“Lee Liang-chen, the King of Golf Club Manufacturing: ‘The Scariest Thing is Staying the Same.'”

“Lee Liang-chen, the King of Golf Club Manufacturing: ‘The Scariest Thing is Staying the Same.'”

Updated: 2020/10/15

Sourcehttps://tw.appledaily.com/finance/daily/20181219/38209341/%20球頭代工王李亮箴不變是最可怕的事

 

Executive Profile & Leadership Philosophy: Li Liang-chen

“Stagnation is what we should fear the most.”

The Legacy of a Global Leader

Chairman Li Liang-chen, characterized by his silver hair and a relentless “jet-setting” work ethic, leads Fusheng Precision, the world’s largest golf club head manufacturer with a 40% global market share. The company serves industry titans such as TaylorMade and Callaway (Tiger Woods’ preferred brands) through 8 factories across Taiwan, China, the US, and Vietnam.

Key Strategic Milestones

  • The Return to Public Market: After delisting in 2008 to partner with private equity (Oaktree Capital) for restructuring, Fusheng Precision made a spectacular return to the Taiwan Stock Exchange (TWSE: 6670) on December 18, 2018.

  • A Promise to his Father: Following the wisdom of his father and founder, Li Hou-teng, he believes that “a corporation belongs to society, not just a family.” This drove the mission to relist and ensure transparency and sustainability.

  • Efficiency through Rationalization: During the 2008 financial crisis, the company faced its first major layoffs (20%). Li transformed this “bitter” experience into a drive for automation and rationalization, reducing the workforce from 17,000 to 10,000 while actually increasing total production capacity.


Core Values & Leadership Style

ValueDescription
Integrity (Credit)“Credit can be accumulated, but never spent.” Trust is a non-consumable asset that must never be exploited.
CraftsmanshipInfluenced by his studies in Japan, Li values the “Shokunin” (artisan) spirit—favoring precision and stability over mere appearance.
Continuous ChangeEmbracing the motto “Invariance is the most terrifying thing,” he constantly seeks to evolve the business model.
Customer HarmonyFusheng remains an OEM/ODM giant and strictly refuses to launch its own brand in any sector that would compete with its clients.

Future Vision: The Next 60 Years

  • Market Expansion: Aims to increase global market share from 40% to 50%.

  • Diversification: Splitting the group’s three major divisions (Machinery, Sports, Electronics) into independent listed entities.

  • Synergy in Precision: Extending precision casting expertise into high-end lifestyle products (e.g., titanium camping gear) and advanced sectors like Aerospace and Automotive components.


Personal Profile: Li Liang-chen

  • Age: 54 (at time of report)

  • Education: Tokyo International University, Japan

  • Interests: Reading, Power walking (his primary stress-reliever)

  • Management Style: “Hands-on” but focused on high-level strategy; believes in seeing the world with one’s own eyes rather than just reading textbooks.

 
 
 
 
 
 

Fusheng Precision Publishes “The Wind-Eating Monster” to Practice Corporate Responsibility, Setting a New Paradigm for Character Education.

“In a first-of-its-kind collaboration, Fusheng partnered with Golden Tripod Award-nominated author Yen Chih-hao to co-create the educational picture book The Wind-Eating Monster. By integrating character education with environmental sustainability, the book aims to inspire children to take proactive action in defending a brighter future.”

Fusheng Precision Reports Q3 EPS of $3.48; Outlook for Q4 Remains Strong

Fusheng Precision (6670), the global leader in golf equipment manufacturing, released its third-quarter financial report yesterday (13th). The company reported a quarterly profit of NT$486 million, a year-on-year decrease of 45.4%, with earnings per share (EPS) of $3.48.

Fusheng Precision Sponsors Water Village Theater Performances at Three Elementary Schools

Fusheng Precision (6670.TW) has once again collaborated with the Water Village Theater this year, sponsoring the performance of the theatrical work Pandora’s Hope…
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