Walsin Lihwa passes sale of its shareholdings in Nanjing Walsin Metal Co. Ltd. to Gree Electric Appliances Inc. of Zhuhai

Taipei, May 27, 2019 — A board meeting at Walsin Lihwa on May 24 resolved to sell 94.3% of the company’s shareholdings in Nanjing Walsin Metal Co. Ltd. to Gree Electric Appliances Inc. of Zhuhai. The divestment will be made through its subsidiaries Renowned International Limited and Walsin China Investment Co., Ltd. Walsin Lihwa has 83.97% shareholdings in Renowned International Limited, and Walsin China Investment Co., Ltd. is a wholly owned subsidiary of Walsin Lihwa. 

Nanjing Walsin Metal Co., Ltd. makes copper bars and wires as quality copper conductors for communication and power cables, construction wires, enameled wires, and electronics wires.

The transaction will be made based on the audited net asset value per share of Nanjing Walsin Metal Co., Ltd. on May 31 multiplied by 94.3% of Walsin Lihwa’s shareholdings in Nanjing Walsin Metal Co. Ltd. plus a premium of RMB$500 million.

Walsin Lihwa Announced April 2019 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for April 2019. The company’s consolidated net operating revenue for April 2019 was NT$14.16 billion. January through April revenue for 2019 totaled NT$51.21 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announces 2019 First Quarter Financial Results

Walsin Lihwa Corporation announces its consolidated financial statements of 2019 first quarter financial results on 6th May. The consolidated net operating revenue reaches NT$37.06 billion. The consolidated operating gross profit reaches NT$1.90 billion. The consolidated income from operations is NT$0.8 billion. The difference from the same period last year primarily results from the real estate operation’s recognition of the income from its office building transaction. The net income after tax reaches NT$0.51 billion, earnings per share at NT$ 0.15.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced March 2019 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for March 2019. The company’s consolidated net operating revenue for March 2019 was NT$13.67 billion. January through March revenue for 2019 totaled NT$37.05 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced February 2019 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for February 2019. The company’s consolidated net operating revenue for February 2019 was NT$9.74 billion. January through February revenue for 2019 totaled NT$23.38 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Board meeting of Walsin Lihwa approves 2018 financial statements

Taipei, February 22– A board meeting of Walsin Lihwa today approved the company’s 2018 financial statements. The meeting also decided to hold the 2019 general shareholders’ meeting at 09:00 a.m. on May 24 (Fri.), 2019, at multifunctional hall, 1st Floor, No. 15, 168 Lane, Xingshan Road, Neihu District, Taipei City.

Walsin Lihwa’s overall earnings in 2018 reached a new high amid a global boom, shrugging off the impact from escalating global economic uncertainties resulting from the trade disputes between China and the United States in the fourth quarter last year. The 2018 consolidated operating revenue is approx. NT$190.92 billion, with a consolidated gross profit of NT$15.94 billion. The net income after tax is approx. NT$11.76 billion with EPS of NT$3.53 and a cash dividend of NT$1.2 per share is planned.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced January 2019 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for January 2019. The company’s consolidated net operating revenue for January 2019 was NT$ 13.64 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced December 2018 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for December 2018. The company’s consolidated net operating revenue for December 2018 was NT$14.8 billion. January through December revenue for 2018 totaled NT$190.82 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced November 2018 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for November 2018. The company’s consolidated net operating revenue for November 2018 was NT$14.4 billion. January through November revenue for 2018 totaled NT$175.99 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Information on Condolence sessions of Mr. Ting Piao Chiao, Honorary Chairman and founder of Walsin

Taipei, November 9 — Mr. Ting Piao Chiao, the Honorary Chairman and founder of Walsin Lihwa, passed away on November 7. His family hereby extends gratitude to all the condolences expressed.

Public condolence in memory of Mr. Chiao starts from November 13 to 17 at the 1st floor conference room of HannStar Display Corporation, 1st Floor, No. 15, 168 Lane, Xingshan Road, Neihu District, Taipei City. The condolence sessions starts at 10 a.m. and ends at 4 p.m. from Tuesday to Saturday. If you have any question, please kindly phone us at 886-02-8726-6104.