Page 9 - Annual report eng 2020

Tycoons Worldwide Group (Thailand) Plc.

The company produces bolts in accordance with EN 15048 standards, the
products specifications are M12 – M24 granted certification of standards by
Engineering test institute, public enterprise.

International standardization granted:

On October 1, 2001, TYCN was approved with the two ISO: ISO 9001 and ISO
14001 for its excellence in manufacturing process and environmental protection,
respectively. On July 13, 2009, TYCN was approved the certification of
Laboratory Accreditation of ISO/IEC 17025.

Board of investment privilege:

TYCN was granted the promotional privileges from the Board of Investment
(BOI) under a promotion certificate issued on October 11, 1996 to manufacture
steel wire rod, annealed wire (<6mm) and screw under category 2.15 manufacture
of steel wire, round bar or steel billet and category 4.7 manufacture of metal wire
or wire products and a promotion certificate issued on April 9, 2003 to
manufacture annealed wire (>6mm) and bolt under category 4.7 manufacture of
metal wire or wire products.

2.2 Marketing and competitive environment

2.2.1 Marketing strategies, target clients, distribution channels

2.2.1.1 Domestic market

1. Marketing strategies

A.Wire rod and annealed wire:
TYCN is the only one steel manufacturer with “billet surface grinding” procedure
which is able to remove flaws on billets so that the flawless billets can be used for
producing CHQ (Cold Heading Quality) wire rods and annealed wires. These
products get TYCN into the high-end segment in which there are no domestic
competitors. In the segment of ordinary products, TYCN is also the leading
manufacturer who produces a variety of high-quality products and makes on-time
delivery.

B.Reinforcing bar:
TYCN produces compact rebar in coil, which allows customers to flexibly
determine cutting length and minimize production loss.

C.Technical service:
TYCN provides knowledgeable technical team to support technical work such as
utilization of TYCN’s product with highest efficiency. TYCN is also able to adjust
chemical composition according to customers’ requirement.

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