Nanzhu International Reports Record First Quarter Profit, Increases Capital for Vietnamese Subsidiary
Nanzhu International, a Taiwanese slide manufacturer, announced a record-breaking first quarter with net profit soaring 2.6 times year-on-year to NT$235 million on revenue of NT$867 million. The company also approved a US$15 million (approx. NT$470 million) capital injection into its wholly-owned Vietnamese subsidiary, REPON TECH (VIETNAM), to expand production capacity and diversify geopolitical risk.
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- 📰 Published: May 11, 2026 at 20:34
- 🔍 Collected: May 11, 2026 at 21:02 (27 min after Published)
- 🤖 AI Analyzed: May 11, 2026 at 21:41 (38 min after Collected)
Nanzhu International reported its first-quarter financial results, achieving a record high in both revenue and profit. Revenue reached NT$867 million, a 73.7% increase year-on-year, while net profit attributable to the parent company was NT$235 million, a 2.6-fold increase compared to the previous year. The company's strong performance is attributed to the continued shipment of GB series AI server rails to cloud service providers and increased demand for general server rails. Nanzhu International also decided to inject US$15 million into its Vietnamese subsidiary, REPON TECH (VIETNAM), to fund its second phase of expansion, including factory construction and working capital, aiming to mitigate geopolitical risks and strengthen global layout. The company expects its GB series rails to begin shipping in late 2025 or early 2026, following NVIDIA's RVL qualification.
FAQ
What were Nanzhu International's first-quarter financial highlights?
Nanzhu International's first-quarter revenue was NT$867 million (up 73.7% YoY), and net profit was NT$235 million (up 2.6 times YoY), both reaching historical highs.
Why did Nanzhu International increase capital for its Vietnamese subsidiary?
The capital increase of US$15 million for REPON TECH (VIETNAM) is to fund the second phase of expansion, including operating capital and factory construction, to enhance production capacity and diversify geopolitical risk.
What is driving Nanzhu International's growth?
Growth is driven by the ongoing shipment of GB series AI server rails to cloud service providers and increased demand for general server rails.
When will Nanzhu International's GB series rails start shipping for NVIDIA?
Shipments for NVIDIA's RVL-qualified GB series rails are expected to begin in late 2025 or early 2026.