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昇貿 2025Q3 法人說明會
3305上市
法人說明會
昇貿 2025Q3 法說會簡報重點與營運摘要

Shenmao Technology Inc. (昇貿科技股份有限公司)

Company Overview

  • Company Name: Shenmao Technology Inc. (昇貿科技股份有限公司)
  • Slogan: YOUR ULTIMATE CHOICE FOR SOLDER
  • Experience: Over 50 years of soldering expertise.
  • Listed Status: Taiwanese listed company (Stock Code: 3305).
  • Core Business: R&D, manufacturing, sales, and service of solder products.
  • Market Position: Top 3 solder material manufacturer worldwide.
  • Customer Base: Over 90% of top Electronic Manufacturing Services (EMS) providers use Shenmao products.
  • Global Reach: 8 manufacturing plants and over 10 service locations worldwide.

Basic Information

  • Established: October 1973
  • Listed: July 10, 2008
  • Paid-in Capital: NTD 1.342 billion (as of June 2025)
  • Number of Employees: 200 in Taiwan, 500 globally
  • Scope: Production and sales of various solder products
  • Address: No. 665, Datan N. Rd., Guanyin Dist., Taoyuan City, Taiwan

Key Locations

  • Headquarters: Taoyuan City, Taiwan
  • Advanced Materials R&D Center: Hsinchu County, Taiwan
  • Sales Office: Kaohsiung City, Taiwan
  • Manufacturing & Sales Locations:
    • China (Dongguan, Suzhou, Chongqing)
    • Malaysia
    • Thailand
    • Vietnam
    • USA
  • Global Sales Locations:
    • Germany
    • Czech Republic
    • Japan
    • Brazil

International Certifications

  • ISO 9001:2015: Quality Management System
  • IATF 16949:2016: Automotive Quality Management System
  • ISO 14001:2015: Environmental Management System (Valid till 31/Dec/2027)
  • ISO 45001:2018: Occupational Health & Safety Management System (Valid till 31/Dec/2027)

Financial Highlights

Consolidated Income Statement (2022-2025)

Item2022202320242025 Q1-Q2
Operating Revenue8,418,7826,118,6008,210,6764,819,398
Gross Profit866,268886,6071,081,591599,922
Operating Income402,686384,048572,722323,524
Net Income After Tax532,102230,272409,071180,421
EPS After Tax (NTD)4.041.743.101.38

Business Segments

Subsidiaries (Shenmao Technology Group)

CompanyShareholdingInvestment Amount
Shenmao Industrial (Hong Kong) Co., Ltd. (香港)100.00%HKD 15,000 (thousands)
Shenmao Solder Materials (Suzhou) Co., Ltd. (蘇州)100.00%USD 17,965 (thousands)
Shenmao Solder (Malaysia) Co., Ltd. (馬來西亞)100.00%MYR 10,989 (thousands)
Shenmao Technology (Thailand) Co., Ltd. (泰國)100.00%THB 100,000 (thousands)
Dongguan Shenyang Solder Materials Co., Ltd. (東莞)100.00%USD 9,500 (thousands)
Shenmao Electronics Technology (Chongqing) Co., Ltd. (重慶)100.00%USD 4,000 (thousands)
Shenmao America Inc.100.00%USD 5,300 (thousands)
Shenmao Solder Materials (Vietnam) (越南)100.00%USD 5,000 (thousands)
Jiamao Optoelectronics Co., Ltd. (嘉貿光電)96.04%NTD 70,821 (thousands)
Chengce Technology Co., Ltd. (承測科技)91.77%NTD 143,000 (thousands)
Dairui Technology Co., Ltd. (大瑞科技)100.00%NTD 1,041,495 (thousands)
Shenmao Construction Development Co., Ltd. (昇貿建設)20.00%NTD 600,000 (thousands)
Zuonan Huiguan Development Co., Ltd. (左岸會館)43.00%NTD 250,260 (thousands)

Products & Technologies

Product Categories

Semiconductor Packaging

  • Precision Solder Balls
  • Ball Attach Flux Paste
  • Water Soluble Solder Paste
  • Flip Chip Flux Paste/Solder Paste
  • Wafer Bumping Solder Paste
  • LED Flip Chip Solder Paste
  • Epoxy Flux Paste/Solder Paste

Electronic Assembly

  • No-Clean Solder Paste
  • Lead-Free/Leaded Bars & Wires
  • Liquid Flux (Solvent/Water-Based)
  • Solder Preforms
  • Rework Solder Paste

Other Products

  • Lead-Free/Leaded Solder Powder
  • Pure Tin Plating Anodes
  • Cleaning Agents (Solvent/Water-Based)

Key Product Innovations

Recycled Solder Products

  • UL 2809 certificated, composed of 100% recycled tin alloy.

Low Temperature Solder (LTS) Products

  • SMT Reflow profile optimized for reduced carbon footprint.

High Reliability Lead-Free Products

  • PF918-P250 & PF719-P250 series for automotive electronics, servers, etc.

Ultra High Reliability Solder Alloy (PF925)

  • Excellent thermal-fatigue resistance with multiple patented compositions.

Thermal Interface Materials (TIM)

  • Low melting point metal TIMs and conductive tapes for heat management.

R&D Team

Advanced Materials R&D Center

  • Established in 2016, with NTD 120 million investment.
  • World's largest packaging material research unit in Taiwan.

Personnel Education Breakdown

  • Ph.D.: 7%
  • Master’s: 30%
  • Bachelor’s: 63%

Sustainability & ESG

Recycled Solder Products

  • Recycled tin reduces carbon emissions by over 90%.

LTS Impact Example with Lenovo

  • Reduced 10,000 metric tons of CO2 emissions in one fiscal year.

Outlook & Strategy

Focus Areas

  • Expansion into environmentally friendly and high-reliability products.
  • Developing advanced semiconductor packaging materials.

Licensing and Agency

  • Exclusive rights for HBM 3D stacking process reflow ovens from a Korean brand.

Additional Data

Carbon Footprint Savings

  • Tin recycling saves 99% of emissions compared to primary refinement.

R&D Impact Metrics

  • Education levels clearly broken into actionable recruitment priorities.

Feel free to add new sections as data evolves!

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