錦明實業 (3230) 2026Q1 法說會簡報

Company Overview

• 公司名稱 (Company Name): 錦明實業股份有限公司 (JIIN MING INDUSTRY CO., LTD.)
• 股票代號 (Stock Code): 3230
• 簡報日期 (Presentation Date): 2026年04月16日
• 成立年份 (Established): 1987
• 資本額 (Capital): 新台幣 8.6億元
• 總部 (Headquarters):
  • UAV - 無人機事業 (Unmanned Aerial Vehicle Business)
  • EPC - 工程事業 (Engineering, Procurement, Construction Business)
  • VIIDA - 品牌事業 (Brand Business)
  • 無人機研發中心 (UAV R&D Center)
• 寧波旺泉 (Ningbo Wangquan):
  • 各種資訊、通訊和消耗性電子產品內構件及外殼之製造及加工 (Manufacturing and processing of internal components and casings for various information, communication, and consumer electronic products)
  • 各種精密模具之設計及製造 (Design and manufacturing of various precision molds)
  • 光模組產品製作 (Production of optical module products)

歷史沿革 (History)

• 1987: 創立錦明實業股份有限公司 (Established Jiin Ming Industry Co., Ltd.)
• 1993: 通過台灣第一家 ISO9000 認證五金沖壓廠 (Passed ISO9000 certification as Taiwan's first metal stamping factory)
• 1996: 與飛利浦彩色監視管亞太區建立合作夥伴關係,並於南京共同合資成立工廠 (Established partnership with Philips Color Display Tube Asia Pacific and co-founded a factory in Nanjing)
• 2003: 於昆山設立海外工廠第二據點；台南廠建立 (Established second overseas factory in Kunshan; established Tainan factory)
• 2005: 榮獲 Apple 認證合格供應商,參與 iMac 與 iPod 製造,技術實力獲國際品牌肯定與設備投資 (Certified as an Apple qualified supplier, participated in iMac and iPod manufacturing, recognized by international brands for technical strength and equipment investment)
• 2006: 錦明實業股票上櫃 (股票代號3230) (Jiin Ming Industry listed on stock exchange (Stock Code 3230))
• 2008: 於寧波併購旺泉電子公司,為第三工廠據點 (Acquired Wangquan Electronics Co. in Ningbo, becoming the third factory site)
• 2014: 成立長弈升精密模具 (為錦明子公司) (Established Changyi Sheng Precision Molds (a Jiin Ming subsidiary))
• 2017: 品牌事業部成立 VIIDA 正式上線 (Brand business unit VIIDA officially launched)
• 2018: 通過 IATF 16949:2016 五金沖壓件生產資質 (Passed IATF 16494:2016 certification for metal stamping parts production)
• 2021: 跨足新能源與儲能業務 (Expanded into new energy and energy storage businesses)
• 2023: 與國防協會及創未來合作無人機防禦塔 (Collaborated with National Defense Association and Future Creation on UAV defense towers)
• 2024:
  • 加入台灣卓越無人機海外商機聯盟 (Joined Taiwan UAV Overseas Business Alliance)
  • 取得資訊機房建置 ISO 45001:2018 及 ISO 27001:2022 認證 (Obtained ISO 45001:2018 and ISO 27001:2022 certifications for data center construction)
• 2025:
  • 取得東南亞數據中心合作協議 (Obtained cooperation agreement for Southeast Asian data centers)
  • 成功研發無人機並已與國軍合作 (Successfully developed UAVs and collaborated with the national military)

品質與技術認證 (Quality and Technical Certifications)

• 品質管理 (Quality Management): 自產品機構設計之可行性評估、材質諮詢選擇、產品打樣暨量產到售後服務之所有流程,都是我們把關品質的範疇。廠內即配備量測機具及檢測設備,實行嚴格的場內監控以達到最佳良率。 (From feasibility assessment of product mechanical design, material selection consultation, product prototyping and mass production to after-sales service, all processes are within our scope of quality control. The factory is equipped with measuring instruments and testing equipment, implementing strict on-site monitoring to achieve optimal yield.)
• 品保認證 (Quality Assurance Certifications):
  • ISO9001:2015
  • QC080000:2017
  • ISO 45001:2018
  • ISO/IEC 27001:2022
• 獲獎肯定 (Awards):
  • GOOD DESIGN AWARD 2020
  • ASIA PACIFIC FOOR IMACPRMED (Partial text from logo)
• 專利技術 (Patent Technology): Multiple certificates displayed.

Financial Highlights

簡易合併綜合損益表 (Consolidated Income Statement)

• 單位 (Unit): 新台幣仟元 (NTD Thousand)

• 註 (Note): 過去公司以毛利較低之五金沖壓/模具業務為主,隨著公司轉型的推動,在子公司股權處分資產活化下外加產品組合的調整,毛利結構已明顯改善,並將資金轉投入軍工產業,積極布局無人機自主研發。(In the past, the company primarily focused on lower-margin metal stamping/mold businesses. With the company's transformation, asset revitalization through subsidiary equity disposal, and product portfolio adjustment, the gross profit structure has significantly improved. Capital is now being invested in the military industry, actively developing independent UAV R&D.)

營收結構的結構性轉型藍圖 (Revenue Structure Transformation Blueprint)

• 營運概況-產品別營收占比 (Operations Overview - Revenue Share by Product): 錦明正由過去高度集中於單一製造業務的營收結構,轉型為多元事業引擎並行的經營模式。(Jiin Ming is transforming from a revenue structure highly concentrated in a single manufacturing business to a multi-engine business model.)
• 2026Q1 營收占比 (Revenue Mix):
  • 五金沖壓/模具 (Metal Stamping/Molds): 87.57%
  • 品牌 (Brand): 8.64%
  • 工程 (Engineering): 3%
  • 無人機 (UAV): 0.79%
• 2025 營收占比 (Revenue Mix):
  • 五金沖壓/模具 (Metal Stamping/Molds): 85.85%
  • 品牌 (Brand): 9.34%
  • 工程 (Engineering): 2.76%
  • 其他 (Other): 2.06%
• 2024 營收占比 (Revenue Mix):
  • 五金沖壓/模具 (Metal Stamping/Molds): 91.95%
  • 品牌 (Brand): 8.05%

Business Segments

• 製造產業 (Manufacturing Industry): 37年 - 技術深耕,成就卓越品質 (37 years - Deep technical expertise, achieving excellent quality)
• 消費性產業 (Consumer Industry): 8年 - 設計創新,點亮美好生活 (8 years - Innovative design, brightening a good life) (Associated with VIIDA brand)
• 工程產業 (Engineering Industry): 3年 - 高效整合,啟動未來動能 (3 years - Efficient integration, activating future momentum)
• 無人機產業 (UAV Industry): 2年 - 模組整合,掌握空域未來 (2 years - Module integration, mastering the future of airspace)

Products & Technologies

錦明的核心競爭優勢 (Jiin Ming's Core Competitive Advantages)

• 可交付的系統整合平台 (A Deliverable System Integration Platform): 我們的優勢,不是做出產品,而是把產品變成可以交付的系統。(Our advantage is not making products, but transforming products into deliverable systems.)
• 三大競爭壁壘 (Three Major Competitive Barriers):
  • 01 系統整合能力 (System Integration Capability):
    • 整合飛控、通訊AI視覺、任務模組 (Integrates flight control, communication AI vision, mission modules)
    • 將多技術轉化為可運作系統 (Transforms multiple technologies into operational systems)
    • 支援軍用與商業應用場景 (Supports military and commercial application scenarios)
    • From components to complete systems
  • 02 合規供應鏈能力 (Compliant Supply Chain Capability):
    • 建立非紅供應鏈架構 (Establishes a non-Red supply chain structure)
    • 符合國防與友盟國家標準 (Complies with national defense and allied country standards)
    • 降低地緣政治供應風險 (Reduces geopolitical supply chain risks)
    • Access to high-barrier markets
  • 03 量產與交付能力 (Mass Production and Delivery Capability):
    • 37年製造量產經驗 (37 years of manufacturing and mass production experience)
    • 交付導向產品設計能力 (Delivery-oriented product design capability)
    • 已有實際專案交付案例 (Existing actual project delivery cases)
    • From prototype to real deployment
• 核心理念 (Core Philosophy): 市場不缺無人機產品,缺的是能穩定交付的系統公司。(The market does not lack UAV products; it lacks system companies that can reliably deliver.)

自主可控的三層系統架構 (Self-Controllable Three-Layer System Architecture)

• 基礎 (Foundation): 以非紅供應鏈為基礎,三層垂直整合構成錦明的核心競爭壁壘。(Based on a non-Red supply chain, a three-layer vertical integration forms Jiin Ming's core competitive barrier.)
• LAYER 01・基礎層 (Foundation Layer) - 動力與結構 (Power & Structure):
  • 說明 (Description): 37年精密製造底蘊支撐整個系統的物理基礎。這一層決定了產品能否被規模化量產與可靠交付,是多數新進競爭者難以快速複製的壁壘。(37 years of precision manufacturing expertise supports the physical foundation of the entire system. This layer determines whether products can be mass-produced and reliably delivered, forming a barrier that most new competitors find difficult to replicate quickly.)
  • 核心能力 (Core Capability):
    • 引擎/馬達/機體結構製造 (Engine/motor/airframe structure manufacturing)
    • 37 年量產與品質管控經驗 (37 years of mass production and quality control experience)
    • 為規模化交付而設 (Designed for scaled delivery)
• LAYER 02・任務層 (Mission Layer) - 任務彈性 (Mission Payload):
  • 說明 (Description): 模組化任務配置讓同一平台能快速切換偵察、巡檢、訓練、戰術等用途,實現跨市場橫向覆蓋,降低研發重複投入。(Modular mission configuration allows the same platform to quickly switch between reconnaissance, inspection, training, and tactical uses, achieving cross-market coverage and reducing redundant R&D investment.)
  • 核心能力 (Core Capability):
    • 偵察/巡檢/訓練/戰術任務配置 (Reconnaissance/inspection/training/tactical mission configuration)
    • 模組化快速換裝設計 (Modular quick-change design)
    • 快速對應不同市場需求 (Rapid response to different market demands)
• LAYER 03・系統層 (System Layer) - 系統大腦 (Core Control):
  • 說明 (Description): 飛控、通訊、GPS、AI 視覺的系統級整合,是錦明從硬體供應商升級為平台級夥伴的關鍵。台灣研發結合國際技術合作,符合友盟國採購要求。(System-level integration of flight control, communication, GPS, and AI vision is key for Jiin Ming to upgrade from a hardware supplier to a platform-level partner. Taiwan's R&D combined with international technical cooperation meets allied nations' procurement requirements.)
  • 核心能力 (Core Capability):
    • 飛控/通訊/GPS/AI 視覺整合 (Flight control/communication/GPS/AI vision integration)
    • 台灣研發×國際技術合作 (Taiwan R&D × International technical cooperation)
    • 系統級整合交付能力 (System-level integration and delivery capability)

無人機產品線 (UAV Product Lines)

• 對應第一層:即時需求 (Corresponding to First Layer: Immediate Demand) - 戰爭需求 (War Demand):
  • 產品 (Product): VIPER 多旋翼 (VIPER Multi-rotor)
  • 能力 (Capability): 快速部署·模組化任務配置 (Rapid deployment, modular mission configuration)
  • 特色 (Features): High-mobility Tactical FPV UAV, Close-range tactical reconnaissance & precision engagement, Ultra-lightweight FPV drone with immersive first-person control.
• 對應第二層:規模需求 (Corresponding to Second Layer: Scale Demand) - 備戰需求 (Preparedness Demand):
  • 產品 (Products): VIPER 多旋翼 (VIPER Multi-rotor), STRIKER 固定翼 (STRIKER Fixed-wing), SABER LR150E, SABER LR150J, SABER LR300J
  • 能力 (Capability): 長航時・高規格・系統整合 (Long endurance, high specification, system integration)
  • 特色 (Features):
    • High-speed-Long-range ISR UAV (SABER LR300J): Long-range ISR dominance with >300 km/h top speed, Up to 20 mins endurance, extended range >10 km, Multi-payload ready: EO/IR, SAR, comm relays.
    • Mid-Range Electric UAV (SABER LR150): Mid-Range ISR with >150 km/h top speed, Electric motors with up to 40 mins endurance.
• 對應第三層:前瞻需求 (Corresponding to Third Layer: Forward-looking Demand) - 想像需求 (Imagination Demand):
  • 產品 (Product): AI 無人機平台輸出 (AI UAV Platform Output)
  • 能力 (Capability): Cortex AI・系統整合能力 (Cortex AI・System Integration Capability)

持續研發 Future Product (Ongoing R&D Future Products)

• 影像及AI視覺辨識模組 (Image and AI Vision Recognition Modules):
  • AI 視覺辨識模組 (AI Vision Recognition Module):
    • 功能 (Function): 邊緣端即時的目標偵測/追蹤與距離估測,強化態勢感知,同時可用於安防、倉儲與AOI 檢測。(Edge-side real-time target detection/tracking and distance estimation, enhancing situational awareness, also applicable for security, warehousing, and AOI inspection.)
    • 目標應用 (Target Application): 2026/Q3
  • 光纖影像傳輸模組 (Fiber Optic Image Transmission Module):
    • 功能 (Function): 長距離、超低延遲且抗干擾的有線影像鏈路,用於戰術指揮與前線監控,也適用地下工程、礦場與大型工地的穩定回傳。(Long-distance, ultra-low latency, and anti-interference wired image link, used for tactical command and frontline monitoring, also suitable for stable transmission in underground engineering, mining, and large construction sites.)
    • 目標應用 (Target Application): 已有訂單 (Existing Orders)
  • 數位圖傳模組 (Digital Image Transmission Module):
    • 功能 (Function): 低延遲高畫質的無線影像鏈路,支援多機協作與遠端操控,涵蓋偵察監視與產線/巡檢/機器人視覺場景。(Low-latency, high-definition wireless image link, supporting multi-drone collaboration and remote control, covering reconnaissance, surveillance, and production line/inspection/robot vision scenarios.)
    • 目標應用 (Target Application): 2026/Q2
• 地面端 component 模組 (Ground Component Modules):
  • 地面端 (Ground):
    • FPV 5.8 GHz Receiver Monitor
    • Viper FPV Goggles – Trainer Edition / Attack Edition
    • Saber Portable UAV Launcher
    • Viper/Saber Automatic Antenna Tracker (AAT)
    • ELRS 915 MHz Radio Transmitter Module (TX) / JMG RAVEN-JX18 ELRS controller
  • 通用 (Universal):
    • Balance Charger
    • Li-ion Battery 6S2P 10,000 mAh
    • Li-ion Battery 6S2P 9,000 mAh

飛測影片 (Flight Test Videos)

• VIPER 10吋 飛測影片 (VIPER 10-inch Flight Test Video):
  • 飛距測試 7.90 km (Flight Distance Test 7.90 km)
  • GPS/2.4G/5.8G 干擾測試 (GPS/2.4G/5.8G Interference Test) - Screen shows "GPS GLITCH OR COMPASS ERROR"
• SABER LR 300 J / LR 150 E 飛測影片 (SABER LR 300 J / LR 150 E Flight Test Video): Visuals of SABER LR 300 J and LR 150 E in flight.

Outlook & Strategy

經營策略 (Business Strategy)

• 核心轉型 (Core Transformation): 從經驗到策略錦明的核心已從產業,提升為 System Integrator (From experience to strategy, Jiin Ming's core has transformed from an industry player to a System Integrator)
• 各事業體策略 (Strategy by Business Unit):
  • 消費性產業 (Consumer Industry): 毛利結構 × 品牌控制力 (Gross profit structure × Brand control)
  • 工程產業(EPC) (Engineering Industry (EPC)): 規模 × 現金流穩定度 (Scale × Cash flow stability)
  • 無人機產業 (UAV Industry): 高門檻 × 長期成長 (High barrier to entry × Long-term growth)

營收結構升級,驅動長期成長 (Revenue Structure Upgrade, Driving Long-term Growth)

• 趨勢 (Trend): 占比移轉,源於新興業務高速成長,非既有事業體萎縮 (Shift in proportion, driven by rapid growth in emerging businesses, not shrinkage of existing business units)
• 公司願景 (Company Vision): 本公司營收結構轉變,源於高成長業務快速擴張,帶動整體營收基盤與企業價值提升 (Our revenue mix evolution is driven by the rapid expansion of high-growth businesses, elevating both scale and value.)
• 既有事業 (Existing Business) - 核心基盤 (Core Foundation) - 精密製造/模具 (Precision Manufacturing / Molds):
  • 穩定營收來源,絕對金額維持穩健 (Stable revenue source, absolute amount remains steady)
  • 持續貢獻現金流,支撐新業務投資 (Continuously contributes cash flow, supporting new business investments)
  • 產能效益提升,鞏固競爭底盤 (Improved capacity utilization, solidifying competitive foundation)
• 新興業務 (Emerging Business) - 成長引擎 (Growth Engines) - UAV + EPC:
  • UAV: 技術導向,高毛利潛力,訂單快速成長 (Technology-oriented, high gross profit potential, rapid order growth)
  • EPC: 規模化營收來源,帶動基期快速上移 (Scaled revenue source, rapidly raising the base period)
  • 驅動整體營收結構升級,提升企業價值 (Driving overall revenue structure upgrade, enhancing enterprise value)
• 整體轉型 (Overall Transformation): 公司正由「單一製造收入結構」,轉型為「多引擎驅動的成長型企業」。(From single manufacturing to a multi-engine growth platform.)

研發投入的戰略邏輯 (R&D Investment Strategic Logic)

• 以2023年廠房處分資金為起點,持續擴大研發人力與費用投入。(Starting with funds from factory disposal in 2023, continuously expanding R&D personnel and expenses.)
• 短期費用化,換取長期系統能力 → 已轉化為無人機訂單(2026 Q1),並形成後續產品線擴張的基礎。(Short-term expensing, in exchange for long-term system capabilities → has been converted into UAV orders (2026 Q1), forming the foundation for future product line expansion.)

三層需求框架:錦明如何看這個市場 (Three-Layer Demand Framework: How Jiin Ming Views the Market)

• 市場策略 (Market Strategy): 全球無人機需求由三種本質不同的驅動力構成——錦明產品線橫跨三層,抗單一市場週期風險。(Global UAV demand is driven by three fundamentally different forces — Jiin Ming's product lines span all three layers, mitigating single market cycle risk.)
• 第一層:即時需求 - 戰爭需求 (First Layer: Immediate Demand - War Demand):
  • 市場特性 (Market Characteristics): 現有衝突市場,現在就有訂單。烏克蘭、中東等衝突區域的採購邏輯是:速度與可靠度優先,價格敏感,交期不能等。客戶不需要最好的,他們需要現在能拿到、用得上的。(Existing conflict markets, orders available now. Procurement logic in conflict zones like Ukraine, Middle East: speed and reliability first, price sensitive, cannot wait for delivery. Customers don't need the best, they need what they can get and use now.)
• 第二層:規模需求 - 備戰需求 (Second Layer: Scale Demand - Preparedness Demand):
  • 市場特性 (Market Characteristics): 最大體量市場,未來3-5年主場。各國國防預算的多年期採購規劃、長航時 ISR 系統建置、地緣政治驅動的持續擴軍。採購方要的是能規模化交付、有系統整合能力的夥伴,而非單純硬體供應商。(Largest volume market, main stage for the next 3-5 years. Multi-year procurement plans in national defense budgets, long-endurance ISR system deployment, continuous military expansion driven by geopolitics. Buyers need partners capable of scaled delivery and system integration, not just hardware suppliers.)
• 第三層:前瞻需求 - 想像需求 (Third Layer: Forward-looking Demand - Imagination Demand):
  • 市場特性 (Market Characteristics): 戰略潛力市場,長期布局現在開始。尚未爆發衝突的國家、基於風險預期的國防現代化、平台輸出與技術合作的外交需求。決策週期長,但一旦啟動規模可觀。錦明的切入方式是技術授權或共同開發,而非只賣成品。(Strategic potential market, long-term layout starts now. Countries not yet in conflict, defense modernization based on risk anticipation, platform export and technology cooperation for diplomatic needs. Long decision cycle, but significant scale once initiated. Jiin Ming's approach is technology licensing or co-development, not just selling finished products.)

不只做標案——但標案我們也準備好了 (Not Just Tenders — But We're Ready for Tenders Too)

• 雙軌並行 (Dual-track Approach): 政府採購為信譽錨點,三層市場為規模成長引擎。(Government procurement as a credibility anchor, three-layer market as a scale growth engine.)
• 核心策略 (Core Strategy): 建立可服務多元市場的系統交付能力——政府採購提供可見度與信譽背書,三層市場布局提供規模與抗週期彈性。(The core strategy is to build system delivery capabilities that can serve diverse markets — government procurement provides visibility and credibility endorsement, while the three-layer market layout provides scale and anti-cyclical flexibility.)
• 商業市場・三層需求布局 (Commercial Market・Three-Layer Demand Layout):
  • 戰爭需求,即時 (War Demand, Immediate): 烏克蘭・中東 衝突區域 快速交付、現有訂單動能 (Ukraine・Middle East conflict zones: rapid delivery, existing order momentum)
  • 備戰需求,3-5年主戰場 (Preparedness Demand, 3-5 Year Main Battlefield): 台灣‧泰國・美國・日本・西歐 規模化採購、系統整合夥伴 (Taiwan‧Thailand・US・Japan・Western Europe: scaled procurement, system integration partners)
  • 想像需求,長期布局 (Imagination Demand, Long-term Layout): 友盟國技術輸出市場 平台授權、AI系統合作 (Allied nations technology export market: platform licensing, AI system cooperation)
• 政府採購‧標案對題 (Government Procurement・Targeted Tenders):
  • 500 億國防預算中的兩個精準對應 (Two precise responses within the NT$50 billion defense budget):
    • 甲式/丁式無人機採購計畫,錦明產品直接符合規格需求 (Type A/D UAV procurement plan, Jiin Ming's products directly meet specifications)
    • 甲式無人機 VIPER 多旋翼 (Type A UAV VIPER Multi-rotor): 近程、可快速部署之系統型應用。模組化任務配置,已具實際交付案例。(Short-range, rapidly deployable system application. Modular mission configuration, with existing actual delivery cases.)
    • 丁式無人機 SABER LR 150E (Type D UAV SABER LR 150E): 具規模化需求之戰術型平台。長航時、高規格,符合多國國防採購標準。(Tactical platform with scaled demand. Long endurance, high specifications, meeting multi-national defense procurement standards.)

三年內,錦明會變成一家什麼樣的公司? (In Three Years, What Kind of Company Will Jiin Ming Become?)

• 目標 (Goal): 每個階段結束時,錦明在國際市場上的身份發生本質改變。(At the end of each phase, Jiin Ming's identity in the international market will fundamentally change.)
• 2026 (進行中 - In Progress):
  • 定位 (Positioning): 台灣製造商 > 有交付紀錄的系統商 (Taiwanese Manufacturer > System Integrator with Delivery Records)
  • 達成 (Achievement): 完成關鍵案型交付驗證,用實績建立國際買方信任基礎。(Completed key project delivery verification, building trust with international buyers through proven performance.)
  • 海外驅動力 (Overseas Driver): 六場歐美日展覽啟動,從「台灣廠商」變成「買方認識的名字」。(Six exhibitions in Europe, America, and Japan launched, transforming from a "Taiwanese manufacturer" to a "name recognized by buyers.")
• 2027 (中期目標 - Mid-term Goal):
  • 定位 (Positioning): 區域供應商 > 多國重複採購對象 (Regional Supplier > Multi-country Repeat Procurement Target)
  • 達成 (Achievement): 平台模組化完成,同一套能力服務多個國家市場,降低單案依賴。(Platform modularization completed, the same set of capabilities serving multiple national markets, reducing reliance on single projects.)
  • 海外驅動力 (Overseas Driver): 歐洲、日本、東南亞商業管道從接觸轉為實質訂單,海外營收比重上升。(Commercial channels in Europe, Japan, and Southeast Asia transition from contact to actual orders, increasing the proportion of overseas revenue.)
• 2028+ (長期定位 - Long-term Positioning):
  • 定位 (Positioning): 硬體製造商 > 國際系統整合商 (Hardware Manufacturer > International System Integrator)
  • 達成 (Achievement): 技術授權與共同開發啟動,海外市場成為主要營收來源而非補充。(Technology licensing and co-development initiated, overseas markets become the main revenue source instead of supplementary.)
  • 海外驅動力 (Overseas Driver): AI 平台輸出、友盟國合作深化,錦明成為多國防務採購鏈的一部分。(AI platform export, deepening cooperation with allied nations, Jiin Ming becomes part of multiple national defense procurement chains.)

Additional Data

研發費用與研發人力:近年實際數據 (R&D Expenses and Personnel: Recent Actual Data)

• 研發費用投入 (仟元) (R&D Expenses (NTD Thousand)):
  • 2022Y: 9,214
  • 2023Y: 7,111
  • 2024Y: 4,433
  • 2025Y: 12,497
  • 2026Q1: 5,301 (實際數字,非全年) (Actual figures for Q1, not full year)
• 研發人力規模 (人) (R&D Personnel (Persons)):
  • 2022Y: 5人
  • 2023Y: 4人
  • 2024Y: 5人
  • 2025Y: 9人
  • 2026Q1: 15+人 (截至Q1末估算在職研發人員) (Estimated R&D personnel at the end of Q1)

2026年國際展覽 (2026 International Exhibitions)

• 目標 (Goal): 2026 全年六場國際展覽,直接接觸備戰與想像需求市場的採購決策方。(Six international exhibitions throughout 2026, directly engaging procurement decision-makers for preparedness and imagination demand markets.)
• 3月 (March):
  • 3/3 - 3/5 Drone World EXPO POLAND (無人機世界展) - 波蘭 (Poland), 備戰需求 (Preparedness Demand)
  • 3/24 - 3/26 XPONENTIAL EUROPE 2026 (德國杜賽道夫無人載具展) - 德國 (Germany), 備戰需求 (Preparedness Demand)
• 5月 (May):
  • 5/12 - 5/14 AUVSI XPONENTIAL (美國無人機及無人系統展) - 美國 (US), 備戰需求 (Preparedness Demand)
• 6月 (June):
  • 6/3 - 6/5 JAPAN DRONE (日本千葉幕張國際無人機展) - 日本 (Japan), 備戰需求 (Preparedness Demand)
  • 6/22-6/24 Taiwan EXPO In EUROPE (Poland) (波蘭 2026 歐洲台灣形象展) - 波蘭 (Poland), 備戰需求 (Preparedness Demand)
• 9月 (September):
  • 9/2-9/5 MSPO 2026 (波蘭凱爾策國際國防暨安全產業展) - 波蘭 (Poland), 備戰需求 (Preparedness Demand), 戰爭需求 (War Demand)

德國杜賽道夫無人載具展 (Germany Düsseldorf Unmanned Vehicle Exhibition)

• 左圖人物 (Figures in Left Image): 右起台灣國防產業發展協會徐綬章秘書長、錦明實業蔡翔峰董事長、漢翔航空工業曹進平董事長、台灣駐德國大使谷瑞生、經濟部航太產業發展推動小組簡志雄主任。(From right: Secretary-General Hsu Shou-chang of Taiwan Defense Industry Development Association, Chairman Tsai Hsiang-feng of Jiin Ming Industry, Chairman Tsao Chin-ping of Aerospace Industrial Development Corporation, Taiwan's Ambassador to Germany Ku Ruey-sheng, and Director Chien Chih-hsiung of the Aerospace Industry Development Promotion Group, Ministry of Economic Affairs.)
• 右圖人物 (Figures in Right Image): 右起國際無人系統組織 (AUVSI) 主席 Michael Robbins、錦明實業蔡翔峰董事長、錦明實業簡豪廷總經理。(From right: Michael Robbins, Chairman of the Association for Unmanned Vehicle Systems International (AUVSI), Chairman Tsai Hsiang-feng of Jiin Ming Industry, and General Manager Chien Hao-ting of Jiin Ming Industry.)

免責聲明 (Disclaimer): 本簡報資料所提供之資訊,包含所有前瞻性的看法,將不會因任何新的資訊、未來事件、或任何狀況的產生而更新相關資訊。錦明實業股份有限公司(本公司)並不負有更新或修正本簡報資料內容之責任。本簡報資料中所提供之資訊並未明示或暗示的表達或保證其具有正確性、完整性、或可靠性,亦不代表本公司、產業狀況或後續重大發展的完整論述。 (The information provided in this presentation, including all forward-looking statements, will not be updated due to any new information, future events, or any changes in circumstances. Jiin Ming Industry Co., Ltd. (the Company) is not responsible for updating or revising the content of this presentation. The information provided in this presentation does not explicitly or implicitly express or guarantee its accuracy, completeness, or reliability, nor does it represent a complete statement of the Company, industry conditions, or subsequent major developments.)