Hsing Ku Enterprises, founded by Mr. Chi-Pen Yang, was established in 1969. It became an associate of the W.S.F. Group in 1994. As a result of this association, the W.S.F. Group and Hsing Ku Enterprises have become the largest stainless steel processors in Taiwan with an annual turnover exceeding US$50,000,000.00.
The stainless steel processing plant located in Taiwan currently processes approximately 40,000 tons of stainless steel per annum and trades over 30,000 tons of stainless steel per annum. This is in addition to the stainless steel scrap processed by the W.S.F. Group at its main processing plant in Guangdong, China. The W.S.F. Group and Hsing Ku Enterprises’ stainless steel recovery operations specialize in all types of stainless steel recovery such as sabot 8/8, high grade nickel alloys, “alloy-42”, stainless shredded, runnings and turnings. The processing plant is capable of processing great volumes of stainless steel scrap very rapidly and efficiently regardless of the scrap product size. The processing plant operates one of the largest shears in Taiwan enabling it to cut and press all the metals it processes to meet international standards for desired end use.
The success of the W.S.F. Group and Hsing Ku Enterprises association has led to the two entities forming an alliance and diversifying into other commercial businesses such as property investment, domestic and commercial property development, garment manufacture, watch movements, residue refining and the establishment of banking and financial services.
