Tainergy Tech Co., Ltd. · TWSE:4934
Tainergy Tech — Investor Conference 2023
25 slides from Tainergy Tech's conference presentation, Aug 30, 2023
Slide 1: Tainergy Tech Co., Ltd. Investor Conference
TAINERGY TECH CO.,LTD. Investor Conference Stock Code：4934 Date：2023/08/30 ~2023/08/31 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice The information provided in this presentation contains forward-looking statements. This forw ard-looking statement will be affected by risks, uncertainties and inferences, some beyond ou r control, and actual results may differ materially from these forward-looking statements. As
Slide 3: Outline
Outline 1.Company Profile 2.Products 3.Financial information 4.Deep Discussion 3
Slide 4: Outline: Company Profile
Outline 1.Company Profile 2.Products 3.Financial information 4.Deep Discussion 4
Slide 5: Investment structure
Investment structure Tainergy(4934) equity method investment： NTD2.25 bill. Paid-in share Investment investment company Invested company Zhongli, Taiwan capital ratio Star Solar New Tainergy TW 14 mill. 35.70% Energy 47.66% Suzhou Kenmec Taisic Tainergy Vinergy Tainergy Kunshan Property RMB 0.252 bi
Slide 6: Company Profile
Company Profile ： SIC 1.Self-made long-crystalline SiC wafers 47.66% and seeds 2. 4”and 6”SI type for 5G communication applications Tainergy 3. 4”and 6”N type for In-vehicle, POWER application 1.Solar mono/poly c cell 4.Self-developed equipment 2.3rd-generation semiconductor material SIC Solar Cell
Slide 7: Company Profile - Tainergy
Company Profile -Tainergy ①TAINERGY TECH CO.,LTD. ②Founded in ：2007/5 ③Capital：NTD 2.25 bill. ④President：Frank Hsieh ⑤Ownership structure：Kenmec 27.2% ⑥Group employees : About 650 7
Slide 8: Company Profile - Taisic
Company Profile -Taisic ①TAISIC MATERIALS CORP. ②Formerly known as the SiC business group establish ed at the end in 2018 of Tainergy ③Founded in ：2020/６ ④Capital：NTD0.5 bill. ⑤President：Kevin Hsieh ⑥Major shareholder Tainergy47.66%, Kenmec 8.8%, Hon Yuan International Investment 10% ⑦Date of Listin
Slide 9: Outline: Products
Outline 1.Company Profile 2.Products 3.Financial information 4.Deep Discussion 9
Slide 10: Tainergy - Solar Cell
Tainergy-Solar Cell Bifacial Mono PERC Cells Bifacial Mono PERC Cells 166mm (M6) 9BB Half-cut 182mm (M10) 10BB Half-cut 10
Slide 11: Factory of Vietnergy
Factory of Vietnergy Vietnergy Gate Vietnergy Office Vietnergy Factory Vietnergy Gate (Back) 11
Slide 12: Production Process - PERC Cells
Production Process –PERC Cells Vietnergy conducts the whole process from silicon wafer to solar cells in Vietnam, which is qualified to obtain the COO issued by VCCI. 12
Slide 13: Tainergy Technical Roadmap
Tainery Technical Roadmap Current Eta Eta target Eta target Eta target Eta target 22.3 22.5 22.6 22.7 >23.0 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 Eta gain +0.10% Eta gain +0.10% Eta gain +0.10% Eta gain +0.10% Eta gain +0.20% 1. Rear side CAP 1. LP diffusion 1. ALK optimized 1. Electrode paste 1. 182 c
Slide 14: SiC product portfolio
SIC product portfolio Size Product Application Automotive Electronics Renewable Energy Industrial Server 5G / Base Station Satellite Aerospace 14
Slide 15: Taisic - SiC Product industry chain
Taisic-SIC Product industry chain Raw Ingot Substrate Epiwafer IC Component Power materials module Self Single crystal Wafer Epitaxy Wafer IC packaging made growth Finishing fabrication Taisic business scope 15
Slide 16: Taisic Products - SiC ingot & Substrate
Taisic Products-SIC ingot &Substrate 4”SiC Ingot 6” SiC Boule 6” SiC Ingot SI Type N Type Substrate Substrate 4”, 6” 4”, 6” 16
Slide 17: Tainergy - Solar system operation
Tainergy-Solar system operation 17
Slide 18: Tainergy - Solar system
Tainergy-Solar system 1 18
Slide 19: Tainergy - Solar system
Tainergy-Solar system 2 19
Slide 20: Outline: Financial information
Outline 1.Company Profile 2.Products 3.Financial information 4.Deep Discussion 20
Slide 21: 2023 H1 Income Statement
2023 H1 Income Statement Unit NT$ million EPS NT$ dollar 2023 Qt Q2 Grand total Accounting Title Amount] % | Amount] % |Amount| % Net Sales 630} 100 712| 100 1,341] 100) cost of sales 539| 87 610} 86 1,149] 86) Gross profit 91| 13 102| 14 193| 14 Operating Profit (4)| (4) S| 1 1| 0 Profit Before Tax
Slide 22: 2023 H1 Balance sheet
2023 H1 Balance sheet Unit: NT$ million Q1 Q2 Accounting Title Amount Amount Current assets 1,695 1,740 Non-current assets 1,630 1,635 Total assets 3,325 3,374 Current liabilities 556 604 Non-current liabilities 245 228 Total liabilities 801 832 Ordinary share 2,250 2,250 Total equity attributable t
Slide 23: 2023 H1 Cash Flows
2023 H1 Cash Flows Unit: NT$ million Accounting Title 1/1-3/31 1/1-6/30 cash from operating activities 79 91 cashfrom investing activities (7) (41) cash from financing activities (64) (81) others (0) (8) net cash flow 8 (38) beginning balance 770 770 ending balance 778 732 Yield-focused Financial 25
Slide 24: Outline: Deep Discussion
Outline 1.Company Profile 2.Products 3.Financial information 4.Deep Discussion 24
Slide 25: Tainergy Tech
2 TA =RGY Tainergy Tech