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Corporation Presentation2017 Nov.

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TSMT in Brief•Founded : in 1990•HQ : No.437, Taoying Rd., Taoyuan City, Taiwan•Capital : $USD 100M•Revenue:$USD 0.93B(2016); $USD 0.65B(2017Q3)• Listed:6278.TW•Employees : (2016)9,805;(2017Q3)8,139•Capacity : 180 SMT lines, 8 Factories (Taiwan ,China &

India)•Web‐Site: http://www.tsmt.com.tw

Basic Profile

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台表科 (6278.TW)

TSMT Group Structure

TSMT(BVI)TSMT(HK)

峻泓(香港)

峻泓(蘇州)

峻泓光電

RM(BVI)

RML(HK)

RMIHTSMT(USA)

85.24%

峻凌電子(蘇州)

100%

峻凌電子(東莞)

100%

台表科技(蘇州)

100%

峻凌電子(寧波)

100%

峻凌電子(廈門)

100%

峻凌電子(合肥)

100%

寧波永富貿易公司

100%

峻凌電子(重慶)

100%

峻凌電子(成都)

100%

TSMT(SG)

100% 100%99.99%

TSMT(INDIA)

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EMS Business Model_to Provide professional TQMDC

SMT Process

Consumer Products Finished Products(LCD Control Board)

Materials: PCB, IC, LED, FPC

Turnkey

Self-procuredmaterials

ConsignmentConsignment

Materials providedMaterials providedby clients

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• All plants are inter-connected through central ERP system • Advantages of co-location include timely delivery and cost efficiency• All plants are inter-connected through central ERP system • Advantages of co-location include timely delivery and cost efficiency

Results in stronger relationships with customers, operatingefficiency & capture more business opportunities

Manufacturing Platform-in AsiaStrategic Co-location with Main Customers

Taiwan

Su Zhou

Set up on 1999 Aug.

員工人數：4,167人

Dong Guan

Set up on 1997

員工人數：885人

Xia Men

Set up on 2006 May

員工人數：719人

重慶

合肥

Ning Bo

Set up on 2006 Feb.

員工人數：401人

成都

東莞

廈門 台灣

寧波

蘇州

He Fei

Set up on 2010 Jan.

員工人數：440人

Set up on 1990 Mar.

員工人數：706人

Chong Qing

Set up on 2010 Aug

員工人數：721人

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2010Q3

Manufacturing Platform-in India

新德里New Delhi

Mumbai孟買

清奈Chennai

MWCMahindra World City

金奈國際機場(MAA)

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2010Q3

TSMT Technology (India) Chennai Factory

The TSMT Chennai Manufacturing Facility is located in Zone of Domestic Tariff Area (DTA) ,

Mahindra World City (MWC), India’s first integrated business city.

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Production Capacity& Capability

Economies of scale further strengthen competitiveness of TSMT

capacity (SMT Lines)

生產基地 2012 2013 2014 2015 2016 2017Q3東莞DG 30 26 22 20 20 18

蘇州SZ 80 83 73 65 65 66

寧波NB 29 22 22 20 19 12

廈門XM 22 28 28 30 25 20

台灣TW 16 16 16 17 17 16

合肥HF 13 13 5 4 4 8

重慶CQ 5 7 14 14 15 15

India - - - - - 5

總數 195 195 180 170 165 160

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Financial Highlights-2016 Annual Results

(USD’000) 2016 2015 Change

Revenue 931,379 949,753 -1.93%

Gross profit 83,429 85,059 -1.92%

Operating profit 35,271 35,245 0.07%

Net profit 17,998 28,303 -36.41%

Gross profit margin 8.96% 8.96% 0.00pp

Operating profit margin 3.79% 3.71% 0.08pp

Net profit margin 1.90% 2.98% -1.08pp

Basic EPS (NTD) 1.95 3.05 -36.07%

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Financial Highlights-2017 Q3 Results

(USD’000) 2017 Q3 2016 Q3 Change

Revenue 654,201 665,241 -1.66%

Gross profit 52,881 60,019 -11.89%

Operating profit 12,427 23,444 -46.99%

Net profit 18,865 13,366 41.14%

Gross profit margin 8.08% 9.02% -0.94pp

Operating profit margin 1.90% 3.52% -1.62pp

Net profit margin 2.88% 2.01% 0.87pp

Basic EPS (NTD) 1.97 1.48 33.11%

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Turnover & Margin Analysis

253 

288  299 280 

226  226 249  249 

212  200 

257  263 

224  214  216 

9.34%

9.98%

8.80%

10.33%

7.56%

8.94%

10.02%

9.17%9.59%

8.11%

9.26%8.79%

7.80%

8.38%8.09%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

 ‐

 50

 100

 150

 200

 250

 300

 350

1Q2014 2Q2014 3Q2014 4Q2014 1Q2015 2Q2015 3Q2015 4Q2015 1Q2016 2Q2016 3Q2016 4Q2016 1Q2017 2Q2017 3Q2017

Turnover USDm GMP %

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Financial Position

*Gearing Ration=Total Borrowings(other than payables in ordinary course of business) over total equity

(USD’000)As at 31 Dec 2016As at 31 Dec 2015

Change(audited) (audited)

Total assets 920,962 892,535 3.18%

Net assets 359,460 369,439 -2.70%

Total borrowings 141,588 122,188 15.88%

Cash and bank balances 210,243 187,041 12.40%

Total equity 359,460 369,439 -2.70%

Gearing Ration* 39.39% 33.07% -

Inventory turnover days 33 days 30 days +3 days

A/R turnover days 145 days 145 days -

A/P turnover days 132 days 129 days +3 days

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Financial Position

*Gearing Ration=Total Borrowings(other than payables in ordinary course of business) over total equity

(USD’000)As at 30 Sep 2017 As at 30 Sep 2016

Change(reviewed) (reviewed)

Total assets 859,258 916,054 -6.20%

Net assets 364,914 369,879 -1.34%

Total borrowings 140,535 150,694 -6.74%

Cash and bank balances 229,869 205,863 11.66%

Total equity 364,914 369,879 -1.34%

Gearing Ration* 38.51% 40.74% -

Inventory turnover days 32 days 30 days +2 days

A/R turnover days 150 days 143 days +7 days

A/P turnover days 135 days 127 days +8 days

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Finished products - applications

Control Board 控制板(Panel driver面板)

Control Board 控制板(Panel driver面板)

Touch ControllerIC Board

Touch ControllerIC Board

LED Light Bar 光棒(back light driver 背光)

LED Light Bar 光棒(back light driver 背光)

Since JULY 2012Since 2007

11%33%41%

About 20m pcs About 17m pcs About 10m pcs

Since 2000Year of launch:

Monthly output:

Proportion to revenue:(2017Q3)

Consumer products:

60%

14%

24%

2%

6%

54%

9%

0%

Small-sized

Product

Monitor

Notebook/Tablet

TV

34%

2%

64%31% (since 2015)

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Finished products - applications

Control Board (Panel)Control Board (Panel)Touch Controller

IC BoardTouch Controller

IC BoardLED Light BarLED Light Bar

US$2~6US$0.3~6

8%~9%7%~8%8%~10%

US$2~6

Gross profit margin:

Major Clients:(85% revenue contribution)

Average selling price:

15

Thanks