Chieftek Precision Co., Ltd. (Taiwan, China)

1. Founded on Oct. 19, 1998, Chieftech Precision Co., Ltd. is mainly engaged in the manufacture and sales of linear slide rails. It initially issued its stock in Jan. 17, 2011 and landed on GreTai on Mar. 10, 2011. 2. Business class and background: A. the main controller is Xu Ming Zhe, director and General Manager. The family holds 15% of the stock. B. There are other directors such as Zheng Sheng Fang and Wang Chen Bi Xia. C. Besides the above shareholders ,other major shareholders are Zeng Ling Xuan, Dawei Enterprise, Wang Chang Feng, etc. 3. Operating Overview: A. the main products of the company are Micro Linear Rail, Linear Rail Standard, and non-core linear motor products which are extensively applied, such as machine tools, semiconductor equipment, suspension systems, mechanical arms, etc.. B. The global competitors in linear slide and linear motor are Baldor in America, ETEL in Swiss, etc. C. 70% of the products are sold overseas while 30% of the products are sold at home. D. For the recent 3 years, the revenue from the 3 major clients accounted for about 50%.