-Company Report- - image.honchuan.com.twimage.honchuan.com.tw/file/download-ZG9jdW1lbnQ=-document...Approved Certificate by COCA-COLA, PEPSICO, Uni-President FSSC 22000. 2 Taiwan Hon

Taiwan Hon Chuan Enterprise Co., Ltd.

-Company Report-

September, 2014Stock Code：9939

Taiwan Hon Chuan Enterprise Co., Ltd.1

About Hon Chuan

�Establishment Date: July, 1969

�Public Offering: Mar. 2, 2001 on the Taiwan Stock Mainboard

�Capital : NTD 2,598,478,790

�Market Capitalization(2014/09/10): NTD 15bn

�Headquarter ：：：：Taichung, Taiwan

�International Quality Certificate：：：：

ISO 9001 ISO 22001 HACCP GMP OHSAS 18001 TOSHMS

Taiwan

China

SE. Asia

1,050

2,500

615

122,900

533,665

38,696

Emplyee number Plant area(m2)

130,265

228,532

28,560

Plant floor area

(m2)

4,165 695,261 387,357

�Approved Certificate by COCA-COLA, PEPSICO, Uni-PresidentFSSC 22000


THC

Samoa Hon Chuan

100%

100%

Hon Chuan China

Samoa

Hong HsingKai Gang

Taiyuan

HC

Jinan

HC

Changsha

HC

Suzhou

HongxinChinShin

HC

76.84%

Suzhou

HC

Zhangzhou

HC

100% 100%

Hon Chuan Asia

Indonesia

HC

Thailand

HC

Hon

Chuan FD

Packaging

Co. Ltd.

100%

100%

65%

100%

Vietnam

HC

Malaysia

HC

100% 100%70%

Myanmar

HC

�Parent Company

�Pubic-listed in

Taiwan’s main board.

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

Holding Structure


Production facilities (2/2)

TW Headquarter

PRC Regional

Headquarter

SE. Asia Regional

Headquarter

Taich

un

g

Taich

un

g

＊＊＊＊U

niP

. Ru

ifan

g

＊＊＊＊C

ok

e Yan

chia

l

＊＊＊＊ In-House plant: Taiwan 5, China 10, SE Asia 5. (Total 20 In-House plants)

THC total plants: Taiwan 9, China 18, SE Asia 13, Total 40 plants as of 2014.

Taich

un

g A

septic

＊＊＊＊C

ok

e Yan

chia

l

＊＊＊＊H

ey S

on

g H

C

＊＊＊＊K

uan

gC

hu

an

Taich

un

g A

septic

＊＊＊＊U

niP

. Th

aila

nd

Hon

Ch

uan

FD

＊＊＊＊P

T H

on

Ch

uan

＊＊＊＊V

ietnam

HC

Taila

nd

HC

＊＊＊＊P

T F

uta

mi

HC

＊＊＊＊C

oco

ala

nd

HC

Vietn

am

HC

Mala

ysia

HC

Myan

mar H

C

Ind

on

esia H

C

Cam

bod

ia H

on

ly1 2

21


Production facilities (2/2)

TW Headquarter

SE. Asia Regional

Headquarter

＊＊＊＊X

ian

Gu

an

gd

on

g

＊＊＊＊P

epsi T

ientsin

＊＊＊＊P

epsi K

un

min

g

＊＊＊＊Z

hen

gzh

ou

Zh

an

gzh

ou

＊＊＊＊W

uxu

e

＊＊＊＊E

astro

cC

hu

zhou

＊＊＊＊H

ub

ei X

ian

tao

Su

zhou

Hon

gx

in

Taiy

uan

HC

Jin

an

HC

Ch

an

gsh

a H

C

＊＊＊＊Z

hen

gzh

ou

＊＊＊＊C

han

gch

un

Ku

nm

ing

Su

zhou

HC

＊＊＊＊C

’estbon

Liu

an

PRC Regional

Headquarter

＊＊＊＊ In-House plant: Taiwan 5, China 10, SE Asia 5. (Total 21 In-House plants)

THC total plants: Taiwan 9, China 18, SE Asia 13, Total 40 plants as of 2014.

2


Sales (%)

65%

Beverage

Packaging

Closure

Caps

Aluminum cap

Metal lug cap

PET Bottle、、、、 Preform

Bottle

LDPE shrinkable film formultipacks

Label

PET/OPS／／／／PVC shrinkable label、、、、OPP colorful label

Product


PET HF beverage

filling / OEM

OEM

PET aseptic beverage

filling / OEM

Cigarette

類

Cigarette and Beer

packaging material

trade

Sales

30%

Sales

5%

Beverage

OEM

Others

TR aseptic beverage

filling /OEM


(NTD Million) 2013 1H 2014 1H YOY %

Revenue 8,750 9,181 +4.9%

COGS 7,077 7,656

Gross Profit 1,672 1,525 -8.8%

Op. Profit 971 716 -26%

Pretax Income 969 696 -28%

Tax 178 146

Net Income 745 550 -30%

Net Income attributable to

parent company349 530 -26.2%

After tax EPS 2.87 2.014

Income Statements (consolidated)

Notes: Non-Op. Income= gains( Interest income , Foreign exchange gains , Miscellaneous income..)–losses (Interest expense, Preferred stock liabilities dividends, Revaluation loss on financial assets..)


2014 1H

Sales Construction- Taiwan Region

2013 FY


2014 1H

Sales Construction- China Region

2013 FY

Plastic cap

31%

Label

3%

Anti-static film

1%

Filling and PET

bottle

54%

Preform

8%

Battery can

1%

Others

2%


2014 1H

Sales Construction- SE. Asia Region

2013 FY

Plastic cap

30%

Label

9%

Preform

39%

PET bottle

22%


Total

6.8

9.210

TAIWAN

CHINA

12.4

Currency：：：： NTD Billion

15.5

13.7

Group Sales RevenueSE. ASIA

16.6


� The largest and the leading manufacturer in Taiwan beverage

packaging material industry.

� THC continues to adopt close coalition with major customers.

�Taichung 2nd Aseptic filling plant:

Established the second aseptic filling plant in Taichung with total

annual production capacity of 6m cases, production started in

Jan, 2012.

THC established the 2nd aseptic filling production line in this

plant . This line started in April, 2013.

Yearly Development in Taiwan


Yearly Development in China

�New orders with long-term contract.

�Wuxue plant (In-house): Production started in 1Q, 2013.

�Zhangzhou plant :

THC established one Aseptic filling plant to provide beverage OEM service for Taiwan’s companies, the first aseptic filling plant in China, production started in June, 2013.

�Chuzhou plant (In-house) :

Production will start in 2Q 2014.

�Xiantao plant (In-house) :

THC is establishing one Aseptic filling production line in Xiantao, production will start in 2015.


Yearly Development in SE Asia

�HC Malaysia Plant:THC is establishing preform and cap production lines to provide packaging service for local clients in Malaysia, production started in May,2013.

�HC Indonesia Plant:THC is planning to build preform and cap production lines to provide packaging service for Coca Cola, Pepsi, Unilever, Suntory,….etc. in Indonesia in 3Q, 2012. Production started in 2Q 2014.

�HC Myanmar Plant:THC is planning to build production lines to provide packaging for Coca Cola, Pepsi, Pokka…etc. in Myanmar in the end of 2013. Production will start in 2014.

�THC will establish more partnerships and In-house plants with leading beverage company in Cambodia, Philippines, Lao PDR, India in the next 3-5 years.


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Documents

-Company Report- - image.honchuan.com.twimage.honchuan.com.tw/file/download-ZG9jdW1lbnQ=-document...Approved Certificate by COCA-COLA, PEPSICO, Uni-President FSSC 22000. 2 Taiwan Hon