News / Taiwan / cnyes
Tycera Subsidiary Ruyi Set for October IPO, Eyes Smart Lighting Growth
Producer Manufacturing · Auto Parts: OEM · cnyes · 2026-09-09
1522, 2204, 2207, 6604
Ruyi, a subsidiary of TYC Brother, is set to list on the Taiwan stock market in early October, with leadership optimistic about smart lighting and SE Asia.
What Happened
IPO Timeline: Ruyi, a subsidiary of TYC Brother, is preparing for its upcoming IPO with an investor conference scheduled for the 10th. Management expects the listing to occur in early October, aiming to leverage group synergies for enhanced operational performance.
Technical Capabilities: The company specializes in automotive lighting and electronic modules, possessing advanced manufacturing capabilities for AFS and ADB headlight systems. By maintaining in-house mold and substrate production, Ruyi ensures high flexibility and rapid response to customized client demands.
Regional Strategy: While Taiwan remains its primary revenue source, Ruyi is aggressively expanding in Indonesia through its joint venture, AJI. The company views the low vehicle penetration rate in Indonesia as a significant long-term growth opportunity for its OEM lighting business.
Financial Growth: Ruyi reported strong financial results for the first half of the year, with net profit surging nearly 150% to NT$97.55 million. Leadership remains bullish on the company's outlook through 2028, driven by the increasing adoption of smart lighting technologies.