Tatung Company H1 2021 Analyst Meeting

Enabler of Digital Transformation

Tatung Company

H1 2021 Analyst Meeting

@ Aug 20 2021

2021H1 Operation Report


Safe Harbor Notice

This presentation contains forward-looking statements and is subject to risks and

uncertainties. Actual results may differ materially from those contained in the forward

looking statements.

Except as required by law, we undertake no obligation to update any forward-looking

statement, whether as a result of new information, future events, or otherwise.


Key Notes from Management Team

1. New Operation Motivation Recruit cross-border experts and gather external professional assist Strengthen corporate governance and adjust organizational & operational policies

accordingly Intensify brand image and create potential corporate value

2. 2021H1 Return to the track of profitable growth-both for core and reinvestment business Centralized management of major subsidiaries' equity Re-establish open and transparent communication with all stakeholders to create

a win-win foundation. Enhancing ESG and corporate sustainable development through development and

construction of solar energy and energy storage

3. Prospective Planning Increase profitability Focus on core businesses and incubate emerging businesses Global Biz Development Branding “Tatung” to retrieve the soul of the brand


Agenda

Time Topic Presenter Duration

14:30~14:40 New Operation Motivation MK Lu-

Chairman

10”

14:40~15:00 Financial Report Elsa Chang-

CFO

20”

15:00~15:30 Prospective Planning Chaney Ho-

CEO

30”

15:30~16:30 Q & A 60”

Enabler of Digital Transformation 5

Session 1New Operation Motivation


Professional BOD

Cross-border experts/Energy of Professional

6

TATUNG CONFIDENTIAL


Ming-Kuang Lu

Chairman

Work / educational experienceHonorary Doctor of Tatung University

Honorary Doctor of Engineering of National

Chiao Tung University

Academician of Industrial Technology

Research Institute

President of Dunnan Science and

Technology Corporation

President of Xuxing Science and

Technology Corporation

Vice President of Xuli Corporation

Job title assumed in the Company

and any other companyChairman of Actron Technology

Corporation

Legal Person, Director and Representative

of GlobalWafers Co., Ltd.

Legal Person, Director and Representative

of Formerica Opto Electronics Inc.

Director of Sino-American Silicon Products

Inc.

Chairman of Bigbest solutions, Inc.

Chairman of Rec Technology Corporation.

Chun-Sheng Ho

Director / CEO

Work / educational experienceBachelor of Electrical Engineering, Tatung

University

President of Advantech Co., Ltd.

President of Inalways Corporation

President of Huirong Information Co., Ltd.

Business manager of HP Development

Company

TV Design Engineer of Tatung Company

Job title assumed in the Company and

any other companyExecutive Director of Advantech Co., Ltd.

Director of EliteGroup Computer Systems Co.,

Ltd.

Director of Tatung System Technologies Inc.

Director of Forward Electronics Co., Ltd

Independent Director of Giant Manufacturing

Co. Ltd.

Wkang-Hsiang Wang

Director

Work / educational experienceHonorary Doctor ofNational Taiwan

Ocean University

Master of Agricultural Economics

National Taiwan University

Allied Engineering Construction Co.,

Engineering & Maintenance Dept.,

Design Dept.,

Golden Friends Company, Sales Dept.

Director of EverTrust Bank


and any other companyChairman of Sanyuan Construction Co.,

Ltd.

Chairman of Lung Hwa Electronics

Chairman of Shan-Chih Asset

Development Co.


I-Wen Chung

Director

Work / educational experienceBA of Economics, Iowa State University,

USA

General Manager of Mechatronics

Component Product

Business Group, Foxconn Technology

Group

Sales Manager of Dahin Co., Ltd.

President of Tatung Company

Chairman of Tatung Consumer Products

(Taiwan) Co., Ltd.


and any other companyChairman of EliteGroup Computer

Systems Co., Ltd.

Director of Tatung System Technologies

Inc.



Chi-Yen Liang

Director

Work / educational experienceMaster, National Chengchi University

Bachelor of Department of Chemical Engineering of

National Tsing Hua University

Adjunct Lecturer, Department of Business

Administration, Soochow University

Sales Manager of Commercial Computer

department, Hewlett-Packard of USA

Executive vice-president of China Venture

Management Co.

Chairman of TAINET Communication System

Partner/COO of The CID Group.


and any other companyIndependent Director and member of remuneration

committee of Excelliance MOS Corp

The member of remuneration committee of

ENNOSTAR Inc.

Representative of juristic person director of Flexium

Interconnect. Inc.

Member of remuneration committee of Shinkong

Textile Co., Ltd.

Member of remuneration committee of Sesoda

Corporation

Supervisor of Innostar Fund1

Director of Innostar Fund2.

Representative of juristic person director of Innostar

Fund3.

Representative of juristic person director of innoStar

Asset Mgt. Ltd.Director of Forward Electronics Co., Ltd

Ching-Hsiang Lin

Director

Work / educational experienceMaster of Science in Computer Engineering, University of

Southern California

Bachelor of Science in Control Engineering, National Chiao

Tung University

Executive Secretary, Taiwan-USA Industrial Cooperation

Promotion Office (TUSA), Ministry of Economic Affairs (MOEA)

Chief Business Officer of ISTI/ITRI

Deputy General Director of International Business

Center, ITRI

Representative of ITRI Moscow Office

Deputy General Director of STC/ITRI (System-on–chip

Technology Center)

Director of Semiconductor Industry Promotion Office, MOEA

( Ministry of Economic Affairs)

President of Taiwan SOC Consortium

Executive Vice President of ITeX (Integrated Telecomn

Express) Inc., A Fabless Company of UMC Group

Vice President of Acer Netxus Inc., A Communications

Company of Acer Group (Now becoming Wistron NeWeb

Corporation, WNC)

Director of Communication System Div. And 2 BU Heads CCL /

ITRI

Deputy Dir. / Dept. Manager, ERSO / ITRI


and any other companyConsultant of ISTI/ITRI

Consultant of Taiwan-USA Industrial Cooperation

Promotion Office (TUSA), Ministry of Economic Affairs

(MOEA)

Independent Director of Mosel Vitelic Inc.

Director of EliteGroup Computer Systems Co., Ltd.

Director of Tatung System Technologies Inc.

Sheng-Tsheng Lee

Independent Director

Work / educational experienceMaster of Mainland China Studies, National

Sun Yat-Sen University

Supervisor of Senao International Co., Ltd.

Director of Bank of Kaohsiung Co., Ltd.


and any other companyAttorney and Part Owner, Yuan, Chien and

Partners Attorneys-at-Law

Independent Director of Taiwan Tea

Corporation

Director of Taiwan Styrene Monomer

Corporation.

Independent Director of D-Link Corporation

Chin-Lai Wang


Work / educational experience(DBA)Doctor of Business Administration,

National Chengchi University

Master of Accounting, National Chengchi

University

Bachelor of Accounting, National Cheng Kung

University

Taiwan Managing Partner of Ernst & Young

Chairman of EY Management Services Inc.

Chairman of EY Business Advisory Services

Inc.


and any other companyIndependent Director of LandMark

Optoelectronics Corporation

Independent Director of PCL Technologies, Inc.

Independent Director of SYSAGE Technology

Co., Ltd.

Chairman of CKU Venture Capital Co., Ltd.

Director of Genome Frontier Therapeutics, Inc.

Chung-Zung Kung


Work / educational experienceMaster of Business Administration, University of

Massachusetts, USA

Vice President of Credit Agricole Taipei Branch

Financial Department Manager of Taiwan

Semiconductor Manufacturing Co.

CFO of Tatung Company

CFO of Taiwan Synthetic Rubber Corp.

CFO of Neo Solar Power Corp.

CFO of Shanghai Cross Ocean Property

Development CO., Ltd.

Independent Director of Star Travel Corp.

International (HK) Limited


and any other companyDirector of SinoPac Leasings Corp.Director of SinoPac Capital International (HK) LimitedCFO of DS Energy Technology Co., Ltd.Independent Director of King Dragon Life InsuranceCo., Ltd.


Vision of Tatung

9

MAKING TATUNG THE WORLD’S TATUNG


MAKING TATUNG THE WORLD’S TATUNG

Looking back on 2020, affected by the global epidemic and trade wars, Tatung continues to face challenges.

We continue to uphold the spirit of "Integrity, Honesty, Industry, and Frugality" and vision of "Providing high-

quality products with innovative technology to achieve energy saving, environmental protection, healthy life,

and fulfilling global citizen responsibilities” to pursue operating profitability and corporate sustainable

development. Our efforts in sustainable management have been recognized by Wall Street Journal’s “The

100 Most Sustainably Managed Companies in the World” and ranked the 75th among the top 100 companies

and ranked the 1st in the "Business Model and Innovation" sub-project; Tatung changed its management level

at the end of 2020. With the expectation of all sectors of society, we have recruited cross-industry experts

and professions, and strengthened corporate governance, as well as, adjust the organization and operation,

enhance the brand image, and create corporate value. We promise to make Tatung not only the Taiwan’s

Tatung, but also the World’s Tatung.

Looking into future, human civilization has move toward a low-carbon emissions economy, and the internet

technology has also changed the way of life. Built upon its long term foundation in power business, Tatung

has turned to green energy and energy storage. As for its more than 70 years of motor business, Tatung has

succeeded in the research and development of motors for electric vehicles. In terms of the information

business, Tatung also has expanded into big data and cloud services. All businesses are expanding toward

the global market, and Tatung is actively seeking collaboration opportunities at home and abroad to speed up

its growth both vertically and horizontally. The new management team has actively planned for several

business areas, hoping to create a new outlook to improve profits. While pursuing the development of the

company, Tatung will actively practice environmental protection, commit to social integration and continue to

deepen corporate governance in order to pursue sustainable development of the company, so that

shareholders, enterprise, and employees will win together for another glorious century in the business world.


Tatung Co. Confidential

11

Session 2Financial Report


Company Overview

Establish 1918

Establisher Mr. Shan-Chih Lin | Mr. Ting-Sheng Lin

Corporate Value Integrity, Honesty, Industry, Frugality

Management team Chairman：Mr. Ming-Kuang Lu| CEO： Mr. Chun-Sheng Ho

Revenue Individual→NTD$ 7.7 billion (2021H1)

Consolidated→NTD$ 13.9 billion (2021H1)

Employee 2,700 people | 6,300 people

Business scope Appliance、Electric Power, generator, Motor,

Solar, System Integration, Smart Meter


Business Scope

13

% : Revenue Percentage in 2020

Electric Power

49%

New Energy

5%

System Integration

14%

Appliance Business

32%

Heavy Electrical EquipmentMotorCableSmart Meter

Smart Energy

Solar Energy

Energy storage system

System Integration

Appliance

Advanced Electronics


Tatung’s business scope covers

optoelectronics, energy, asset

development, brand, chemical industry,

system integration and electronics

5 listed company in Tatung Group

Revenue： NTD 13.9 billion (2021H1)

Employee ： 6,300 (oversea 1,300 )

Tatung Group

14

Energy

Asset development

photoelectric

electronic

System Integration

Chemical industry

Brand


Major Subsidiary

TATUNG

Tatung has a 100% shareholding

Activating assets and enhancing value

Tatung group has a 43.35% shareholding

Assist government and corporate information security, communications, internet, software products and professional services


Focus on the development and strengthening of the sales of coating products

Tatung has a 27.35% shareholding

The world's leading manufacturer of professional design and manufacturing of computer products


Optoelectronics, Information Communication and Automotive Electronics Industry

Tatung System

Technologies

Inc.

Shan Chih Asset

Development

Co., Ltd.

Tatung Fine

Chemicals Co.Tatung Fine

Chemicals Co.

Elitegroup

Computer

Systems Co.,Ltd.


Financial Highlight


Financial Summary1. Y21 1H Performance of Tatung Group

Although some subsidiaries are affected by the pandemic, but growths can still be observed from some of them. Tatung group is still operating firmly and steadily.

Consolidated revenue declined, but the company grow by 4.2%. Consolidated gross

profit margin remained flat, but the company’s YOY increased by 3.64% Consolidated operating expenses dropped significantly ( -22.4%), the overall operating

profit increased by 222 million, and the profit attributable to the company increased by 351

million

2. Y21 2Q turn profit, EPS NTD$0.35 2Q Consolidated revenue increased by 12.80% quarterly, gross profit increased by 4.4%

quarterly Consolidated operating profit in 2Q is NTD $439 million, an increase of NTD $471 million

from Q1’s -32 millions.

Net income in 2Q is NTD$827 million, an increase sharply from 1Q’s –300 million. EPS isNTD$ 0.35 .

3. Y21 1H Net income 526 million ，EPS NTD$0.23 Consolidated operating profit in 1H was NTD$407million, YOY increased by

2.2 times Net income in 1H was NTD$526 million, YOY increased by 3 times

EPS in 1H was NTD$0.23, YOY increased by NTD$0.16


Consolidated Revenue

18

unit：NTD million

Tatung

(individual)

Shan Chih

Asset

Development

Tatung

System

Technologies

Forward

Electronics

Tatung Fine

Chemicals

San Chih

SemiconductorTTL others Total

2021 H1Amount 7,745 1,470 1,847 473 151 112 464 1,715 13,977 Percentage 55.41% 10.51% 13.21% 3.38% 1.09% 0.80% 3.32% 12.27% 100.00%

2020 H1Amount 7,433 4,377 2,042 365 105 97 216 2,103 16,739 Percentage 44.40% 26.15% 12.20% 2.18% 0.63% 0.58% 1.29% 12.57% 100.00%

55.41%

10.51%

13.21%

3.38%

1.09%

0.80%

3.32%

12.27%

2021 H1

Tatung Shan Chih Asset Development Tatung System Technologies

Forward Electronics Tatung Fine Chemicals San Chih Semiconductor

TTL others

44.40%

26.15%

12.20%

2.18%

0.63%0.58%

1.29%

12.57%

2020 H1

Tatung Shan Chih Asset Development

Tatung System Technologies Forward Electronics

Tatung Fine Chemicals San Chih Semiconductor

TTL others



Consolidated Net Income

19

unit：NTD million

Tatung

(individual)Chunghwa Picture

Tubes(Consolidated)

Shan Chih Asset

Development

(Consolidated)

Tatung System

Technologies

(Consolidated)

Forward

Electronics

(Consolidated)

Tatung Fine

Chemicals

(Consolidated)

San Chih

SemiconductorTTL

others(include charge off)

Total

2021 H1 526 (805) 585 62 14 7 13 15 (357) 60

2020 H1 175 (1,382) 1,681 72 (61) (12) (6) 10 (1,122) (646)

526.492

-805.182

585.309

61.764

13.6147.4 13.407

14.633

(357)

175.068

-1382.483

1680.708

71.942

-61.307 -12.257 -5.535 9.863

-1121.74

-2000

-1500

-1000

-500

0

500

1000

1500

2000

大同華映(合併) 尚志資產(合併) 世科(合併) 福華(合併) 精化(合併) 半導體 TTL 其他

2021年1~6月 2020年1~6月


2021 H1 2020 H1

Tatung

(individual)

Tatung System

Technologies

(Consolidated)

Shan Chih Asset

Development

(Consolidated)

Forward

Electronics

(Consolidated)

Chunghwa

Picture Tubes

(Consolidated)

San Chih

SemiconductorTTL others

(include charge off)

Tatung Fine

Chemicals

(Consolidated)


Y21 2Q vs 1Q-(Consolidated)

NTD$ Million2Q21 1Q21

Quarterly growth rate/increase and decrease rate/

increase and decrease

Operating revenues 7,409 6,568 12.80%

Gross profit 1,983 1,469 34.99%

Gross margin 26.76% 22.37% +4.39%

Operating expenses 1,544 1,501 2.86%

Expense Ratio 20.84% 22.85% -2.01%

Operating profit 439 -32 +471

Profit and loss ratio 5.93% -0.49% +6.42%Net income (loss) attributable to:

Shareholders of the parent827 -301 +1,128

Earnings (loss) per share 0.35 -0.13 +0.48

20


Y21 1H vs Y201H-(Consolidated)

21

NTD$ Million1H21 1H20

Quarterly growth rate/increase and decrease rate/

increase and decrease

Operating revenues 13,977 16,739 -16.50%

Gross profit 3,451 4,108 -16.00%

Gross margin 24.69% 24.54% +0.15%

Operating expenses 3,045 3,924 -22.40%

Expense Ratio 21.79% 23.44% -1.65%

Operating profit 407 184 +223

Profit and loss ratio 2.91% 1.1% +1.81%Net income (loss) attributable to:

Shareholders of the parent526 175 +351

Earnings (loss) per share 0.23 0.07 +0.16


Operating Revenues

22

9,084

7,655 7,383 7,520

6,568

7,409

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Consolidated)

3,407

4,026 4,121 4,310

3,695

4,050

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Individual)


Gross Profit

23

2,452

1,656

1,101 1,119

1,469

1,983

26.99%

21.63%

14.91% 14.88%

22.37%

26.76%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

-

500

1,000

1,500

2,000

2,500

3,000

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Consolidated)

合併營業毛利合併營業毛利率

313

465

109

258

481

612

9.18%

11.55%

2.65%

5.99%

13.02%

15.10%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

-

100

200

300

400

500

600

700

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Individual)

個體營業毛利個體營業毛利率Gross profit Gross profit Gross margin Gross margin


Operating Profit

24

415

-231

-641

-855

-32

439

4.57%

-3.02%

-8.68%

-11.37%

-0.49%

5.93%

-14.00%

-12.00%

-10.00%

-8.00%

-6.00%

-4.00%

-2.00%

0.00%

2.00%

4.00%

6.00%

8.00%

-1,000

-800

-600

-400

-200

0

200

400

600

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Consolidated)

合併營業損益合併營業損益率

-345

-276

-589 -600

1

121

-10.14%

-6.84%

-14.30% -13.91%

0.00%

2.98%

-16.00%

-14.00%

-12.00%

-10.00%

-8.00%

-6.00%

-4.00%

-2.00%

0.00%

2.00%

4.00%

-700

-600

-500

-400

-300

-200

-100

0

100

200

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Individual)

個體營業損益個體營業損益率Operating

profitProfit and loss ratio

Profit and loss ratioOperating

profit


Net Income (after tax)

25

-86

-560 -651

-3,691

-557

617

-0.95%

-7.32%

-8.82%

-49.08%

-8.48%

8.33%

-60.00%

-50.00%

-40.00%

-30.00%

-20.00%

-10.00%

0.00%

10.00%

20.00%

-4,000

-3,500

-3,000

-2,500

-2,000

-1,500

-1,000

-500

0

500

1,000

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Consolidated)

合併稅後淨利合併稅後淨利率

343

-168 -176

-1,076

-301

827

10.08%

-4.18%

-4.27%

-24.96%

-8.14%

20.43%

-30.00%

-25.00%

-20.00%

-15.00%

-10.00%

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

-1,500

-1,000

-500

0

500

1,000

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

(Individual)

個體稅後淨利個體稅後淨利率Net income Net income Net income marginNet income margin


Earnings Per Share/Net Value Per Share

26

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

每股盈餘 0.15 -0.08 -0.07 -0.46 -0.13 0.35

0.15

-0.08 -0.07

-0.46

-0.13

0.35

-0.6

-0.5

-0.4

-0.3

-0.2

-0.1

0

0.1

0.2

0.3

0.4

Earnings Per Share(NTD)

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

Net value pershare(NTD)

15.48 15.27 15.37 15.03 14.84 15.02

15.48

15.27

15.37

15.03

14.84

15.02

14.4

14.6

14.8

15

15.2

15.4

15.6

Net value per share(NTD)

EPS (NTD)


Main Financial Ratio

27

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

負債佔資產比率 76.33% 77.50% 76.39% 78.44% 78.91% 79.00%

流動比率 72.71% 70.73% 71.26% 70.17% 73.70% 76.21%

速動比率 41.97% 41.83% 41.81% 42.14% 44.39% 45.96%

72.71% 70.73% 71.26% 70.17%73.70% 76.21%

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

(Consolidated)

負債佔資產比率流動比率速動比率

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

Debt Ratio 55.66% 56.95% 56.34% 57.25% 57.61% 57.62%

Current Ratio 134.31%100.50%101.34% 82.47% 102.52%173.92%

Quick ratio 91.37% 69.43% 71.11% 58.64% 71.49% 120.90%

134.31%

100.50%101.34%

82.47%

102.52%

173.92%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

140.00%

160.00%

180.00%

200.00%

(Individual)

Debt Ratio Current Ratio Quick ratio

Debt Ratio

Current Ratio

Quick Ratio


Enhancing ESG


• COD Capacity

Solar Business

* Two SPV were sold in 2021**The Capacity include two sold SPV – Contract Capacity 542MW, COD Capacity 179 MW

TT Solar Business

366MW• COD Capacity 123MW


Solar Business

30

Professional Solar EPC and O&M company with the advantages of supply chain integration. The project performance is spread all over Taiwan.

Real-time management of the intelligent monitoring system.

Focusing on the public roof top projects. Cooperate with national policies, and do not break the

law for profit.

The closest to vertically integrated solar system supplier in Taiwan.

Long-term and stable cooperation with construction manufacturers to control 0extremely high quality.

The most professional maintenance team in the country, with the shortest troubleshooting time.Develop

ment

OM Service

construction

Design

Position

Target Market

Segmentation


Smart Energy Business

31


=「 System integration 」+

「Energy Management」

Core Business：

AFC

Integrated energy storage application

Micro-Grid Service

Advantages：

Professional SI

Best EMS Service

Comprehensive cloud management system



32

AFC project with Taipower

• 1MW AFC Service contract signed with Taipower is one of the first AFC project in Taiwan.

• First domestic project passed UL9540 on-site safety certification

First

Project

4MW Day-Ahead Market AFC Project

Expect to provide service on Sep 2021

(Follow Taipower’s schedule)

25MW Day-Ahead Market AFC ProjectExpect to provide service on Q4 2022

Philippine National Electric Company’s Outlying Island MicrogridDemonstration Project Stepping stone to South Asia Market

Key

Projects



33

Session 3Prospective Planning



Increase profitability

1)Increase Sales (focus on core businesses and incubate

emerging businesses)

2)Optimize Manpower (organization vitality recovery plan)

3)Power of Brand/ Export Market (Global Business Expansion)

4)Reduce Non-operation Expenses


Focus on core businesses and incubate emerging businesses

• Electric Bus motor/Drive

• Electric Commercial Vehicle Motor/Drive

Electric Car

Motor

• Solar Power System、Energy storage

system

• Smart Micro-Grid System

Smart Energy

• Smart Hospital Medical System

• Acting for foreign medical products

SmartMedical


Estimated based on the Executive Yuan's comprehensive electrification policy for passenger transport (bus) in 2030 Source：Bloomberg New Energy Finance

62 82 109 145 358 591 697 718 952 12641677

22242952

3917

314 396 505 650 10081599

22963014

3966

5230

6907

9131

12083

16000

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

國內電動巴士年銷量預估(輛)

年銷量累計銷量

EV BUS Market/Milestone

Electric Vehicle Car

Estimated annual sales of

domestic electric buses (Vehicles)

Global electric vehicle market size

Annual Sales Accumulated Sales

Thousand vehicles


Electric vehicle key power system provider

Driver

EV Motor

250kW City Bus

330kW Intercity Bus(Designing)

160kW Commercial Car

(planning)

Electric Vehicle Car


TAV/Tron-e 250kW matching systemMP

Collocation with chassis manufacturing company to strive for export business opportunities

Demonstration production site in TT HQ.

EV production site at M10 factory

DMIT Project of 330kW Power system MASTER TRANSPORTATION BUS MANUFACTURING LTD

IATF16949 Certification

Logistics Commercial Vehicle

Expended EV production site at M03 Factory

2021 2023

Sedan Power System

2022

1. Become a major supplier of electric vehicle power systems2. Speed into the electric vehicle ecosystem by investing in an electric vehicle design

and manufacturing company

Started the evaluation and investment of M2 commercial vehicle chassis electric vehicle design

and manufacturing system company

Goals and vision


330kW Peak power output

Focus : Intercity BusMaster Transportation Bus Manufacturing /Kuo-Kuang Motor Transportation

ProterraLion

Focus: City BusTAV/SF-ebusTron-e

250kW Peak power output 170kW Peak power output

Focus : Business Car 、SUVCruise10

2021 2022 2023

Drive product development based on customer needs

Product

Positioning


Energy Forever

Taipei City

New Taipei City

Taoyuan City

Hsinchu County

Nantou County

Pingtung County

Penghu County

Kinmen County

Taichung CityChanghua County

Tainan& Kaohsiung City

Dongsha Island

Nansha Island


2021年40MW

2022年109MW

2023年298MW

2024年487MW

2025年590MW

Based in Taiwan, looking internationally

Taipower plans to build energy storage for 2025

590MW+300MWFast Responsive Reserve

AFC 1+4MW

Yongan 1MW

Shalun 1MW

Zhangbin 1.5MW8.5MW

Energy Forever


Roof Top Type

3→8GW

Ground Type

17→12GW

■ Reached 60% market share in public rooftop sector：

Estimated COD capacity as 223MW in the end of 2021

■With the relaxation of building regulations, four types

of roof installation are mainly promoted ：

Factory roofs, other roofs, public roofs and agricultural

facilities 。

■ Land meets demand at this stage ：

Prioritize the exclusion of important national

wetlands and environmentally sensitive areas

■ 20,000 hectares of unused farmland has been

targeted by Council of Agriculture

Solar Market Energy Forever


Speed Brand Internationalx x

3 Directions of Changing and Transformation


Efficiency System Accelerates Organization

International

Brand

Speed

• Mobility ManagementWalk into Factory and Workplace

• eManager ManagementInstant Operation Report, KPI Visualization

• Global Executive Weekly MeetingWeekly discussion on New Ideas


• Presentation SystematizationPresentation Template Standardization and Systematization

• Marketing DigitizationBuild up a Marketing Digitization Team to Introduce New

Marketing Model

• Sense of Honor and ConfidenceRetrieve Sense of Honor and Confidence for All Staff

Branding ”Tatung”, Retrieve Soul of Tatung Brand

International

Brand

Speed


• Establishing Global Sales TeamIntegrating and Establishing a Global Sales Team that Consisted

of Talent from Various BU

• Establishing Project Team for New

Opportunity in US and NSP Introduce new marketing models to penetrate specified market

• Cooperation with New Venture Cooperate with New Venture to Quickly Enter into New Market

Global Biz Development

International

Brand

Speed


Thank you

48機密等級標示

Documents

Tatung Company H1 2021 Analyst Meeting