Chairman Yang Chaoqun (from right) and Spokesperson Wang Peilian attended the seminar today.

(Photo by reporter Fang Weijie)

[Reporter Fang Weijie/Taipei Report] Yang Chaoqun, chairman of Hanquan (8160), a supplier of electronic connectors, flexible cables, and wire components, said at the legal conference today that he observed that the current customers clearly called out "ABC (Anywhere But China) for their production strategies. )”, in this regard, Hanquan will refine the production capacity in China, aim to reduce the number of factories, and strengthen the production capacity in Laos in due course. It is expected that this year’s operation will be the same as last year or grow slightly. , 60% to 65% in the second half.

Hanquan's revenue in 2022 will reach 3.727 billion yuan, an annual decrease of 10%, and a gross profit margin of 30%, which is relatively the same as in 2021. The operating profit is 371 million yuan, an annual decrease of 33%, and the operating profit rate is 13%, an annual decrease of 3 percentage points. The net profit after tax is 328 million yuan, an annual decrease of 2%, and the earnings per share (EPS) is 4.2 yuan. The board of directors has decided to distribute a cash dividend of 2 yuan, which will be sent to the annual general meeting of shareholders for approval.

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Judging from the proportion of product revenue last year, Hanquan’s notebook products accounted for 28% of the total, servers and Netcom accounted for 26%, industrial applications 25%, consumer electronics 9%, optoelectronics 6%, automotive 5%, AIoT 1 %, Hanquan spokesperson Wang Peilian said that the turnover in the first two months of this year has dropped by about 40% compared with the same period last year. More than 50%, but the overall first-quarter performance is still expected to decline by 30%.

Wang Peilian pointed out that the overall operation is expected to bottom out in the first quarter, and it will start to improve in the second quarter and grow quarter by quarter, so that the annual decline in annual revenue will gradually converge, and the gross profit rate will remain at 30%. It is expected that optoelectronics and automotive products will be more optimistic. The performance of notebook products will be the same as last year, the performance of servers, Netcom, and industrial electronics products will be flat to optimistic, and consumer electronics will be relatively conservative due to the overall economic impact. In the future, we will continue to focus on products with development trends, such as power supplies Current projects, optimize product mix and improve operational efficiency.

Yang Chaoqun mentioned that due to trade wars, political relations, and other factors such as wages in China, European and American customers have turned to cooperate with Taiwanese factories, and shouted "ABC (Anywhere But China)". Mobilize cadres to the Lao factory. Among the 7 customers of the Lao factory, samples have been sent to South Korea’s largest leading electronics factory for certification. The factory currently covers an area of ​​30,000 square meters. In the future, the factory will be doubled according to the situation. Taiwan's domestic power supply manufacturers cooperate in high-current automotive projects.

Regarding Hanquan’s China factories, Dongguan, Suzhou, Chongqing, and Hefei each have 1 factory, and Guangdong has 2 factories. It is expected that the Guangdong 2 factory will be integrated with the Suzhou factory in the future, and the overall number of factories will be reduced to 4 factories. Yang Chaoqun said, Hanquan Under the production capacity layout of customers such as notebooks, Netcom, auto parts, and optoelectronics, following the transfer of production lines to Southeast Asia, the company will continue to refine its production capacity in China in the future, and cooperate with customers such as BYD and DJI to focus on China's domestic demand market.

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