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AEC Investor Presentation 2021
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Allis Electric Co., Ltd. ?Public (explanatory) Meeting
Reporter：James Jan 詹益源
(Diector Finance Div.)
Date：Nov. 16th , 2021
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Disclaimer
This document and any verbal presentation accompanying it includes prediction of financial, market demand and products sales. Any prediction stated in this presentation may vary from the actual operating results and financial conditions due to significant contingencies or other unknown factors that AEC has no way to control. The prediction and ongoing statements has made by AEC are reflecting current conditions. AEC shall not be held liable for updating or modifying this presentation and accompanying information.
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Notes:
Agenda
1、Company Overview ………….. 4.
2、Corporate Philosophy ………….10.
3、Products …….…….11.
4、Market Demand ….....……17.
5、Corporate Strength .....………18.
6、Key Customer Reference ….………19.
7、Research & Development …..………20.
8、Ongoing Market Strategy .…………32.
9、General Operating Status .…………33.
10、Future Market Plan ….………35.
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1、Company Overview
Established on Sep.1968 (53years)
Headquarter : Taipei Nankang Software Park
Listed in TWSE since 1994
TWSE Code：1514
Paid-in Capital : NTD 2 Billion and 280 Million
Number of Employee
:600
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Company Overview
Factories & Products:
Hsinchuang, Taiwan
Telecom Equipment
3-Phase Uninterruptible Power Supply Systems
PV Inverter
Batter Charger of Railway& EV Charger of Bus
Smart Grid Transmission & Distribution ? Apparatus(Ι)
Yangmei, Taiwan
Switchgear(High/Low Voltage, MCC,GIS)
Transformer(Oil-immersed, Cast resin, Amorphous core)
Smart Grid Transmission & Distribution Apparatus(П)
Xizhi, Taiwan (ARES Technology)
Single-Phase Uninterruptible
Power Supply
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Company Overview
Oversea / Strategic Partner :
AEC International S.r.l.(Europe)
Impact Power, Inc.(North America)
PT. Sintra (Indonesia and Southeast Asia)
PHD Powerhouse(South Africa)
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Company Overview
Local Subsidiaries & Affiliates
Allis Communication
ARES Technology
Air King Industrial
Nissin-Allis Union
Ion Equipment
Li-Min Industrial
Nissin-Allis Electric
Taiwan Marine Electric
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Tangeng Advanced Vehicles
Company Overview
-Investment (domestic)
Company Business Scope Capital Shareholding %
Tangeng Advanced Electric Bus NTD56 million 14.5 % ? Vehicles Co.,Ltd
Allis GPS NTD100 million 76.9%
Communications
Ares Technology UPS NTD68 million 100%
Air King Industrial Engineering Project NTD49.5 million 83.1 %
Nissin-Allis Electric GIS NTD300 million 30.0 %
Nissin-Allis Union Sales and Maintenance NTD100 million 40.0 %
Ion Equipment of the Ion Implanter and
Related Equipments
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Company Overview
-investment (oversea)
Company Business Scope Capital Shareholding %
AYM(Guam) Electrical Engineering US$1,000 40.0%
Hengyuan Electrical Switchgear US$ 800 100.0%
Allis Electric
(China)
Qingdao Liming Telecom Equipment US$2,600 65.4%
Industry (China) Electrical Apparatus
PHD(South Africa) Sales of UPS US$670 90.0%
AEC International (Italy) Sales of UPS EUR€300 100.0%
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( In Thousands Of US Dolla rs)
2、corporate PHILOSOPHY
Harmony
AEC is committed to providing quality products and excellent service to satisfy all its customers and pursue harmony between it employees, customer and the society.
Innovation
AEC keeps improving ideas, products, techniques, processes, management and services for continued growth.
Responsibility
AEC responds to the quality of work, life, and society and share the success with our customers, employees, and society.
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3、Product portfolio
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Product introduction-A.switchgear
High/Low voltage switchgear
Motor control centers(MCC)
SF6 Gas-insulated switchgear(GIS)
High-voltage metal-enclosed
switchgear and controlgear
HV/LV MCC GIS
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Product introduction-B.tRANSFORMER
Cast resin transformer
Amorphous core transformer
Oil-immersed transformer
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Product introduction-C. t&d aPPARATUS
SF6 Pole-mounted load break switch 24kV 630A 12.5kA (I.C.) maximum value
4-way – SF6 Pad-mounted load break switch
2-way - SF6Pad-mounted load break switch
Oil switch(single phase) 14.4kV 200A
Vacuum Switch
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Product introduction
-D.Power electronics product
Switch mode rectifier(SMR)
Uninterruptible power supply(UPS)
EV Charger(Charger for Electric vehicle)
Battery Charger for Railway
Photovoltaic Inverter(PV Inverter)
Energy Storage System
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Product introduction
-E. electrical engineering
Rail Industrial：Taiwan High Speed Rail、Taiwan railway、MRT 、Light Rail Transit
Green Energy System
UPS commissioning
SCADA & Other electrical engineering
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4、Market demand
Electrical Market Demand
Telecommunication Market Demand
High-tech industries : Semiconductors、 Optoelectronics、Petrochemicals、Steel、?Public engineering, etc..
Rail Industrial：
（Taiwan railway、MRT、Taiwan High Speed Rail、Light railway related equipment and engineering）
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5、Corporate strength
Over 50 years of accumulated experience which established the professional expertise and solid reputation.
Offering professional＜Customized＞service
Faultless production and system integration capability
Reputation from customer and support
Autonomous technology and research & development capability
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- Key customers reference
Public sectors:
Taiwan Power Company
Taoyuan International Airport
Taiwan High Speed Rail(THSR)
Taiwan Railways Administration(TRA)/MRT
High Technology Industry & Heavy industry:
TSMC
UMC
China Steel Corp.
Chinese Petroleum Corp.
Communication:
Chunghwa Telecom
Taiwan Mobile/Taiwan Fixed Network
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- research & development
Turn to sales
Leading by succeed development by Automation of power distribution product series has generated overall NT$1billion orders with following items
Item
Automation of power distribution underground 4-way Pad Mounted Automatic Load Break Switch(2B2S)
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- research & development
Item
Automation of power distribution underground 2-way Pad Mounted Automatic Load Break Switch(2B2S)
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Technology & development
Item
3) Pole-Mounted load break switch GP
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Research & development
Item
4) pad-mounted switch manual 4-way earthed type
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Research & development
Item
5) pad-mounted switch manual 2-way earthed type
Turn to sales
It is potential to export south east Asian markets and has already penetrated
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research & development
Item
6) PV Inverter
Turn to sales
Our government is pushing the solar power policy with target of establishing 20GW by 2025，which will increase of our annual turnover by adding about hundred million NTD and with gradual growing every year.
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research & development
Allis is the leading pioneer in Taiwan railway industry (TRA, High Speed rail, MRT and Light rail) infrastructures in government prospective plan.
Item
7) TRA’s signal control &
monitoring system
Turn to sales
With years’ cooperation with Japanese Nippon Signal Co., Ltd., we get the orders from TRA valued NTD900 million, and have accomplished TRA Southern Loop project.
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research & development
Item
8) O.C.S.cantilever supporting
devices & installion
contruction for rail
Turn to sales
In recent years, orders of more than 3billion NTD have been obtained from TRA & New Taipei City’s MRT, and have our rail system building/ contracting capability well established. (high speed rail,TRA, light rail, etc.)
The projects under the process of construction include TRA& Anken light rail O.C.S. systems.
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research & development
Item
9) Telecom. switching control room/communication base station DC high frequency power source switch
Turn to sales
Promoting aggressively to 5G/6G markets.
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research & development
Item
10) Charging devices for
electrified bus
Turn to sales
The government has announced its target of full-scale electrification on urban buses by 2030, which creates a demand of fifteen thousand of electrified buses.
Our company has cooperated /jointed venture with Tangeng Advanced Vehicles Co., Ltd., and established in Taoyuan, Taichung, Tainan, Chinmen,etc. Per Tangeng’s estimation, the demand of electrified buses in the coming 10 years will be greatly increased, which will also drive up the demand of charging and energy saving facilities.
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research & development
11) Smart Grid：Feeder Automation、SCADA System
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8、ongoing market strategy
-Steady growth development plan
Continue to increase own technology and added value to meet global intelligentize trend
Intelligentize、Energy Saving
Integrating SCADA with electrical product
HV Product
PV Inverter & System
Substation for Off-shore Wind system
Railway Signal、Station equipment
OCS
Energy Storage System
Railway Vehicle / Charging equip for Electrical bus
Following Government policy on investing green energy and railway vehicle infrastructure
Renewable & Railway Industry
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9、general operational status?-consolidated revenue movement in past 5 years
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Thousands in NTD$
General operational status
-Net income
[unsupported chart]
EPS 0.58 1.09 1.44 1.51 1.26
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Thousands in NTD$
10、future market plan
-market opportunity
Business opportunity in Railway infrastructure：
In order to boost the domestic economy and improve the electrification of the round-the-island railway, the Executive Yuan plans to invest in the Taiwan Railway for NTD$200 billion over ten years. The company's charging equipment for rail vehicles and OCS, CTC and signal control also to be “newly implemented” or "massive replacement" In the light rail sector, the company will continue to strengthen the market development of light rail for OCS and rectifier transformers, AC and DC switchboards and other products.
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10、future market plan
-market opportunity(conti.)
Business opportunity in semi-conductor factory：
In recent years, it has had excellent performances in semiconductor factories such as Hsinshu Science Park, Tainan Science-based Industrial Park and China. At present, well-known semiconductor manufacturers in China still have plans to expand their factories. It is expected that the following cases will still be able to be worked under the company's efforts. Outstanding performance.
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10、future market plan
-market opportunity(conti.)
PV INVERTER：
In line with the government policy, new products with a capacity of 30~60kW or more have been developed successively, and domestic and foreign customers have been arranged, and there are also great demands in emerging developing countries. The company has established the Green Energy Division, which combines production, sales and research, and has achieved significant growth.
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10、future market plan
-market opportunity(conti.)
Switch Mode Rectifier (SMR)：
High-efficiency new models have been completed, which has met the needs of telecom operators 5G and future 6G communication power systems.
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10、future market plan
-market opportunity(conti.)
Charging equip for E-Bus：
In the next 10 years, there will be about 15,000 electric buses inside Taiwan. With the cooperation of Tangeng Advance Vehicle Co., Ltd, the company has started to build DC charging piles on the outlying islands and the island. In the future, it will cater to the demand for DC charging facilities for electric buses and continue to expand the market.
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10、future market plan
-market opportunity(conti.)
Energy storage equipment：
The energy storage equipment is equipped with Lithium battery and incorporated with HV & LV equipment as energy storage system, which can achieve the purpose of peaking and filling the valley energy management and stabilize the function of the solar photovoltaic system. The future has great development potential.
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10、future market plan
-market opportunity(conti.)
Oversea market opportunity：
In addition to strengthening the existing foreign distribution system (Europe, Europe, Southeast Asia, South Africa countries)?In line with the government's southward policy, it will rise to emerging markets such as Southeast Asia.?The infrastructure needs are strong. The company will grow its experience and products and technologies with competitive advantages, such as power switchgear, molded transformers, solar photovoltaic inverters/storage equipment, electric bus/rail vehicle chargers... And system integration technology, through the local distribution agent or strategic alliance to quickly transfer to create greater business opportunities
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Thank you for your attention
James Jan (Diector Finance Div.)
E-mail: [email protected]
Tel: (02)2655-3456 #2640
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