Xinyi Announces Subsidiary Beiguan Leisure Farm Co., Ltd. Acquires Real Estate Usage Rights from Related Party
Xinyi announced that its subsidiary, Beiguan Leisure Farm Co., Ltd., has acquired the usage rights for real estate (land lease) from its related party, Cheng Jing Enterprise Co., Ltd. The leased land is located in Toucheng Township, Yilan County, Taiwan.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 09:18 (1h 17m after Collected)
1. Name and nature of the target object (e.g., located in Taichung City North District XX Section XX Small Section Land):
Located in Toucheng Township, Yilan County, Beiguan Section, etc.
2. Date of occurrence: April 30, 2026 ~ April 30, 2026
3. Date of board approval: April 30, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction units (e.g., XX square meters, equivalent to XX ping), price per unit, and total transaction amount:
Lease area: 127,066.04 square meters (equivalent to approximately 38,437.46 pings).
Lease term and rent (New Taiwan Dollars, excluding tax, hereinafter the same):
Contract period is 5 years starting from May 1, 2025, monthly rent is NT$400,000 (equivalent to approximately NT$10.41 per ping), with a 5% rent increase every 2 years. Total transaction amount for real estate usage rights: NT$46,177,772.
6. Transaction counterparty and its relationship with the company (if the counterparty is a natural person and not an affiliate of the company, their name may be omitted):
Transaction counterparty: Cheng Jing Enterprise Co., Ltd.
Relationship with the company: Parent company that holds 100% of Beiguan Leisure Farm Co., Ltd.
7. If the counterparty is an affiliate, the reason for selecting the affiliate as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Reason for selecting affiliate as counterparty: Based on the overall operational plan for the farm.
Previous owner, relationship between previous owner, company, and counterparty, previous transfer date, and transfer amount: Not applicable
8. If the owner of the transaction target has been an affiliate of the company in the past five years, the affiliate's acquisition and disposal dates, price, and relationship with the company at the time of the transaction should also be announced:
Not applicable
9. Estimated profit (or loss) from disposal (not applicable for asset acquirers) (deferred items should be listed and explained):
Not applicable
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Rent payment terms:
Starting from May 1, 2025, monthly rent is NT$400,000 (before tax).
Rent will increase by 5% every 2 years, paid monthly.
Contract restrictions and other important agreements: None.
11. Method of decision for this transaction (e.g., bidding, comparison, or negotiation), reference basis for price determination, and decision-making unit:
Decision method: Negotiation and comparison based on market regional conditions.
Reference basis for price determination: Determined based on market conditions.
Decision-making unit: Sole corporate director of Beiguan Leisure Farm Co., Ltd.
12. Name of professional appraiser's firm or company and its appraisal amount:
Professional appraiser's firm: Hong Bang Real Estate Appraiser Joint Office;
Appraisal amount of usage rights: NT$46,236,211.
13. Name of professional appraiser:
Li Qing-Tang
14. Professional appraiser's practicing certificate number:
(108)北市估字第000278號
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 results, 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. Accountant's practicing certificate number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
For farm operation use
24. Opinions of directors who dissented from this transaction:
None
25. Is this transaction a related party transaction?
Yes
26. Date of approval by supervisor or audit committee:
April 30, 2026
27. Did this transaction involve acquiring real estate or its usage rights from a related party?
Yes
28. Price assessed in accordance with Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies":
Not applicable
29. If the price assessed in the preceding paragraph is lower than the transaction price, the price assessed in accordance with Article 17 of the same regulations:
Not applicable
30. Date of previous announcement of material information on the same matter:
Not applicable
31. Other explanatory matters:
None
Located in Toucheng Township, Yilan County, Beiguan Section, etc.
2. Date of occurrence: April 30, 2026 ~ April 30, 2026
3. Date of board approval: April 30, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction units (e.g., XX square meters, equivalent to XX ping), price per unit, and total transaction amount:
Lease area: 127,066.04 square meters (equivalent to approximately 38,437.46 pings).
Lease term and rent (New Taiwan Dollars, excluding tax, hereinafter the same):
Contract period is 5 years starting from May 1, 2025, monthly rent is NT$400,000 (equivalent to approximately NT$10.41 per ping), with a 5% rent increase every 2 years. Total transaction amount for real estate usage rights: NT$46,177,772.
6. Transaction counterparty and its relationship with the company (if the counterparty is a natural person and not an affiliate of the company, their name may be omitted):
Transaction counterparty: Cheng Jing Enterprise Co., Ltd.
Relationship with the company: Parent company that holds 100% of Beiguan Leisure Farm Co., Ltd.
7. If the counterparty is an affiliate, the reason for selecting the affiliate as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Reason for selecting affiliate as counterparty: Based on the overall operational plan for the farm.
Previous owner, relationship between previous owner, company, and counterparty, previous transfer date, and transfer amount: Not applicable
8. If the owner of the transaction target has been an affiliate of the company in the past five years, the affiliate's acquisition and disposal dates, price, and relationship with the company at the time of the transaction should also be announced:
Not applicable
9. Estimated profit (or loss) from disposal (not applicable for asset acquirers) (deferred items should be listed and explained):
Not applicable
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Rent payment terms:
Starting from May 1, 2025, monthly rent is NT$400,000 (before tax).
Rent will increase by 5% every 2 years, paid monthly.
Contract restrictions and other important agreements: None.
11. Method of decision for this transaction (e.g., bidding, comparison, or negotiation), reference basis for price determination, and decision-making unit:
Decision method: Negotiation and comparison based on market regional conditions.
Reference basis for price determination: Determined based on market conditions.
Decision-making unit: Sole corporate director of Beiguan Leisure Farm Co., Ltd.
12. Name of professional appraiser's firm or company and its appraisal amount:
Professional appraiser's firm: Hong Bang Real Estate Appraiser Joint Office;
Appraisal amount of usage rights: NT$46,236,211.
13. Name of professional appraiser:
Li Qing-Tang
14. Professional appraiser's practicing certificate number:
(108)北市估字第000278號
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 results, 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. Accountant's practicing certificate number:
Not applicable
22. Broker and brokerage fee:
Not applicable
23. Specific purpose or use of acquisition or disposal:
For farm operation use
24. Opinions of directors who dissented from this transaction:
None
25. Is this transaction a related party transaction?
Yes
26. Date of approval by supervisor or audit committee:
April 30, 2026
27. Did this transaction involve acquiring real estate or its usage rights from a related party?
Yes
28. Price assessed in accordance with Article 16 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies":
Not applicable
29. If the price assessed in the preceding paragraph is lower than the transaction price, the price assessed in accordance with Article 17 of the same regulations:
Not applicable
30. Date of previous announcement of material information on the same matter:
Not applicable
31. Other explanatory matters:
None