History - SuperAlloy Industrial Co., Ltd.

An exceptional history of growth year on year and continuing to surpass expectations

1994-06

SAI was founded with capital of NT$ 28 million.

1998-05

Purchased additional fixed assets and built Plant 1 by raising an additional NT$300 million through issuing new shares and NT$29.7 million through earnings recapitalization. The company’s capital was increased to NT$527.7 million.

1999-05

SAI purchased additional fixed assets and increased its total paid-in capital to NT$198 million by raising an additional NT$30 million in cash and NT$8 million through undistributed earnings recapitalization.

2000-05

SAI purchased additional fixed assets and built Plant 1 by raising an additional NT$300 million through issuing new shares and NT$29.7 million through earnings recapitalization. SAI’s total paid-in capital was increased to NT$527.7 million and was renamed SuperAlloy Industrial Co., Ltd.

2000-11

Plant 1 was completed and inaugurated (Land area: 18,190.67 m2)

2001-09

SAI purchased additional fixed assets by raising an additional NT$100 million in cash through issuing new shares, with the total paid-in capital increased to NT$627.7 million.

2002-07

SAI purchased additional fixed assets by raising an additional NT$172.3 million in cash through issuing new shares, with its total paid-in capital increased to NT$800 million.

2003-03

SAI leased a land area of 61,445.88 m2 in Yunlin Industrial Park from Industrial Development Bureau, Ministry of Economic Affairs for the expansion of the new plant.

2003-05

SAI purchased additional fixed assets and built Plant 2 by raising an additional NT$200 million in cash through issuing new shares, with its total paid-in capital increased to NT$1 billion.

2003-11

SAI invested NT$300 million in the construction of Plant 2 Building B which was completed and went into production in Q3, 2004.

2003-12

SAI received approval from the Industrial Development Bureau, Ministry of Economic Affairs for a five-year exemption program (Reference No. 0920518560). The total investment amount of machinery equipment reached NT$1.358 billion.

2004-05

SAI invested NT$1 billion in the construction of Plant 2 Building A which started the production in Q3, 2004. The construction was completed in Q3, 2005.

2004-06

SAI purchased additional fixed assets and built Plant 2 by raising an additional NT$128 million in cash through issuing new shares with its total paid-in capital increased to NT$1.08 billion.

2004-08

Phase I (Building B) of Plant 2 was completed.Machines installed and production begun.

2004-12

Plants were expanded and additional equipment purchased by raising an additional NT$192 million in cash through issuing new shares at a premium of NT$120 million, with paid-in capital increased to NT$1.2 billion.

2005-01

Expanded its plants (Building E of Plant 2) and purchased additional equipment by raising an additional NT$360 million in cash by issuing new shares at a premium of NT$225 million, with paid-in capital increased to NT$1.425 billion.

2006-10

Expanded its plants and purchased additional equipment by raising NT$900 million in cash through issuing new shares at a premium of NT$200 million, with SAI’s paid-in capital increased to NT$1.625 billion.

2007-10

SAI recapitalized earnings in the amount of NT$140.5 million, brought its paid-in capital to NT$1.7655 billion.

2008-09

SAI recapitalized earings and additional paid-in capital in the amount of NT$31.779 million through issuing new shares, with its total paid-in capital was increased to NT$1.798 billion.

2009-07

SAI raised an additional NT$187.5 million in cash, and issued the stock at a discount price (NT$ 5 off), with its capital increased to NT$2.173 billion.

2010-08

SAI reduced the capital to offset losses, with its paid-in capital decreased to NT$ 1.828 billion.

2010-11

Won “Award for Contribution to Employment Creation” from Executive Yuan.

2011-08

Won “Excellent Taiwan Exporters and Importers (2010) Award” from Bureau of Foreign Trade.

2012-10

Won “Excellent Taiwan Exporters and Importers (2010) Award” from Bureau of Foreign Trade.

2013-01

Nominated for final 20 candidates of “1st Taiwan Mittelstand Award”.

2013-08

Won “Excellent Taiwan Exporters and Importers (2010) Award” from Bureau of Foreign Trade.

2016-04

Groundbreaking for new Painting Plant in Germany, land area of 15,000 m2 in Freudenstadt.

2016-07

Purchased a land area of 98,660.44 m2 in Pingtung City for capacity expansion.

2017-06

The German, Freudenstadt Painting Plant started trial run.

2017-09

The German, Freudenstadt paint factory is fully operational and started delivering wheels.