STABLE POSITION

SOLID PLATFORM

A N N U A L R E P O R T 2 0 2 2

STABLE POSITION

SOLID PLATFORM

As the world moves towards living with COVID-19, we will focus on strengthening our fundamentals and reinforcing our resilience, creating a solid platform and strengthening our market positions to seize opportunities and deliver stable growth.

OUR MISSION

To be a recognised global distributor of high quality automotive and industrial products, and a familiar and trusted brand name in alloy wheels manufacturing as an Original Design Manufacturer.

To position our company effectively by continuously providing our customers with quality products and distinctive customer services so as to build strong customer relationships.

To be committed to quality, professional and personnel management, sound business practices and teamwork.

To provide growth and opportunities for our employees and to consistently generate stable

Annual Report 2022

1

CONTENTS

2

22

Corporate Profile

Financial Review

4

24

Our Products

Corporate Milestones

6

28

Manufacturing Capabilities

Board Of Directors

7

30

Our Quality Certificates

Senior Management Team

8

32

Five-Year Financial Highlights

Head Of Subsidiaries

9

34

Five-Year Financial Summary

Corporate Structure

11

36

Chairman's Message

Global Presence

18

Business Review

38

Corporate Information /

Financial Calendar

40

Corporate Governance

62

Financial Report

141

Statistics Of Shareholdings

143

Notice Of Annual General Meeting

148

Additional Information On Directors Seeking Re-Appointment

Proxy Form

  • YHI INTERNATIONAL LIMITED

CORPORATE PROFILE

YHI's international presence spans across over 100 countries through its 32 subsidiaries and 3 associated companies located across Asia Pacific, North America and Europe. YHI distributes a diverse range of premium automotive products, which includes tyres, alloy wheels, energy solutions, buggy

  • utilities vehicles and other industrial products to more than 5,000 customers globally.

YHI International Limited is a leading global distributor of high-quality automotive and industrial products, and a trusted brand name in alloy wheels manufacturing as an Original Design Manufacturer (ODM).

Listed on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST) on 3 July 2003, YHI has successfully diversified its business and carved a niche for itself in the global automotive arena since its humble beginnings as a sole proprietorship established in 1948.

Today, YHI's international presence spans across over 100 countries through its 32 subsidiaries and 3 associated companies located across Asia Pacific, North America and Europe. YHI distributes a diverse range of premium automotive products, which includes tyres, alloy wheels,

Annual Report 2022

3

energy solutions, buggy & utilities vehicles and other industrial products to more than 5,000 customers globally.

YHI currently has three alloy wheels manufacturing plants located in Suzhou in China, Taoyuan in Taiwan and Malacca in Malaysia, with a current total production capacity of 2.3 million units per annum. As an integrated ODM solutions provider, it provides services from the design and development to the manufacturing, marketing and distribution of alloy wheels.

In order to strengthen the YHI distribution network, the Group will continuously sharpen its sales focus, as well as embark on strategic plans to promote and develop its portfolio of premium and proprietary brands in the global market where "The World is Our Market".

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Disclaimer

YHI International Limited published this content on 05 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2023 07:48:06 UTC.