- CEO
- Li Ling Huang
- Full Time Employees
- 132
- Sector
- Technology services
- Industry
- Information technology services
- Address
- No. 97, Dunhua South Road Taipei TP Taiwan 104
- IPO Date
- Apr 20, 1976
- Business
- Kwong Fong Industries Corporation (1416.TW) engages primarily in digital technology services, real estate development and management, and diversified investments. The company offers a range of digital solutions in the B2B market targeting Taiwan's financial industry and large enterprises, including the Speedy family of real-time financial transaction products; large-scale systems integration; real-time big data analysis; financial AI innovation platforms; website design and construction; and mobile app development; while expanding into B2C financial e-commerce and retail e-commerce ecosystems through subsidiaries MDBS Digital Technology Co., Ltd. and Galaxy Digital Co., Ltd. It also develops and sells residential properties via joint construction projects, such as new housing units in Tamsui, New Taipei City through its subsidiary Pao Fong Asset Management Co., Ltd., and manages assets including urban renewal initiatives; additionally, it pursues domestic and overseas investments in high-quality listed stocks, preferred stocks, and A-grade bonds for stable returns. Operations span Taiwan with select overseas investment exposure, serving financial institutions, corporations, and retail customers.
Founded in 1968 and headquartered at 28F., No. 97, Sec. 2, Dunhua S. Rd., Da’an Dist., Taipei City, Taiwan, the company has evolved from household textile manufacturing under the LIFE brand--including towels, bath towels, beddings, and table covers distributed domestically and to markets like Japan, Canada, and Africa--to a focus on digital transformation and asset activation following the cessation of textile factory operations between 2001 and 2005.
In recent years, Kwong Fong has advanced its digital technology segment by deepening financial sector client engagements and optimizing AI-driven wealth management platforms with digital learning and social networking tools to expand its customer base and revenue. The company participates in government-aligned urban renewal projects, including a reconstruction on Bade Road in Taipei City slated for launch in the first half of 2025, and evaluates opportunities in Sanchong, Da’an, and Xinzhuang Districts over five years, alongside long-term plans for its Taoyuan land in Bade District. It maintains a prudent investment strategy emphasizing high-yield domestic listed stocks and overseas bonds exceeding 5% annualized returns, while reporting strong 2024 financials with operating revenue of NT$333.5 million (up 12.73% year-over-year), net profit attributable to parent of NT$146.9 million (up 54.50%), and earnings per share of NT$0.79.