Central News Agency (CNA Taipei, June 29) Elevator manufacturer Chung Hsing's General Manager You Ben-li predicted today that the company's revenue and profit targets for this year will grow compared to 2025, and it will continue to accelerate its replacement business, with maintenance services maintaining a growth rate of 3% to 5%. Chung Hsing held a press conference this morning to announce its contract for a high-end new elevator project for the Kinpo Group headquarters building at the T16 site in the Beitou-Shilin Technology Park (Beishike) in Taipei City. You Ben-li stated that the research, design, and manufacturing operations for this project will all be carried out in Taiwan, with delivery expected by the end of 2028 at the earliest, and revenue recognition starting in 2029 at the earliest. Looking ahead to this year's operations, You Ben-li said that maintenance revenue can maintain a growth rate of 3% to 5%. The order situation for new elevators and replacement projects in the first half of the year is similar to the same period in 2025, and the company will continue to increase replacement projects starting from 2025. You Ben-li explained that current new construction projects for factory buildings and commercial buildings are mainly concentrated in Taipei, Taichung, and Kaohsiung, with Taichung having a larger volume. Chung Hsing currently has a stable position in high-speed elevator projects in Taichung. Overall, the pace of real estate construction in southern Taiwan has slowed down, and the volume of new construction projects in Taiwan's construction industry this year remains to be seen. Chung Hsing stated that it currently maintains approximately 45,000 units, with an annual increase of about 1,500 units. In terms of revenue proportion, maintenance projects account for about 42%, while new elevators combined with replacement projects account for about 58%. (Editor: Chang Chun-mao) 1150629 Stand with facts, your every donation is a force to protect p