GOODWAY — Investor Presentation 2021

Mar 25, 2021

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110326 Investor Conference

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GOODWAY MACHINE GROUP
Presentation Outline
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The GOODWAY Group

Products & Applications

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Market

Operating Performance The Products and Technologies

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GOODWAY MACHINE GROUP
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The GOODWAY Group

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GOODWAY MACHINE GROUP
Group Members
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GOODWAY MACHINE CORP. CNC Turning Center Manufacturing

Since 1975

GOODWAY MACHINE GROUP

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AWEA MECHANTRONIC CO., LTD. CNC Machining Center Manufacturing

Since 1986

YIH CHUAN MACHINERY CNC Machining Center Manufacturing Since 1972

YAMA SEIKI USA., INC GOODWAY Group North America Branch

Since 2000

	GOODWAY MACHINE GROUP GOODWAY 36 373( TW ) 137( CHN ) AWEA 33 436( TW ) 112( CHN ) EXTRON 3 30( TW ) 85( CHN ) - YAMA SEIKI 2.5 27 - Total - 1,200 - Unit：USD ( million ) Company Capital Employees 1583 Stock Code 1530 Stock Code Listed Company Company Profile
	GOODWAY 36 373( TW ) 137( CHN )
	AWEA 33 436( TW ) 112( CHN )
	EXTRON 3 30( TW ) 85( CHN )
	YAMA SEIKI 2.5 27
	Total - 1,200

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GOODWAY ─ Taichung 18,600 m²
Headquarters
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GOODWAY ─ CTSP 26,600 m²
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GOODWAY ─ Chiayi 56,000 m²
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AWEA ─ Hsinchu 26,000 m²
Headquarters
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AWEA - CTSP 26,600 m²
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AWEA ─ Chiayi 56,000 m²

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EXTRON ─ Taichung 10,400 m²
Headquarters
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EXTRON ─ Chiayi 38,000 m²
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12 operations centers worldwide;Lot size

400,000 m[2]

USA

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YAMA SEIKI ─ L.A. 20,000 m²
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China

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GOODWAY GROUP ─ WUJIANG 66,800 m² AWEA ─ SHANGHAI 8,600 m²
GOODWAY GROUP─ DONGGUAN 500 m²
EXTRON ─ JIAXING 40,500 m²
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GOODWAY MACHINE GROUP
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Products & Applications

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GOODWAY MACHINE GROUP
The Types of Machine Tools
40% Machining Center AWEA
EDM EXTRON
World Machine Tool market scale at USD 70 Billion per year
Broaching machine
Taiwan Machine Tool Production NTD 120 Billion per year
【ITRI ( IEK Center ) , 2016.09 】 Milling machine
Drilling machine
80% Cutting Grinding machine GOODWAY
Planning machine
Boring machine
Machine tools
Wire-cut machine
25% Lathe GOODWAY
Plastic forming
20% Forming Press machine
Folding machine
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– GOODWAY MACHINE GROUP
Applications Automobile
Crank Shaft Cylinder
Horizontal Horizontal
Turning Center Machining Center
Transmission
Bumper Mold
Shaft
Bridge Type
CNC Lathe
Machining Center
Aluminum Wheel
Brake Disk
Wheel Turning Center Vertical
Turning Center
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– GOODWAY MACHINE GROUP
Applications Aerospace
Turbine Blade
Wing Rib
5-axis
Machining Center Bridge Type 5-axis
Machining Center
Seat frame
High Speed 5-axis
Machining Center
Engine Case
Super Size Vertical
Turning Center
Landing Gear Blisk
Horizontal Multi-tasking 5-axis
Turning Center Machining Centers
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Multiloc Humeral Nail Swiss Turning Center

DHS Locking Trochanter Stabilization Plate High Speed 5-axis Machining Center

Variable Angle LCP Forefoot Midfoot System Vertical 5-axis Machining Center

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Dental-Implants Swiss Turning Center

VA LCP Two-Colum Distal Radius Plate High Speed Bridge Type Machining Center Low Bend Medial Distal Tibia Plates Vertical 4+1-axis Machining Center

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Sports Electronic
Precise THE ULTIMATE
MACHINING POWER [Energy]
Part
Weaponry Mechanical
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GOODWAY MACHINE GROUP
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Market

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Over 60 professional dealers around the world in 48 countries

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Sweden
Denmark
Germany
Poland Finland
Switzerland Russia
U.K.
Romania
Netherlands
Canada France Hungary
Spain Ukraine
South Korea
Portugal Turkey
Japan
Italy
Israel Pakistan
YAMA SEIKI USA, INC. Slovenia
Egypt Thailand
Croatia
Vietnam
Czech Republic India
Bulgaria Malaysia Singapore
Brazil Indonesia
Argentina South Africa Australia
New Zealand
Global Machine Tools Shows Top 5
IMTS, Chicago EMO, Hannover CIMT, Beijing JIMTOF, Tokyo TIMTOS, Taipei
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GOODWAY MACHINE GROUP
Marketing Share(2020)
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America Europe
10 % 24 %
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Japan
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1 %
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GOODWAY 13 % AWEA 7 % GOODWAY 34 % AWEA 17 %
Asia Taiwan
5 % 21%
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GOODWAY 13 % AWEA 7 %

GOODWAY 1 % AWEA 1 %

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China
39 %
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GOODWAY 5 %

GOODWAY 14 % AWEA 27 %

GOODWAY 33 % AWEA 44 %

AWEA 4 %

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GOODWAY MACHINE GROUP
Marketing Share(2019)
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America Europe
15 % 23 %
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Japan
2 %
GOODWAY 5 % AWEA 0 %
China
31 %
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GOODWAY 5 % AWEA 0 %

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GOODWAY 20 % AWEA 12 % GOODWAY 27 % AWEA 20 %
Asia Taiwan
8 % 20 %
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GOODWAY 20 % AWEA 12 %
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GOODWAY 8 %

AWEA 8 %

GOODWAY 11 %

AWEA 26 %

GOODWAY 29 %

AWEA 34 %

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GOODWAY MACHINE GROUP
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Operating Performance

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(unit ： millon)

Revenue/Year

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9,000
8,382
8,000 7,578
7,000 6,485
6,126
6,000
5,205
4,872
5,000
4,232
3,637
4,000
3,418
3,094
3,000
2,000
1,000
0
2016 2017 2018 2019 2020
GW AW
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GOODWAY MACHINE GROUP
EPS
EPS
6
5.41
5
4.39
3.92
4
3.45
3.44
3
2.43
2.24
1.83
2
1.42
1.23
1
0
2016 2017 2018 2019 2020
GW AW
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(Statements of	Comprehensive	Comprehensive	Comprehensive	Comprehensive	Comprehensive
Income - Consolidated)-YoY					GOODWAY MACHINE		GROUP
	2020		2019		YoY Change
Unit：NT$ M	Amount	%	Amount	%	Amount	%
Net Operating Revenues	5,205	100.0	6,125	100.0	-920	-15.0
Operating Cost	4,244	81.5	4,631	75.6	-387	-8.4
Gross Profit	961	18.5	1,494	24.4	-533	-35.7
Operating Expenses	903	17.3	1,029	16.8	-126	-12.2
Operating Profit	58	1.1	465	7.6	-407	-87.5
Net Non-operating Revenues and Expenses	576	11.1	11	0.2	565	5,136.4
Pre Tax Income	634	12.2	476	7.8	158	33.2
Income Tax Expense	(52)	-1.0	147	2.4	-199	-135.4
Net Income	686	13.2	329	5.4	357	108.5
Net Income Attributable to the Stockholders of the Parent	485	9.3	268	4.4	217	81.0
EPS(NTD)	4.39		2.43

(Statements of	Comprehensive	Comprehensive	Comprehensive	Comprehensive
Income - Consolidated)-QoQ					GOODWAY	MACHINE GROUP
	Q4'20		Q3'20		QoQ Change
Unit：NT$ M	Amount	%	Amount	%	Amount	%
Net Operating Revenues	1,419	100.0	1,357	100.0	62	4.6
Operating Cost	1,160	81.7	1,116	82.2	44	3.9
Gross Profit	259	18.3	241	17.8	18	7.5
Operating Expenses	217	15.3	259	19.1	-42	-16.2
Operating Profit	42	3.0	-18	-1.3	60	-333.3
Net Non-operating Revenues and Expenses	35	2.5	11	0.8	24	218.2
Pre Tax Income	77	5.4	-7	-0.5	84	-1,200.0
Income Tax Expense	18	1.3	-31	-2.3	49	-158.1
Net Income	59	4.2	24	1.8	35	145.8
Net Income Attributable to the Stockholders of the Parent	52	3.7	10	0.7	42	420.0
EPS(NTD)	0.47		0.09

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The analysis between Turn-mill machine
GOODWAY MACHINE GROUP
& standard machine
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Percentage of sales

Year 2016 2017 2018 2019 2020 Turn-mill machine 58% 54% 49% 51% 44% Standard machine 42% 46% 51% 49% 56% Gross profit margin Year 2016 2017 2018 2019 2020 Turn-mill machine 28% 29% 27% 27% 21% Standard machine 25% 23% 23% 23% 17%

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GOODWAY MACHINE GROUP
Accomplishments
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Excellent & Valuable E ui ment Awards q p

Awarded by TOYOTA Comprehensive Excellent Awards AIKITEC - HONDA、NISSAN tier one supplier

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Taiwan Excellence Superior Brand Excellence of Good Design Industry Technology Autodesk
Award Research and Product Developing Award 3D Design-
Innovation industry Award
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GOODWAY MACHINE GROUP
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The Products and Technologies

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GOODWAY MACHINE GROUP
The Product Line-up of GOODWAY
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Multi-Axis Turning Centers

Complex, free-form surface parts GMS / GTW / GTZ / GTS / GTH

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Swiss Turning Centers

Vertical Turning Centers

Heavy, large-diameter parts Super GV / GV-1 / GVF / GV/ GVI

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Wheel Turning Centers

Horizontal Turning Centers

Medium, small-diameter parts HA /GS / GA / GLS / GCL / TS

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Cylindrical / Internal Grinders

High precision small or micro parts SW � / SW / SD

Aluminum Wheels GA-W

Cylindrical parts grinding GRW / GRA / GRU / GRC / GRI

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GOODWAY MACHINE GROUP
The Product Line-up of AWEA
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5-Axis Machining Centers

Complex, free-form surface parts AG / RG / MEGA5 / FCV / FV

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5-Face Machining Centers

Multi-faceted parts MVP / HP / HTP / HVM / LP-F

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Bridge Type Machining Centers

Medium, large-sized parts LG / MCP / LP / SP / VP / HD / EP / F

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Vertical Machining Centers

Horizontal Machining Centers

Horizontal Boring Mills

Medium, small-sized parts A+ / AF / AV

4-faceted, massive chip removal parts AH / EH

Deep hole boring on large-sized parts JB / BL / MB

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GOODWAY MACHINE GROUP
The Product Line-up of EXTRON
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Vertical Machining Centers

Medium, small-sized parts EM / EL / M / L / LV

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隨便一台
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Horizontal Machining Centers

4-faceted, massive chip removal parts

LH / EH

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5-Axis Machining Centers

Bridge Type Machining Centers

Complex, free-form surface parts SU / VH

Medium, large-sized parts

DL

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GOODWAY MACHINE GROUP
Features of Production
Precisely hand-scrapped on critical
contact surfaces.
Pretensioned ball screws.
MEEHANITE castings of
high rigidity.
High-grade key components made in
Japan or Europe.
Precisely ground and thoroughly Linear guideways with preload and
heat-treated box ways. parallelism calibration.
Finite Element TOPOLOGY
Analysis Optimization
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GOODWAY MACHINE GROUP
Core Technology –GOODWAY
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GOODWAY LIVE TOOLING TURRET

• OVER 20 YEARS EXPERIENCE FOR TURRET DEVELOPING ,

MANUFACTURING AND COMMERCIALIZING

• GOODWAY IS THE EARLIST MACHINE TOOL FACTORY ON SELF

• DEVELOPMENT FOR LIVE TOOLING TURRET

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DEVELOPING ABILITY ON COMPLEX FUNCTION

5 AXIX SYNCHRONIZATION / C AXIS / Y AXIS / SUB SPINDLE / ON – LINE DYNAMIC BALANCE INSPECTION

Done-in-one

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HYDROSTATIC BEARING AMD SLEF-LUBRICATION (GRINDING MACHINE)

The both of hydrostatic bearing for grinding spindle and hydrostatic lubrication on axial guideway are self – developed by GOODWAY

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GOODWAY MACHINE GROUP
Core Technology - NC Intelligence
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New generation NC intelligence for Turning centers

Advanced Hardware

21”Multi-touch Screen 256 GB Pcle SSD

Multiple Function

GOODWAY Turning Organization Production

• 3D predict path and cutting simulation

• 3D on-line instant interference inspection

• Utilization rate analysis

• Active maintenance management

• Power management

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• Tool turning load monitoring

• Tool-life management

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GOODWAY MACHINE GROUP
Intelligent Machine- GOODWAY
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Production information system-G

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GOODWAY
Remote service box i could
NET II
Trouble
shooting –
Goodway Maintenance History
Company
Remote CNC
Monitor
Service Engineer
Remote service box
GOODWAY
Dealer Available Engineer list
End User
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GOODWAY MACHINE GROUP
Industrial 4.0 Countermeasure
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Big Data Analysis

Supervision / Decision

Clever Execution Work Correct collection / Upload data Estimated failure exactly

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Industry 4.0 Smart factory
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Production Remote assistance Prognosis System MIS / ERP integration
Management system
CaaS / VPC / VPN
& IoT service platform
Cloud Driver：Customer exclusive virtual
Maintenance & Operation assistance)
machine in the cloud
Network Local server
( option )
Smart sensor & hub
Temperature sensor
Vibration sensor
flow sensor
Power sensor
Pressure sensor
Balance sensor
NC SCADA Water Level sensor
NFC
Application
Platform
Network
Equipment
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GOODWAY MACHINE GROUP
Core Technology - Automation
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Robotic Arm & Stocker

Loading & Unloading System

Gantry Type Robotic Arm & Stocker

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Loading & Unloading System and Flipping Device

Gantry Type Robotic Arm & Stocker

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GOODWAY MACHINE GROUP
Core Technology - Turn-Key
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Specialized Chuck Automatic Butted Device Work-Piece Lean Platform

Trimmings Device Work-Piece Determining Device

Integrated Measure Device

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Largest hand scrapping team in Taiwan with well-established technique inheritance, presented by various machines with outstanding performance and superior accuracy from GOODWAY group.

Hand Scra in p g The essence of accuracy

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Standard Hand Scraping Platform

Platform flatness 5μm

Monthly maintain and annually inspected by 3D coordinate measuring machine.

Heritage Craftsmanship

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Fixed surface：10~15 dots / in² Sliding surface：15~20 dots / in²

Rubbing Data

Guaranteed quality control presented by comprehensive rubbing data on documents enclosed with the machine.

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GOODWAY MACHINE GROUP
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thanks

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