Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 102

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 102
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 well as individual golf customers serviced by the Company on its website and through KBS Golf Experience Stores. Currently, the Company has its own field sales representatives in Taiwan, the United States and Japan, primarily covering major corporate clients. The Company believes that its sales representatives are an integral part of our brand image. They are tasked with key aspects of customer service, including lead discovery, client management, merchandise display, product recommendation, and after -salesreturn visits. The Company’s field sales agents also cover corporate customers including major international golf club brands, other OEMs, and national distributors. They are tasked with key aspects of sales generation activities, including developing relationship with potential clients, tracking demands of existing clients, attending trade conference to boost brand awareness, hosting event to generate sales leads. As of the date of this prospectus, the Company employed 90 sales representatives worldwide focused on the sale of shafts. 68

Research and Development The core technologies powering the Company’s products result from the Company’s deep expertise and sustained investment in golf club shaft R&D. The Company prioritizes internal innovation, maintaining full control over its proprietary intellectual property, and reducing reliance on external R&D collaborations. Leveraging Expertise for High-Performance Shafts The Company’s entry into golf club manufacturing stems from its established expertise in high -precisionmachining and metalworking, developed within the existing machinery and metal materials business of its major shareholder, Far East Machinery Co., Ltd. This foundational competence translates into a strategic focus on R&D and innovation in metalworking. The Company has dedicated substantial resources to golf -specificproduct development. The Company employs a dedicated R&D team, which had 21 full -timeemployees as of the date of this prospectus, focusing on innovation in shaft design, material composition and manufacturing process. In addition, the shaft design and development process is oversaw by Kim Braly, head of the Design Department of FST America, Inc. (“ FST America”), who provides the R&D team with valuable insights as a veteran designer. Furthermore, the Company collects feedbacks from the PGA players who uses KBS shafts in their competitions, and tracks customer preferences through online orders and in -personcustomer fittings at KBS Golf Experience stores. The sales department analyses the data and informs the R&D department any insights generated from data analysis and direct feedbacks, to ensure new products is designed to meet customer demands. This multi -prongedapproach, focusing on internal technological expertise, guidance from the industry veteran, and player -driveninsights, has