Winsun Cambodia opening ceremony ribbon with Chairman Tai Chao Rong (second from the left), local Cambodian officials (center), local distributors (second from the right), independent BOD Yu Shang wu (first from right), and Winsun General Manager Tung Chi Ming (left), Picture/Lee HanMin
TWSE stock No. 8480 TAISUN-KY one of the leading brand of diapers in south East Asia. They recorded highest revenue in the first quarter and officially returned to the high-growth track. The company recently held the opening ceremony of the new factory (Winsun Cambodia) in Phnom Penh, Cambodia. More than 200 people including local Cambodian officials, representatives of enterprises and bank groups, and local gentry attended the ceremony. The reporter especially visited TAISUN-KY New Factory in Phnom Penh, Cambodia. To interviewed the key man of TAISUN-KY Mr. Tai Chao Rong who is one of the successful businessman overseas. To know how he led the team to operate with innovation and become a new star in Asean's growth concept stocks. .
He said that the new factory in Phnom Penh, Cambodia is located in the Phnom Penh Economic Special Development Zone. It is one of the best industrial areas in Cambodia and is only 20 minutes away from Phnom Penh City Airport. The location is moderate and the traffic is convenient. TAISUN-KY plans to invest a total of US$22 million in two phases over a period of five years in approximately 40,000 square meters of land. The first phase will invest US$12 million and will introduce high-speed full automation of two baby pull on pants and one sanitary napkin. After the first phase of full-scale mass production, the production line will be expected to reach an annual output value of US$30 million within five years. It is estimated that the second phase of the project will be implemented in 2023 with an investment of approximately US$10 million, and the introduction of three advanced equipments will be expanded to Cambodia. The new factory in Phnom Penh has reached an annual output value of over US$60 million.
He also mentioned that TAISUN-KY was established in Ho Chi Minh City, Vietnam in 2001 and became the first company in South Vietnam that had successfully listed on Taiwan stocks in January 2017. At present, in addition to the main factory in Ho Chi Minh City, Vietnam, and the new one in Phnom Penh, Cambodia, there are also branch offices in Taipei, Taiwan and Bangalore, India. Now in the personal hygiene industry, baby/adult diapers are the top one market share in Cambodia, and also the top three in Vietnam. We are one of the professional leading manufacture and service providers. Except Vietnam local sales, our products are also exported to other countries in the Asia Pacific, Europe and the United States.
Mr. Tai Chao Rong find that in Cambodia have good investment opportunities, rapid economic development and Cambodia business is getting better year by year. Therefore he decided to invest in this modern production and operation base factory in Phnom Penh Economic Special Development Zone. He pointed out that he will use the new factory in Phnom Penh, Cambodia as an important base, continue to focus on brand building and access expansion, deepen the Cambodian local market and actively explore other ASEAN high-potential markets. And through this investment in Cambodia, will hire hundreds of local employees, offer professional training at home and abroad, give better benefits and comfortable working environment. TAISUN-KY will follow the original intention and commitment to improve performance and sustainable management; it also contributes to Cambodia’s local social-economic and industrial upgrading.