About Us

Established Date

March 21, 1955

 

Chronicle

 

 

In 1955

In March, Tainan Spinning got approval of its registration as an incorporated company with limited shares worth NT$7.5 million, the initial registered capital. Mr. Wu, San-Lien, Chairman of the Board, purchased a piece of land of approximately 12 hectares in Houjia, Tainan City, and plant was under construction ever since. In December of the same year, it completed installation of the spinning machines of 10,000 spindles purchased in advance and commenced production.

In 1970

Rende Plant was built on a piece of land about 18 hectares in area, with spinning machines of 19,872 spindles during the early stage. Its production capacity increased after expansion and renovation for years, currently with spinning machines of 40,864 spindles and Open End Fine Spinning Frames of 2,832 spindles.

In 1973

In autumn, Tainan Spinning started construction of a Synthetic Fiber Plant in vicinity of Rende Plant. The Synthetic Fiber Plant started operations in 1976, with a daily productivity of 60 tons of polyester. After years of expansion, second synthetic fiber plant was built with a daily productivity of 390 tons of polyester. The second synthetic fiber plant ceased operation in June 2006, and the polyester production was then reduced to 210 tons per day.

In 1984

In spring, it acquired Shih-dai Enterprise, a producer of polyester filament, and renamed it as Taitzu Plant which, measuring 18 hectares in area, kept expanding and then built Taitzu Plant 2, Taitzu Plant 3, and a filament yarn plant, with a daily production of 423 tons of polyester filament yarn and 42 tons of polyester textured yarn. Taitzu Plant 2 ceased operation in March 2006, leading to a reduced daily polyester filament yarn production of 215 tons per day.

In 1986

In February, it acquired Nanyun Spinning and renamed it as Xinshi Plant, measuring 10 hectares in area. It’s originally equipped with the spinning machines of 48,480 spindles which, yet after years of operations, were replaced with the ones of 44,160 spindles. In 1988, the second plant was built, with 45,120 spindles for its spinning machines. In 1992, the third plant was built, with 29,760 spindles. Now, Xinshi Plant owned three plants, with a total of 119,040 spindles of spinning machines.

In 1989

In January, Wu Hsiou-Chi assumed the chairmanship and Vice Chairman Cheng Kao-Hui was appointed to also act as the Company’s President. On October 3, Tainan Spinning became a listed company on the Taiwan Stock Exchange (TSE), with a total share capital of NT$4.5 billion.

In 1993

In March, President Cheng Kao-Hui retired from Tainan Spinning, and at the same time assumed two positions, Vice Chairman and Chief Executive Officer (CEO) of the group, and Tainan Spinning then invited Chuang Hsien-Hsiung to be the company’s president.

In 1995

In September, Tainan Plant 1 and Plant 2 ceased operation, and their production facilities were then shipped to the proposed Vietnam subsidiary.

In 2000

At year-end, the retained earnings and capital surplus were converted to capital increase, making the total registered capital increase to NT$15,013,380,000.

In 2001

In June, President Hsuang Hsien-Hsiung was relieved from his position, succeeded by Huo Po-Ming.

In 2003

In February, the company completed buying of treasury stocks and made capital decrease of NT$78,140,000 at the same time. After writing off the nullified shares, the company’s paid-in capital remained at NT$14,935,240,000.

In 2004

In June, Chairman Wu Hsiou-Chi was relieved from his chairmanship, succeeded by Cheng Kuo-Hui, and President Huo Po-Ming was appointed to also act as the group’s vice chairman.

In 2010

Retained earnings of NT$298,704,800 was converted into capital increase, adding the total registered capital to NT$15,233,944,800. 

In 2011

Retained earnings of NT$457,018,340 was converted into capital increase, adding the total registered capital to NT$15,690,963,140.

In 2013

Retained earnings of NT$235,364,440 was converted into capital increase, adding the total registered capital to NT$15,926,327,580.

In 2014

Retained earnings of NT$477,782,420 was converted into capital increase, adding the total registered capital to NT$16,404,117,400.

In 2015

Retained earnings of NT$164,040,000 was converted into capital increase, adding the total registered capital to NT$16,568,158,570.
In August, Mr.Hou Po-Ming retired from Tainan Spinning, assumed Vice Chairman, and Tainan Spinning then invited Chen Hung-Mo to be the company’s President.

In 2016

In June, Chairman Cheng Kuo-Hui was relieved from his chairmanship, succeeded by Mr. Huo Po-Ming.

In 2019

In June, President Chen Hung-Mo was relieved of his duties as President, succeeded by Mr. Wang Li-Fan.

In 2019

In August, Tainan Spinning invited Mr. Huo Po-Ming to be the Group Chairman. 

 

 

 


  

Headquarters Location

 

 

 

Tainan Spinning Co.

 

  • Registered location: 511 Yu-nong Rd., East District,
    Tainan 70149, Taiwan, ROC
  • Mailing address: 10F., No.398, Sec. 1, Zhonghua E. Rd., East Dist., Tainan City 701, Taiwan (R.O.C.)
    (Tainan Spinning International Building)
  • Tel: 886-6-2376161
  • Fax: 886-6-2361156