P-TWO INDUSTRIES INC.

P-TWO INDUSTRIES INC.

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Company Overview
P-Two Industries, Inc., through its subsidiaries, is engaged in the manufacture and sale of terminals and connectors in Taiwan. The company was incorporated in the year 1986 and has its registered head office located in Taoyuan, Taiwan. It is listed on the OTC Taiwan under the stock code 6158.
P-Two Industries offers electric accessories, computer peripherals, and telecommunication equipments. Its products include flexible printed circuit (FPC) and flexible flat cable (FFC) connectors, flexible flat cable, liquid video displays (LVDs) connector, battery connector, SIM card connector, probe pin battery connector, disco drive combo connector, and board to board connector, as well as optical disc drive input/output (I/O) connectors. The company offers its products for cellular phone, notebook, TFT-LCD, CD drive, and PDA industries.
P-Two Industries’ production factories are located in Taoyuan, Taiwan; and Shenzhen and Suzhou, China. The company aims to create customer satisfaction continuously.
Business Summary
The Company is engaged in manufacture, processing and trading of stamping components and electronic connectors.
Description and history
The Company was established in January 1986. The Company is a Taiwan-based company engaged in manufacture, processing and trading of stamping components and electronic connectors. The Company provides optical disk drive input/output (I/O) connectors, flexible printed circuit (FPC) and flexible flat cable (FFC) connectors, communication series connectors, flexible flat cables and liquid crystal display (LCD) panels and monitor connectors, among others. Its products are applied in disk drives, LCD panels, LCD monitors, LCD televisions, digital cameras, notebook computers, communication systems and computer peripheral products, among others. The Company distributes its products principally in Asia, Europe and the Americas. The Company listed on OTC in 2002.

The Company’s history

January 1986
Our Company was established in 1986, it was located at W ang Bei Street, Wu Gu, Hsinchuang City, Taipei County and named P-TWO Industrial Ltd., we had a capital of NT$ 1 million, we specialized in manufacturing, sales of terminals and connectors.

January 1987
We were relocated to Huacheng Rd, Hsinchuang City, introduced CAD/CAM system.

May 1988
We amended our Company structure to Co. Ltd., increased ca pital to NT$ 5 million.

July 1991
Capital increased to NT$ 26 million.

June 1992
Successful development and production of SQUARE PIN BANDOLEER, patent awarded in November 1996.

July 1993
Successful development and production of MINI DIN connector, automation production line installed, product patent awarded in June 1995.

May 1995
Factory relocated to No.9 Singhua Rd., Taoyuan City.

April 1996
Successful development and production of CD Drive I/O serial connector, automation production line installed.

July 1997
Successful development and production of PITCH 1.0mm FPC connector for CD-ROM, CD-RW, DVD, automation production facility and checking/testing equipment installed.
November 1997
“Merged Sun Meng Precision Co. Ltd.”, increased capital to NT$ 46 Million, acquired factory space of 5,098 square meters.

February 1998
Passed IECQ and UL ISO-9002 quality assurance certification.
March 1998
Developed flexible circuit board for CD-ROM, CD-RW, DVD-ROM, NB, PDA and digital cameras, also PITCH 0.5m pull-type connector and PCMCIA connector, automation production line installed.
July 1998
Increased capital to NT$ 86 Million

March 1999
Reinvested in P-TWO (HK) Co. Ltd. and P-TWO Industrial Electronics in Dong Guan China.
October 1999
Capital increased to NT$ 196,008,000.

January 2000
Development and production of communications connector, such as battery connector, spring connector, volume key connector, charge connector, speaker contact and vibrator holder.
April 2000
Increasing capital and public fund raising approved on 13th April, capital increased to NT$ 286,848,800.
July 2000
To better serve our clients, we invested US$ Two Million and set up a branch office in the British Virgin Islands, and indirectly reinvested in a factory in Suzhou, China

March 2001
Suzhou factory began production and delivery.
July 2001
Capital increased to NT$ 358 Million.
Developed vertical PITCH 0.5mm FPC connector and automated checking/testing machine.
October 2001
Securities and Futures Bureau approved our Over the Counter status.
December 2001
Developed PITCH 0.3 mm FPC connector for PDA, setup automation production line and automated checking/testing machine.

February 2002
Company stocks began official trading.
March 2002
Shipment of FPC began.
Developed PITCH 0.5mm FPC connector for LCD panel and LCD monitor.
April 2002
Passed UL TL9000 certification, upgraded ISO-9002 94 version to ISO-9001 2000 version.
June 2002
Development of automatic CCD examination/packaging equipment for SIM Card complete.
July 2002
Securities and Futures Bureau sanctioned NT$ 72 Million increase in capital to NT$ 430 Million.
September 2002
Capital increased by NT$ 44 Million to NT$ 474 Million
December 2002
Reinvested in P-TWO (Mauritius) Co. Ltd.

March 2003
Received G-COM COMPUTER CORPORATION’s “Annual Best Quality Award”.
April 2003
Dong Guan and Suzhou factory passed SGS ISO-14001 environment management system evaluation.
April 2003
Reinvested in P-II Industries(Malaysia) SDN.BHD.
June 2003
Taiwan factory passed SGS ISO-14001 environment management system evaluation.
August 2003
Industrial Development Bureau of Ministry of Economic Affairs approved establishment of operating headquarters in Taiwan.
August 2003
First issuance of company bonds, market valued at NT$ 300 Million.
November 2003
First issuance of employee stock purchase certificates, totaling 1500 units.
December 2003
In order to expand production capacity in Hua Dong region, new factory was constructed and opened in Suzhou.

March 2004
In order to expand production capacity in the Hua Nan region and setup electroplating line, new factory was constructed and opened in Shenzhen.
June 2004
Acquired 100% shares in Connard to take advantage of its DDR and Mini PCI production techniques.
June 2004
Successful development and trial production of PITCH 1.5mm and 1.2mm FPC connector.
September 2004
Successful development and trial production of SD Card connector for digital cameras.
October 2004
Successful development and trial production of cell phone connectors.
December 2004
Passed OHSAS-18000 Labor Health Management System certification.

Business Line
Engaged in the manufacture and sale of terminals and connectors
Subsidiary
BVI P-TWO TECHNOLGY CO,LTD
Advisor
DELOITTE & TOUCHE
IPO date
2/19/2002
US SIC Code
3678
Company Address
Kwei Shan Ind. Park
9, Shin Hwa Road
City province or state postal code
330, TAOYUAN
Phone: +886 3 3766666
Fax: +886 3 3762222
Country address: TAIWAN
Website url: www.p-two.com