Industrial Bank of Taiwan
On July 12, 1999, Dr. Samuel C. Shieh and Mr. Kenneth C. M. Lo, senior financiers in Taiwan's banking community, founded Industrial Bank of Taiwan (IBT), the first newly established industrial bank in Taiwan. The bank integrated the resources of the private sectors to support national economic development projects and provide investment-banking services to emerging strategic industries. Our goal is to accelerate the upgrading process of our industrial structure and help Taiwan become a developed country in the world.

IBT's businesses include credit extension, equity investment, financial consultations, securities trading, asset securitization, project finance and foreign exchange, and various investment banking services, such as corporate finance, asset management, M&A and restructuring. In building trustworthy long-term business relationships, the bank aspires to be our customers’ best financial advisor and major banker.

IBT Securities Co., Ltd. (IBTS)
The predecessor of IBTS is Sheng Ho Securities, which was established in 1961 and one of the oldest securities companies in Taiwan. In June 2000, IBT acquired 77.24% stake in Sheng Ho and renamed the company as IBT Securities Co., Ltd. IBTS is the first securities house that was owned by an industrial bank.

Upon becoming a member of the IBT Group, IBTS tapped into many new businesses. In May 2000, it obtained government bond dealership license. It was allowed to match trades and act as a market maker for emerging stocks in January 2001. In April 2001, IBTS was licensed to engage in the brokerage of index futures option. In June, IBTS was requested by the Development Fund of Executive Yuan to help liquidate part of its portfolio. In early 2002, IBTS was further licensed to engage in futures proprietary trading, interest rate SWAP (IRS), CB Assets SWAP, issuing call/put warrants, and asset securitization.

Looking forward, apart from continuous efforts in investment and product development, IBTS will aggressively establish strategic alliance with other financial institutions, engage in international financing and provide quality services to clients.

IBT Investment Consultant Co., Ltd.
Founded in April 1998, this company became part of the IBT Group in June 2000, subsequent to IBT's acquisition of Sheng Ho Securities. In April 2001, the company was one of the few investment consultant companies licensed to conduct discretionary trading businesses. The company now provides investment advisory services to both individual and institutional clients.

The company integrates the resources of the group to provide real-time, in-depth investment recommendations and research reports on a timely basis (daily, weekly, monthly and annually) as well as ad-hoc requests. The reports cover economic and political developments, industrial changes, and individual companies. The company is currently expanding the breadth of product offerings to transform from being a pure investment consultant to full-fledged asset manager.

Ta Chong Investment Trust Corp.
Founded in Aug. 1997 by Ta Chong Commercial Bank and Sanwa Bank from Japan, Ta Chong Investment Trust Corp. was acquired by IBT in Nov. 2001.

Ta Chong is currently managing 9 funds, including 4 equities funds, 2 bond funds, 2 balanced funds and 1 portfolio fund. Total assets under management have been growing, reaching NT$ 34.5 billion at the end of 2004.

IBT Management Corp. (IBTM)
IBT Management Corporation (IBTM) was established on 31 July 2000 as a wholly owned subsidiary of the Industrial Bank of Taiwan (IBT). Our mission is to utilize our industry and financial expertise to assist early- to mid- stage high tech companies to grow and create their competitive edges. In addition, we are committed to maximizing returns for our fund investors through a prudent investment strategy.

Based in Taipei, Taiwan, IBTM has been aggressively expanded its business arena geographically. It has established strategic alliances with several venture capitalists in America and Asia Pacific to facilitate deal sourcing and information gathering.

Currently IBTM manages two venture capital funds, IBT Venture Co. and Boston Life Science Venture Co. With a total capital of NT$ 4.364 billion, the two funds have invested in over 60 enterprises.

IBT Venture Co., Ltd.
IBT Venture Co. was established in 2000 with a total capital of NT$2.36 billion. Mr. Kenneth C.M. Lo is the company's chairman. Major shareholders comprised well-known domestic life insurance companies, leading semiconductor firms and some listed companies.

IBT Venture Co. has invested in 50 companies in Taiwan, the U.S. and Europe. Investments concentrated on industries such as semiconductors, optoelectronics, networking, computers, biotechnology and software.

Boston Life Science Venture Co.
Boston Life Science Venture Co. was founded in 2003, with a capital of NT$2 billion. Investors include Industrial Bank of Taiwan and others from private and public sectors. We aim to nurture and create innovative technologies, and assist biotech companies to build networks in Asia Pacific.

Our investment focuses are pharmaceuticals, biopharmaceuticals, medical devices and healthcare services. We are dedicated to incorporate IBT's financial services and our connections through out domestic and overseas biotech industry, to create win-win situations for both shareholders and portfolio companies.

IBT Education Foundation
Established in 2000 by the donation of NT$ 30 million from the IBT, the foundation puts great emphasis on "Learning, Innovation, and Technology" in its activities. Integrating resources of private and public sectors, promoting industrial/academic cooperation, and organizing technology seminars/management workshops, the foundation intends to immerse the young generation with new concepts and visions so as to nurture new generation entrepreneurs and technology talents. Thus, the goal of converting Taiwan into a ‘Technology Island' can be achieved going forward.