COMPANY BACKGROUND


HIGHLY'S GROUP IS A FAMILY TYPE COMPANY. PRESIDENT HSU HSIUNG CHIH ESTABLISHED
HIGHLY ELECTRIC CO., LTD. IN FEBRUARY 1974, GUANG-ZHOU HIGHLY ELECTRIC CO.,
LTD. IN MARCH 1992. CURRENTLY, HIS SONS ARE IN CHARGE OF THESE COMPANIES.

A. COMPANY GROUPS : 

1.HIGHLY ELECTRIC CO., LTD. 
 (HEAD OFFICE LOCATED IN TAIPEI CITY)
  Head office : 
        Fl 10, No 738, Chung-Cheng Road, Chung-Ho City, Taipei Hsien, Taiwan
        Tel : 886-2-8226-1688 (10 lines)  Fax : 886-2-8226-1600 
        General Manager : Mr. Ray C. P. Hsu
        Vice General Manager : Mr. Ming-Hsien Hsu
        Export Manager : Mrs. Shirely Wang
        Sale Manager : Mrs. Kuei-Hsiang Wei
        Accounting Manager : Mrs. Chiou-Sheue Chiao

2.HIGHLY'S CHUNG-HO PLANT 
 (LOCATED IN CHUNG-HO CITY, TAIWAN)
  Chung-Ho Plant : 
        Fl 5, No. 5, Lane 359, Sec. 2, Chung Shuag Rd.,
        Taipei Taiwan
        Tel : 886-2-2222-3918   Fax : 886-2-2221-2252
        Plant Manager : Mr. Shih-Min Chan
  
3.GUANG-ZHOU HIGHLY ELECTRIC CO., LTD. 
 (LOCATED IN GUANG-ZHOU, CHINA)
  Guang-Zhou Plant : 
         No.597 Shi-sha Road, Hong-xing Village, Shi-jing Town,
         Bai-yun District, Guang-Zhou City, 
         Guang-Down, China
         Tel: 86-20-86410800,86-20-86412794
         Fax:86-20-86413803

         中國廣東省廣州市白雲區石井鎮紅星鄉石沙路597號

         General Manager : Mr. David K. C. Hsu
  
4.U.S.A. OFFICE (LOCATED IN FT. LAUDERDALE)
   U.S.A. Office : 
        782 Heritage Drive, Ft. Lauderdale, Fl. 33326 U.S.A.
        Tel : 1-954-3491203   Fax : 1-954-3499172
        Sales Manager : Mrs. Jane Hsu

B. TOTAL CAPITALS : 

     US$ 880,000

C. TOTAL ASSETS : 

     US$ 3,144,000

D. ANNUAL SALES 

     ANNUAL SALES AMOUNT : US$ 5,280,000 IN 1996 YEAR
    ANNUAL SALES SWITCHES' QUANTITY : 10,215,197 PCS. IN 1996.

E. FACILITIES 

     1.HEAD OFFICE AREA : 200 SQ. METERS LOCATED IN TAIPEI HSIEN.
    2.PLANT AREA : (a) CHUNG-HO PLANT'S AREAS IS 600 SQ. METERS.
                    (b) GUANG-ZHOU PLANT'S AREAS IS 6,000 SQ. METERS.

F. EMPLOYEE : 135 PERSONS

 
     (a) HEAD OFFICE : 11 PERSONS
    (b) CHUNG-HO PLANT : 24 PERSONS
    (c) GUANG-ZHOU PLANT : 100 PERSONS

G. MAIN PRODUCTS : 

     PROXIMITY SWITCH, PHOTO-LIGHT SWITCH,MICOR SWITCH,LIMIT SWITCH, ROCKER SWITCH, TOGGLE SWITCH .... ETC.. THESE SWITCH ARE APPLIED TO MACHINERY INDUSTRY, AUTOMATIC CONTROL INDUSTRY, LOW-CURRENT COMSUMER PRODUCTS, ELECTRIC OFFICE FACILITY ...ETC.

H. DOMESTIC MARKET : 

     50% OF REVENUE IS FROM DOMESTIC MARKET.  WE HAVE FOUR PERSONS IN CHARGE OF DOMESTIC MARKET, AND OVER 1,500 CUSTOMERS.

I. EXPORT MARKET : 

     50% OF REVENUE IS FROM EXPORT MARKET. WE HAVE THREE PERSONS IN CHARGE OF EXPORT MARKET, AND OVER 200 CUSTOMERS OVER THE WORLD.

J. PRODUCT APPROVAL : 

       UL (IN U.S.A.) FILE NO. E 88392
       CSA (IN CANADA) FILE NO. LR 82331-2
       PRODUCT APPROVAL IS PENDING

K. WE ARE CERTIFIED :

 
     ISO 9002 QUALITY CONTROL SYSTEM.
    CERTIFICATE NO. QSC-5732

L. CONCULSION :

WE ARE AN INDUSTRY-LEADING MANUFACTURER AND EXPORTER IN MANY KINDS
OF SWITCHES SINCE 1974, WE ARE THE TOP-GRADE SUPPLIER IN THIS FIELD IN
TAIWAN. THE TRADE MARK OF "HIGHLY" THROUGHOUT THE WORLD REPRESENTS OUR
OBJECTIVE OF THE HIGHEST TECHNOLOGY, MOST CREATIVITY, AND BEST SERVICE.