Tung Yu Hydraulic Group Celebrates 40th Anniversary

Tung Yu Hydraulic Machinery Co., Ltd., established in 1983, is a major hydraulic machinery manufacturer in Taiwan. We are dedicated to the research and development of high-quality hydraulic mechanical equipment and provide customers with a wide range of molding solutions. Tung Yu has successfully built a wide customer base in the international market, and our products are sold to more than 70 countries around the world.

This year, Tung Yu completed the 80% expansion of our NanTou factory and plans to complete the construction of the new Ningbo factory in early 2024 to further enhance our overall production capacity.

To celebrate our 40th anniversary, Tung Yu hosted a technical seminar and gala dinner with representatives from 16 countries, making it one of the largest gatherings since the start of the pandemic.

At the seminar, Tung Yu introduced the latest technologies, including the development of a " Gas pressurized thermoforming machine," a direct drive servo electric press aimed at " Energy saving and carbon reduction," and a hydraulic compression molding machine aimed at " Energy saving and carbon reduction," all aligned with ESG and Sustainability activity.

Energy efficiency Servo Press

The event particularly highlighted 20 years of technical cooperation between Tung Yu and the famous French injection molding machine manufacturer REP. We have jointly developed the environmentally friendly and cutting-edge RT10 injection molding machine. This is a sign of an enduring partnership based on the principles of commitment, honesty, openness, and mutual understanding.

To advance a sustainable future, Tung Yu will continue to focus on research and development, strive to explore different markets, and expand its product line to meet customer needs.

We filed for an IPO this year. The purpose of filing for an IPO is to strengthen our corporate structure, attract more people to our company, and take a step forward for the next 40 years.

The most important thing is to achieve your goals through teamwork. We want all of our colleagues at Tung Yu to integrate into our culture: " Helping others succeed can be your greatest success."

Together, we are proud to be part of Tung Yu and will continue to satisfy our customers, shareholders, and employees. This is Tung Yu's goal in running his business.