Company: AGCC
Filing Date: 2025-09-04
Form Type: F-1/A
Source: 0001213900-25-084516
Chunk: 110

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-09-04
Form: F-1/A
Chunk 110
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 can be challenging for brands using innovative cask -to -bottletechniques. Brand relationships Existing distributors often maintain longstanding relationships with distillery owners, built on trust and mutual understanding. New entrants may find it difficult to penetrate these established networks, as distillers tend to prioritize collaboration with familiar business partners who have demonstrated reliability and quality. Packaging hazards The interaction between barrels and bottles can be influenced by the production processes used to store and transport them. Chemicals from packaging materials may leach into beverages due to factors such as shocks, vibrations, temperature fluctuations, or direct contact with liquids. While inert packaging materials like glass or stainless steel are safer and more stable, they often require specialized recycling processes, adding complexity to waste management. Furthermore, post -distribution, packaging waste can become litter, often bearing the producer’s brand. This not only contributes to environmental pollution but also directly associates the producer with the negative impact of the litter, potentially harming their brand reputation. Opportunities and Challenges of Wine Distributors in Taiwan The wine distribution market in Taiwan is characterized by a dynamic landscape presents both opportunities and challenges. While regulatory hurdles and intense competition from established local and international brands pose significant obstacles, emerging trends create new avenues for growth. Increasing consumer interest in sustainability and the rise of craft distilleries are reshaping preferences, driving demand for unique and high -qualityofferings. As consumers become more discerning and seek innovative, premium experiences in their spirit choices, distributors have the chance to differentiate themselves by curating exceptional products and engaging in sustainable practices. This evolving market environment suggests that, despite the challenges, there is substantial potential for expansion and success for distributors willing to adapt and innovate in response to consumer desires. 75 BUSINESS OVERVIEW We specialize in the procurement, distribution and sale of high -qualitywhiskies, including both bottled and cask whisky in both Taiwan and international markets. Since the inception of Agencia Comercial Co., Ltd, our Operating Subsidiary, in Taichung, Taiwan, the Operating Subsidiary has experienced significant growth through strategic expansion and diversification. Currently, we focus on three main business areas: bottled whisky sales (comprising approximately 11.66% and 88.34% of the total revenue in 2023 and 2024, respectively), raw cask whisky sales (comprising approximately 88.34% and 35.52% of the total revenue in 2023 and 2024, respectively), and brand authorizations for bottling, packaging, and sales in Asia