HONMYUE — Call Transcript 2024

May 30, 2024

． Honmyue Enterprise Co.,LTD (1474) 2024 Investor Conference

. Weaving a better world with you. Together

2024/05/30 Taiwan Stock Exchange

Disclaimer

• The information published in this conference is for our company use

• only，including Operating Achievements 、Financial Status & Business development.

• Our Company never announce Financial Forecast ，and the opinions of

• Company’s financial、Business 、Q&A and Business development might be slightly different in the future. The causes of the differences could be varied from market、fluctuation of price、competitions、 Global economics、Fluctuation of International Exchange、bargain of suppliers, to Risk factors that could not be controlled .

• This conference represents our company’s view of the future. We will

• not be responsible for updating any changes or adjustments.

Agenda

• Company History

• Financial Statement

• New development & Marketing

• Q&A

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Company Introduction
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Company information

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Milestone Capital EPS
Found in
：
2021 15.93
1970
NTD
：
2022 16.28
Listed in
1.298
1999 2023 : 15.43
billion
IPO in 2000 2024 Q1: 16.24
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Certification
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1998.02：ISO9002 2008.05：ISO14001 2010.11：BLUE SIGN 2015.08：ISO9001 2020.09：GRS 5

Production Site

Taiwan：

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• Chenghua (HQ)

  • Shengang/Hemei/Chuansing (Weaving)

• Honmyue Taipei Office

• Nuwa Enterprise Co., LTD.

• Yu Zhan Startup Co.,LTD(Dying)

• China：

• Honmyue Textile(Zhejiang)Co.,LTD.

• Jiujiang DeYu Co., Ltd. (Planning)

• Jiujiang Hongzhi Co., Ltd.

• Vietnam：

• Grand and Great Textile.(Joint Venture)

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Product Application

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Industrial Fabrics
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Apparel Fabrics Furnishing Fabrics
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Medical
Textiles
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Product portfolio and gorss profit

(Consolidated Financial )

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Medical 2%
(Gross profit 26%) OEM 5%
(Gross profit -8%)
Furnishing7%
(Gross profit 38%)
Apparel 18%
(Gross profit 5%) Industry 68%
(Gross profit 8%)
Industry Apparel Furnishing
Medical OEM
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Item	Revenue
Industry	498,580
Apparel	130,862
Furnishing	55,535
Medical	16,226
OEM	34,424
Total	735,627

2024.01~2024.03

unit：Thousand NT dollars

OEM 5%
(Gross profit -8%)

Greige 66% (Gross profit 4%) Finishing cloth29% (Gross profit 25%) Greige Finishing cloth OEM
	Item	Revenue
	Greige	483,108
	Finishing cloth	218,095
	OEM	34,424
	Total	735,627

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Sales Area
Other 52% Taiwan48 %
Item Revenue
Taiwan 356,727
other 378,900
Taiwan other Total 735,627
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Asia(other)3%
Other0%
USA10%
Canada7%
China 53%
ARF27%
China ARF Canada
USA Asia(other) other
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Export
Item Revenue
China 112,954
ARF 56,787
Canada 21,853
USA 20,513
Asia(other) 6,716
other 124
Total 9 212,573
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consolidated income statement

unit：Thousand NT dollars

Item	2024 Jan.~Mar.	2023 Jan.~Mar.	Difference	Difference
			Amount	%
Net Revenue	735,627	622,284	113,343	18%
Operating Cost	661,187	573,059	88,128	15%
Grossprofit	74,440	49,225	25,215	51%
Gross margin	10%	8%	2%
Income From Operations(Loss)	(15,750)	(26,354)	10,604
Net Income(Loss)	81,630	(20,535)	102,165
EPS(In NT$ dollars)	0.62	(0.15)	0.77

2

Revenue

Consolidated Revenue

unit ： Thousand NT dollars

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1,500,000
2024年01~04月
1,005,604 2023年01~04月
1,000,000
804,402
500,000
0
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Difference 2024 2023 Year Jan.~Apr. Jan.~Apr. Amount % Revenue 1,005,604 804,402 201,202 25.01%

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New Development & Marketing promotion

RF Manager Mr.Guo

New development

Product research and development focuses on environmental protection and sustainability

RECYCLED RECYCLABLE (mono-material) #recycle materials #Easy to recycle (mono material)

RESOURCE REDUCTION

#reduce resource consumption

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New key products developments

PACK’N BAG & SOFT EQUIPMENT

• Easily MonoPoly

• •

• Recyclable Uni-Nylon PACK’N BAG & HOME & APPAREL •

• SOFT EQUIPMENT CONTRACT Recycled Fishery Waste • • •

• Recycled Eco Lining HONYI EcoLite Textile to Textile

• Materials • Trash Yelling • ENVIVE r-PVB • Carbon Capture • No More PVC • ENVOLVE r-TEX • Easy Move (Recycled) • Corduroy Spandex (Recycled)

• Reducing Resource PACK’N BAG & SOFT EQUIPMENT • NüPalette HT

• Consumption

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RECYCLED Sustainable Shadings

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Use recycled materials to reduce the using of virgin raw materials, also reduce the waste.

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r-PET Recycled from postconsumer bottles collected from land and ocean

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r-TEX Recycled from post-industrial textile waste

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r-PVB Recycled from PVB laminate film waste sourced from windshields and architectural glass

RECYCLABLE MONOPOLY UNI-NYLON (mono-material)

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Made from single material component. Compared to composite materials, single materials are easier to disassemble and be recycled, increasing recycling capacity and promoting a sustainable economy.

MONOPOLY Recycled Polyester + PET Coating

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UNI-NYLON Recycled Nylon + Nylon Membrane

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RESOURCE NüPalette HT REDUCTION

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Made from 100% High-Tenacity dope-dyed yarn, this vibrant, water-saving, energy-efficient, carbon-reducing, and highly durable product is created through a CMYK four-color printing and weaving process.

Nylon 、 、 200D 400D 500D ATY

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Recycled Polyester 、 300D 600D

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Award-Winning Innovative Products

SFPX0-0835-XWR

 An innovative knitted fabric with enhanced moisture wicking properties, providing a fresh and dry wearing experience and sensitivity to body movements.

ISPO TEXTRENDS FW 2025/26

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P1760

N1156

 A new material made from recycled ocean waste combines functional textiles and eco-friendly manufacturing. This unified fabric features moisture-wicking and quick-drying properties, capturing the essence of a streamlined ocean lifestyle.

• Harmonization of land and ocean recycled materials into a high-performance knitted product, simultaneously reducing virgin raw material usage and reliance on petroleumbased resources.

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SFNK4-0857-XWR

 Utilizing recycled materials from land and ocean, this low-density knitted fabric is the material choice with the lowest environmental impact.

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Award-Winning Innovative Products

Performance Forum Fabric March 24’

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We’re Trash!

• Made from recycled PET bottles and textile waste, featuring unique diamond weaving patterns, combining eco-friendliness and functionality, suitable for bags and outdoor gear.

MonoPoly

• 100% polyester raw colored yarn paired with PET coating. The production process does not involve dyeing, effectively reducing dyeing wastewater and energy consumption. The single-material design ensures easy recycling, implementing a circular economy production model.

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Marketing

Marketing Promotion

• 2024 Exhibition & Promotion Activities

– Pro ress overview: g

	Activities	Date	Place
Exhibit	R+T Stuttgart	2/19 – 2/23	Stuttgart, Germany
Visit	IWA Outdoor Classics	2/29 – 3/3	Nürnberg, Germany
Exhibit	Performance Days March	3/20 – 3/21	Münich, Germany
	Techtextil Frankfurt	4/23 – 4/26	Frankfurt, Germany
Sourcing	TITAS Spring Sourcing Fair	5/9 – 5/10	Taipei

Marketing Promotion

• 2024 Exhibition & Promotion Activities

– Pro ress overview: g

	Activities	Date	Place
Exhibit	Spoga+gafa	6/16 – 6/18	Cologne, Germany
	Intertextile Shanghai Apparel Fabrics – Autumn Edition	8/27 – 29	Shanghai, China
	TITAS & Autumn Sourcing Fair Sourcing	10/15 – 10/17	Taipei
	Performance Days October	10/23 – 10/24	Münich, Germany

Marketing Promotion

• Exhibition - 2/19~23 R+T Stuttgart

R+T Stuttgart, held every three years, is the world's leading window and door shading exhibition, attracting professional buyers from over 130 countries. Our main goals are :

1) Showcase the latest sunshade products and boost brand awareness.

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• 2) Explore new markets and find international partners.

• 3) Understand industry trends and market demand changes.

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Marketing Promotion

• Exhibition - 3/20~21 Performance Days March

Performance Days is a biannual professional exhibition for functional textiles and innovative materials. It features standard booths, an image area, and seminars. This event will select top suppliers with strong development capabilities, providing an excellent platform for showcasing innovation and exploring business opportunities, especially for Taiwanese manufacturers of sustainable textiles.

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Marketing Promotion

• Exhibition - 4/23~26 Techtextil Frankfurt

Techtextil Frankfurt is the largest international technical textiles exhibition, attracting top companies and professional buyers. It showcases functional textiles, non-woven materials, and features technology forums and seminars. Located in Frankfurt, a key financial hub, it offers valuable insights and business opportunities, making it a crucial industry platform.

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Marketing Promotion

• Sourcing Fair - 5/9~10 TITAS Spring Sourcing Fair

The TITAS spring procurement meeting, backed by Taiwan’s Ministry of Economic Affairs, hosted 13 international brands for 200 one-on-one negotiations with 50 exhibitors.

Focused on spring/summer 2026, buyers sought eco-friendly, certified textiles like Bluesign® and 。 Oekotex, and lightweight functional fabrics. The event strengthened future business ties.

Brands in contact:

Salewa ＜義大利＞ MIZUNO ＜日本＞

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O’Neill ＜荷蘭＞

Cape Union ＜南非＞

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WE Fashion ＜荷蘭＞

Macy’s ＜美國＞

AEON ＜日本＞

HONMYUE(1474)

Weaving a better world with you. Together

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