【China Steel】Announcement of Acquisition of Right-of-Use Assets by Subsidiary

Key facts

  • 【China Steel】Announcement of Acquisition of Right-of-Use Assets by Subsidiary
  • China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.
  • Source: PR Times
  • Date: May 25, 2026

Direct answer

China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.

Citation
【China Steel】Announcement of Acquisition of Right-of-Use Assets by Subsidiary (May 25, 2026), PR Times
Source
PR Times
Date
May 25, 2026
China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.
businessNQ 45/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 25, 2026 at 09:00
  • 🔍 Collected: May 26, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 20:12 (132h 11m after Collected)
1. Location: Qieding District, Kaohsiung. 2. Date: 115/5/25. 3. Transaction amount: Right-of-use asset approx. NT$28,549,046. 4. Rent: Approx. NT$500,000/month. 5. Purpose: Solar power system installation. 6. Counterparty: China Steel Corporation. 7. Term: Dec 117 to Nov 122. 8. Decision: Board resolution.

FAQ

What is the purpose of the land lease by China Steel Solar?

To install a solar power generation system.

What are the key facts in this article?

China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.

What is the direct answer?

China Steel Corporation's subsidiary, China Steel Solar, has announced the acquisition of land use rights in Qieding District, Kaohsiung, for the purpose of installing a solar power generation system. The transaction is with its parent company, China Steel, covering 27,500 square meters at a monthly rent of approximately NT$500,000. The total value of the right-of-use asset is approximately NT$28.55 million, with a lease term from December 117 to November 122.

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