TPV Technology, formerly known as Admiral Overseas Corporation, was founded in Taiwan in 1967. In 1989, following a critical decision by our CEO, Dr. Jason Hsuan, to establish a factory in Fuqing, Fujian, TPV’s first factory in mainland China rose up from a piece of barren land. Through decades of experience and development, TPV has grown from a previously unknown small display factory to a global leader in the smart manufacturing of monitors and TVs, with 12 manufacturing bases worldwide, an annual output of about 50 million units, and a revenue above 50 billion RMB in recent years. Our monitor shipments have remained the world’s No.1 for 20 consecutive years, with a stable market share of around 30%; our TV shipments have also ranked consistently among the top 10 globally. In March 2023, the Company was honored with the most prestigious award in the Chinese industrial sector—the 7th China Industry Award. In July 2023, the Company ranked 217th on the list of Fortune China 500 Listed Companies.
The Company adheres to a dual-track OBM/ODM business model - not only designing and manufacturing products for some of the best-known TV and PC brands in the world but also manufacturing and distributing products of our own brands including AOC, AGON, Envision as well as Philips’ monitors, TVs, and audio-visual products, under long-term exclusive license agreements. Continuously striving to improve our manufacturing process and explore the potential for a smarter manufacturing system, we have been providing innovative and premium-quality products and services over the years, which have won the hearts of customers and businesses worldwide and landed us various international prizes such as the Red Dot Awards, iF Design Award, EISA Awards, and the CES Innovation Awards. Looking ahead, in the era of Industry 4.0, TPV will accelerate the digital transformation from traditional manufacturing to 'smart manufacturing', steadily advancing towards the goal of building a fully digitalized factory and achieving digitalization of operations by 2025, to drive long-term growth for our business.
TPV was dual-listed on the Hong Kong and Singapore Stock Exchanges in 1999 and privatized in 2019. A year later, we began undergoing a major asset restructuring with Nanjing Huadong Electronics Information & Technology Co., Ltd., a listed company on the Shenzhen Stock Exchange. In May 2021, the listed company was officially renamed "TPV Technology Co., Ltd.", marking the listing of TPV on the stock market in mainland China.
