Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 56

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 56
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 HL Hybrid              The KBS MAX HL Hybrid is designed for a wide range of players looking to maximize the performance of their hybrid shafts by optimizing trajectory, spin, and distance. With its lightweight and c...  
            KBS MAX HL Driver/Wood         Based on the same E. I. curve as the KBS MAX Graphite Iron Shaft, the NEW KBS MAX HL is designed to fit players using “swing speed” rather than the traditional “flex.” This allows players with ...  
  2023      GPS Graphite Putter Shaft      Designed as a high balance performance shaft that results in minimizing deflection bend commonly found in traditional steel putter shafts on longer putts, along with better distance control and...  
  2021      KBS Tour Lite                  Complements the product portfolio with lightweight shafts. Provides increased spin, higher launch, and enhanced distance for a variety of swing speeds.                                               
  2020      KBS CT Putter 2.0              Refined version of the CT Putter with modified                                                                                                                                                        
            KBS ONE Step Putter            Delivers distinct hitting feedback and stabilizes the putting stroke. Unique printed shaft design offers a fresh take on putter performance.                                                          

Focus on Diverse Range of Products and Process Improvements

The Company remains committed to balancing shaft weight with optimal
control, using the Company’s proprietary torque and center of gravity matching technology. This innovative approach allows the Company
to achieve both enhanced impact control and increased shot distance in its shafts, without compromising on shaft weight. This approach
led to the development of a diverse range of shafts catering to players seeking uncompromising performance and accuracy.

Furthermore, the Company embraces cutting-edge technologies to
optimize its production processes and maximize efficiency. By utilizing IoT sensors, the Company collects real-time data on production
information and energy consumption. This data is then analyzed using machine learning algorithms to monitor equipment health and identify
potential issues. This proactive approach allows the Company to:

  implement process improvements to optimize production efficiency.  

  identify opportunities for new equipment investment.  

  maintain a high level of product quality and consistency.  

By combining the Company’s innovative shaft design technologies
with these advanced production optimization tools, the Company aims to continuously improve production efficiency and product quality.
This focus on operational excellence ultimately drives increased profitability and long-term growth.

Competition

The Company competes in a global market for golf club shafts. Its major
global competitors for premium golf club shafts include established brands such as True