股票代號 stock number 9939

Taiwan Hon Chuan Confidential Proprietary

股票代號 Stock Number：9939.TT

Brand ODM OEM Label Bottle Preform Cap

Taiwan Hon Chuan Confidential Proprietary Taiwan Hon Chuan Confidential Proprietary

公司簡介

Section 1.

Company Profile

Taiwan Hon Chuan Confidential Proprietary 3

公司簡介 About Hon Chuan

Establishment Date：July, 1969

President：Tsao, Hsih-Chung

Capital : NTD 2,928,788,790

Market Capitalization：NTD 17.6 bn [ NT. 60.1 / 2017.03.03 ]

Headquarters：Taichung, Taiwan

[ No.6, Gongyequ 2nd Rd., Xitun Dist., Taichung City 407, Taiwan ]

Area Employee Number

Plant Area(m2) Plant Floor Area (m2)

Taiwan 1,339 104,765 265,988

China 2,284 765,668 326,399

S.E. Asia 1,065 274,884 145,483

Africa 41 7,000 8,640

Total 4,729 1,152,317 746,510

Approved

Certificate

by clients

International

Quality

Certificate

ISO 9001 ISO 22001 HACCP

Food TQF OHSAS 18001 TOSHMS

FSSC 22000

COCA-COLA, PEPSICO,

Uni-President, SUNTORY, KIRIN,

ASAHI, ITOEN, TINGYI(Master Kong),

DANONE, CR Beverage, Wong Lo Kat,

JDB, Red Bull, OISHI, ICHITAN, POKKA

and so on...


股權架構圖 Holding Structure

THC

Samoa Hon Chuan

Hon Chuan Asia Hon Chuan Africa Hon Chuan China

Hon Shi SAMOA

Shimada Mozambique

Hon Shi

Cam

bo

dia

HC

Myan

mar

HC

Malaysia H

C

Vietn

am

HC

Ind

on

esia

HC

Thailan

d

HC

Hon Chuan FD Packaging Co. Ltd.

Kai Gang Samoa

Hong Hsing

Suzh

ou

H

C

Ch

inSh

in

HC

Zhan

gzho

u

HC

Hu

be

i H

C

Suzh

ou

H

on

gxin

Ch

angsh

a H

C

Jinan

H

C

Taiyuan

H

C

Kunming, Xian

Changchun, Zhenzhou, Gonyi

100%

100%

60%

100% 100% 95% 70% 100% 100% 100% 100%

65%

100% 76.84%

100% 100%

100% 100% 100% 100% 100% 100% 100% 100%


國際化佈局 Global Distribution

THC

Taiwan

Headquarters

President

Chairman

Taichu

ng 1

st Plan

t (G

rou

p H

ead

qu

arters)

Taichu

ng 2

nd P

lant

Taichu

ng 1

st Ase

ptic

Filling P

lant (O

EM)

Taichu

ng 2

nd A

sep

tic Fillin

g Plan

t (OEM

)

Ru

ifang P

lant

(Un

i-Pre

side

nt In

-ho

use

)

Kao

hsiu

ng P

lant

(Co

ca Co

la In-h

ou

se)

Taoyu

an P

lant

(Co

ca Co

la In-h

ou

se)

Ch

aiyi Plan

t (K

uan

g Ch

uan

In-h

ou

se)

Taiwan China Africa S.E.

Asia

Area Factories (Include In-House)

In-House Plants

Taiwan 8 4

China 17 9

S.E. Asia 16 8

Africa 1 0

Total 42 21


THC

China

Headquarters Vice President

General Manager

Jilin

Pla

nt (J

ML

In-h

ou

se)

Su

zh

ou

HC

Pla

nt

(Ch

ina H

ead

qu

arters)

Su

zh

ou

Ho

ng

xin

g P

lan

t (O

EM

)

Ch

an

gsh

a P

lan

t (OE

M)

Taiy

uan

Pla

nt (O

EM

)

Jin

an

Pla

nt (O

EM

)

Ch

en

gch

ow

Pla

nt

(Un

i-Pre

sid

en

t In-h

ou

se)

Ku

nm

ing

Pla

nt

Zh

an

gzh

ou

As

ep

tic

Fillin

g P

lan

t (OE

M)

An

hu

i Lu

an

Pla

nt

(C’est b

on

In-H

ou

se)

Xia

n P

lan

t (C

oca-C

ola

In-h

ou

se

)

Gu

an

gd

on

g P

lan

t (OE

M)

Ku

nm

ing

Pla

nt

(Pep

si In

-ho

use)

Ch

en

gch

ow

Pla

nt

(JM

L In

-ho

use)

Hu

bei X

ian

tao

Pla

nt

(OE

M, In

-ho

use)

An

hu

i Eastro

c P

lan

t (In

-ho

use)

He

na

n A

nya

ng

Pla

nt



Asia


In-House Plants

Taiwan 8 4

China 17 9

S.E. Asia 16 8

Africa 1 0

Total 42 21


Myanmar


THC

S.E. Asia

Headquarters

Thailand Indonesia Vietnam Malaysia Combodia

HC

FD

Pla

nt (F

&D

JV

)

HC

Th

aila

nd

Pla

nt

(Un

i-Pre

sid

en

t In-h

ou

se)

HC

Th

aila

nd

Pla

nt

(S.E. Asia H

ead

qu

arters)

Th

aila

nd

Pla

nt

(Fo

od

Sta

r In-h

ou

se)

HC

Th

aila

nd

Pla

nt

(Te

ns

ai In

-ho

use)

HC

Mala

ysia

Pla

nt

HC

Ma

lays

ia P

lan

t (C

oco

ala

nd

In-h

ou

se)

HC

Vie

tna

m P

lan

t

HC

Vie

tna

m P

lan

t (T

ribec

o In

-ho

use)

HC

Ind

on

es

ia P

lan

t (F

uta

mi In

-ho

use)

HC

Ind

on

es

ia P

lan

t (A

BC

Pre

sid

en

t In-h

ou

se)

PT. H

C In

do

ne

sia

Pla

nt

Mya

nm

ar p

lan

t

Ind

on

es

ia A

se

ptic

filling

Pla

nt

Ca

mb

od

ia P

lan

t (Ma

rry J

V)

Mya

nm

ar K

H p

lan

t


Asia


In-House Plants

Taiwan 8 4

China 17 9

S.E. Asia 16 8

Africa 1 0

Total 42 21

Vice President

General Manager



Provide plastic caps to local clients and export to nearby countries, also, planning to have joint venture with top beverage companies in Africa

Africa Snapshot

Population 1.07 billions

Per capita GDP USD 2,600

Avg. GDP growth rate East Africa 6.7%, North Africa 4.4%,

West Africa 6.1%, Mid Africa 5.8%,

South Africa 3.5%

Mozambique Snapshot

Capital Maputo

Population 26 millions

Per capita GDP USD 650

Language Portugal

Jet lag 6 hrs later than Taiwan

Set up a Joint Venture company with local client, started in 2016/08

THC

Africa

Headquarters

Mozambique

Hon Shi Plant


Asia


In-House Plants

Taiwan 8 4

China 17 9

S.E. Asia 16 8

Africa 1 0

Total 42 21


產品介紹 Products

Packaging, 68%

Filling OEM, 27%

Other, 5%

Beverage Packaging

Closure

Label

Bottle

Plastic caps Aluminum caps Metal Lug caps

PET/OPS/PVC shrinkable label,

OPP colorful label

Preform PET Bottle

LDPE shrinkable film

for multipacks

Group revenue ratio

of each products (%)


產品介紹 Products

Beverage OEM PET aseptic beverage filling

/ OEM

Taiwan/China/S.E. Asia Taiwan China/S.E Asia

Others

Cigarette and Beer packaging

Material trade

Packaging, 68%

Filling OEM, 27%

Other, 5%

Group revenue ratio

of each products (%) TR aseptic beverage filling

/ OEM

PET HF beverage filling

/ OEM


財務與營運資料

Section 2.

Financial Information


營運表現合併綜合損益表 Income Statements (Consolidated)

Item Jan to Sep of 2016 Jan to Sep of 2015 YOY %

Revenue 13,252 13,561 -2%

COGS 10,405 10,910

Gross Profit 2,847 2,650 +8%

Op. Profit 1,548 1,257 +24%

Pretax Income 1,388 1,066 +31%

Tax 281 196

Net Income 1,107 870 +28%

Net Income ( Attributable to Parent Company)

1,085 894 +22%

After Tax EPS 3.71 3.1 +20%

Currency : NTD Million


營運表現自結集團營收 Group Sales Revenue

Area 2016 FY 2015 FY Growth %

Taiwan 7,062 7,130 -0.95%

China 5,863 5,960 -1.63%

S.E. Asia 3,440 3,489 -1.40%

Africa 85 0 +100%

Total 16,450 16,579 -0.78%

Taiwan,

43%

China, 35%

S.E. Asia,

21%

Africa, 1%

Taiwan,

43%

China, 36%

S.E. Asia,

21%

Currency : NTD Million 2016 FY 2015 FY


產品銷售結構台灣 Sales Construction in Taiwan

Allumin

um cap,

11%

Label,

7%

Metal

Lug cap,

4% Plastic

cap,

13% PET

bottle,

24%

Cigarett

e, 11%

Filling

OEM,

28%

Other,

1% Alluminu

m cap,

6%

Label, 8%

Metal lug

cap, 3%

Plastic

cap, 13%

PET

bottle,

26%

Cigarette,

11%

Filling

OEM,

32%

Other, 1%

Export ratio：17.8% (North-east Asia YoY +45%, South-east Asia +10%, Oceania +5%)

Export ratio：16.7%

2016 FY 2015 FY

0%

50%

100%

2014 2015 2016

45 43 43

35 35 35

20 22 21

1

Africa

S.E. Asia

China

Taiwan

Sales ratio in each area (%)


重要客戶群台灣 Key Customers in Taiwan


產品銷售結構大陸 Sales Construction in China

Plastic cap,

54%

Preform,

8%

PET bottle,

4%

Label, 3%

Filling

OEM, 28%

Other, 1%

Plastic cap,

53%

Preform,

8%

PET bottle,

6%

Label, 4%

Filling

OEM, 27%

Other, 2%

2016 FY 2015 FY Sales ratio in each area (%)

0%

50%

100%

2014 2015 2016

45 43 43

35 35 35

20 22 21

1

Africa

S.E. Asia

China

Taiwan


重要客戶群大陸 Key Customers in China


產品銷售結構東南亞 Sales Construction in S.E. Asia

Plastic

cap, 34%

Metal Lug

cap, 1%

Preform,

40%

PET bottle,

16%

Label, 4%

Filling

OEM, 4%

Other, 1%

Plastic cap,

31%

Preform,

45%

PET bottle,

15%

Label, 7%

Filling

OEM, 1%

Other, 1%

2016 FY 2015 FY Sales ratio in each area (%)

0%

50%

100%

2014 2015 2016

45 43 43

35 35 35

20 22 21

1

Africa

S.E. Asia

China

Taiwan


重要客戶群東南亞 Key Customers in S.E. Asia


Cu

rren

cy : N

TD

. 10

0 m

illion

集團營收趨勢 Group Sales Revenue

0

20

40

60

80

100

120

140

160

180

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

29.9 37.0 50.0 53.8

63.6 64.1 69.4 73.0 78.2 71.3 70.6

21.5 27.0

34.5 37.2

46.6 57.3

58.3 60.0 59.0 59.6

58.6

2.4

4.5

7.5 9.2

14.0

15.5

28.1 33.0

35.1 34.9 34.4

0.9

Taiwan

China

S.E. Asia

Africa 68.5

92 100.2

124.2

136.9 155.8

166 172.3 165.8

53.8

164.5 Total


公司策略與佈局

Section 3.

Corporate Strategy


台灣總部 Yearly Development in Taiwan

No. 1

Cooperating with top 5 beverage companies in every countries, actively participating in international packaging exhibition activities. Marketing as base, then build up factories.

1 Taiwan headquarters as group leadership

Establishing headquarters to integrate corporate resources, actively cultivating international talented people and offer comprehensive resources to oversea branches.

2 Global markets expansion

Beverage packaging and filling OEM company


佈局大陸 Yearly Development in China

1 Keep adjusting production lines : enhance capacity utilization rate

2 Optimized products’ combination : innovative packaging products

3 Deep cooperation : strategical cooperation with main clients

4 Carefully control costs

Beverage packaging and filling OEM company Top 3



1 Stable packaging clients

Plastic caps 20-year contract

7 bilion pcs per year

1st step 3.5 billion pcs : started in 2013/06

2nd step 3.5 billion pcs : started in 2014/2Q

Increased label order

enhance capacity utilization rate

Progressing packaging cooperation

Deeper cooperation

2

Signed a long-term contract

set up packaging production lines to

provide plastic cap and preform

QR Code promotion, enhance

spending power

3

4

Hubei Xiantao (In-house)

Signed a long-term contract

started in 2015/05, offer plastic caps, label, pet

bottles and filling service

Establishing an Aseptic filling production line,

contract guaranteed volume started in 2016

Changzhou Aseptic Plant

In 2014, established an

Aseptic filling plant to provide

beverage OEM service

for clients

Keep exploring new clients in 2017



5 Deeper cooperation Deeper cooperation

6

Introduction of China Resources

Started in 1938, 400 thousands employees now

Having 7 industries such as consumer goods(ex. retail, beer,

food, beverage), power, property, cement, gas, finance...

In 2015, the group revenue is NTD. 2396.4 billion, was

ranked 115th on 2015 Fortune top 500 lists

Signed a mid-term contract with C’est bon to provide bottle

water filling OEM service (4 production lines) in Taiyuan and

Jinan plant in order to enhance capacity utilization rate

2 New production lines for filling OEM service in 2017

(using existing facilities), also, packaging orders are growing

Introduction of Danone

Started in 1966, over 100 thousands employees now

No.1 Fresh daily products ( revenue in 2016 : NTD. 365 billions)

No.2 Bottle water ( revenue in 2016 : NTD. 155 billions)

Owns famous brands such as Evian, Volvic, Aqua and Mizone

Signed a mid-term contract to provide

beverage filling OEM service,

2 filling lines in Guangdong plant

in order to enhance capacity utilization rate

New packaging orders in 2017


東南亞新廠投產 New Plants in S.E Asia

Myanmar

Thailand

Indonesia

Food Star Thailand 2015/10

Tensai Thailand 2017/2Q Myanmar HC 2015/11

Myanmar KH 2016/10

Myanmar Loi-Hein 2018/2Q Cambodia

Surabaya HC 2016/1Q

Cambodia Honly 2015/08


東南亞新廠投產 New Plants in S.E Asia

Myanmar Plant

Build production lines to provide

beverage packaging for Coca-Cola,

PepsiCo, Pokka..etc

Started in 2015/11, owns 70% of shares

Thailand Food Star Plant(In-House)

Introduction of Food Star

Started in 1993, main products are juice (in cup and bottle)

and water (in bottle), located at Nakhon Pathom where is in

the south-west of Bangkok, an hour by car

Started in 2015/10, offer PET bottles

Indonesia Aseptic filling Plant

1ST Aseptic filling production line in S.E. Asia, started in

2016/Q1, contract guaranteed volume started in 2017

Myanmar KH Plant(In-House)

Started in 2016/Q3, offer PET bottles

Myanmar is entering a New Era of Growth and perhaps will become a New Tiger Economy in S.E. Asia

Stared in 2015 Stared in 2016


柬埔寨宏莉廠 Combodia Honly Plant

Location：Phnom Penh

Area：30, 209 m2

Total investment：USD 15 millions

(owns 95% of shares)

Production started in 2015/08

新品牌 New Brand

Healthy、Nutritious、Tasty

Multi Fruit

400 ml 250 ml

Lemon Litchi

400 ml

Honey green tea

Lemon Black tea

400 ml 350 ml

Banana milk

Energy drink

Strawberry Original

Grape

Orange 270 ml

Energy drink Strawberry Grape

http://www.honchuan.com.tw/tw/video


柬埔寨宏莉廠 Combodia Honly Plant 新品牌

New Brand


宏全熱點 THC Hot Spots

New Area Mozambique

New Office Philippines

Market Investigation Iran, Pakistan, Algeria

New Clients Japan, countries of S.E. Asia,

Bengal, USA, Australia,

New Zealand etc...

Beverage Exhibition

In 2016, Myanmar, Japan,

USA, Philippines, China, Africa

and Taiwan etc...

7 In 2 0 1


新訂單新客戶 New Orders and Customers

Myanmar LOI HEIN

Thailand TENSAI

CR Beverage C’est bon


新產品新技術

Section 4.

New Products and Technology


新產品新技術 New Products and Technology

QR Code Plastic Cap Hologram Aluminum Closure Soy Sauce Cap Soft Package Cap

Barrelled water Cap PVC Free LUG Cap Oxygen/ Light barrier bottle Customized bottle

Innovation to enhance the value of products


新產品新技術 New Products and Technology

Internet of Things (IoT)

One Code for One Bottle,

THC has acquired LASER facilities, 10-year patents of QR Code Coding for caps and labels in Taiwan and China. 2nd step cooperation with ITRI, technology transfer to set up company, in order to expand QR Code service in different industries

10 Functions

Food Traceability

Protect Your Brand

E-commerce

Managing Products

Ad & Publicity

Promotion

Questionnaire Surveys

Big Data Analysis

Channel Management

Production Information

QR Code Service

Brings New Business

Taiwan Hon Chuan Confidential Proprietary

股票代號 Stock Number：9939.TT

www.honchuan.com.tw

股票代號 stock number 9939

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