Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 91

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 91
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BS brand awareness and generate additional sales from these markets. With more KBS Golf Experience stores opening worldwide, the Company hopes to diversify its revenue sources from mainly shaft sales to a mix of shaft sales, sales of in -storeand online golf equipment and golf accessories, and revenue from fitting and customization services. Expanding into the PRC and other Global Markets The maturation of the U.S. golf market has prompted international major golf brands to seek new opportunities abroad. The PRC, with its stable economic growth and rising disposable income in the last few decades, has emerged as a battleground for major golf brands. Several factors contribute to the PRC’s burgeoning golf market: • Growing Affluence:As disposable income increases, Chinese consumers’ spending power expands, making golf a more accessible sport for a wider population. • Sporting Success:The impressive performance of Chinese players in international tournaments has fueled domestic interest and enthusiasm for the game. • Policy Support:The inclusion of golf in the “14 thFive -YearPlanning for Sports Competition” by the Chinese government signifies a commitment to promote and popularize the sport, paving the way for significant market growth. The Company also recognizes growth potential of its products in Japan, Korea, and Europe and plans to strategically position itself to capitalize on the potential in PRC as well as in these other regions. The Company’s expertise in manufacturing and brand building makes it a well -suitedcompetitor in this dynamic landscape. Expanding into Graphite Shaft Production Although in recent years the Company has diversified its product offering by launching a variety of graphite shafts, the Company currently does not have its own graphite shaft production line, outsourcing all of its graphite shaft production to a third party. The Company recognizes that developing its own graphite product lines at different price points can potentially result in revenue growth and establishment of reputation as a branded graphite shaft manufacturer, complementing its reputation as a steel shaft manufacturer. Therefore, the Company plans to acquire the know -howand capability to expand into graphite shaft production in the near future. Products and Services Offerings Current Product Offerings The Company specializes in the development and manufacturing of high -performancegolf club shafts, catering to golfers of all skill levels and price sensitivities through three distinct product lines: premium shafts, standard shafts, and economy shafts. The Company exclusively markets its premium shafts under the KBS brand. The Company sells KBS brands to both retail customers, international golf brands and sports retailers. The Company’s premium shafts, crafted from top quality materials such as steel