MAP — Call Transcript 2019

Apr 11, 2019

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Min Aik Precision Industrial Co., Ltd Ching-Yu Mong, CFO April 3rd , 2019 Ticker : 4545

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Disclaimers

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• ➢ The information on this conference is for our published

• use Achievements

• company only, including Operating ,financial status & Business development.

➢ The Company never Announcing Financial Forecast, but the opinions of Company’s financial, Business , Q&A and Business development might be a little difference in the future. The cause of the differences could be variety of market, fluctuation of price, competitions, Global economics, Fluctuation of International Exchange, bargain of suppliers. Risk factors that we couldn’t control.

• ➢ This conference represent the company’s view of the future. We won’t be able to the of our update opinions

• company for the changes or adjustments.

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Agenda

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• Corporate Info & Operating update

• Main Products

• 2018 financials

• Outlooks

• Q&A

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Corporate Info

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• Established：Jan 18, 2001

• IPO：Jan ６, 201６

Innovation Technical innovation and development

Promotion Constantly increase The satisfaction

Responsibility Fulfill the corporate Social responsibility

Continue Continuous growth

• Paid in Capital： NT$ 770,000,000

• Group HQ：Guanyin Dis, Taoyuan City

• Main Services：Precision stamping、medical disposal、Automation equiptments

• Global Employees： around 1,200

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Global Presences

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Min Aik Precision(Sale Office) U.S.A

Min Aik Precision (Stamping) Taiwan

MAP Plastics (Medical Disposal) Singapore

Amould(Automation) SuZhou, China

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Group investment structure

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----- Start of picture text ----- Min AikPrecision----- End of picture text -----

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----- Start of picture text ----- (Stamping)----- End of picture text -----

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----- Start of picture text ----- 100%Esteem King Holding(Samoa) company20% 100%MATCMAP PlasticsTop Cover Plastics(Malaysia)(Singapore)(Medical Disposal100%AmouldAutomation(Suzhou, China)----- End of picture text -----

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Shareholding Structure

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----- Start of picture text ----- Beacon InvestmentMinAik Tech32.96%35.04%Taiwan Fuhsing5.40%Employees & Board Directors &Other shareholders Mgmt Team2%24.60%----- End of picture text -----

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Quality Certification

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ISO 22301

IATF 16949 ISO 9001

ISO 14001 OHSAS 18001

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Agenda

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• Corporate Info & Operating update

• Main Products

• 2018 financials

• Outlooks

• Q&A

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Stamping Products (I):

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Automotive Electronics

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HDD Components

Heat Sinks

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Stamping Products (II):

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Camera module parts

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Clip

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Automation Equipment(I): Label-Stamp Series

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Handphone Hi-Speed Cover Label stamping Stamping system

VR Label Stamping in Clean Room

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Automation Equipment (II):

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Integrated Test Line

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O Ring assembleing

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Screw-Fasten Systesm

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Magnet Test Machine

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Bio-Tech and Medical products:

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Agenda

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• Corporate Info & Operating update

• • Main Products

• 2018 financials

• Outlooks

• Q&A

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Income statement

Unit：NT'000

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2016

2017

2018

Revenue 2,632,106 100% 2,469,384 100% 2,073,532 100% Cost of sales 1,934,130 73.5% 1,968,624 79.7% 1,713,429 82.6% Gross profit 697,976 26.5% 500,760 20.3% 360,103 17.4% Operating Expenses 424,574 16.1% 389,767 15.8% 413,436 19.9% Operating Income 273,402 10.4% 110,993 4.5% (53,333) (2.6%) Non-operating 43,395 1.6% (92,026) (3.7%) 19,124 0.9% Income and expenses Net Profit Before Tax 316,797 12.0% 18,967 0.8% (34,209) (1.6%) Income Tax Expense 89,168 3.4% 2,454 0.1% 22,558 1.1% Net Profit 227,629 8.6% 16,513 0.7% (56,767) (2.7%) - - - EPS 2.96 0.21 (0.74)

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Comprehensive Income

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----- Start of picture text ----- UNIT：%70%60%55%50%50% 47% 48%9%21% 8%10%40%32%30%29%30%23%21%20% 40% 41%37%16% 16%34%12%10%6% 6%5%4%0%2015 2016 2017 2018----- End of picture text -----

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Net Profit and Dividend Allotment

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NT$M

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----- Start of picture text ----- NT$4,000 8.03,000 6.02,000 4.01,000 2.00 0.0-1,000 (2.0)2015 2016 2017 2018Revenue Net Profit EPS Dividend/Capital Surplus----- End of picture text -----

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Unit：NT'000

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Balance Sheet

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	2016/12/31	2017/12/31	2018/12/31
Current Assets	2,331,564	2,176,754	1,900,436
Non-Current Assets	630,326	626,168	1,257,285
Total Assets	2,961,890	2,802,922	3,157,721
Current Liabilities	905,500	858,582	897,168
Non-Current Liabilities	67,263	117,648	531,393
Total Liabilities	972,763	976,230	1,428,561
Common Stock	770,000	770,000	770,000
Capital Reserve	758,285	758,285	731,335
Retained Earnings	517,222	360,275	292,772
Other Equity	(56,380)	(61,868)	(64,947)
Total Equity	1,989,127	1,826,692	1,729,160
Total Liabilities andEquity	2,961,890	2,802,922	3,157,721

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Cash flow statement

	201620172018Cash flow from operatingactivitiesCash flow from investing activitiesCash flows from financingactivitiesEffect of Exchange Rate ChangesNet cash flowCash at Beginning of YearCash at end of yearUnit：NT'000116,40943,479245,527(44,872)(82,659)(778,924)270,098(121,464)447,414(29,820)(13,657)(5,795)311,815(174,301)(91,778)954,9131,266,7281,092,4271,266,7281,092,4271,000,649

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Agenda

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• Corporate Info & Operating update

• Main Products

• 2018 financials

• Outlooks

• Q&A

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Outlook:

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Value-Added products development & research

Delively allocates group resources more

Business model with higher flexibility

Search for business development opportunities

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Agenda

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• Corporate Info & Operating update

• Main Products

• 2018 financials

• Outlooks

• Q&A

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Q & A

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Thank you!

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