The Company and subsidiaries has been engaging in the manufacturing of auto part for vehicle industry such as passenger car, pick-up, trucks and agriculture machinery industry.

Nature of Business

To operate business under the restructure plan according to the resolution of the Extraordinary General Meeting of Shareholders No. 1/2021 to approve the business restructure to be holding company which have income by holding shares in other companies, the Company holds shares in the subsidiaries which manufacture automotive and agricultural machinery’s part. The Company has policy to allocate and diversify asset and to find opportunity in the new business in addition to the automotive manufacturing for the sustainable growth.

The Company and subsidiaries has been engaging in the manufacturing of auto part for vehicle industry such as passenger car, pick-up, trucks and agriculture machinery industry. The main major customers are the original equipment manufacturer (“OEM”) both domestic and international market with the long term purchase contract and the replacement equipment manufacturer (“REM”).

The operation of each company in the group has the policy to grow together with customers, focus on creating values to the organization and stakeholder with differential products. In term of operation, each company shall operate its business in the business unit (“BU”). The Board of Directors shall stipulate the overall policy to be applied to each company in the group which all executives in each function shall directly report to the President. Each company has set goal, strategy and follow up with the result by the Executive Meeting regularly.

Business Structure

The shareholding structure of the company

as March 9th, 2023