Shuttle — Investor Presentation 2017

Aug 31, 2017

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Shuttle Inc. 浩鑫股份有限公司 Investment Forum Speaker: Andy Huang 2017.09.01

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Disclaimer

• This material has been prepared by Shuttle Inc. (“Shuttle”). Any opinions expressed in this material are subject to change without notice as a result of using different assumptions. Shuttle is under no obligation to update or keep current the information contained herein.

• Statements made in this presentation include forward-looking statements, which include, without limitation, statements about the issues, plans and expectations of Shuttle. Without limiting the foregoing, statements including the words “believes”, “anticipates”, “plans”, “expects” and similar expressions are also forward-looking statements. Forward-looking statements reflect, among other things, management’s plans and objectives for future operations, current views with respect to future events and future economic performances and projections of various financial items. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those implied by such forward-looking statements.

• The information and materials contained in this presentation that may not be copied, reproduced, modified, published, posted, transmitted, transcribed, distributed or translated into any language in any form and in any way without Shuttle s prior written permission.

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AGENDA

 Basic Information

 Product Introduction and Case-studies

 IoT Solutions

 Finance Performance

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Shuttle Inc.(Stock Code:2405)

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▪ Established 1983; Listed in 1998

▪ Employees: 1200 persons in global ； R&D team:500 persons

Smart Solution Designer and Provider for Vertical / Commercial Applications

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• Capital: US$1.1B

• Address: No.30, Lane 76, Rui-Guang Rd, Nei-Hu Dist, Taipei City, 104

• Accounting Firm ： Deloitte

• Business Project: XPC (mini-PC) ； ODM (Notebook)

Smart Long-term Care IT solutions IoT application solutions

Shuttle Confidential

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融合硬體製造、創新設計、軟體開發、銷售等優勢
跨足教育、智慧家庭、照護領域提供完整解決方案

2017

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Launch VR-ready mini-PC Complete the Smart Long-term Care solution including Nursing home, Day

2016

Shuttle’s first In-home care solution Made for Elderly home care

Grant the 4G application project bid of Social and Family Affairs Administration, Ministry of Health and welfare.

Brand New 0.5-Liter XPC Nano Form Factor

2015

Shuttle’s first IoT Solution named Smartville used in Smart home application

2012 Received “Slate-Tablet PC Product Category Rules”, “Environmental Product Declaration”, “Carbon Footprint”

2014

HR70 Facial Recognition System Adopted by International Airport and Harbor in Taiwan 2013

2001-2009 Won IF, Reddot, Good Design and National Golden Quality Award

Won Thai Government Software Bid for Education Shuttle’s first Face Recognition system HR70

智慧安養
解決方案
第一品牌

2009-2017 Continuous Won Japan BCN from 2009 to 2017

2011

Launch EDUPAL smart Education Solution

2001

1998

The world’s first Market Listed Small Form Factor PC

1983

Shuttle Established

Shuttle Confidential

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Shuttle Core Business

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Own-Brand Application PC
Mini-PC
•
• Min-PC •
• Digital Signage Player
• Face Recognition System
Core
Business
• Notebook
• Tablet
• AIO PC
• Gaming PC
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Smart Application

Software/System Integration

• Software design for Vertical

• • IoT solution for smart home, Education, Elderly-care and so on

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Portable ODM Product
Portable Hardware
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Hardware ＋ Software ＋ User=Smart Solution Provider

As a Smart Solution Provider, Shuttle dedicated in Hardware and Software research, development and integration. • XPC

• XPC • EDUPAL

• • All-in-One • SMARTVILLE • Notebook Software • Smart Elderly Care •• Tablet 2-in-1 Hardware Design Design • Face Recognition • Access Control • Digital Signage

• • Retail Vertical • Solutions Face Recognition

• • Education Target • Smart Education

• • Security • Smart Home • Home Automation • Smart Elderly Care

• • Elderly Long Term Care

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Branch and Sales Office ： USA, Brazil, German, Hong Kong, China Manufacturing ： Shenzhen, China, Suzhou, China

Shuttle Confidential

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Product Introduction & Case-studies

Shuttle Confidential

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• Patented Thermal Module

• 24/7 Non-stop Certified

• Small Form Factor Design

• Reliable and Performance

Shuttle Confidential

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Industrial-level mini-PC The Expert of mini-PC and thermal

Grant 485 patents in mini-PC and notebook, of which 50 patents in thermal technology.

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Shuttle Confidential

XPC cube 13 Liter

R4/R6/R8 chassis

• I.C.E 2 heat-pipe module

• 500W 80Plus Silver PSU

• 300W 80Plus Bronze PSU

• Features of R8 model:

• With new mechanism, the R8 model can be installed up to four 3.5” HDDs.

• High-end Graphic Card Supports

Suitable for Large and multiple screens video wall, School PC, Mini-Server and Surveillance system

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Shuttle Confidential

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XPC slim 1 & 3 Liter

• Wide-application for vertical use

• • 4K UHD video playback

• Multiple I/O port to peripheralrich needs

• Supports Intel Celeron, Core i3/i5/i7

• 24/7 non-stop operation

• High Stability

• Fan-less design of DS series

Suitable for KIOSK, Digital Sigange, Menu-board, Video Conference System, Thin-Client

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Shuttle Confidential

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XPC slim 1 & 3 Liter

“The Shuttle DS81 is an efficient and powerful machine, and the response and reboot time is extremely quick.”

• Edward D'Angelo, Manager Systems Support at JFKIAT

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Shuttle Confidential

XPC nano 0.5 Liter

• 4K UHD playback supports

• • Compatible with Windows, Linux and ARM

• The NS series is pre-install Shuttle house design signage software DS Creator 2.0, which supports both window and mobile phone version.

• Suitable for HTPC, and Digital Signage for small retail store

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Shuttle Confidential

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XPC aio 15.6 inches

• Fan-less design

• • 16:9 Touch Screen

• Full-HD Supports

• IP54 Front Panel

• Triple Display Output

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Shuttle Confidential

Suitable for POS, POI, queuing system, Home Contral AIO PC

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人臉辨識 BR06

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• 7-inches All-in-One

• IR Camera and Color Camera

• Supports RFID and Fingerprint recognition

Suitable for access control for home, enterprise and factory, VIP management, Smart Factory, Smart Warehouse

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Shuttle Confidential

VR Ready XPC Series

VR content requires a powerful PC with great supports in CPU and GPU. Shuttle XPC features compact size, expandability and advanced thermal technology which make it suitable for VR applications. Suitable for VR Game, VR simulated training

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Shuttle Confidential

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Shuttle ODM Ecosystem

• Shuttle Standard Motherboard Design Concept (SPA)

• Common Part Design System

• High Suppl Priority and Flexibility to LOEM : Product ID, Delivery, Product Combinations

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• Control Over Product Initiative

• Fast R&D Lead Time

• Own ID and Change ID at much affordable cost

• Competitive total cost versus MNC

• Quality Control

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Shuttle Confidential

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Notebooks, AIOs, SFF PCs…

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Tablets, Education PCs…

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Shuttle Confidential

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SMART IOT SOLUTIONS BIOMETRICS, EDUCATION, ELDERY-CARE and More

Shuttle Confidential

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We all will get old one day, so it's vital we start to treat old care as a priority.

Shuttle Confidential

Shuttle Smart Long-Term Care Solution

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Smart Care Cloud
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Long-Term Care2.0 Platform

Nursing Day-Care Center Community Care In-Home Care Home

O2O Care Service Platform Data Sync Flow

Integrate IoT related Peripherals and Devices

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Performance in Long-Term Care

• 衛福部社家署智慧社區照顧北部示範場 域建置計畫 (Government Bid)

• 發展平衡訓練系統應用

• • 發展智慧送藥

• 新北市政府合作智慧城市長期照顧項目

• 新北市衛生局合作黃金自立給付包跨專 業同步系統

• 發展長照 2.0 系統

Long-term Care 2.0 system

• 智慧居服管理系統開發 In-Home Care System

• 安養中心管理系統合作開發 Nursing Home management system

• 大陸山東省濰坊市民政局合作 China Local Elderly-Service

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O2O Long-Term Care Service

 以雲端管理平台提供服務 (Cloud Management Platform)

 形成照顧產業聚落型服務 (Care Service Industry Cluster)

• 整合提供商的服務零碎時間 (Service Integration and Management Efficiency)

 提供彈性化的品項建置 (Flexibility and Versatile Service)

• 促成多元服務項目 (Service Engagement)

• 合作營運拆帳 (Payment Flow Management)

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IOT SOLUTIONS FOR Retail

SMART “Grab and Go” SHOP SMART Self-Service GYM SMART B&B Solution for travel and local stay

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2017 H1 Finance Performance

Shuttle Confidential

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103 年迄 106 年 Q2 簡易損益表 2014 to 2017Q2 Income Statement

In Thousands of NT Dollar	In Thousands of NT Dollar	In Thousands of NT Dollar	In Thousands of NT Dollar	In Thousands of NT Dollar
	103年(2014)	104年(2015)	105年**(2016) **	106Q2(2017Q2)
營業收入Revenue	6,767,795	5,027,166	4,188,815	2,377,418
營業成本Cost of Sales	5,857,724	4,342,544	3,367,974	2,109,414
營業毛利Cross Profit	910,071	684,622	820,841	256,156
營業費用 Operating Expense	1,047,352	937,641	812,878	384,491
營業利益（損失） Operating Income	-135,025	-254,521	7,963	-128,335
營業外收入及支出 Total Non-Op. Income & Exp	-125,662	15,446	-95,772	85,736
稅前淨利（淨損） Pre-Tax Income	-260,687	-239,075	-87,809	-32,804
基本每股盈餘（元） Earning Per Share	-0.71	-0.63	-0.29	-0.1

Shuttle Confidential

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106 年第二季簡易損益表 2017Q2 Income Statement

In Thousands of NT Dollar

	106年第2季 (2017Q2)	106年第2季 (2017Q2)	105年第2季(2016Q2)	105年第2季(2016Q2)
	金額	%	金額	%
營業收入合計 Total of Operating Revenue	1,398,204	100	1,056,055	100
營業成本合計Total of Cost	1,251,752	89.53	842,875	79.81
營業毛利（毛損） Gross Profit	146,452	10.47	213,180	20.19
營業費用合計 Total of Operating Exp.	180,886	12.94	219,797	20.81
營業利益（損失） Operating Income	-34,434	-2.46	-6,617	-0.63
營業外收入及支出合計 Total Non-OP. Income andExp.	85,471	6.11	-457	-0.04
稅前淨利（淨損） Pre-Tax Income	51,037	3.65	-7,074	-0.67
所得稅費用（利益）合計 IncomeTax Expense	3,246	0.23	2,483	0.24
本期淨利（淨損）NetIncome	47,791	3.42	-9,557	-0.9
每股盈餘 EarningPerShare	~~Shttl Cfidti~~ 0.15	~~l~~	-0.03
~~ue onena~~

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Thanks!!

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