Page 15 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

Screws & Bolt

1) Heading and threading: Wire will be delivered to the forming plant, passing through the
heading and threading machines.

2) Case hardens: After the forming process, screws are treated by carburization to improve
their mechanical strength.

3) Plating: Surface finishing and coating is necessary for screws and bolt to for rust-
proofing and improve their appearance. The surface treatment processes vary depending
on customer demand and include black phosphate, zinc electroplating (zinc blue, zinc
yellow), dacrotized and Rusper coating for screws, zinc electroplating for bolt.

3. Raw material

Billet and wire rod

TYCN’s raw materials sources are diversified by countries such as China, Vietnam, Russia,
Oman, India and Thailand. The proportion of purchasing raw materials domestically at 26.67
percent and abroad at 74.33 percent. There is no raw material supplier to the company that
exceeds 30% of the total purchase amount.

4. Property used in business activities

4.1 The Company's assets are land, buildings, factories, machines, tools and equipment,
Office equipment and vehicles. Core assets of TYCN as at December 31, 2020 – 2021.

Proprietary 2021 Total 2020 Total
Asset right/ Value (MB) Value (MB)
Ownership
1. Land and land improvement Ownership 514.53 499.36
2. Buildings and attached facilities Ownership 500.00 544.98
3. Machinery and equipment Ownership 1,626.13 1,843.53
4. Transportation & Vehicle Ownership 17.56 10.60
5. Furniture and fittings Ownership 3.82 4.61

4.2 Investment Policy in Subsidiaries and Related Companies

The Company has formulated an external investment policy in accordance with the
group's vision and growth plan, which will enable the group’s Company to have higher
operating efficiency or profit, or invest in businesses that creates benefits (Synergy) to
increase the Company's competitiveness and lead to the success of the goal to be a leader in
the Company's core business industry.

Therefore, the Company may consider investing in other sectors. If the business has
potential for business growth or it is beneficial to the business of the Company in the group's
Company and can generate a good return on investment. The Company will consider the
expected risks and returns and the Company's financial position before making an investment

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