Vice President Yun-Chang Liu, who holds an EMBA from Beijing University and has been recognized with the Outstanding Food Entrepreneur Award. Technical innovation is directed by Chien-Hsia Tsao, Senior Assistant Vice President of the R&D Technical Department. The company’s board includes notable independent directors such as former legislator Chao-Nan Hung and former Changhua County Mayor Po-yuan Cho. Significant institutional backing is provided by major shareholders including Fubon Life Insurance Co., Ltd., Chunghwa Post, and the Yuanta Taiwan High Dividend Low Volatility ETF.