Taiwan plays an important role in worldwide precision industry. On December 5, Mr. Tsao, Uan-Wen, the president of Shuan Hwa Industrial Co., Ltd., famous precision drawing pipes for automobile, held a formal and grand investment ceremony to sign contract with 芝田誠, the Director of River Steel Co., Ltd. which was a subsidiary of leader of steel industry, JFE Steel Cooperation. This contract means significantly, which will lead Precision Industry in Taiwan to reach a higher landmark and shine for Taiwan again.
Shuan Hwa Industrial Co., Ltd, heading to the 40th year, is the pioneer of Precision Cold Drawing Pipe in Taiwan. Its precision reaches accurate 0.03mm, and the tolerance even exceeds any other advanced countries. Moreover, the monthly production capacity is up to 1500 MT and its subsidiary in Vietnam meets 1000 MT. After mutual long-term view and emulation, both parties reach consensus and decide to strength the relationship.
River Steel Co., Ltd. of JFE Steel Cooperation proposed to invest 5% of Shuan Hwa’s capital for cooperation in order to improve their quality in Japan. After Mr. Tsao Uan-Wen’s deliberateness, the president of Shuan Hwa Industrial Co., Ltd., he finally agrees to cooperate with River Steel Co., Ltd. of JFE Steel Cooperation. It is hoped to bring Taiwan Precision Industry on international stage and create innovative milestone for Taiwan industry through this collaboration.
Mr. Tsao Uan-Wen said, Shuan Hwa Industrial Co., Ltd. continuously strives to exceed greater quality. Its current precision technique is sufficient to compete with producers in Europe, America and Japan, and now Shuan Hwa is the main supplier of the well-known shock absorber’s manufacturers such as Yung Hwa Machinery Industry, the subsidiary of Japan KYB group, Kaifa Industry Co., Ltd., Taiwan Hitachi Co., Ltd., Tamp Auto Parto Industrial Co., Ltd. and so on. Through cooperation with River Steel of Japan JFE Group, he expects to expand market of automobile material and tube in Southeast Asia and to market Taiwan with MIT logo for winning Taiwan Best honor on international market.