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[Shin Fiber] Announcement Regarding Subsidiary Shinkong Young Lion Co., Ltd. Regarding the Taoyuan City Youth Entrepreneurship Village and Smart Manufacturing Park Investment and Development Phase 1 Construction Project

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AI Summary (NQ-processed)

Shin Fiber announced that its subsidiary, Shinkong Young Lion Co., Ltd., has signed a contract with Sanmin Construction Co., Ltd. for the first phase of construction of the Taoyuan City Youth Entrepreneurship Village and Smart Manufacturing Park, with a total contract amount of NT$2.865 billion (excluding tax). The construction period is from April 2026 to May 2027.

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Frequently Asked Questions

Q: What is the total contract amount for the Phase 1 construction project?
A: The total contract amount for the project is NT$2.865 billion excluding tax.
Q: Who is the contractor for the Taoyuan City construction project?
A: The contractor for the project is Sanmin Construction Co., Ltd.
Q: What is the expected period for this construction contract?
A: The contract period is scheduled from April 2026 to May 2027.
Q: When did the Board of Directors approve this construction project?
A: The Board of Directors approved this project on April 14, 2026.
Q: What is the specific purpose of the acquisition mentioned in the announcement?
A: The purpose is to complete the Phase 1 construction project of the Taoyuan City Young Lion Entrepreneurship Village and Smart Manufacturing Park.