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Fusheng Precision Expands into Hand Tools, Aiming for Over NTD 10 Billion Revenue
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2025-08-15
Fusheng Precision, a golf equipment OEM, has officially acquired Proxene Tools this year and is actively expanding into the hand tool market. Leveraging Proxene Tools as a key base, the company plans to integrate group resources and aggressively pursue hand tool business revenue exceeding NTD 10 billion. It is currently in talks with two to three major domestic hand tool manufacturers for potential cooperation, with one deal expected to be finalized by the end of the year.
The company revealed it started developing titanium alloy hand tools five years ago, which now contribute nearly 10% of its revenue. By forming alliances with other industry players, Fusheng Precision aims to capture at least 10% market share in Taiwan's hand tool sector, whose annual output value exceeds NTD 100 billion. The strategy centers on resource and technology integration to scale operations and enhance global competitiveness.
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