天美麻花星空九一

Dear Investors,

Thank you for your attention and support to Yeong Guan Energy. 

Yeong Guan Group’s NT$9 billion, state-of-the-art facility in Taichung Harbor’s wind energy industrial zone was officially completed and opened on April 18th. The new factory covers an area of 20.5 hectares, utilizing mature and advance production technology, it can reliably supply the iron castings for the largest offshore wind turbine in the market. In the future, the factory will not only produce offshore wind castings, but also provide iron castings for a variety of large industrial machinery such as: machine tools, injection molding machines, and automotive molds. The Taichung production facility provides casting, machining, and painting, with an annual capacity of 100,000 tons. Designed using modern concepts, this facility not only focuses on efficiency, but also on environmental protection. Outfitted with advanced manufacturing equipment and technology, the new factory will become a central part of Yeong Guan’s manufacturing capability in the future.

Yeong Guan is one of the world's leading manufacturers of wind castings, including those for offshore wind turbines up to 14MW in size. Mr. Chang, Hsien-Ming, the chairman of Yeong Guan Group, remarked that the opening of the new factory marks a new milestone for Yeong Guan. After assessing the safety factors and the regional stability, Yeong Guan decided to increase investment in Taiwan, which has allowed the company's production capacity to grow from 220,000 tons per year to 320,000 tons per year, further differentiate Yeong Guan from other large-scale foundries, and win over customers from around the world. The Taichung facility will specialize in large-scale offshore wind castings, become a key part of the Asia-Pacific region supply-chain for OEMs such as SGRE and Vestas, and has the ability to supply to the EU and American markets to further increase our market share.

During the grand opening ceremony which was held today. Minister Wang Mei-Hua (MOEA), Chairman Shen Jong-chin of the Taiwan Financial Holdings Co., Ltd., representatives of Taichung City Government and other government and industry delegates were present.

Yeong Guan’s plans for the future include taking advantage of the convenience of transporting over-sized cargo from the Taichung Harbor, leveraging the offshore wind energy industrial zone created by the Taiwanese government to expand market share using advanced equipment and abundant production capacity. By providing customers with better products and services, giving priority to meeting the needs of domestic offshore wind market as well as bringing more stability and reliability to the global supply chain, Yeong Guan is optimistic about the huge business opportunities presented by the global offshore wind energy demand which will be exceeding 150GW per year. As a foundry with mature and advanced production technology, Yeong Guan has become an invaluable force in stabilizing the offshore wind casting supply-chain, further cemented Taiwan's position in the global wind energy industry, and thus getting ever closer to our goal of reaching the pinnacle of the foundry industry.