- Business
- King Chou Marine Technology Co., Ltd. (4417.TWO) manufactures, processes, exports and imports fishing nets and related marine products under the King Net brand for fishing, aquaculture, sports, industrial, agricultural and military applications worldwide; core offerings include purse seine nets, trawl nets, Danish seine, gill and trammel nets, trap and set nets, long lines, twines and ropes, marine hardware such as cable clamps, purse rings, snap rings, steel triangles, choker hooks, connecting links, ring scoopers, splice needles, chains, floats, swivels and hooks, fish farming and cage nets, safety nets, sports nets for soccer, volleyball, golf, baseball and tennis, as well as nylon braided seine nets, PE trawl nets, cast nets, gathering nets, nylon mono and multifilament lines, twisted and braided twines, PE packing twine, branch lines, raschel knotless nets, bathing nets, purse seine accessories, EVA and PVC floats, double braided ropes and lacing needles. Founded in 1973 and headquartered in Kaohsiung, Taiwan, the company operates factories in Taiwan (Hsin Yuan and Ping Nan), China (Kunshan King Chou Net Mfg. Co., Ltd.), Vietnam (King Chou Vietnam Marine Technology Co., Ltd., King Tai Technology Vietnam Co., Ltd., Jin Dar Vietnam International Co., Ltd.) and Indonesia (PT. KingDa Marine Technical Indonesia), serving global markets with a focus on customized netting designs, assembly services and sustainable innovations like enhanced tensile strength and abrasion resistance for purse seine nets, minimized algae growth on cage nets, ocean recycled yarns and collaborations with suppliers such as Formosa Chemicals & Fibre Corporation for waste fishing net recycling programs. Recent developments encompass expansion of solar power generation systems at Taiwan factories in 2021 and 2024 to advance ESG goals including more green power and CO2 reduction, ongoing R&D for higher-value materials and production facilities, participation in customer and academic research, and 2024 business plans emphasizing sustainable developments, cost reductions via Asian factories, subsidiary synergies, internal control enhancements and processing expansions for greater product value.