YULON FINANCE Business Summary

Yulon Finance Corp (TAC) operates as a diversified financial services provider, primarily generating revenue through interest income from automotive loans, rental income from equipment leasing, and service fees from consumer financing. The company’s business model is structured across four primary segments: Automotive Finance, which services both new and used vehicle markets; Equipment Leasing, targeting small and medium-sized enterprises (SMEs); Consumer Finance, focusing on motorcycle and micro-loan products; and Green Energy Finance, a high-growth division managing solar power assets and EV charging infrastructure. As a core member of the Yulon Group, the company leverages a captive financing model for the Nissan, Mitsubishi, and Luxgen brands. Its primary competitors include Chailease Holding, Hotai Finance, and Far Eastern International Bank. While Chailease leads in total leasing volume and Hotai dominates the Toyota-affiliated market, Yulon Finance maintains a competitive edge through its deep integration with the Yulon Group’s manufacturing ecosystem and its aggressive expansion into sustainable energy assets. Originally established as part of the industrial legacy of Yulon Group founder Yen Ching-ling, the company is currently led by Chairperson Lilian Chen (Yen Chen Li-lien), who has been instrumental in the group’s digital transformation and pivot toward the 'mobility as a service' (MaaS) model. The executive leadership team is anchored by President Lin Chun-hsien, a seasoned financial executive with a background in risk management and strategic regional expansion across Mainland China and Southeast Asia. The board of directors is composed of high-level representatives from Yulon Motor and China Motor, ensuring strategic alignment with the parent group’s broader automotive and energy goals. Notable institutional backing includes significant holdings by major Taiwanese life insurance companies and international institutional investors, who value the company for its consistent dividend performance and its role as a stable pillar within the Taiwan Stock Exchange’s financial services sector.