1. 南帝化學工業股份有限公司 NANTEX INDUSTRY CO.,LTD. Analyst Meeting August 23, 2019
Ticker: 2108
南帝化學工業股份有限公司
NANTEX INDUSTRY CO.,LTD.
Analyst Meeting
August 23, 2019
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 299 (41 R&D engineers) Chairman
Mr. D. Y. Yang
Paid-in capital
Approx. NT$ billion (as of August 2019)
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 55.6% of sales 34.7% of sales
Medical gloves
Paper coatings
Carpet adhesives
34.7% of sales
Auto parts
Oil-resistant products
Sporting goods
9.7% of sales
Industrial products
Food containers
Daily necessities
Key products / specifications
Capacity/output (MT/2018)
Expected output (MT/2019)
Synthetic latex  (NBR/SBR)
NANTEX®NBR/SBR LATEX
200,000 / 185,417(Linyuan) ,000 / 46,225 (Zhenjiang) 
200,000 (Linyuan)
60,000 (Zhenjiang) 
NBR
NANCAR® NBR
20,000 / 12,799 (Linyuan) 45,600 / 43,108 (Zhenjiang)
20,000 (Linyuan)
45,600 (Zhenjiang)
Others -

7. NBR latex
Excellent physical properties, protein-free and no impurities
For examination, medical, household and industrial applications
Global leading brand in NBR glove Latex.

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 2016 2017 2018
2019Q1
2019Q2
Latex
5,637
6,366
7,956
1,814
3,452
Rubber
3,031
3,987
4,621
1,065
2,154
Others
834
1,295
1,233
294
601

12. Consolidated revenue by geography

13. Note: net income contributable to parent company
Consolidated operating profit and net income
2016
2017
2018
2019Q1
2019Q2
Operating profit
975
1,145
1,940
590
1,067
Net income
802
878
1,592
464
880
Note: net income contributable to parent company
765
814
1,535
447
850

14. Consolidated EPS and Dividend per share
PS：2019Q2 refers to January – June 2019

15. Industry Analysis & Outlook
1.Increased awareness of sanitation standards contributes to the
further growth in glove usage, with NBR gloves taking the lead.
2.Increased awareness of the need for safety compliance that furthers
the need for NBR industrial gloves.
3.Continued industrialization of Asian economies contributing to
increasing need for NBR.
4.The industry is refocusing on easy to process, recyclable materials.
5.Development and enhancement of products that cater to more
demanding customer requests.
6.New programs and plans to enhance NBR & NBR latex production.

16. Thank you!