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
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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,
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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.
YHI International Limited is an investment holding company. It is a global distributor of automotive and industrial products. It distributes a range of premium automotive products, which include tires, alloy wheels, energy solutions, buggy and utility vehicles, and other industrial products. Its segments include Manufacturing, Distribution and Rental. The Manufacturing segment includes regional areas, such as North East Asia and Association of Southeast Asian Nations (ASEAN), which are engaged in the manufacturing of alloy wheels. Distribution segment includes regional areas, such as North East Asia, ASEAN and Oceania regions, which are engaged in the distribution of automotive and industrial products. Rental segment includes regional area that covers North East Asia, which is engaged in rental activities. It has three alloy wheels manufacturing plants located in Suzhou in China, Taoyuan in Taiwan and Malacca in Malaysia, with a total production capacity of 2.3 million units per annum.