CHUNG HUNG — Annual Report 2018

Mar 25, 2019

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中鴻鋼鐵股份有限公司 CHUNG HUNG STEEL CORPORATIION

2019.03.28

股票代碼 : Stock Code : 2014

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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目	錄 Table of Contents
• 公司簡介	Company Overview	1
• 銷售分析	Sales Analysis	10
• 財務概況	Financial Review	14
• 策 略	Strategy	15
• 未來展望	Prospects	16
中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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公司簡介 Company Overview

中鴻鋼鐵股份有限公司（原名燁隆企業股份有限公司， 2004 年 7 月 14 日正式更 名，以下簡稱中鴻）成立於 1983 年 9 月，基於國內鋼鐵上下游整合，中鴻於 1999 年底與中鋼公司策略聯盟， 2000 年正式成為中鋼集團一員。

Chung Hung Steel Corporation (originally named Yieh Loong Enterprise Co., Ltd., was renamed on July 14th, 2004, known as “CHSC” for short) was established in September 1983. For observing the integration of upstream and downstream steel companies in Taiwan, CHSC formed a strategic alliance with CSC at the end of 1999, and officially became a member of the CSC Group in 2000.

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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公司簡介 Company Overview

中鴻主要產品有熱軋鋼捲、酸洗塗油鋼捲、酸洗退火球化鋼捲、冷軋全硬鋼捲 、冷軋調質鋼捲、鍍鋅鋼捲、碳鋼鋼管 (CNS/JIS/ASTM) 、鍍鋅鋼管、 PE 包覆 鋼管、 API 輸油管、 API 油井套 ( 導 ) 管。產品銷售以供應國內為優先，產品廣泛 運用在五金、建材、汽車、家電、運動器材、鋼製傢俱等眾多產業。

CHSC's main carbon products include hot-rolled steel coils, pickled & spheroidized annealed steel coils, cold-rolled full hard steel coils, cold-rolled tempered steel coils, galvanized steel coils, carbon steel pipes ( CNS/ JIS/ ASTM), galvanized steel pipes, PE-coated steel pipes, API oil pipelines and API pipes for casing and tubing. The products are widely used to manufacture hardware, building materials, cars, household electric appliances, sport equipment, steel furniture and so on. They are primarily prioritized for domestic sales.

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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公司簡介 Company Overview

中鴻有五個生產廠區，其中熱軋廠（年產能 240 萬公噸）、冷軋廠（年產能 45 萬 公噸）、鋼管廠大發廠區（年產能 4.8 萬公噸）及酸鍍廠（酸洗線年產能 60 萬公 噸、鍍鋅線年產能 30 萬公噸）四個廠區皆位於高雄市；另 2012 年於彰化縣彰濱 工業區（鹿港區）新建一座年產能 20 萬公噸鋼管廠，設置 2~4 英吋及 4~14 英吋製 管產線，主要生產高附加價值石油相關用管，銷售於國際石油氣鋼管市場。 CHSC has had five factories so far, four of which are located in Kaohsiung City, Taiwan. They are the hot-rolled coil factory with the annual capacity of 2.4 million metric tons, the cold-rolled coil factory with the annual capacity of 450,000 metric tons, the steel pipe factory with the annual capacity of 48,000 metric tons, the pickling and galvanizing factory with the annual capacity of 600,000 metric tons from the pickling line and 300,000 metric tons from the galvanizing line and the new ERW steel pipe factory, established in 2012, located in the Chang Hua Coastal Industrial Park in Lukang, Chang Hua County, Taiwan. With 2~4 inch and 4~14 inch pipe forming lines, the factory primarily manufactures high value added pipes used in the oil industry for the international oil and gas tubular market.

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中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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公司簡介 Company Overview

以市場需求為導向，發揮靈活彈性特長，持續提升產品附加價值及開發利基產 品，追求穩健獲利，一向是中鴻的經營策略及目標，為追求永續發展、強化內 部管理及客戶服務，本公司積極取得外部相關驗證，各廠已通過品質、環保、 、 、 、 、 能源及職安衛之 ISO 9001 ISO 14001 ISO 50001 OHSAS 18001 TOSHMS 等 各項管理系統驗證，另為消除國家貿易障礙，各產品已取得 JIS MARK 認證，熱 軋產品已通過印尼 SNI 、馬來西亞 SIRIM 、泰國 TIS 及新加坡 FPC 認證。

With a market-oriented, demand-conscious, and flexible view, CHSC always aims to optimize the added values of its products, develop niche products, and stably make profits. To pursue its sustainable development and to enhance its internal management as well as customer services, CHSC has aggressively obtained external certification, such as ISO 9001, ISO 14001, ISO 50001, OHSAS 18001, and TOSHMS. To eliminate the obstacles in international trade, it has also obtained the JIS MARK certificate for all of its products and the SNI (Indonesia), SIRIM (Malaysia), TIS (Thailand), and FPC (Singapore) certificates for its hot-rolled products.

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中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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產製流程

熱軋鋼捲 Hot Rolled Coil

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冷軋鋼捲 Cold Rolled Coil

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產製流程

鋼管 Steel Pipe & Tube

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產製流程

酸洗鍍鋅 Pickling & Galvanizing

鍍鋅後冷卻區

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水淬槽
烘乾器
還原式加熱爐
微细鋅花設備
出口積料台車
鹼洗段及清洗槽 酸洗槽
X射線鍍層厚度偵測器
入口剪切機
焊接機 檢驗台
出口剪切機
張力整平機 化學皮膜處理 出口鋼捲盤捲機
入口積料臺車 鍍鋅槽
入口鋼捲解捲機
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獲獎事蹟

Awards and Honours

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2019 年 2 月中鴻參與脫貧自立計畫達 15 年獲頒感謝狀

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	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis
	2018年~12月
	排名 Ranks	銷售國家 Country	銷售金額(百萬元) Amount(NTDmillion)	銷售量(噸) Volume(MT)	外銷比率(金額) Export ratio
	1	美國America	4,436	166,246	19%
	2	巴基斯坦Pakistan	3,240	183,437	14%
	3	越南Vietnam	2,968	158,639	13%
	4	馬來西亞Malaysia	2,784	150,249	12%
	5	菲律賓Philippines	1,540	78,467	7%
	6	韓國Korea	1,494	84,901	6%
	7	西班牙Spain	1,007	54,611	4%
	8	孟加拉Bangladesh	931	50,266	4%
	9	比利時Belgium	682	33,560	3%
	10	義大利Italy	616	31,557	3%
	11	其他Others	3,453	177,053	15%
	合計Total		23,151	1,168,986	100%

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	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis	銷售分析外銷分析Export Sales Analysis
	2019年1~2月
	排名	銷售國家	銷售金額(百萬元)	銷售量(噸)	外銷比率(金額)
	Ranks	Country	Amount(NTD million)	Volume(MT)	Export ratio
	1	巴基斯坦Pakistan	967	62,135	24%
	2	美國America	831	29,620	21%
	3	馬來西亞Malaysia	431	25,876	11%
	4	韓國Korea	329	20,217	8%
	5	孟加拉Bangladesh	286	17,877	7%
	6	菲律賓Philippines	186	10,395	5%
	7	比利時Belgium	179	9,721	5%
	8	肯亞Kenya	156	8,723	4%
	9	越南Vietnam	137	8,437	3%
	10	西班牙Spain	134	8,250	3%
	11	其他Others	336	17,335	9%
	合計Total		3,972	218,586	100%

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銷售分析外銷分析 Export Sales Analysis
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2018 年 1~12 月外銷銷售量達 117 萬公噸 2019 年 1~2 月外銷銷售量達 22 萬公噸 2018.1~12 Export sales volume totaled 2019.1~2 Export sales volume totaled 1.17million metric tons 0.22million metric tons

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Production and Sale Statistics 產銷量值表

單位：新台幣千元、公噸 Unit ： NTD Thousands、MT

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期間 period 2019.1~2 2018.1~12
產能 產量 產值 產能 產量 產值
產品 Products
Capacity Output Amount Capacity Output Amount
熱軋鋼捲 Hot Rolled coil 2,400,000 376,669 5,923,041 2,400,000 2,252,510 35,756,817
冷軋鋼捲 Cold Rolled coil 450,000 48,643 992,667 450,000 399,776 7,999,733
鋼管 Steel Pipe 248,000 29,971 651,997 248,000 174,007 3,783,018
鍍鋅鋼捲 Galvanized Steel Coil 300,000 - - 300,000 28,554 458,765
合計 Total 3,398,000 455,283 7,567,705 3,398,000 2,854,847 47,998,333
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期間 period	2019.1~2	2019.1~2	2019.1~2	2019.1~2	2018.1~12	2018.1~12	2018.1~12	2018.1~12
內/外銷Domestic / Export	內銷Domestic		外銷Export		內銷Domestic		外銷Export
產品Products	量 Quantity	值 Amount	量 Quantity	值 Amount	量 Quantity	值 Amount	量 Quantity	值 Amount
熱軋鋼捲Hot Rolled Coil	129,956	2,158,409	172,802	2,805,225	933,371	16,653,149	846,402	15,415,346
冷軋鋼捲Cold Rolled Coil	49,489	913,374	15,334	317,269	273,242	5,525,906	140,825	2,982,111
鋼管Steel Pipe	1,231	26,260	27,257	777,431	11,035	271,607	157,525	4,229,366
鍍鋅鋼捲Galvanized Steel Coil	14,284	285,204	3,193	71,955	90,872	1,957,611	24,235	523,952
合計Total	194,960	3,383,247	218,586	3,971,880	1,308,519	24,408,273	1,168,986	23,150,775

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財務概況

Financial Review

單位：新台幣千元 Unit : NTD Thousands	單位：新台幣千元 Unit : NTD Thousands	單位：新台幣千元 Unit : NTD Thousands
期間Peroid 項目Item	2018/1~12	2017/1~12
營業收入淨額 Net Sales	48,238,885	40,792,444
營業成本 OperatingCosts	43,853,999	36,903,341
營業毛利 Gross Profit(Loss)	4,384,886	3,889,103
營業費用 OperatingExpenses	1,509,109	1,315,363
營業淨利(損) Profit(Loss)from Operations	2,875,777	2,573,740
營業外收(支) Non-operatingincome(Expenses)	158,071	32,563
稅前淨利(損) Profit(Loss)Before Income Tax	3,033,848	2,606,303
稅後淨利(損) Net Profit For The Period	3,033,223	2,606,273

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策 略 Strategy

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司。

Chung Hung maintains ethical business operations and strives to become a sustainable, reliable, and approachable steel company.

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業務目標 生產目標
Commercial Production
1. 持續開發重點產品
1. 掌握客戶需求
Sustain development of key products
Aim for customers demands
2. 提昇產品品質及製程技術
2. 保持靈活彈性銷售策略
Improve product quality and technology
Maintain the flexible sales strategy 3. 朝向產品差異化
3. 確保通路穩定 Toward product differentiation
Ensure stable sales channels 4. 精進利基產品
Enhance niche products
4. 提昇市場競爭力
5. 創造市場優勢
Increase the market competitiveness
Create market advantage
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財務目標
Financial
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1. 內部管理確實
Complete Internal Management
2. 降低營運成本
Implement operating cost reduction
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未來展望 Prospects

中鴻未來將持續提昇產品品級及品質，全員加強客戶服務，
建立良好客戶夥伴關係，創造產品差異化，並積極推動節能減
廢，善盡企業社會責任。

In the future, CHSC will upgrade the quality and grades of its products, focus on enhancing customer services, establish good partner relationships with customers, create product differentiation, proactively conserve energy and reduce carbon emissions, and fulfill its corporate social responsibility.

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司

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感 謝 聆 聽! Thanks for your attention.

中鴻堅持正派經營，努力打造成為一個持續發展、值得信賴、樂於交往的鋼鐵公司