Pension Fund

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FUSAN

Fusan Valve emerged in 1963 under founder Lian-Tsai Jong, establishing its headquarters at 22, Lane 89, Sec. 4, Chang-Mei Road in Changhua, Taiwan.

FUSAN logo

FUSAN

Fusan Valve emerged in 1963 under founder Lian-Tsai Jong, establishing its headquarters at 22, Lane 89, Sec. 4, Chang-Mei Road in Changhua, Taiwan. The company has since expanded its manufacturing footprint to include facilities in Dongtai and Suzhou in Jiangsu, China, while maintaining its original plant in Taiwan. Although structured as a private manufacturer rather than a traditional financial entity, Fusan functions as an asset owner through its operational control of industrial real estate and its strategic equity position in other Taiwanese manufacturers. The company specializes in brass valves, gas valves, bibcocks, and related plumbing products destined for residential and commercial water, gas, and heating systems. A major distribution partnership with Legend Valve and Fitting, LLC provides a dedicated channel into the North American market. Fusan's product certifications (NSF, CSA, IAMPO) confirm its long-standing OEM and branded business across Japan, Europe, and the United States. The firm also holds a material equity stake in Wonderful Hi-tech Co., Ltd., a Taiwanese wire and cable manufacturer, alongside co-investor Meiming Investment Co., Ltd. Fusan expanded its Changhua logistics capability with a High Bay VNA Warehouse System, reflecting an operational focus on precision distribution rather than pure asset gathering. The firm participates in two local industry associations: the Taiwan Metal Industry Association and the Plumbing Association of Taiwan. Ming-Lieh Chang, a top shareholder in Wonderful Hi-tech, represents a key business relationship that extends Fusan's influence beyond its core plumbing business into the broader industrial sector. Fusan's structure as a multi-generational manufacturing company with a diversified equity portfolio offers a distinct profile: it is neither a pure pension fund nor a conventional family office, but an industrial owner-operator whose balance sheet reflects decades of accumulated real estate, cross-shareholdings, and global customer relationships. The dual Taiwan-China manufacturing strategy, predating modern supply chain regionalization, provides a natural hedge that few peers in the plumbing-component space replicate.

General information

Firm type

Pension Fund

Year founded

1963

Location

Region

Asia

Country

Taiwan

City

Changhua

Corporate office

22, Lane 89, Sec. 4, Chang-Mei Road, Ho-Mei Town, Changhua, Taiwan

Additional offices

Dongtai, Jiangsu, China · Suzhou, Jiangsu, China

Principals

Lian-Tsai Jong

Founder & President, Fu San Machinery Co., Ltd.

Ming-Lieh Chang

Top Shareholder, Wonderful Hi-tech Co., Ltd.

Sector focus

Industrial TechManufacturing

Frequently asked questions

What does Fusan Valve actually manufacture?

Fusan produces brass valves, gas valves, bibcocks, and related plumbing components used in water, gas, and heating systems. Its products are sold globally, with specific certifications for North American markets including NSF, CSA, and IAMPO. The company also operates OEM lines for customers in Japan and Europe.

Is Fusan structured as a family office or an operating company?

Fusan is primarily an operating company run by founder Lian-Tsai Jong. It owns and operates manufacturing plants in Taiwan and China. However, the entity also functions as an asset owner through its industrial real estate portfolio and a significant equity stake in Wonderful Hi-tech Co., Ltd., a publicly traded Taiwanese wire and cable manufacturer.

Who is Fusan's main distribution partner in North America?

Legend Valve and Fitting, LLC serves as Fusan's major North American distribution partner. This relationship gives Fusan a direct commercial channel into the US and Canadian plumbing markets, supporting its certified product lines sold under various brands and OEM agreements.

Where are Fusan Valve's physical operations located?

Fusan's primary plant sits in Changhua, Taiwan, at 22, Lane 89, Sec. 4, Chang-Mei Road. The company also operates manufacturing facilities in Dongtai and Suzhou in Jiangsu Province, China. A dedicated High Bay VNA Warehouse System in Changhua supports its Asia-based logistics.

Does Fusan hold equity in other companies?

Yes. Fusan is a major shareholder in Wonderful Hi-tech Co., Ltd., a Taiwanese industrial manufacturing company. Ming-Lieh Chang, a top Wonderful Hi-tech shareholder and business partner, shares this cross-investment relationship. Meiming Investment Co., Ltd. co-invests alongside Fusan in Wonderful Hi-tech.

What industry associations does Fusan belong to?

Fusan is a member of the Taiwan Metal Industry Association and the Plumbing Association of Taiwan. These trade organizations position the firm within Taiwan's broader industrial manufacturing and plumbing sectors, connecting it to regulatory developments and supply-chain networks.

How does Fusan generate revenue?

Fusan generates revenue through the manufacture and sale of brass plumbing components to wholesale distributors and OEM partners in North America, Europe, and Japan. Revenue is supplemented by its equity portfolio, including dividend income or capital appreciation from its stake in Wonderful Hi-tech Co., Ltd., though the firm does not publicly report consolidated financials.

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