Y.C.C. — Annual Report 2014

Jun 9, 2015

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Global Major Automotive Parts Supplier
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Index:
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1 Corporate Introduction 2 Industr Overview y 3 Corporate Performance

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1 Corporate Introduction

1.Company Information 2. Company History 3. Business Philosophy 4. Main Products and Raw materials

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1. Corporate Introduction

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Company Information

Company Address ： No.8 Xingye Rd., Lukang Town, Changhua County, Taiwan, R.O.C.

Founded Date ： March.7, 1986 Main Products ： Auto Parts Manufacturing and Sales Paid in Capital ： $ 759,259 thousands NTD Number of Employees ： 301 (updated to Feb.28, 2015) President ： Lin Shi-Yun Chief Executive Officer ： Lin Yi-Hong

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1. Corporate Introduction

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Company History

• 1986 Founded in Taipei Shu-lin/Paid in Capital ： 1,000 thousands NTD

• 1989 Computerized operations launched

• 1990 – Certificated by ISO9001/QS9000

• Production line certificated by American Association of CPA

• 2001 Product certificated by USA CAPA Association

• 2003 Certificated by USA MQVP

• 2004 - Moved to Lukang

• Set up warehousing & logistics systems and enabled

• ERP system launched

• 2005 Set up automatic electroplating production line

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1. Corporate Introduction

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Company History

• 2006 Set up Second Injection Factory, Office building and dormitory

• 2008 Added 30 container terminals enabled

• 2010 Set up Mold factory/ laboratory certificated by ISO17025

• 2012 Public offering of stock and listed

• 2013 Third injection facility enabled

• 2015 Cash capital increased issuance of new shares 10 million shares,

NT$ 10 per share denomination, totaling NT $ 100 million

• 2015 Acquired 75.765 % stock share of China First Holdings Limited, and 100%

stock share of Changshu Guanlin Automotive Trim Co., Ltd.

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1. Corporate Introduction

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Operation Philosophy

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SINCERITY
INNOVATI ON PRAGMATIC
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1. Corporate Introduction

Main roducts and Raw materials p

Main Product	Main purpose or function	Material
Bumper	The overall exterior styling of the vehicle, Ensure the safety of vehicles	ABS and PP Plastic material
Grille	Enhance the beauty of vehicle body, directs air into the engine room for cooling.
Air Deflector	The overall exterior styling of the vehicle, maintain smooth ride.
Head Lamp Mounting bracket	Installation of headlights, strengthen the structure.

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2 Industr Overview y

1.Industry Introduction and Supply Chain

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2. Industry Overview

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Vehicle & Auto Parts (OE) Industry Chain

• (in progress) Plastic and Glass Industry • Steel Industry

• • Petrifaction Industry

• • Electrical Machinery Industry

• Tier 1 • Electronics Industry Auto Parts

• Tier 2

  • Vehicle Manufacturers

• Vehicle Maintenance Venders

• Manufacturer (incl. traders )

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2. Industry Overview

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Auto Parts (AM) Industry Chain

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First Level Plastic Material
(ABS, PP, etc.)
Second Level
Auto Parts
(Bumper, Grille, Air Deflector, and
Head Lamp
Mounting Bracket)
Last Level
Exporters
Distributors
Retailers
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3 Corporate Performance

1. Revenue status over the years

2. Profit and loss situation over the years

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3.Corporate Performance

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Revenue status over the years
(Unit : NTD thousand dollar)
1,439,884
1,400,000 1,222,786
1,157,780
1,120,959
1,060,219
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
2010 2011 2012 2013 2014 14
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3.Corporate Performance

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Sales status and Profit analysis

1,000 NTD

ITEM YEAR	2010	2011	2012	2013	2014
Revenue	1,060,219	1,120,959	1,157,780	1,222,786	1,439,884
Margin	299,575	333,008	382,849	411,827	517,547
Gross Margin Rate	28.26%	30%	33%	34%	36%
Net Profit	92,462	171,102	168,470	220,130	301,050
EPS	1.64	2.84	2.63	3.33	4.57

Remark: EPS was lower in 2010, it is caused by impairment loss and recognized exchange rate losses, which was follow the provisions of Bulletin No. 35.

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