Hiroca — Investor Presentation 2026

Mar 18, 2026

廣華控股

Hiroca Holdings Ltd.

Hiroca Holdings Ltd.

廣華控股有限公司

Spokesman: Chiu Shou-Ray

Date: 2026-03-18

东莞广泽汽车协件有限公司

DONGGUAN HIROSAWA AUTOMOTIVE TRIM CO.,LTD.

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廣華控股

Hiroca Holdings Ltd.

Declaration

This introduction material is provided by Hiroca(the Company) for reference only and no one may copy or reproduce it without the express authorization of the Company.

Neither the Company nor any of its subsidiaries, employees or professional advisors makes any representation or warranty, directly or indirectly, as to the completeness or accuracy of the information contained in this presentation (including any forward-looking statements).

The information contained in this presentation is based on the general circumstances at the time of preparation and has not and will not be updated to reflect any material developments that may occur subsequently.

This introduction also contains the company's expectations and prospects for the future. The forward-looking statements are based on estimates of the Company's operating conditions and certain uncontrollable factors; therefore, actual conditions may differ materially from these statements.

The Company cannot guarantee that forward-looking statements will be revised to reflect future events or circumstances.

This introduction material and the information contained therein are for reference only and are not intended to be used or provided as a guide for the purchase or sale of any securities or financial instruments, nor are they intended to provide any investment services or advice.

DECLARATION

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CONTENTS

01 Company Profile
02 Global Sites
03 Core Technology
04 Financial Result
05 Market Trend and Future Development

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15

廣華控股

Hiroca Holdings Ltd.

Established Date

Dec. 8, 2009

Paid-in Capital

NTD 838.4 million

Employees

2,510

Group operation, dedicated to the development of automotive trim and providing the best solutions for automotive technology

Core competitiveness: Highly vertically and horizontally integrated production capabilities/deeply sophisticated process technology and improved innovation/high customer QCD trust

Hiroca Holdings is based in China and has set up R&D and production bases around the world to continuously improve product quality, reduce production costs, and is committed to high-efficiency supply and services, and further uses green technology to create a sustainable industry with customers!

Quality recognized by the world's three largest automobile companies

Highly professional control of the supply chain ensures stable product quality and reduces waste.

TS16949

Globally recognized market standards

Covering multiple audit standards of the United States, Germany and France, Significantly reduce certification concerns and increase global purchasing confidence.

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HIROCA GROUP

WORLDWIDE LOCATIONS

Sites in Mainland China

• Dongguan Hirosawa
• Wuhan Hiroyushi
• Hunan Hiroyushi
• Xianyang Hiroyushi
• Kaifeng Hiroyushi
• Dongguan M o n o
• Suzhou Hiroyuki

Wuhan Hiroyushi

Xianyang Hiroyushi

Hunan Hiroyushi

HQ-Dongguan Hirosawa

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HIROCA GROUP

>>>>>>>>>

WORLDWIDE LOCATIONS

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酒華控股

Hiroca Holdings Ltd.

Core Technology-Surface Treatment

Existing surface treatment

• Vacuum heat transfer
• Paint
• Chorming
• Hot stamping
• Water transfer printing

EPF new surface treatment

Replace Uprade

• Metal film
• Multi color film
• Wood/Aluminium

• Printing
• Optical
• Itching
• 3D Laser engraving

Injction in Mold

Technical Advantage

• Completed surface treatment tech
• Appearance/material/quality/environmental protection
• Customized design capabilities
• Provide cost reduction solutions

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廣華控股

(www.nxiang.com)

Core Technology-Electrical Production

Optical testing

• SPEOS
• LUCIDSHAPE

Mechanism Design Capabilities

• Dassault
• SIEMENS
• CATIA V5
• NX UG

Intelligent software design

• C/C++
• RTOS
• Embedded Linux

Thermal analysis

• MOLDFLOW
• ANSYS Mechanical
• SIEMENS FLOEFD

Mini Led/Led | Packaging

• C/C++
• RTOS
• Embedded Linux

Integrate 6 core technologies

Circuitry Design

• KEIL
• CANBUS
• AD-PCB
• CAD

What we have

Optics, heat dissipation, mechanism, electronic hardware and software, LED packaging and other development technology capabilities

What we can do

Design new interior touch vibration, ambient lighting, map lights and lights, illuminated signs

What we must do

Master key technologies and design simultaneously
Highlight product differentiation and customization

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真華控股

HKSOLE HOLDING LTD

Core Technology-Color and texture design capabilities

Process technology strength

工藝技術 Technology	噴塗 Painting	電鍍 Plating	熱燙印 Hot stamping	水轉印 Hydro Graphic	模內轉印 IMD/INS	3D鐵雕 Tri-D3eco	TOM	真木真鋁 Real Wood Aluminum
外觀、材質性能、環保性能等提升 Appearance, Material properties, environmental protection, etc. to upgrade	PU油漆 PU paint	普通光鍍鉻 Ordinary light	庫爾滋 Kurz	Cubic	Type-P	單塗鐵雕 One layer	OMD	OPEN SKIN
	電鍍色漆 Plating paint	三價光鍍鉻 Trivalent light		S-Cubic	Type-TR	雙塗鐵雕 Double layer	OMR	PUR
	鋼琴黑漆 Piano Black	珍珠色調 Pearl shades		E-Cubic	Type-S	三塗鐵雕 Third layer
	軟觸漆 Soft touch paint	白金色調 White Gold				2次雙塗鐵雕 Double laser
	水性漆 Water paint	超薄電鍍 Thin plating				水轉印+鐵雕 Hydro + laser
	UV漆 UV paint					鐵雕+水轉印 Laser + Hydro
	水性UV漆 Water UV paint			原材料開發、膠膜紋理式樣設計、新工藝導入 Development of raw materials, film texture design, introducing new technology
	抗描紋漆 Fingerprint resistant paint			EPF 的雷雕工藝 紋理設計 Texture design of EPF thunder carving process
	硬化指紋漆 Hardening PU paint

Resource integration

>Film resource partner:

>Painting partner: TAIHO、Ruimeng、Donbon、PETER、NIPPON、MATSUI、Qianlang

>Plating partner: Jiangmen Tsukada Riken
>Wood/Aluminum partner: Hungarian Mono

Tech

texture

Slik

texture

Carbon

Fiber

Wood

texture

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寶華控股

TUNEHANING LTD

Core Technology-Product design capabilities

Color texture design

> Texture development
> Rendering/Animation

Accessories

Structural design

> Accessories (Injection, Painting IMD)
> Functional parts (Axle pillow, cup holder, storage box)
> ambient lighting (Direct, reflective)

Lighting Module design

> Map light/reading light
> Interior/exterior high brake lights
> Taillights/through-type taillights
> Turning light
> Luminous signs

Electrical Module design

> Embedded architecture design, software programming, integration testing
> LIN, CAN
> Pressure Sensing
> Touch/Vibration

CAE Analysis

> Mold flow analysis
> Rigidity Analysis
> Optical Analysis
> Thermal flow analysis

Product Verification

> Environmental testing
> Physical Testing
> Chemical Test
> Color Test
> Optical Test
> Other

Production technology development

Production Technology
> Domestic rubber mold development
> Film texture laser engraving
> IMD process
> Surface decoration production
> Wood and Aluminum

PHOTOSHOP KEYSHOP ILLUSTRATOR

CATIA VS NX UG

LUCIDSHAPE ANSYS SPEOS

KEIL AD-PCB CANBUS CAD

MOLDFLOW LUCIDSHAPE ANSYS ANSYS SPEOS ANSYS FLUENT

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廣華控股

(www.weengrobe.com)

Core Technology-Patents

Environmental decoration innovative application

• Multi-color INS decoration technology
• Metallic environmental protection decoration
• Tambor door decoration technology

Smart ambient light innovative application

• Smart ambient light decoration technology
• Metallic decoration
• Tambur door decoration technology

Interior lighting, Application of exterior signal lights

• Innovative application of interior/exterior lamps
• Map Lamp
• MINI LED luminous badge

Patents: 77, Invention: 18, Utility: 59, (Film: 13)

• IMD - type automotive roller blinds, 201910837289.5
• Car Roller Blind Construction, 201921478333.

• Automobile rolling door manufacturing method, 202010730399.

• Sputtering type translucent decoration, 202020369023.0

• Internal sputtering film automotive decoration, 202120491231.2
• Method for manufacturing interior sputter-coated film automotive trim, 202110252083.3

• Automotive trim manufacturing method US Patent 16/902,250

• multi-functional thin Mini LED car lights, 202110252104.1

• Multifunctional thin Mini LED car lights, 202120491232.7
• Translucent leather trim, 202020369117.8
• Manufacturing system for plush decorative parts, 202020737991.2
• Automotive trim and manufacturing method US Patent 17/117,117 Taiwan Patent 109134299

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廣華控股

(株)台中控股有限公司

Financial Result-Financial Information

2021~2025 Financial Information						Unit: NTD Thousand/ EPS:NTD dollars
		2022		2023		2024		2025		2025Q4
NO.	Subject	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
1	Revenue	7,344,840	100%	5,761,288	100%	5,087,625	100%	5,231,666	100%	1,347,208	100%
2	Cost	5,849,352	79%	4,486,785	78%	3,956,748	78%	4,001,444	76%	1,040,613	77%
3	Gross Profit	1,495,488	21%	1,274,503	22%	1,130,877	22%	1,230,222	24%	306,595	23%
4	Operating Expense	1,285,503	18%	1,230,091	21%	1,221,056	24%	1,273,702	24%	323,551	24%
5	Operating Profit	209,985	3%	44,412	1%	-90,179	-2%	-43,480	-0%	-16,956	-1%
6	Non-operating income	191,842	3%	118,356	2%	277,331	5%	41,574	0%	6,885	0%
7	Non-operating Expense	192,466	1%	282,139	5%	173,762	-3%	130,648	3%	-1,858	-0%
8	Pre-tax income	209,361	6%	-119,371	-2%	13,390	0%	-132,554	-3%	-8,213	-0%
9	Income tax	78,668	1%	50,953	1%	59,219	1%	32,517	0%	11,403	0%
10	NCI Shares	-5,636		-6,008		49,220		17,185		-592
11	Net income attribute to parent company	136,329	5%	-164,316	-3%	-95,049	-2%	-182,256	-3%	-19,024	-1%
12	EPS	1.63		(1.96)		(1.14)		(2.24)		(0.24)

2021~2025 Financial Rate
Unit: 100 million NTD, %

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廣華控股

Period Houseing Ltd.

Financial Result-Financial

Net loss analyzation

	NTD thousands
Loss before tax	(132,554)
Exchange Loss(MXN/USD)	48,702
CB option valuation loss	16,011
Losses from plant relocation and scrapping	42,889
Trump tariff 2.0	28,408
total	136,010
	MXN/USD
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2025/3/31	20.46
2025/12/31	17.967

Foreign Asset: devaluation

	114.12.31
	外 幣	匯 率	功能性貨 幣	匯 率	台 幣(表達貨幣)
金融資產
貨幣性項目
美 金	$ 35,395	美金:人民幣7.0288	248,785	4.5000	1,119,533
	11,393	美金:披索17.9670	204,696	1.7604	360,347
台 幣	3,121	台幣:人民幣0.2222	693	4.5000	3,121
金融負債
貨幣性項目
美 金	43,820	美金:人民幣7.0288	308,002	4.5000	1,386,009
台 幣	523,415	台幣:人民幣0.2222	116,314	4.5000	523,413

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廣華控股

(Sheng Huang) Ltd.

Financial Result-Financial Information

1. Profitability
   
   K

	2021	2022	2023	2024	2025
Gross profit%	21.05%	20.36%	22.12%	22.23%	23.51%
Operating profit%	3.47%	2.86%	0.77%	-1.77%	-0.83%
Pre-tax profit%	6.18%	2.85%	-2.07%	0.26%	-2.53%
Net income%	4.79%	1.86%	-2.85%	-0.90%	-3.16%

1. Debt Solvency

	2021	2022	2023	2024	2025
Current ratio	185%	215%	179%	169%	149%
Quick ratio	155%	174%	152%	143%	124%
Interest coverage ratio	10.22	3.62	0.2	1.09	0.03
BV per shares	75.72	76.95	72.8	73.1	69.44

1. Business performance
   

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廣華控股

(www.weingr.com)

Financial Result-Financial Information

2021~2025 Product portfolio

Painting Product: Key technologies and profit root.

Transfer and film part: Key technologies and profit root.

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2025H2 Revenue

廣華控股
Henna Holdings Ltd.

Financial Result-Main Customer

Euro& American: 25%

Local Brand: 26%

BYD、Greatwall、Huawei、Dongfeng、Geely、SAIC、...etc

Local: Volkswagen、Volvo

Export: Crysler、GM、PACCAR

Local Brand

BYD	7.72%
Greatwall	5.56%
SAIC	1.76%
Huawei	1.95%
Dongfeng	4.01%
Geely	3.25%
Others	2.14%

Japanese: 46%

Local: Dongfeng Nissan、Dongfeng Honda 、GAC Toyota、GAC Honda

Export: Nissan Trade、SUBARU

Japanese

Nissan	32%
Toyota	7%
Honda	5%
SUBARU	1%

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廣華控股

General Holdings Ltd.

Financial Result-Main Customer

5 YEARS CUSTOMER EVOLUTION

Optoelectronic products Rev.

Optoelectronic products Items

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廣華控股

China Holdings Ltd.

Financial Result-Main Customer

TOYOTA (Highlander)
Front and rear door panels
Process: Injection+INS

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廣華控股

Henan Holdings Ltd.

Financial Result-Main Customer

BYD Tang

Driver and passenger door trim strips

Process: Injection+INS

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廣華控股

Henna Holdings Ltd

Financial Result-Main Customer

BYD (Multiple models) Car Refrigerator

Process: Injection+Painting

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廣華控股

Jinan Holdings Ltd.

Financial Result-Main Customer

LYNK & CO (LYNK 900)

Speaker frame

Process: Dual Injection +IML+Painting

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廣華控股

Henan Holdings Ltd.

Financial Result-Main Customer

Changan (CS75)
Luminous car logo
Process: Injection+IML

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廣華控股

China Holdings Ltd

營運實績-主要產品(續)

Honda S7/P7
Console trim

Process: Leather covering
(translucent leather) + ambient
lighting (Mini LED)

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廣華控股

(www.nweng.com)

Financial Result-Main Customer

NISSAN (N7)

Luminous car logo + map light + personal light + central control armrest...etc.

Process: molding + painting + laser engraving +

LED + leather covering

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廣華控股

(Sina) Ltd. by LLL

Market Conditions and Future Forecasts (China)

China's top 10 automobile companies ranking

Sources: CPCA

Unit: 10,000 cars

车企集团1-12月销量同比

2019年及2020年 廣義乘用車1-12月銷量同比
單位：萬輛

Note: The yellow marked models are the ones that our group supplies

Top 20 most popular car models in Dec,2025

排名	品牌	车型	10月销量	11月销量	12月销量	环比上个月	近一年销量	月均销量
1	特斯拉	Model Y	19,488	47,132	65,874	+39.8%	425,337	35,445
2	小米	小米YU7	33,662	33,729	39,089	+15.9%	153,673	21,953
3	比亚迪	泰PLUS DM	27,674	28,213	38,873	+37.8%	276,892	23,074
4	吉利	星愿	44,239	42,038	36,147	-14.0%	465,775	38,815
5	方程豹	钛7	20,024	24,019	34,086	+41.9%	86,257	21,564
6	AITO	问贾M7	16,071	25,264	29,368	+16.2%	123,983	10,332
7	五菱汽车	五菱宏光MINIEV	61,506	56,756	29,365	-48.3%	435,599	36,300
8	特斯拉	Model 3	6,518	26,013	27,969	+7.5%	200,361	16,697
9	日产	轩逸	33,903	38,434	23,954	-37.7%	319,990	26,666
10	丰田	卡罗拉银放	13,703	15,064	22,956	+52.4%	186,575	15,548
11	蔚来	蔚来ES8	6,703	10,689	22,258	+108.2%	46,652	4,241
12	大众	朗逸	22,422	19,201	22,181	+15.5%	270,477	22,540
13	大众	速腾	25,038	28,861	21,543	-25.4%	255,979	21,332
14	大众	帕萨特	18,779	19,508	19,816	+1.6%	227,131	18,928
15	丰田	凯美瑞	19,303	17,809	19,653	+10.4%	208,653	17,388
16	大众	途观L	19,230	18,480	19,557	+5.8%	202,904	16,909
17	奥迪	奥迪A6L	12,277	15,350	19,138	+24.7%	170,821	14,235
18	丰田	锋兰达	15,330	13,595	19,083	+40.4%	174,434	14,536
19	丰田	雅阁	15,179	13,441	18,960	+41.1%	152,115	12,676
20	比亚迪	元UP	19,813	20,628	18,766	-9.0%	189,277	15,773

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廣華控股

(Sina) nota group Ltd.

Market Conditions and Future Forecasts (Global)

China's recent sales include NEV
Unit: 10,000

资料来源：中國汽車協會

Global car sales trends in recent years
Unit: 10,000

资料来源：MarkLines、樱普全球汽車

TOP 20 In the past three months Unit: 10,000

区域	排名	国家	2510	2511	2512	年度合计
亚洲/大洋洲	1	中国	334	343	327	3440
	3	印度	58	51	50	558
	4	日本	39	37	33	456
	11	韩国	13	15	15	168
	16	澳大利亚	10	10	10	124
	17	印度尼西亚	7	7	9	80
	18	马来西亚	8	7	7	80
	20	泰国	5	5	4	63
北美/南美	2	美国	131	131	152	1672
	6	巴西	26	24	24	265
	9	加拿大	16	14	12	190
	12	墨西哥	14	15	16	156
西欧	5	德国	28	28	27	316
	7	英国	17	18	18	235
	8	法国	18	17	17	200
	10	意大利	14	14	14	173
	14	西班牙	11	11	12	135
中欧/东欧	13	俄罗斯	18	14	15	149
	15	土耳其	12	13	13	131
	19	波兰	6	6	8	70
合计	21		785	779	784	8,661

数据来源：MarkLines、樱普全球汽车

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廣華控股

(Shandong) Ltd.

Market Conditions and Future Forecasts (Global)

Global sales are projected to reach 95.55 million vehicles in 2025, with the top 20 groups accounting for 78.26 million vehicles, or 82% of total sales. This represents a 10.2% year-on-year increase in sales for the top 20 groups compared to 2024.

全球Top 20车企1-12月销量同比
单位：万辆

2024年
2025年

数据来源：MarkLines

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廣華控股

(Sina) nsdrop Ltd

Market Trend and Future Development

China's automobile sales in recent years (NEV included)
Unit: 10,000 cars

Source: China Automobile Association

Global car sales trends in recent years
In 2024, global sales of PEV will be 11.6 million units, accounting for 13.2% of the market.
Unit: 10,000 cars

Source: MarkLines, S&P Global Automotive

Sales of some auto brands in 2024 and targets for 2025
Sales volume of auto brands in 2024 and targets for 2025 (Unit: Vehicles)

NO.	Brand	2,024	%	Target of 2025	Note
1	BYD	4,272,145	41.3%	5 million
2	Changan	2,683,800	5.1%	3 million
3	Chery	2,603,916	38.4%	3 million
4	Geely	2,176,567	32.0%	2.71 million
5	GAC	2,003,058	-20.0%	Grow 15%
6	TOYOTA(CN)	1,776,000	6.9%	-
7	Geely	1,669,003	27.0%	2 million
8	FAW-VW	1,659,107	-	-
9	Great Wall	1,233,292	0.2%	-
10	HONDA(CN)	852,269	30.9%	-
11	Nissan(CN)	696,631	12.2%	-
12	JETOUR	568,387	80.3%	0.8 million
13	LiXiang	500,508	33.1%	0.7 million
14	HIMA	444,956	-	1 million
15	SAC	401,300	20.1%	-
16	LEAP	293,724	103.8%	0.5 million
17	LYNK	285,441	30.0%	0.39 million
18	DFMC	248,000	2.5%	3.2 million
19	Deepal	243,894	78.1%	0.5 million
20	Zeeker	222,123	87.2%	0.32 million
21	NIO	221,970	38.7%	0.46 million
22	XiaoPeng	190,068	34.2%	0.35 million
23	XiaoMi	135,000	-	0.3 million
24	Voyah	85,697	69.5%	0.2 million
25	ARCFOX	81,017	169.9%	-
26	AVATAR	73,606	140.0%	0.22 million

数据来源：中汽路研、中国汽车报、兆车企官方公布

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质華控股

(Award:Holding Ltd)

Market Trend and Future Development

1. China: Dongguan headquarters moved into the new plant and the plant area was integrated
2. Taiwan: Overseas R&D center and film production line, vertical integration of front-end raw materials
3. Mexico: Order transfer effect, plans to expand the factory
4. Japan: Targeting Japanese global car models to increase business
5. Korea: Entering the Korean market and expanding the territory through joint ventures

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廣華控股

Hiroca Holdings Ltd.

THANK YOU!