YP — Interim / Quarterly Report 2021

Aug 18, 2021

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2021 Investor Conference

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Security Code ： 2023

2021.8.18

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DISCLAIMER

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This presentation is based on the information obtained from various sources which the company believes to be reliable. But at some point in the future, there are a variety of factors which could cause actual results to differ materially from those statements. Therefore, please refer to the information on MOPS website as the main basis if any adjustment has been made. (http://mops.twse.com.tw/mops/web/index)

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Introduction

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Operation Outline Corporate Social Responsibility

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Future Development

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1 2 3 4
• Introduction
1.1 Introduction of Yieh Phui Enterprise
Founder and
Chairman
Mr. Lin, I-Shou
President of
Yieh Phui Enterprise
Chairman of
Yieh Phui (China)
Mr. Wu, Lin-Maw
Revenue (NT$, billion)
2018 30.03
2019 24.97
Address：NO. 369, Yuliao Road, Qiaotou District, 2020 20.94
Kaohsiung City 82544, 2021 Q1~2 16.50
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Date of Founding： March 20, 1986 Listing Date： July 28, 1995 Number of Employees：1,348 (Jun. 30, 2021) Capital：NT$ 18.91 billion (Jun. 30, 2021)

Consolidated revenue (NT$, billion)

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2018 73.86
2019 59.69
2020 55.42
2021 Q1~2 41.82
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• Introduction

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1.1 Introduction of Yieh Phui Enterprise

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Products:

Hot-Dip Zn Coated/5% Al-Zn Coated/55% Al-Zn Coated Steel Coils and Pre-Painted Steel Coils

Production Flow Chart:

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Material Procedures Products
Hot-Rolled Hot-Rolled Pickled
Steel Coils Pickling Steel Coils
Packaging
Cold-Rolled Full And
Cold Rolling
Hard Steel Coils
Warehouse
inbound
Cold-Rolled
Hot-Dip Hot-Dip Galvanized
Steel Coils Galvanizing Steel Coils
Pre-painted
Coil Coating
Steel Coils
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• Introduction

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1.1 Introduction of Yieh Phui Enterprise

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Application of galvanized steel coil

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3C & Appliances 9.20% Pipes 6.76%

Farming Usages 2.24% Automobile Parts 0.38%

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General Uses
(substrate, roll forming)
33.98%
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Construction (Interior Decorating) 47.44%

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Solar Panel Bracket

Decking

Silos

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Oil Filters for Automobiles

EMT Steel Pipes

C、Z Purlins

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• Introduction

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1.1 Introduction of Yieh Phui Enterprise

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Application of pre-painted steel coil

3C & Appliances 3.30% Automobile Parts 0.37% Interior Decorating 7.47% Farming usages 0.11% Construction 88.75% Hospital & Home Electronic Office appliances Appliances Devices Roofing & Siding Garage PVDF of Industrial Doors Clean ColorCool® Factory

Hospital & Office appliances Anti- Microbial Plus Roofing & Siding of Industrial Factory

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• Introduction

1.2 Consolidated revenue of 2021 Q1~2 (by company)

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Others 1.32% Yieh Phui AWID 0.29% EMMT 0.41% Enterprise 36.03% Lianfa (Tianjin) 2.03% Shin Yang 3.80% Yieh Hsing Consolidated 8.19% Revenue NT$ 41.82 billion Yieh Phui (China) 47.93%

Yieh Phui Enterprise 36.03%

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• Introduction

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1.3 Consolidated revenue of 2021 Q1~2 (by product)

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Consolidated revenue of Galvanized & Pre-painted steel is over 72%

Others 3.87% Electronics 0.72%

Hot-Dip Galvanized Steel Coils 45.37%

Steel Structure & Cranes 0.74% Steel Pipe 3.53%

Cold-Rolled Full Hard Steel Coils 10.81%

Hot-Rolled Pickled Steel Coils 0.03% Wire Rod 7.62%

Pre-painted Steel Coils 27.31%

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• Introduction

1.4 Consolidated revenue of 2020 Q1~3 (by area)

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Europe
9.56%
Asia
51.52%
Others Taiwan
25.48%
0.07%
Australia
1.86%
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America
11.51%
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Introduction

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Operation Outline Corporate Social Responsibility Future Development

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• Operation Outline

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2.1 Chart for the trend of consolidated revenue

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NT$, billion
80.00
70.00 73.86
71.16
60.00
59.69
55.42
50.00 52.85
40.00
41.82
30.00
25.36
20.00
10.00
-
2016 2017 2018 2019 2020 2020~Q2 2021~Q2
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 The consolidated revenue for the first two quarters of 2021 was NT$ 41.82 billion, which was 64.9% higher than the consolidated revenue of the same period of 2020, NT$ 25.36 billion.

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• Operation Outline

2.2 Chart for the trend of consolidated operation

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 16.00%
Gross profit margin 13.64%
11.00%
12.00%
8.85%
8.00% 7.00%
8.00%
5.00%
4.00%
0.00%
2016 2017 2018 2019 2020 2021~Q2
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 Consolidated net profit after tax

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NT$, billion
6.00
5.18
4.00
2.38 2.29
2.00 1.35
0.27
-
2016 2017 2018 2019 2020 2021~Q2
(2.00)
(1.70)
(4.00)
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 Earnings per Share
(Equity accrued to the parent company)
NT$/Share
1.50
1.37 1.20
1.00
0.73
0.39
0.50
0.16
0.00
2016 2017 2018 2019 2020 2021~Q2
(0.50)
(0.73)
(1.00)
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• Operation Outline

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2.3 Consolidated profitability and financial structure

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NT$, billion/unit

Item/Year	2016	2017	2018	2019	2020	2021~Q2
Sales Revenue	52.85	71.16	73.86	59.69	55.42	41.82
Gross Profit	7.21	6.30	5.91	2.55	4.15	4.72
Sales Gross Profit Margin(%)	13.64%	8.85%	8.00%	5.00%	7.00%	11.00%
Sales Income	3.84	2.21	1.46	(0.90)	1.13	2.49
Net Profit before Tax	3.37	1.81	0.36	(1.99)	0.58	2.95
Net Profit after Tax	2.38	1.35	0.27	(1.70)	0.52	2.29
Net Income Attributable to: Owners of the Parent Company	2.50	1.37	0.31	(1.40)	0.74	2.27
Net Income Attributable to: Non-controlling Interest	(0.12)	(0.02)	(0.04)	(0.30)	(0.22)	0.02
Earnings per Share (NT$)	1.37	0.73	0.16	(0.73)	0.39	1.20
Debt /Assets (%)	63.13%	66.02%	65.95%	67.23%	66.88%	66.87%
Current Ratio (%)	102.10%	100.90%	93.56%	75.73%	76.15%	96.45%
Quick Ratio (%)	54.28%	48.21%	42.74%	35.44%	28.07%	28.99%
Interest Expense	0.79	1.12	1.26	1.32	1.15	0.62
Shares (thousand shares)	1,718,090	1,821,176	1,875,811	1,913,328	1,890,570	1,890,570
(IFRSs, International Financial Reporting Standards)

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2.4 The trend of the sales of coated steel products

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10,000 metric ton

Sales of Yieh Phui Sales of Yieh Phui (China) Consolidated Total Sales

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200 193
187
184 185
178
180 166 172 166 169 167 167
162
154
160
143 144
89
140 130 49 49 84 82 95
69 85
11 68 67 74 81
120 48 54 70 109
100
80 56
60 119 117 119
40 95 90 98 100 95 93 100 86 93 103 104 92 84
53
20
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021~Q2
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Note: the chart above does not include Sales of cold-rolled full hard steel/cold-rolled annealed steel of Yieh Phui (China). Up to the second quarter of 2021, the sales of coldrolled full hard steel/cold-rolled annealed steel of Yieh Phui (China) is 205,967 metric tons.

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• Operation Outline

2.5 The price trend of materials: Hot-rolled steel coils

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Taiwan

China

NT$/metric ton (tax excluded)

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30,000
25,000
20,000
15,000
10,000
Source: Yieh Phui
RMB/metric ton (tax included)
8,000
6,000
4,000
2,000
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21
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， Source: Custeel.com (Shanghai Market, Benxi Steel SPHC 2.75mm)

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• Operation Outline

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2.6 The price trend of products

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NT$/metric ton (tax excluded)
45,000
Domestic sales
(Taiwan) 30,000
15,000
FOB, US$/metric ton (tax excluded)
1,500
Exports
(America) 1,000
500
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Pre-painted Steel Coils Hot-Dip Galvanized Steel Coils

RMB/metric ton (tax included)

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10,000
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8,000
6,000
4,000
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21
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China
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Sales of Yieh Phui (China)

Source: Yieh Phui

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Introduction

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Operation Outline Corporate Social Responsibility

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Future Development

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Corporate Social Responsibility

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3.1 Corporate Social Responsibility (1/3)

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Economics 2020
No
CSR report corruption
No
third party & Yieh Phui
violation of
verified violation ranks export
anti-competitive,
500 [th ]
anti-trust &
in 2019
monopoly
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• Revenue is NT$ 55.42 billion and creates 1,381 jobs in 2020.

• 2020 the Seventh Corporation Governance Evaluation ranks top 21-35%.

• Accomplishing board of directors, directors-self-and functional committee review in 2020.

• CommonWealth Magazine top 2,000 Taiwan manufacturing companies for 2020, Yieh Phui ranks 74[th] and ranks 3[rd] in Metallic Raw Materials Category in Steel Industry.

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• Corporate Social Responsibility

3.1 Corporate Social Responsibility (2/3)

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Environment 2020

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Controlling 216 poisonous materials

Greenhouse gas

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Disburse NT$28.98 million for environment protection Saving energy of 12,918 GJ

Water environment watch

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Active participation for UN homeland environment watch certificate

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Pingtung plant awarded safety, hygiene management efficacy good award

re-use ratio improved to 36.7%

Energy Saving and Carbon Reduction

Poisonous Material Management

Efficacy of Environment Management

Yieh Phui has finished 18 energy management projects and saved electricity of 12,918 GJ, carbon emission reduced approximate at 751.2 metric ton CO2 e/year, including manufacturing heat processing temperature optimization saving natural gas, manufacturing warm up period lowering rotation of fans saving energy, and participating Tai-power electricity demand responsive loading management.

Awarded ISO 14001 Environmental System Verification, ISO 50001 energy management system verification, greenhouse gas investigation proclamation. The greenhouse gas emission for the whole plant in 2020. Range 1: 62,047 tons CO2 e/year. Range 2: 68,047 tons CO2 e/year. (The coefficient for 2020 has not been released yet. The figure of 2019 is used instead.)

Passing verification of poisonous materials management system IECQ QC 080000 HSPM, the first steel company to be compliant with EU RoHS environment protection instruction management system, in 2020 there are 216 items under Yieh Phui RoHS and REACH controlled materials

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1 2 3 4
• Corporate Social Responsibility
3.1 Corporate Social Responsibility (3/3)
Society 2020
Best employees to be elected by
the body of the whole employees
Gold medal of personnel development (Yieh Phui 15 people/year)
awarded by the Ministry of Labor (Yieh Phui China 15 people/year)
Four major employee insurance
VR coater operation
NT$10.2 million per person
Electronic voting for employee Yieh Phui donated NT$1.52 million
representative into social activities
Investing NT$12.41 million in Introduction of health check-up
employee health and care instrument on body and mind
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Personnel training

Establishing Steel Elite Project and promoting internal successor/key personnel reserve project and implement staff reserve and take-over training

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Personnel Safety

Establishing 14 main themes for manufacturing safety and the improvement rate is 97.9%

		Establishing 14 main themes for manufacturing safety and the improvement rate is 97.9%
		Social participation: social care, education, medical development and community activities Yieh Phui Subsidiary Total 2020 Q1~4 1.52 4.33 5.85 2021 Q1~2 6.11 1.32 7.43 (NT$, million)
		Social participation: social care education medical development an
		, , Yieh Phui Subsidiary Total 2020 Q1~4 1.52 4.33 5.85 2021 Q1~2 6.11 1.32 7.43 (NT$, million)

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Introduction

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Operation Outline Corporate Social Responsibility

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Future Development

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4.1 Prospects for major markets (1/3)

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World economic outlook : latest growth forecast

(Real GDP, annual percentage change) Predictive Value 2020 2021 2022	(Real GDP, annual percentage change) Predictive Value 2020 2021 2022	(Real GDP, annual percentage change) Predictive Value 2020 2021 2022	(Real GDP, annual percentage change) Predictive Value 2020 2021 2022		Predictive Value 2020 2021 2022	Predictive Value 2020 2021 2022	Predictive Value 2020 2021 2022	Predictive Value 2020 2021 2022
					Emerging Markets and Emerging Economies -2.1		6.3 5.2
World Output	-3.2	6.0	4.9
High-income Economies	-4.6	5.6	4.4
					Asia Emerging Markets and Emerging Economies	-0.9	7.5	6.4
America(1)	-3.5	7.0	4.9
Eurozone	-6.5	4.6	4.3		China(2)	2.3	8.1	5.7
Germany (4)	-4.8	3.6	4.1		India(5)	-7.3	9.5	8.5
France(6)	-8.0	5.8	4.2		ASEAN	-3.4	4.3	6.3
Italy (9)	-8.9	4.9	4.2		Europe Emerging Markets and Emerging Economies	-2.0	4.9	3.6
Spain(14)	-10.8	6.2	5.8
					Russia (12)	-3.0	4.4	3.1
Japan(3)	-4.7	2.8	3.0
					Latin America and the Caribbean	-7.0	5.8	3.2
Britain(7)	-9.8	7.0	4.8		Brazil(8)	-4.1	5.3	1.9
Canada(10)	-5.3	6.3	4.5		Mexico(15)	-8.3	6.3	4.2
Other high-income economy	-2.0	4.9	3.6		Middle East and Middle Asia	-2.6	4.0	3.7
					Saudi Arabia(20)	-4.1	2.4	4.8
Others
					South of Sahara, Africa	-1.8	3.4	4.1
Emerging Markets and Mid-income Economies	-2.3	6.5	5.2
					Nigeria(25)	-1.8	2.5	2.6
Developing Country	0.2	3.9	5.5		South Africa(35)	-7.0	4.0	2.2

 Source: updated from 《 World economic outlook 》 IMF, July 2021.

 Note: data and predictive value of India are listed by fiscal year, the fiscal year of 2020 and 2021 are both started from April 2020. Based on calendar year, India’s economic growth forecast for 2021 is 8.8% and 8.3% for 2022. (Included in 《 World economic outlook 》 , July 2021)  “( )” are the ranking of global GDP for 2020.

 DGBAS announced Taiwan’s GDP for 2020 is 3.11%, also on August 13[th] , 2021 announced Taiwan’s GDP for 2021 is 5.88% and 3.69% for 2022.

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• Future Development

4.1 Prospects for major markets (2/3)

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A. International Markets ：

• ① Trade War between the US and China. Restructuring of Global Supply Chains. 。

• Fighting of the Key Raw materials continues

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• ② Rising Inflation driven by Quantitative easing policy. Surge of raw materials pricing is inevitable.

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• ③ Carbon neutrality adopted by various countries. Steel needs are sparked by the new energy policies.

• ④ Major economics such as US, China, Europe and India all carried out their infrastructure projects, causing Raw materials in short supply.

• ⑤ The pandemic restricted the economic development of every country.

Export business has become extremely crucial. Whoever focuses on Europe and the US markets will win.

China

• 2021 is the first year of “14[th] Five-Year Plan” formulation and GDP growth target is 7.5%.

• Ministry of Finance and the State Taxation Administration in China has announced on May 1[st] and Aug 1[st] that part of export tax-refund on steel including pre-painted, cold-rolled and galvanized. It is expected to raise international steel prices in the later period.

• The tightened COVID-19 monitoring mechanism and serious flood among provinces in China, these factors have slowed down economic activities.

• On December 29[th] , MIIT and NDRC in China announced crude steel production of 2021 is lower than 2020. The crude steel production of 1[st] half 2021 is 563 million ton which is higher than YOY 503 million tons. It would be necessary to reduce 60 million ton in second half of 2021 to reach the goal of not exceeding 2020 total production ton. “Overall Capacity Reduction” has been the principle of steel industry since July in China in the second half of 2021.

USA

• On July 30[th] , the US Department of Commerce announced initial AD rate of anti-corrosive steel products for POR4. YP has the lowest rate,1.97%,among all Taiwanese mills.

• On Aug 10th, the Senate passed the 1 trillion infrastructure bill, which shall boost the steel demand for the next 8 years with 5 million tons demand incrementally per year.

• The GDP growth for the 2[nd] quarter is +6.5%, a slight increase on year-over-year +6.3%. In addition, Personal Consumption Expenditure has a +11.8% growth. The steel demand is supported by the Housing and Automotive Industries.

• Resurgence of COVID-19 pandemic has recorded 110k confirmed cases per day in a single week. The rising pandemic has destabilized the recovering economic.

Europe

• On July 14[th] severe floods, caused by heavy rains swept through Western European countries like Germany, Belgium, and Luxemburg. The transportation of steel products interrupted. Consequently, delivery time is delayed. It is expected that follow-up demand will be increased due to replenishment of damaged inventory and post-disaster reconstruction.

• On July 5[th] , the EU officially imposed an anti-dumping duty of 4.7% ~ 7.3% on Turkish imports of hot roll coils, which is expected to lessen the impact of low-priced material in the European market.

• The registration of new cars increased yearover-year by 10% in June, about 1.04 million vehicles more. The total sales number of cars is 25% increase in the 1[st] half of 2021. Driven by automobile industry , steel demand will sharply increase and support its price.

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Stable

Sluggish

Transitional

Transitional

Monitoring Indicators (National Development Council):

Booming

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• Future Development

4.1 Prospects for major markets (3/3)

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B. Domestic Market ： Taiwan Market

• ① Construction cost of Renewable Energy is escalating because of rising raw material prices, but further demands is still high.

• ② Rising global demand of 5G/AI and restructuring of China/US supplying chain has attracted Taiwanese manufacturers in China to go back to Taiwan.

• ③ E-commerce benefits from the pandemic. Coated steel consumption is soaring because of the need to build extra warehouses.

• ④ Globally carbon reduction issue stimulates the electric car sales, which boosts the demand of steel usage.

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• ⑤ The promotion of Anti-Microbial and Anti-Virus coated steel is facilitated by the worry of pandemic.

South East Asia

Australia

Middle East

• The Delta variant has been spreading in the S.E.A. area and has seriously impacted the economic recovery speed.

• Due to Chinese government cancelled export tax-refund on pre-painted, cold-rolled and galvanized steels on May 1[st] and Aug 1[st] , the export quantity to South East Asia from local major steel mills have reduced significantly. This may bring new business opportunities for other export-oriented countries into the area.

• As some solar bracket manufacturers moved production base to S.E.A., Yieh Phui is continuing in expanding its market share of the solar energy supply chain.

• Yieh Phui continues to increase share in the niche markets, such as AMC Plus Metallic Coated Steel, and pre-painted steel products, to be away from the competition for the commercial market.

• The Reserve Bank Australia has announced on Aug 6[th] , that it would continue the original plan on cutting debtpurchasing amount plan, and forecasted that economy rebound may be observed by the end of 2021. But it still depends on the economic contraction and how long the lock-down will be. Exchange rate of AUD to USD remained at 0.735 on Aug 9[th] .

• The Reserve Bank Australia has forecasted figures for 2021, 2022 and 2023 respectively. GDP are 4%, 4.25% and 2.5%.

• Yieh Phui continues to develop and to expand in green energy industry such as solar brackets applications.

• The international crude oil price is around usd$70 per barrel which has increased 40% this year. Many countries are successively lifting the restrictions against COVID-19, given the increased percentage of COVID-19 vaccination. This has stimulated the economic activities to recover. The demand of commodities and the raw materials is increased accordingly. The increase of the crude oil demand is expected to benefit the ME countries’ finance which will enlarge their investment. It is believed that the steel demand will be in an uptrend.

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Transitional Stable

Sluggish

Transitional

Monitoring Indicators (National Development Council):

Booming

• Future Development

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• 4.2 Prospects for major markets: 12-period of consecutive raise of Domestic raw material

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	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021	2021
Month-Year	May-20	Jun-20	Jul-20	Aug-20	Sep-20	Oct-20	Nov-20	Dec-20	Jan-21	Feb-21	Mar-21	Apr-21	May-21	Jun-21	Jul-21	Aug-21	2021/1~ 2021/8 Total
Base price of CSC	18,200	17,300	17,750	18,350	18,650	19,350	20,350	20,650	22,050	24,450	24,900	25,350	27,850	30,550	30,550	30,550	-
Price shift	0	(900)	450	600	300	700	1,000	300	1,400	2,400	450	450	2,500	2,700	0	0	9,900
Change from last month(%)	0%	(4.95%)	2.60%	3.38%	1.63%	3.75%	5.17%	1.47%	6.78%	10.88%	1.84%	1.81%	9.86%	9.69%	0%	0%	40.86%
Base price of Yieh Phui	19,350	19,350	19,850	20,350	21,050	21,850	22,450	22,950	24,950	27,350	27,850	28,350	30,850	33,850	34,350	34,350	-
Price shift	0	0	500	500	700	800	600	500	2,000	2,400	500	500	2,500	3,000	500	0	11,400
Change from last month(%	0%	0%	2.58%	2.52%	3.44%	3.80%	2.75%	2.23%	8.71%	9.62%	1.83%	1.80%	8.82%	9.72%	1.48%	0%	41.98%
15,000 17,000 19,000 21,000 23,000 25,000 27,000 29,000 31,000 33,000 35,000 37,000	18,200 17,300 17,750 18,350 18,650 19,350 20,350 20,650 22,050 24,450 24,900 25,350 27,850 30,550 30,55030,550 19,350 19,350 19,850 20,350 21,050 21,850 22,450 22,950 24,950 27,350 27,850 28,350 30,850 33,850 34,35034,350 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Price: NT$13,250/mt Increase: 58.86% ‘20/7~’21/6 CSC Hot roll coils (RRQ) Cumulative increase Raise point China Steel

Unit

(NT$/metric ton)

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Total Price Increase: NT$14,500

China Steel Total Price Increase: NT$13,250

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• Future Development

4.3 Yieh Phui Taiwan sales volume

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• Yieh Phui Taiwan’s domestic ratio is 35%, export ratio is 65%, and with a global recognition as a premium supplier of coated steel, Yieh Phui Taiwan has so far reached its sales to 137 countries, a 71% coverage of all 193 countries in the world.

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• The markets of Europe and US have gradually recovered since the forth quarter of 2020. Sales ratio of Europe market has raised from 34.87%(year 2020 with 25,000 mt/month) to 53.89%(year 2021 with 49,000 mt/month).

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49,000 mt/month).
Domestic
34.6%
43.99% Taiwan 34.61%
19,000 metric ton
22.68% Europe 30.58%
Increase
19%
12.19% America 23.31%
Export
10.75% Asia 8.15%
65.4%
Monthly average Monthly average 36,000 metric ton
7.53% Australia 2.61%
74,000 metric ton 92,000 metric ton
2020 2.87% Others 0.74% 2020 100%
Total Total Full production
2021 Q1~Q2
Same
2020 Yieh Phui Taiwan Ratio 24% Yieh Phui Taiwan Domestic & Export
Global Sales Proportion Sales Volume and Ratio
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2021 Q1~Q2
Yieh Phui Taiwan Domestic & Export
Sales Volume and Ratio
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4.4 Yieh Phui Taiwan major products: the application of materials

• Future Development

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1. Applucation of Renewable Energy

2. Application of Health and Environment Protection

•  Completion of ground, roof-top, fish-electric symbiosis projects.

•  Deeply explore the demand of Asian Pacific market and engineering projects

•  Integrate up-down stream frames processing allocation.

•  Successfully expanding the steel pipe for HVAC in the US

•  Based in Taiwan and holding onto global market.

•  Globally unique anti-virus pre-painted steel coils

• Brackets for solar power plants.

• HVAC made from efficient PhuizerGreen AMC Plus

• (ground, rooftop, and water surface)

• Decking made from ColorGreen AMC

• Power generation via farming.

• Roofing/siding for photovoltaic power projects

• (fishery & electricity symbiosis)

• (agri-power, fishery & electricity symbiosis)

• Electric generation stadiums, parking lots, energy storage,

• electric cabinets, electricity cable for bridge frames, cable tray.

• Efficient anti-virus pre-painted steel decking

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4. Application of Information Electronics

3. Application of professional building materials

•  PVF high-end pre-painted steel sheets

•  The global demand of 5G/AI dramatically increases and in turn increases the demand of servers and electric cabinets

•  Promote earthquake resistant and fire resistant combination sheet system

•  Global carbon neutral issues increases the demand for electric cars and its related steel demand

•  Strategy against C1-Cx various corrosive environment and its concomitant duration requirement

•  Growth for the demand of new energy car industry chain, such as charging station and battery packs

• PVF high-end pre-painted steel sheets

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• Metallic composite panels, Composite fire-proof external

• wall system

• Electric cabinets, server frames and slide rail

• Bridging cable

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• Cooperate with YUSCO to promote pre-painted stainless

• steel

• Components for new energy cars,

• electric car charging stations

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• Future Development

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Yieh Phui Taiwan galvanized and pre-painted steel brackets for solar photovoltaic power system

SolarKing The most durable bracket steel in the globe

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PhuizerMax SolarKing Durability
Product (Galvanized) (Pre-painted) SolarKing 2.3 mm 20 yrs
Solution Product Exclusive Thickest Ultra Durability
Features
C1~C3 C1~CX Pre-painted bracket Pre-painted steel Pre-painted bracket
corrosive environment use corrosive environment use (for ground-mounted, fishery and electricity symbiosis )
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 Adapting SolarKing to ground-mounted, roofing and fishery and electricity symbiosis cases

		Item	Type	Equip Volume	Location	Bracket Steel	Volume (metric ton)
		2019
		1	Ground-mounted	12MW	Changhua Coastal	PhuizerMax	780
		2020
	Maximum	2	Ground-mounted	144MW	Cigu, Tainan	PhuizerMax	11,000
		3	Ground-mounted	18MW	Mailiao, Yunlin	PhuizerMax	930
		2021
	1st	4	Fishery & electricity symbiosis	44MW	Yizhu, Chiayi	PhuizerMax	2,150
		5	Ground-mounted	75MW	Jiadong, Pingtung (Megrez / Alioth / Mizar)	PhuizerMax	4,000
		6	Ground-mounted	12MW	Jiadong, Pingtung (Alkaid)	PhuizerMax	590
	SolatKing Target	7	Ground-mounted	12MW	Jiadong, Pingtung (Alkaid)	SolarKing	450
		8	Ground-mounted	3.0MW	Yilan	PhuizerMax	140
		9	Roofing	1.9MW	Taoyuan Aerotropolis	SolarKing	60
		10	Roofing	1.5MW	Taoyuan	PhuizerMax	30
		11	Roofing	1.69MW	Pingtung City	SolarKing	27

 Integrated steel bracket processing chain

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Steel
EPC Construct
Material
Proprietor Paint
Ops
Bracket Process
ITRI
Insurance
Adviser
Dahan Steel (est. capacity 4,000 mt/month)
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 Based in Taiwan, embracing global market

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2012-2021 Global Photovoltaic
Target case in Taiwan Steel Brackets Sales
Maximum 2020 Fishery & electricity symbiosis 2021 Area Europe [Asian Pacific, ] Australia America
Sales 40,410 92,271 520
Total 133,201
Cigu, Tainan Yizhu, Chiayi
144MW 44MW Unit: metric ton
SolarKing 2021 SolarKing 2021 Sales in recent three years
53,339
30,588 19,808
Jiadong, Pingtung Taoyuan Aerotropolis
12MW 1.9MW 2019 2020 2021 Jan-Aug
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Our goal ： Construct a New Solar Power Island: M I T Brackets 29/32

• Future Development

Yieh Phui Taiwan PhuizerGreen® AMC Plus & ColorGreen AMC Plus®

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PhuizerGreen & ColorGreen Eco-friendly steel

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PhuizerGreen AMC Plus PhuizerGreen AMC Plus
Efficient
Product Antibacterial
Solution Product
Ducts Decking Features Galvanized Steel
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99.99 %

Antibacterial Euro & RoHs Certification Directives Complied

 Dedicate to Asian Pacific market & construction projects

		Item	Area	Case	Antibacterial Steel	Volume (metric ton)
		2018 (Total 7,236mt)
		1	Hong Kong	Kowloon HSR Station	Galvanized	100
		2	Macau	Grand Lisboa Palace	Galvanized	300
		2019 (Total 6,412mt)
		3	Taiwan	E sky Land	Galvanized	-
	Maximum	4	Singapore	Woodlands Hospital	Galvanized	5,000
		5	Hong Kong	CUHK Medical Centre	Galvanized	600
		2020 (Total 6,113mt)
		6	Hong Kong	Kwong Wah Hospital	Galvanized	360
		2021 Jan.~Aug. (Total 14,767mt, YoY +142%)
		7	Hong Kong	SKY CITY	Galvanized	800
		8	Hong Kong	How Ming Street rebuild	Galvanized	520
		9	Hong Kong	Kai Tak Mansion	Galvanized	230

 Exclusive: anti-viral pre-painted steel

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 Evaluation Institute:

BOKEN QUALITY, Osaka Japan

• Virus Type Evaluation (Activity value) :*

• Influenza A virus subtype H3N2 (Activity value 2.4)

Feline Calicivirus (Activity value 2.0)

• *Note: activity value > 2.0, anti-viral effect guaranteed.

 Based in Taiwan, holding onto America market

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2018-2021 Global Efficient
Antibacterial Pre-painted Steel Sales
America
Area Asian Pacific
(2021 Jan-Aug)
Sales 30,193 4,335
Total 34,528
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Target case in Asia
E Sky Land Woodlands Hospital
(Taiwan) (Singapore)
Kowloon HSR Station SKY CITY
(Hong Kong) (Hong Kong)
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Unit: metric ton

Sales in recent three years

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142%
14,767
6,412 6,113
2019 2020 2021 Jan-Aug
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• Future Development

Yieh Phui Taiwan categorizing construction materials for C4~CX highly corrosive environment

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 Pioneered environmental steel choice  Suitable material for suitable use & place

 Yieh Phui & Yusco: Joined forces

C1 C4 Medium salt-content area Very --High (Coast & Industrial) Low ISO9223 High humidity & corrosive C5 C2 Low-polluted atmosphere atmosphere industrial area, Atmospheric Very Corrosion Low (Rural) High salt-content coastal High area. High salt-content offshore area, C3 Medium SO2 & CX Extra high humidity & corrosive low salt-content area Extra atmosphere industrial area and Medium (Urban & Industrial) High Subtropical and tropical ISO classification diagram of zinc corrosion rate, 2020 atmosphere. Source: Institute of Transportation , MOTC

C4 High Corrosive	Coating mass/ SUS class	Top surface paint & thickness (μm)	Top surface paint & thickness (μm)	Back surface paint & thickness (μm)	Back surface paint & thickness (μm)	*Est. durability		C5 Very High Corrosive	Coating mass/ SUS class	Top surface paint & thickness (μm)	Top surface paint & thickness (μm)	Back surface paint & thickness (μm)	Back surface paint & thickness (μm)	*Est. durability		CX Extra High Corrosive	Coating mass/ SUS class	Top surface paint & thickness (μm)	Back surface paint & thickness (μm)	*Est. durability
Commercial	≧Y30 / AZ150	PVDF	45	PVDF	25	15		Commercial	≧Y35 / AZ210	PVDF	65	PVDF	30	15		Efficient	≧Y40 / AZ250	Due to the special environment, consultation recommended.
Efficient		PVDF	65	PVDF	30	20		Efficient		PVDF	65	PVDF	45	20
										PVC	200	PVC	100	20		Highly Efficient	SUS 445
Highly Efficient	SUS 445	Crystallite Silky	32	Crystallite Silky	32	25		Highly Efficient	SUS 445	Crystallite Silky	32	Crystallite Silky	32	20
		PVDF	45	PVDF	25	30				PVDF	65	PVDF	30	30

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Future Development
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Area：Kaohsiung – Taiwan
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Projects：E Sky Land
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The E Sky Land site A contains 31 stories
aboveground, 6 stories underground, total of
space of 79,062 ping of high-end shopping
mall with a hotel franchised with Marriott
International to form Marriott Kaohsiung.
Kaohsiung Marriott hotel has operated on
March 28th, 2021. E Sky Mall has operated on
March 20th, 2021.
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： Stockholding 100% owned subsidiary

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