1. 南帝化學工業股份有限公司 NANTEX INDUSTRY CO.,LTD. Analyst Meeting August 18, 2017
Ticker: 2108
南帝化學工業股份有限公司
NANTEX INDUSTRY CO.,LTD.
Analyst Meeting
August 18, 2017
Disclaimer
●This presentation and the information released at the same time are based on our internal and external data and
reflective of our current expectations about the future. We are not responsible for constantly reminding or
updating of any change or modification of our views.
● We do not provide financial guidance. The explanations of our financials, operations or answers in Q&A may be
different from actual results, possibly due to demand changes, raw material price fluctuations, industry
competition, the global economy, supply chain issues (upstream to downstream) and other risk factors beyond
our control.

2. Agenda Company introduction Key products Operations update
Industry analysis & outlook

3. Company introduction No. of employees 293 (34 R&D engineers) Chairman
Mr. D. Y. Yang
Paid-in capital
Approx. NT$ 4.69 billion (as of August 2017)
Main Business
Manufacturing, processing and marketing of a variety of latexes and rubbers
Core technology
Polymers and emulsion polymerization
Inception
January 1979 ●
IPO
August 20, 1992

4. Management Philosophy and Policies
Business philosophy
Quality policy
We continue to progress and improve in order to ensure sustainability and play our part as a corporate citizen.
Our efforts to progress and improve ensure systematic operations and continuous innovations, to effectively satisfy customers’ demands and legal requirements.
Environment, safety and health
Corporate responsibilities
We strive to prevent occupational hazards, comply with environmental, safety and health regulations, reduce energy consumption and carbon footprint, reduce pollution in order to ensure continuous improvement and sustainability.
We participate in activities organized by the Taiwan Responsible Care Association (TRCA) for the society as a self-regulated and responsible entity. Meanwhile, we are also a member of Chemical Awareness and Emergency Response Association (CAER), Taiwan.

5. INTERMEDIUM INTERNATIONAL LIMITED
Equity Investments
NANTEX INDUSTRY
CO., LTD.
NANMAT TECHNOLOGY
INTERMEDIUM INTERNATIONAL LIMITED
(BVI)
ZHENJIANG NANTEX
100%
44.2%
100%

6. Key products Latex Rubber Others 8.9% of sales 58.1% of sales
Auto parts
Oil-resistant products
Sporting goods
8.9% of sales
Industrial products
Food containers
Daily necessities
58.1% of sales
Medical gloves
Paper coatings
Carpet adhesives
Key products / specifications
Capacity/output (MT/2016)
Expected output (MT/2017)
Synthetic latex  (NBR/SBR)
NANTEX®NBR/SBR LATEX
190,000 / 164,000 (Linyuan) ,000 / 38,100 (Zhenjiang) 
200,000 (Linyuan)
60,000 (Zhenjiang) 
NBR
NANCAR® NBR
13,600 / 12,500 (Linyuan) 45,600 / 38,500 (Zhenjiang)
13,600 (Linyuan)
45,600 (Zhenjiang)
Others -

7. NBR latex
Excellent physical properties, protein-free and no impurities
For examination, medical, household and industrial applications
One of the largest NBR latex suppliers in the world

8. Applications of NBR latex
Examination gloves
Industrial gloves
Medical gloves
Art paper coatings
Carpet adhesives
Synthetic leather

9. NBR rubber One of the largest NBR manufacturers in the world NANCAR
(oil resistant)
The only NBR rubber manufacturer in Taiwan
One of the largest NBR manufacturers in the world
International quality and technological standard
Leading brand for NBR rubber in Greater China
Selling to the U.S, Japan, Korea, South East Asia, South Asia, Australia and China

10. Main applications of NBR rubber
O-rings
Seal
Fuel oil pipe
Foam sport accessories
Spinning rubber roll
Printing rubber roll

11. Operations update Consolidated revenue by product Unit: NT$M Latex
Rubber
Others
Unit: NT$M
2014
2015
2016
2017Q1
2017Q2
Latex
3,952
5,644
5,637
1,819
3,216
Rubber
3,483
3,211
3,031
918
1,832
Others
764
811
834
242
505

12. Consolidated revenue by geography

13. Note: net income contributable to parent company
Consolidated operating profit and net income
Operating profit
Net income
Unit： NT$M
2014
2015
2016
2017Q1
2017Q2
Operating profit
253
1,421
975
292
445
Net income
257
1,194
802
177
319
Note: net income contributable to parent company
231
1,159
765
163
290

14. Consolidated EPS and Dividend per share
Q Q2

15. Industry Analysis & Outlook
1.Positive outlook for the NBR latex market
2.Demand for NBR rubber grows as a result of
industrialization in Asia
3.Global efforts in energy efficiency and carbon
footprint reduction help to promote environmental-
friendly products
4.Further rationalization of NBR latex and rubber
capacity
5.Continued R&D for new products

16. Thank you!