lsi industries ltd-123
TRANSCRIPT
112/05/031
Heartily Welcomes Team from AQM – AsiaBangladesh
112/05/03 2
“空” In my childhood, my family is very poor like rishal driver’s situation in Bangladesh, when I was at age of 14-16, I suffered the terminal disease of urine poisoning. I was predicted to die, but by the grace of God…I was cured.. .Few years ago I lost one son , and I was in deep sorrow that white –hair parents attended the funeral of black- haired one. After a couple of unexpected obstacles and strikes, I deeply learned and tasted the bitterness of sickness, also realized that no dignity is for poor people, but I also realized that I should not be low-spirited and discouraged, and swear to have distinguished achievement in life , then can be enable to help the people who is in hardship, and teach them to learn skill to improve their own financial situation, this is my wish since long years
16 Years of Deep Cultivation and Active Growth in Bangladesh
1994 LSI started in Bangladesh with 9 sq.meters . 1995 Banani Office 250 sq. meters. 1996 Banani office expanded to 600 sq.meters. 1999 First factory in DEPZ Standard factory building 900 sq.meters,and
start full series of garment accessories production. 2002 LSI owned factory building 10,000 sq.meters in DEPZ (Extn.Area)
started construction. 2003 LSI owned DEPZ (Extn.Area)factory construction completed, and start
production. 2003 LSI started voluntary relief program in remote and disaster area in
Bangladesh.
112/05/03 3
16 Years of Deep Cultivation and Active Growth in Bangladesh
2004 LSI factory building expanded to 13,000 sq. meters in DEPZ (Extn.).
2004 LSI certified by ISO 9001:2000.
2005 LSI factory building expanded to 13,000 sq. meters in DEPZ (Extn.).
2006 LSI factory building expanded to 19,000 sq. meters in DEPZ (Extn.).
2007 LSI factory building expanded to 22,000 sq. meters in DEPZ (Extn.).
2007 Obtained Oeko-Tex Standard 100 Certificate.
2008 LSI factory building expanded to 27,435 sq. meters in DEPZ (Extn.).
112/05/03 4
16 Years of Deep Cultivation and Active Growth in Bangladesh
2009 LSI sister concern, Forever Prosperity Int’l Ltd. established in CTG, and will start business operation in the fourth quarter of 2010.
2010 LSI will invest in heavy metal industry and upgrade to International Groups of Companies.
2010 Caring and Sharing LSI Fu-Tien Foundation apply for registration in Bangladesh in Mar.and actively extend help to the poor people in Bangladesh.
2010 LSI subsidiary : Lasting Spring Metal Ind.Ltd. start bulk production of Industrial plastic baskets in DEPZ (Extn.) in Jun.
2010 LSI subsidiary : Su-Jin Ind.Ltd. Purchased land in CTG, and will start construction by Aug.,and expecting to commence production in 2011.
2010 LSI Groups is expecting to be a listing company in Bangladesh at the 4 rd quarter in 2010.
2010~ LSI will be responsible at enterprise responsibility for continuous management.
112/05/03 5
The Biggest Textile And Garments Accessories Maker in Bangladesh
112/05/03 6
Bangladesh Garments Accessories Market Analysis
90% OF GARMENTS ACCESSORIES ARE RELIED ON IMPORT. (at Higher Cost)
LSI IS SHARING only 5-7% OUT OF TOTAL MARKET DEMAND , AND HUGE SCOPE TO GROW.
112/05/03 7
90%
7% 3%
IMPORT LSI SUPPLY LOCAL SUPPLIER
67%
28%
5%
IMPORT COUNTRY ANALYSIS
CHINA
HONGKONG
OTHER COUNTRY
The Competition Advantage of LSI
LSI has a huge market opportunity. A complete product line to satisfy buyers. A high degree of vertical integration and technology-intensive
manufacturing strategy. High utilization rate of scrap metal recycling, dramatically reducing
the cost of raw materials. Sensitive to the international raw material procurement strategies
(import zinc ingot and copper cathode directly from LME) A sound financial position. High precise market sense and the strong ambition of management Accumulated 10 years of market experience
and various connection in Bangladesh
112/05/03 8
EPS, SALES AND CAPITAL FROM 2000-2015
FORECAST
The Growth of LSI
112/05/03 9
(100 MILLION-TAKA)
PARTICULARS
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
EPS (RESTATED) (TK)
-0.28 0.51 0.14 0.55 0.55 0.31 0.51 2.89 1.90 1.64 2.6 3.3 6 12 18 -20
28
SALE 2.7 1.97 2.56 2.96 4.01 3.74 4.26 5.60 8.36 8.88 7.57 10 18 -20
25-30
45 -50
60 -65
SHARE CAPITAL
0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 5.00 8.5 11.5 13 16 20 20
Established: Year 1998 Size: DEPZ (Extn.) 27,534 sq. meter Business type:
Raw material manufacturer Garment accessories maker Importer
Employees: 1,100 and increasing Share capital : USD 7.35 Million excluding
retained earning USD 7 Million. ( excluding 15% every year depreciation on factory building and machinery )
Sales Territories: for export oriented garment factory for European and American countries
Sales Type: production & sales
LSI112/05/03 10
LSI Copper / Brass WireFactory
112/05/03 11
Products: Copper wire for metal zipper teeth.Spring for snap button. Raw material is recycled from metal button scrap.
LSI Dyeing Factory Dyeing zipper tape, velcro tape, cotton yarn, polyester yarn, spun. polyester yarn, and tape series
112/05/03 12
LSI CNC Tooling
112/05/03 13
Make mold for metal button, zinc alloy button , plastic molding item, rubber badge, and develop new product.
LSI Metal Button Series ( Factory- A/B/C )
112/05/03 14
Hook & Eye, Hook & Bar, Spring Type, Ring Type, Prong Snap Button, Shank Button, Rivet, Eyelet, Press Button, Eyelet Snap Button, Belt Buckle, Cap buckle, Button for Tent.
LSI Electroplating Factory (Factory- A/B)
112/05/03 15
Oeko-Tex Standard 100 Certified
LSI Coating Factory
112/05/03 16
Metal Button and Slider Coating
LSI Plastic Molding Injection Factory/Die-Casting Section
112/05/03 17
Can make mold and production for any zinc alloy items of garments accessories.
Can make mold and production for any plastic garment accessories items
LSI Metal Zipper Factory
112/05/03 18
Copper wire for Metal zipper teeth, and raw material recycled from metal button scrap.
LSI Vislon Zipper Factory / Nylon Zipper Factory
112/05/03 19
More than 40 sets of automatic plastic molding injection machines.
Automatic line for Nylon Zipper Production.
LSI Velcro Tape / Knitted / Woven / Logo Tape Factory
Velcro Tape Factory
112/05/03 20
Knitted / Woven/ Logo Tape (more than 100 sets of machines)
Copper Wire Factory for Metal Zipper Teeth
112/05/03 21
Copper wire for metal zipper teeth is recycled from metal button scrap
Capable for Precise Researching & Development and Advance Designing Ability
112/05/03 22
112/05/03 23
A B
CD
In-House Recycling Project for Copper/Zinc/Pleastic Raw Material
All –in- One Strong Production Lines
112/05/03 24
Precise and Accurate In-House Testing Center
112/05/03 25
LSI Main Products Brass Wire/ Zinc Alloy Products Metal Button Series
Belt & Belt Buckle & D-ring Series
Metal Alloy Items Series
Plastic Items Series
Special Yarn-dyed Tape Series
Metal and Rubber Badge/Patch Series
Metal / Plastic / Nylon / Invisible Zippers
Zippers Sliders
Velcro Tape & Belt Accessories & Shoe ,and cap Accessories
112/05/03 26
Metal Button Series Quality can reach 0.8 – 1.20
(standard of non-ferrous)
METAL JEANS BUTTONS , HOOK & EYE, AND HOOK & BAR
METAL RIVETS PRONG SNAP BUTTONS PRESS SNAP BUTTON SNAP BUTTON , RING /SPRING TYPE EYELET, SPECIAL SNAP BUTTON,
ETC. BELT BUCKEL, CAP BUCKEL,
BUCKEL FOR TENT.
112/05/03 27
CNC OPEN MOULD
COPPER CUTTING
MACHINE PRESS
PLATING/COATING
FINISHING & PACKING
IMPORT COPPER
Belt and Metal Buckle & D-Ring Series
METAL SUSPENDER BUCKLES
METAL D-RINGS / BUCKLE
METAL PATCHES
112/05/03 28
Metal Alloy Items Series
ALLOY BUTTONS / RIVETS
ALLOY CAP SNAP BUTTONS
ALLOY FANCY BUCKLES
ALLOY BELT BUCKLES
METAL ALLOY STOPPERS
METAL “D” RING, PATCH
OPEN MOULD
ADJUST ZINC RATIO
DIECASTING INJECTION
PLATING/COATING
FINISHING &PACKING
IMPORT ZINC ANLDE
112/05/03 29
Plastic Items Series
PLASTIC BUTTONS
PLASTIC BUCKLES & D-RING
PLASTIC STOPPERS/TIPS
PLASTIC DERLIM BUTTONS
PLASTIC EYELETS & WASHERS
PLASTIC CAP SNAP BUTTONS
PLASTIC FANCY BUTTONS, PLASTIC CONE
112/05/03 30
OPEN MOULD
COLOR MIX
MACHINE INJECTION
FINISHING
PACKING &DELIVERY
IMPORT TAPECONE
Special Yarn-Dyed Tape Series
SPECIAL YARN-DYED WOVEN / KNITTED TAPES
NORMAL YARN-DYED WOVEN / KNITTED TAPES
CHECK TAPE
LOGO OR LETTERING TAPE (ELASTIC/ NON ELASTIC)
KNITTED ELASTIC/WOVEN ELASTIC/ PP ELASTIC
112/05/03 31
Rubber Badge / Patch / Puller Series
LOGO MADE BY COMPUTERIZED CNC M/C
TO PROVIDE SAMPLES WITHIN 7 DAYS
AZO FREE
CADMIUM FREE
112/05/03 32
Zipper Sliders
Sliders & Pullers
112/05/03 33
PULLER MOULD MAKING
DIECASTING INJECTION
SLIDER FINISHING
PLATING/COATING
PACKING & DELIVERY
IMPORT ZINC ANODE
Zipper Series
INVISIBLE /CONCEAL ZIPPERS
METAL ZIPPERS VISLON ZIPPERS NYLON ZIPPERS
ZIPPER PRODUCTION
DYEING
KNITTING
TEETH INJECTION
FINISHING
IMPORT ZINC ANODE & YARN
SLIDER INSERT
PACKING & DELIVERY
112/05/03 34
Other Items
VELCRO TAPES BELTS BELT ACCESSORIES CAP AND SHOE
ACCESSORIES
112/05/03 35
Quality ControlTest Method-Bs 3084 In-House Test
Pre- ProductionTest
Running ProductionTest
Bulk ProductionTest
112/05/03 36
Lateral Strength Puller Attachment Slider Lock Strength Test Reciprocating Test Box Pin strength Test Bottom Stopper Strength Test Top Stopper Test Puller Strength Twist Test
Salt Spray Test
Slider Wash Test
Enzyme Wash Test
Sublimation & Wash Test
Lead And Nickel Test
112/05/03 37
In-House Testing Center For Various Test As Per Buyers’ Requirements
BS-3084 zipper strength test Test on Coating & Plating products
Special Testing Machines
Lead Test on Coating & Plating products
Needle Detector for Ferrous Test
Copper / zinc heavy metal component analysis machine made
in Germany
112/05/03 38
Metal Button Test
Enzyme Wash
Salt Spray Test
Pulling Test
Attachment Test
Corrosion Test
112/05/03 39
Certifications
112/05/03 40
Oeko-Tex Standard 100 ISO 9001:2000 Certified
H&M, C&A , TEMA, REGATTA…
Nominated and Accredited garment accessories of various International Master Buyers
HEARTY CARING TO EMPLOYEE
112/05/03 41
Pray Room Medical Center
LSI Hold Voluntary Spiritual Healing Program Since 2004
Start voluntary spiritual healing program in Taiwan since 2004 At least 7 times in a year
Average 5-day-long program every time
Have cured min. 25,000 spiritual healing patients
Start voluntary spiritual healing program in China since 2008 At least 4 times in a year
Average 3-day-long program every time
Have cured min. 2,000 spiritual patients
112/05/03 42
Voluntary Spiritual Healing Programs
112/05/03 43
112/05/03 44
LSI 自 2003年起在孟加拉深入災區大規模賑災LSI start relief work and distribute relief by own
hands in disaster areas since 2003
Every year min. 3-4 times relief programs
10,000- 30,000 persons received relief goods
every time
Have provided relief to 300,000 persons till now
Provide Scholarship since 2003
112/05/03 45
Donation to school and orphanage renovation / construction
112/05/03 46
Visit flood affected area physically
112/05/03 47
Visit flood affected area physically
112/05/03 48
Visited Remote Hill District to Distribue Relief
112/05/03 492010/03/14
Distributing “Joy- Hope Rice” in Disaster Area
112/05/03 502010/03/14
Distributing “Diligent-Study Bag” to Disaster Area Students
112/05/03 512010/03/16
Distributing “Loving T-Shirt” to Children in Disaster Area
112/05/03 522010/03/15
Distributing “ Wish-Money” to Children in Disaster Area
112/05/03 532010/03/16
Distributing “ Wish-Money” to Children in Disaster Area
112/05/03 542009/09/07
Love from Taiwan for needed people in Bangladesh
112/05/03 55
Goal of ‘Caring & Sharing LSI Fu-Tien Foundation’
Short -Term Goal: Relief, Rice donation, donation for school construction and renovation, scholarship, and stationery
Mid-Term Goal: provide baby goat, baby duck under breeding plan to help to improve family finance
Long-Term Goal: Provide free of charge of vocational training center to develop technician to run their life by own hands.
112/05/03 56
Caring & Sharing LSI Fu-Tien Foundation will expect to complete registration within 2010 in Bangladesh and Taiwan
Life-time Goal : From 2011 onwards to donate 5-10 school buildings for primary and secondary school in remote areas.
112/05/03 57
112/05/03 58
In 1994 I started business from 9 sq. meter to 27,435 sq. meter in DEPZ
(Extn. Area). LSI has multiple growth, and again invested the profit on the
expansion of machinery, factory, and raw material, but the employment
character and machinery equipment, technology, and management can not
catch up with the LSI growth. LSI is growing, but quality and service couldn’t
reach buyer’s best satisfaction. Garment accessories production is
complicated and always can face unexpected problems….., but it can not be
the excuse to buyers. Here LSI by the means of IPO, it accelerates LSI to
face the past bad experience with quality aggressively , delayed delivery,
and service problems … although those problems arose , but all those
delayed delivery, and various customer complaints will be the most motive
power to LSI improvement being a company on the way to IPO.
From USD3,000.00 to IPO- this Miracle is from South Of Taiwan
LSI INDUSTRIES LTD Planned to Go to IPO
in the Aug OF 2012
112/05/03 59
Investment :16.8 million USD
Projects 1 : LSI LSI industry to enhance
LSI production equipment upgrade Introduced to Taiwan CNC tooling machines, greatly enhance the quality of its research The purchase of automated production equipment, a substantial increase in total
production
Plastic Metal Industry Textiles and garments products
Plastic zipper, metal zipper, plastic zipper, metal buttons, Velcro tapes, Webbing Plastic products
Construction: plastic pipe Industrial : large plastic basket, agriculture, fishery, animal husbandry, plastic
basket household : stationery, hardware, plastic products, hair dryer, fans, drying bowl
machine ...
112/05/03 60
Projects 2 : LSI automated production business
Automatic production line Automated production of bread, as much as 6,000 tons of annual production
Instant noodle production automation line Automation bowl/cup -noodles, the daily production of up to 450,000 packets Each automated production line just 28 manpower
Zinc alloy material automatic production line In Bangladesh, all zinc alloy raw materials are imported now Automated manufacturing zinc alloy raw materials, production of up to 3,000 tons per month (8
hours per day) Each automated production line only need five manpower
112/05/03 61
Investment :8.5 million USD
112/05/03 62
From last 16 years of accumulation, by LSI existing production scale, through professional integration, LSI cost is the lowest ,and multi-field compare with other manufacturers, and this year we are able to enhance production capacity and quality. LSI has imported huge volume of machinery, research & development equipments, and testing machine as well as recruit many professional people from Taiwan. From top to bottom to implement LSI internal enhancement plan. From management to production as well as marketing, all those are the key points for us to improve. However , the only aim of those changes only to achieve “ Nil customer complaint and Nil quality error”. Also fix one target that in Aug. 2010 any customers can check their order production status from LSI on line ERP system. Now that the most professional technology and management of LSI have been working in their positions for three months, it is my firm belief that, with our dedicated efforts for improvement in the again few months, LSI will become a leader of quality in our industry.
2010 Action Plan and Growing Potency
In order to satisfy customers’ requirements and upgrade technology, LSI has increased CNC molding machines, and recruited additional 30 foreign technicians in 2010.
In order to reduce production cost, minimize wastage, LSI already started EPR implementation in Mar.2010,and will start video conference in 2010 to enhance management .
LSI is planning to achieve monthly production to USD2 Millions in Oct.2010.and the monthly export amounts will be increased up to USD1.3- 1.8 Million gradually, and delayed P/I and customer complains will be minimized sharply.
112/05/03 63
LSI Blue Ocean Strategy 2011 (end)- Introduce agricultural technology from Taiwan
which most needed for Bangladesh (Fruit/flower/fishery)
2011- Jumbo size of mold factory (including injection mold,
zinc alloy mold)
2011- Produce Zinc alloy raw material and Stainless Steel
Water Tank.
2012- opened free of charge vocational training school to
train up molding technician in Bangladesh.
2013- CNG motorcycle assembling and manufacturer
112/05/03 64
112/05/03 65
I don’t forget that I was ever in hardship, sickness, so I feel an extra responsibility on my shoulder that I need to help more children to study in school, to help many people apart from sickness and poverty. Since 2003 every year we have 3-4 times of relief program to distribute relief in the poor village in Bangladesh. We have visited Kurigram, Barishal, Nifamali, Kunla, Nohakali, …….., and every 2 months execute voluntary spiritual healing program in Taiwan and China. Every program is 3-8 days. LSI will found “Caring & Sharing LSI Fu-Tien Charity Foundation” in Bangladesh and Taiwan in end of 2009 to let this social responsibility forever continue, and by this chance to woo more help from other people who share common goal to together help people in Bangladesh . My sincere to request to all the people to give me good wishes that I can fulfill my dream to donate construction 5-10 schools every year…… My heartfelt compliments to you for your kind blessings.
Yours Truly,
Chen Chin Li
Managing Director
Thank You !!
112/05/03 66