Why was this project initiated?

To construct a high-voltage receiving station for Hongbai Technology within the Farglory Aviation Free Trade Zone Value-Added Park.

Why was the project canceled?

The client, Hongbai Technology, decided to terminate the project after internal review.

Has a contract been signed?

No, the project was still in negotiation; no contract or payment has been made.

Is this a related-party transaction?

Yes, Dongyuan Construction is a group company of Farglory, making this a related-party transaction.

Did the cancellation cause financial loss?

No direct financial loss occurred as no contract was signed or payment made.

Farglory Port Subsidiary Cancels Asset Acquisition from Related Party for High-Voltage Substation Project

Key facts

Farglory Port Subsidiary Cancels Asset Acquisition from Related Party for High-Voltage Substation Project
Farglory Aviation Free Trade Zone Co., Ltd., a subsidiary of Farglory Port, has canceled the construction of a high-voltage receiving station project after the client, Hongbai Technology, decided to terminate the initiative. The project was initially approved via public tender with Dongyuan Construction, a related party.
Source: TWSE
Date: Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

Farglory Aviation Free Trade Zone Co., Ltd., a subsidiary of Farglory Port, has canceled the construction of a high-voltage receiving station project after the client, Hongbai Technology, decided to terminate the initiative. The project was initially approved via public tender with Dongyuan Construction, a related party.

Citation: Farglory Port Subsidiary Cancels Asset Acquisition from Related Party for High-Voltage Substation Project (Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Farglory Aviation Free Trade Zone Co., Ltd., a subsidiary of Farglory Port, has canceled the construction of a high-voltage receiving station project after the client, Hongbai Technology, decided to terminate the initiative. The project was initially approved via public tender with Dongyuan Construction, a related party.

AI Analysis

Frequently Asked Questions

Q: Why was this project initiated?: A: To construct a high-voltage receiving station for Hongbai Technology within the Farglory Aviation Free Trade Zone Value-Added Park.
Q: Why was the project canceled?: A: The client, Hongbai Technology, decided to terminate the project after internal review.
Q: Has a contract been signed?: A: No, the project was still in negotiation; no contract or payment has been made.
Q: Is this a related-party transaction?: A: Yes, Dongyuan Construction is a group company of Farglory, making this a related-party transaction.
Q: Did the cancellation cause financial loss?: A: No direct financial loss occurred as no contract was signed or payment made.