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Laster Tech — Investor Presentation 2026
May 26, 2026
52317_rns_2026-05-26_2f502c03-431f-457a-ba1e-0f20cec56fdf.pdf
Investor Presentation
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Disclaimer Statement
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The information contained in this document wasn't verified by an independent third party. LASTER TECH CO., LTD. does not responsible for the accuracy, fairness, and completeness of any information contained in this document. You should not assume any information in this document to be accurate, fair, nor complete. The information or opinions contained in this document is provided on a specified date, which LASTER TECH CO., LTD. reserves all right to update.
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LASTER TECH CO., LTD. has no obligation to notify you of any updates after a specific date or any development of information in the documents. LASTER TECH CO., LTD. will not accept any liability for any loss resulting from the use of this document or its contents or for other reasons related to this document. This document does not constitute an offer or solicitation of an offer of purchase or acquisition to sell or issue shares of LASTER TECH CO., LTD. or any of its subsidiaries or related parties in any jurisdictions, does not serve as a part an offer or incentive, nor should be interpreted as such. Any part thereof or distribute the facts does not constitute the basis of any contract or commitment, and should not be relied upon in respect of any contract or commitment.
LASTER TECH CO., LTD.
Locations

Korea
Tokyo
Li San(Shanghai) International Trade Ltd.
LasterTech Shanghai Branch
Taiwan
LasterTech Taiwan Headquarter
Windlux International CO., LTD
Laster Tech Dongguan Branch
Laster Tech Shenzhen Branch
Laster Tech Thailand Branch
All Subsidiary are 100% owned by Lastertech
LASTER TECH CO., LTD.
Production Base
Shanghai Factory
- Customer : Hasco、Varroc TYC、OLSA Hella、ZKW
- Product : LED automotive lighting module
- Number of employees:860

10%
Wuhan Factory
- Customer : Hubei Koito
- Product : LED automotive lighting module
- Number of employees:180
11%
Dongguan Factory
- Customer : Guangzhou Koito、Fuzhou Koito
- Product : LED automotive lighting module
- Number of employees:190

25%
Taiwan (Guanyin Factory)
- Customer : Hasco
- Product : Multipurpose LED Driver
- Number of employees:140
LASTER TECH CO., LTD.
LED Auto Lighting Supply Chain

Package components

Module Tier 2

Lighting Tier 1

Car Manufacturers
OSRAM
Opto Semiconductors
PHILIPS
LUMILEDS
NICHIA
DOMINANT™
Opto Technologies
Innovating Illumination

LASTER TECH GROUP

HASCO
AUTOMOTIVE

SKOTO
SK

VACRON
EXCELLENCE

上海通用汽车
SHANGHAI GM

上汽大众
SAIC VOLKSWAGEN

Great Wall

长安汽车
CHANGAN

GAC
LASTER TECH CO., LTD.
Financials- Sales revenue
Units : Million of New Taiwan Dollars
The penetration rate of LED automotive lighting continues to increase

6
LASTER TECH CO., LTD.
Financials-Income Statements
Units : Thousand of New Taiwan Dollars
| 2024 | 2025 | ||||||
|---|---|---|---|---|---|---|---|
| 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | |
| Sales Revenue | 1,751,625 | 2,553,897 | 2,452,614 | 2,580,261 | 2,049,249 | 2,269,561 | 2,022,660 |
| Cost of Goods Sold | 1,536,155 | 2,193,873 | 2,109,492 | 2,200,447 | 1,791,387 | 2,043,558 | 1,818,884 |
| Gross Profit | 215,470 | 360,024 | 343,122 | 379,814 | 257,862 | 226,003 | 203,776 |
| Gross Margin(%) | 12.30% | 14.10% | 13.99% | 14.72% | 12.58% | 9.96% | 10.07% |
| Operating Expense | 196,125 | 262,545 | 252,402 | 276,161 | 222,342 | 221,906 | 237,651 |
| Operating Profit | 19,602 | 97,479 | 90,987 | 103,654 | 35,520 | 6,339 | (33,909) |
| Operating Margin(%) | 1.12% | 3.82% | 3.71% | 4.02% | 1.73% | 0.28% | (1.68%) |
| Non-Operating Income (Expense) | 6,635 | 4,625 | (13,135) | (7,380) | (2,448) | (130,362) | 51,525 |
| Income Tax | (3,989) | 18,707 | 2,969 | 13,423 | 2,617 | (17,038) | 14,549 |
| Net Income | 30,226 | 83,397 | 74,883 | 82,851 | 30,455 | (106,985) | 3,067 |
| EPS(NTD) | 0.26 | 0.72 | 0.65 | 0.72 | 0.25 | (0.88) | 0.03 |
| Captial (Million) | 11.52 | 11.52 | 11.52 | 11.52 | 12.12 | 12.12 | 12.12 |
Note: The share capital has now reached 12.12 million.
LASTER TECH CO., LTD.
Balance Sheet and Financial Ratios
Units : Thousand of New Taiwan Dollars
| 2025Q3 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Cash and cash equivalents | 1,904,760 | 2,383,455 | 1,145,078 | 1,345,209 | 569,102 |
| Accounts receivable | 2,964,980 | 3,636,916 | 3,188,576 | 2,608,200 | 2,042,337 |
| Inventories | 1,783,349 | 1,895,558 | 2,302,836 | 2,304,214 | 1,998,857 |
| Other assets | 3,136,020 | 2,663,980 | 2,894,241 | 2,227,625 | 1,121,681 |
| Total assets | 9,789,109 | 10,579,909 | 9,530,731 | 8,485,248 | 6,297,840 |
| Current liabilities | 5,230,922 | 5,728,779 | 5,199,292 | 4,308,349 | 3,313,325 |
| Non-Current liabilities | 1,226,717 | 1,334,243 | 1,048,295 | 1,440,315 | 602,948 |
| Total liabilities | 6,457,639 | 7,063,022 | 6,247,587 | 5,748,664 | 3,916,273 |
| Total equity | 3,331,470 | 3,516,887 | 3,283,144 | 2,736,584 | 2,380,567 |
| Financial Ratios | |||||
| Inventory Turnover Ratio | 3.07 | 3.28 | 2.80 | 2.41 | 2.54 |
| Accounts receivable Turnover Ratio | 2.12 | 2.73 | 2.92 | 2.83 | 2.72 |
LASTER TECH CO., LTD.
Multipurpose LED Driver(MLD)
Automotive electronic products for controlling vehicle headlight systems
Automatic light adjustment
Automatically adjust the brightness and direction of the lights based on the vehicle's speed and the external lighting conditions, enhancing driving safety and comfort.
Smart switch
According to the driving direction and speed of the vehicle, the headlight switch is automatically controlled, allowing the driver to focus on driving and reducing unnecessary operations.
Lighting mode
Provides different lighting modes, such as high brightness, low brightness, daytime running lights, etc., allowing drivers to flexibly control lights according to different driving environments and needs.
Monthly production value: NT$300 million.
Sales location: United States.


LASTER TECH CO., LTD.
Sales Revenue proportion by customer
As of the end of November 2025
| Customer | 2025 | 2024 | Product | |
|---|---|---|---|---|
| 1 | HASCO(Shanghai) | 34% | 32% | • Multipurpose LED Driver |
| • LED automotive lighting module | ||||
| 2 | HASCO(USA) | 24% | 29% | • Multipurpose LED Driver |
| 3 | Hella | 12% | 11% | • LED automotive lighting module |
| 4 | Koito | 9% | 8% | • LED automotive lighting module |
| 5 | Varroc TYC | 5% | 7% | • LED automotive lighting module |
| 6 | MAGNA | 5% | 5% | • LED automotive lighting module |
| 7 | ZKW | 3% | 4% | • LED automotive lighting module |
| 8 | Other | 8% | 4% | |
| Total | 100% | 100% |
LASTER TECH CO., LTD.
Sales Revenue proportion by product
Period : 2025.1.1-2025.11.30
| Product | % | Note | |
|---|---|---|---|
| 1 | Multipurpose LED Driver | 29% | Including USA and CN customers. |
| 2 | Taillight | 39% | |
| 3 | Daytime Running Light & Headlight | 31% | Two products designed together. |
| 4 | Other | 1% | |
| Total | 100% |
LASTER TECH CO., LTD.
Top-selling Products
Period : 2025.1.1-2025.11.30
| Brand | Vehicle Model | Lamp Type |
|---|---|---|
| Tesla | New Model Y | Headlamp Module |
| GM Cadillac | XT5 SUV | Headlamp Module 、 Multipurpose LED Driver |
| Xiaomi | SU7 | Headlamp Module 、 Taillamp Module |
| Geely | Xingyue SUV | Headlamp Module 、 Taillamp Module |
| BMW | iX2 EV | Taillamp Module |
| BMW | 5 Series | Headlamp Module 、 Taillamp Module |
LASTER TECH CO., LTD.
Top-selling Vehicle Models with Designated Production (Past 6 Months)
| Brand | Vehicle Model | Lamp Type |
|---|---|---|
| Tesla | Model Y(Entry-level) | Headlamp Module |
| Taillamp Module | ||
| Geely | 001 SUV | Taillamp Module |
| Xiaomi | Kunlun SUV | Headlamp Module |
| Xpeng | P7+ | Taillamp Module |
| GM Cadillac | LYRIQ | Taillamp Module |
| (Produced at the Mexico facility) | ||
| Ford | Ford Ranger | Taillamp Module |
LASTER TECH CO., LTD.
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Future Overseas Expansion Plan
| Loaction | Customers | Operations Overview | Plant Location |
|---|---|---|---|
| USA | |||
| Mexico | 1. Hella | ||
| 2. Marelli | |||
| 3. Manga | 1. Partnering with a leading Taiwanese manufacturer for contract manufacturing and delivery. | ||
| 2. Laster Tech is responsible for R&D, order management, quality assurance, and after-sales services. | |||
| 3. Deliveries are expected to commence in Q2 2026. | |||
| 4. The Board of Directors has approved a capital injection of TWD 370 million. | |||
| Thailand | 1. Marelli | ||
| 2. Manga | |||
| 3. Minth | 1. Partnering with a leading Taiwanese manufacturer for contract manufacturing and delivery. | ||
| 2. Laster Tech is responsible for R&D, order management, quality assurance, and after-sales services. | |||
| 3. Deliveries commenced in Q2 2025. |
LASTER TECH CO., LTD.




END
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Q & A
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LASTER TECH CO., LTD.