[Zhonglian Resources] Announcement of Acquisition of Real Estate Usage Rights
Zhonglian Resources announced on May 7, 2026, the acquisition of usage rights for land and buildings in Kaohsiung City for NT$53,833,000. The lease, secured by its subsidiary Friend Cheng Lime Factory Co., Ltd., is for operational storage needs and includes a monthly rent of NT$935,000 for a 5-year term.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 09:51 (1h 51m after Collected)
1. Subject matter and nature (e.g., land located in XX District, XX Section, XX Sub-section, Kaohsiung City):
Kaohsiung City, Siaogang District, Erqiao Section, Lots 95-36, 95-37, 95-38, 1236-1, and Reservoir Section, Lots 291, 292
Total of 6 land parcels (including all buildings situated on the land)
2. Date of event: May 7, 2026 ~ May 7, 2026
3. Date approved by the Board of Directors: May 7, 2026
4. Other approval dates: Not applicable
5. Transaction quantity (e.g., XX square meters, equivalent to XX pings), price per unit, and total transaction amount:
Transaction quantity: Land approximately 24,927 pings, buildings approximately 609 pings.
Price per unit: Monthly pre-tax rent of NT$935,000.
Total transaction amount: Usage rights asset approximately NT$53,833,000.
6. Transaction counterparty and relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted):
Friend Cheng Lime Factory Co., Ltd. (hereinafter referred to as Friend Cheng Company), a subsidiary of this company.
7. If the counterparty is a related party, state the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner and the company and the counterparty, the date of the previous transfer, and the amount of the transfer:
Reason for selecting the related party as the counterparty:
The subject matter is adjacent to the company's southern grinding plant, which is beneficial for raw material dispatch and reducing transportation costs.
Previous transfer details:
(1) Friend Cheng Company acquired the land in 1976 and 1979 from the Kaohsiung County Farmers' Association, with a total acquisition price of approximately NT$5,631,000.
(2) The buildings were self-constructed by Friend Cheng Company.
(3) Kaohsiung County Farmers' Association is not a related party to this company or Friend Cheng Company.
8. If the owner of the transaction subject has been a related party of the company within the last five years, the date of acquisition and disposal, price, and relationship with the company at the time of transaction should also be announced:
Not applicable.
9. Estimated profit (or loss) from disposal (not applicable for asset acquirers) (deferred recognition should be listed):
Not applicable.
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
Payment amount: Monthly rent of NT$935,000 (pre-tax).
Payment terms: Quarterly.
Lease term: From January 1, 2027, to December 31, 2031, for a total of 5 years.
Contractual restrictions and other important agreed matters:
Upon expiration of the lease, if the lessor intends to renew the lease or sell to others, the lessor promises that the lessee has the priority to lease or purchase under the same conditions.
Either party may terminate this agreement in advance during its effective period, provided that one month's written notice is given to the other party prior to termination.
11. Method of decision for this transaction (e.g., bidding, price comparison, or negotiation), basis for price determination, and decision-making unit:
Negotiated based on market prices and approved by the Board of Directors.
12. Name of professional appraisal firm or company and its appraisal amount:
Not applicable.
13. Name of professional appraiser:
Not applicable.
14. Practicing certificate number of professional appraiser:
Not applicable.
15. Is the appraisal report a limited price, specific price, or special price: No or not applicable
16. Is the appraisal report not yet obtained: No or not applicable
17. Reason for not obtaining the appraisal report:
Not applicable
18. If there is a significant difference in the appraisal result, the reason for the difference and the accountant's opinion:
Not applicable.
19. Name of accounting firm:
Not applicable.
20. Name of accountant:
Not applicable.
21. Practicing certificate number of accountant:
Not applicable.
22. Broker and brokerage fee:
Not applicable.
23. Specific purpose or use of the acquisition or disposal:
Company operational needs (for use as a storage area)
24. Opinion of dissenting directors for this transaction:
None
25. Is this transaction a related party transaction: Yes
26. Date of approval by supervisor or audit committee:
May 7, 2026
27. Is this transaction an acquisition of real estate or its usage rights from a related party: Yes
28. Price assessed according to Article 16 of the "Regulations Governing Asset Acquisition and Disposal by Public Offering Companies": Not applicable
29. If the assessed price in the preceding paragraph is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information for the same event: Not applicable
31. Other descriptive matters:
None
Keywords: Material Information
Kaohsiung City, Siaogang District, Erqiao Section, Lots 95-36, 95-37, 95-38, 1236-1, and Reservoir Section, Lots 291, 292
Total of 6 land parcels (including all buildings situated on the land)
2. Date of event: May 7, 2026 ~ May 7, 2026
3. Date approved by the Board of Directors: May 7, 2026
4. Other approval dates: Not applicable
5. Transaction quantity (e.g., XX square meters, equivalent to XX pings), price per unit, and total transaction amount:
Transaction quantity: Land approximately 24,927 pings, buildings approximately 609 pings.
Price per unit: Monthly pre-tax rent of NT$935,000.
Total transaction amount: Usage rights asset approximately NT$53,833,000.
6. Transaction counterparty and relationship with the company (if the counterparty is an individual and not a related party, their name may be omitted):
Friend Cheng Lime Factory Co., Ltd. (hereinafter referred to as Friend Cheng Company), a subsidiary of this company.
7. If the counterparty is a related party, state the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner and the company and the counterparty, the date of the previous transfer, and the amount of the transfer:
Reason for selecting the related party as the counterparty:
The subject matter is adjacent to the company's southern grinding plant, which is beneficial for raw material dispatch and reducing transportation costs.
Previous transfer details:
(1) Friend Cheng Company acquired the land in 1976 and 1979 from the Kaohsiung County Farmers' Association, with a total acquisition price of approximately NT$5,631,000.
(2) The buildings were self-constructed by Friend Cheng Company.
(3) Kaohsiung County Farmers' Association is not a related party to this company or Friend Cheng Company.
8. If the owner of the transaction subject has been a related party of the company within the last five years, the date of acquisition and disposal, price, and relationship with the company at the time of transaction should also be announced:
Not applicable.
9. Estimated profit (or loss) from disposal (not applicable for asset acquirers) (deferred recognition should be listed):
Not applicable.
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
Payment amount: Monthly rent of NT$935,000 (pre-tax).
Payment terms: Quarterly.
Lease term: From January 1, 2027, to December 31, 2031, for a total of 5 years.
Contractual restrictions and other important agreed matters:
Upon expiration of the lease, if the lessor intends to renew the lease or sell to others, the lessor promises that the lessee has the priority to lease or purchase under the same conditions.
Either party may terminate this agreement in advance during its effective period, provided that one month's written notice is given to the other party prior to termination.
11. Method of decision for this transaction (e.g., bidding, price comparison, or negotiation), basis for price determination, and decision-making unit:
Negotiated based on market prices and approved by the Board of Directors.
12. Name of professional appraisal firm or company and its appraisal amount:
Not applicable.
13. Name of professional appraiser:
Not applicable.
14. Practicing certificate number of professional appraiser:
Not applicable.
15. Is the appraisal report a limited price, specific price, or special price: No or not applicable
16. Is the appraisal report not yet obtained: No or not applicable
17. Reason for not obtaining the appraisal report:
Not applicable
18. If there is a significant difference in the appraisal result, the reason for the difference and the accountant's opinion:
Not applicable.
19. Name of accounting firm:
Not applicable.
20. Name of accountant:
Not applicable.
21. Practicing certificate number of accountant:
Not applicable.
22. Broker and brokerage fee:
Not applicable.
23. Specific purpose or use of the acquisition or disposal:
Company operational needs (for use as a storage area)
24. Opinion of dissenting directors for this transaction:
None
25. Is this transaction a related party transaction: Yes
26. Date of approval by supervisor or audit committee:
May 7, 2026
27. Is this transaction an acquisition of real estate or its usage rights from a related party: Yes
28. Price assessed according to Article 16 of the "Regulations Governing Asset Acquisition and Disposal by Public Offering Companies": Not applicable
29. If the assessed price in the preceding paragraph is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable
30. Date of previous announcement of material information for the same event: Not applicable
31. Other descriptive matters:
None
Keywords: Material Information