WELLTEND — Interim / Quarterly Report 2023

Nov 21, 2023

WELLTEND TECHNOLOGY CORPORATION Company Information-2023 Q3

TWSE Code: 3021

2023/11/21

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Disclaimer

The information on this document is intended to be for reference and general information purposes only. It does not purport to be comprehensive nor to provide any investment or other professional advice. Welltend Technology Corporation does not warrant or represent that such information is complete, accurate or to date. Users should base on the information or announcement in Market up public Observation Post System(MOPS), to find the financial and business information.

If there is any inconsistency or ambiguity between the English version and the Chinese version, the Chinese version shall prevail.

A enda g

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About Wire Harness System Performance ESG Q & A WELLTEND Business Integration and Group Business Prospects Group

Business Introduction

Wire harness business group：

System integration business group：

Our services Including : networking information security, cloud service design & setup, GIS software development and customize service, professional IT consulting, our service network covers each corners of the country, fully enhances customers‘ competitive advantages. We are your best partner of information consulting.

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Wire harness and connector both are key component of electronic products. It is responsible for transmitting electronic digital signals and connecting the information transmission bridge between electronic products. It is an important and indispensable part.

With more than 50 years experience, we have professional engineers and modernization equipments, we specialize in the production of various wire harness, key electronics components. Diversified customized products and flexible production capacity, and the persistence of quality and service from Japanese customers, become long-term supplier for customers.

WELLTEND has a strong management team, professional engineers, advanced equipment and excellent manufacturing capabilities, towards future advanced investment.

1

History

Transition Expanding Keep Going 2017 2022 20232023

Restructure

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Established Development Restructure
1993 2002 2009 2017
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Company Share listed in Wire harness Invested in Revenue over Invested in established main board group joined Thailand TWD 390 India (TWSE) Invested in China Revenue over million TWD 200 million

2

Our Team

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Audit
Committee
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Management Center

• Group information, business strategy, investors message

Human resources, legal affairs, information, procurement, accounting etc.

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Board of Director
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GM
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System Integration BU

• IT system equipment planning, setup and sales

• MIS outsourcing, on site engineer service

• System/software engineering project

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Remuneration
Management
Committee
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Wire Harness BU

For local and international market, wire harness and connectors business

• manufacturing, promotion, development and sales

3

Wire Harness Group

IT equipment >> AI server/ transmission line

Industrial Use

machines/ mechanical arm

Medical

medical equipment

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Smart Home Appliances >> AC/ washing machine/TV vacuum cleaner/ refrigerator

Automotives

IVI system/ security system/ HUD/ EV/ EV charging cable

Office Automation >> MFP/ printer

4

Regional Locations

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Factory in Kunshan
Factory in Huizhou
HQ in Taiwan
Factory in India Factory in Philippine
Factory in Thailand
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5

-- Production Base China

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East China
KUNSHAN
South China
HUIZHOU
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6

-- Production Base South East Asia

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Thailand
Celeraise (Thailand) Co.,
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Philippines
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Celeraise Electronic Co.,

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2020 Q1
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7

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2020
2021
2022
2023
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Expand Opportunity

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8

Physical Exhibition

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No
Distance
No
Time
Gap
360°
Full-Range
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Online Exhibition

10

System Integration BU

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Consultant Service

Consulting, IT equipment planning and customization Professional Team Best technical team with more than 200 engineers One-Stop Service Distributing SW & HW to solve various problems ISO 27001 ISO27001 certification for IT security

Goal Achieving

Engineering team everywhere in Taiwan 7x24 support Meet customers business needs

1 14

Products and Service

┃ IT Security ┃

Data protection/Antivirus/ Anti-ransom/monitoring/ Security consulting services

┃ Clouds ┃

Consulting for cloud construction AWS/ Azure/ GCP/ Oracle Cloud/TWS

┃ Software ┃ Solution ┃

Customize BPM Flow/ 5G & network geospatial data management system /RPA

┃ Services ┃ Consulting ┃ Maintenance ┃ 7*24 uninterrupted service / Onsite service/ Network integration/ Professional consulting services

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┃ Network & Data Center Deployment ┃

Data center/ 5G network/ Professional Wireless Hotspot Analysis Services

┃ Infrastructure Construction ┃

Completely sales & deployment services/ Comprehensive one-stop services - SW Network design/Security/Backup/Cloud service/ Virtualization / Web analysis/ GIS HW- PC/NB/Server/Storage/Netcom/HCI/Backup

12

Principal Partner

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Personal
equipment
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Network
equipment
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IT
Security
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Software
application
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100+
PARTNERS
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Major Clients

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Banking Banks, securities, insurance companies

Governments Central and local governments

Enterprises Listed companies, foreign business in Taiwan Public services Hospitals, universities

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鴻名企業WELLTEND 2023Q32023Q3 14
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From SI to AI

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Build Intelligent Enterprises

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Security Combined with information security

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Network Optimize network architecture

Analytics Artificial Intelligence Analysis

Big Data Combined with big data

1 25

Sales Category

• The quarterly revenue curve is almost consistent with 2022.

• Long term margin is stable.

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1,200 500
1,106
450
1,007
1,000
905 400
890
350
774
800 746
691
300
600 250
201
191
176 200
400 155 149 Revenue
132 134 150
Margin
100
200
52 57 51 Net Profit
40 35 29 50
10 ( TWD / Million )
0 0
2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3
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16

Income Statement Summary

 2023 cumulative revenue affected by the destocking of end customers less than 2022.

TWD / Thousand

	2023Q3 2022Q3		2023 Q1-Q3 2022 Q1-Q3
	Amount ％ Amount ％		Amount ％ Amount ％
Revenue	774,476 1,105,877		2,211,056 3,003,012
Margin	148,924 19 200,593 18		414,687 19 567,997 19
Expense	101,831 13 122,254 11		291,255 13 349,227 12
Profit	47,093 6 78,339 7		123,432 6 218,770 7
Non-operating Income	(5,662) (1) 13,346 1		12,690 - 25,457 1
Profit Before Tax	41,431 5 91,685 8		136,122 6 244,227 8
Income Tax	31,324 4 34,648 3		45,516 2 94,910 3
Net profit	10,107 1 57,037 5		90,606 4 149,317 5
EPS			0.94 1.55

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Business insight

Wire Harness Group

System Integration Group

• To expand high added value products in Europe, America and Japan market

• Breaking territorial limitation, and seamless integration

• Deepen the proportion of automotive electronic products

• Increase long-term, stable service income

• Expansion of manufacturing base in Southeast Asia

To enhance competitiveness

• Intelligent Connectivity ～ Integration of network and information security To strength customer engagement

. Revenue & Profit growth

18

ESG Sustainable Development

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19

Environmental

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Accredited ISO14001 Environmental Management Systems

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Implement Energy-Saving Measures -- Lighting savings > 5% -- Paperless policy 1 -- Green procurement

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— Circular Resources Biodegradable Packaging

209

Social

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添加
标题
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1
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2 3

Talent Cultivation IT Security Friendly Workplace

219

Governance

01 Board Diversity

Information Transparency

02

03 Good Internal Control

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239

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Spokesman

Email

TEL

黃小菁Emmy Huang 潘憶倫Anne Pan ir@welltend.com.tw (02)8768-2688#8843