【Dawushan】Announcement on the Execution Status of Commitments Made by the Company When It First Applied for Stock Listing
Dawushan Ranch Technology Co., Ltd. has reported on the execution status of commitments made during its initial application for stock listing. This details the information disclosure in the prospectus and the procedures for audit committee approval regarding related-party transactions for three years post-listing, aiming to enhance transparency and corporate governance.
📋 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 09:12 (1h 12m after Collected)
1. Date of occurrence of the event: 2026/05/07
2. Company name: Dawushan Ranch Technology Co., Ltd.
3. Relationship with the company (please enter 'the company' or 'subsidiary'): The company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: In accordance with Taiwan Stock Exchange Corporation's letter No. 1131801146 dated March 28, 2024, announcing the execution status of commitments made by the company when it first applied for stock listing, as of Q1 2026.
When the company first applied for listing, it made the following commitments as required by the Taiwan Stock Exchange Corporation:
(1) The following matters shall be disclosed in the special notes section of the prospectus:
1. The reasonableness of changes in performance over the past three years and up to the most recent period.
2. The reasons, necessity, rationality, operational risks, and countermeasures for procurement concentrated in the parent company and related parties.
3. Further explanation of the improvement measures for competition concerns with Chenghao Ranch, operated by Chairman Lin Feng-Chun.
4. The reasons and rationality for leasing Chenghao Ranch from the parent company, including the rights and obligations with the original ranch owner and subsequent handling methods.
(2) Within three years after listing, the following matters shall be handled for related-party transactions:
1. Incorporate related-party transactions into internal audit special projects and report to the audit committee.
2. Report quarterly related-party transaction amounts, ratios, conditions, and relevant information to the audit committee.
3. Related-party transaction contracts shall be approved or ratified by the audit committee.
6. Countermeasures:
(1) Has been disclosed in the special notes section of the prospectus for public offering and initial listing.
(2) The internal audit special report for Q1 2026 and the results of related-party transactions were reported to the audit committee on May 7, 2026, and related-party transaction contracts were approved or ratified.
7. Other matters that need to be specified (If the subject of the event or resolution is a public offering company or above, this material information also conforms to Article 7, Paragraph 9 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a material impact on shareholders' equity or securities prices): None
2. Company name: Dawushan Ranch Technology Co., Ltd.
3. Relationship with the company (please enter 'the company' or 'subsidiary'): The company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: In accordance with Taiwan Stock Exchange Corporation's letter No. 1131801146 dated March 28, 2024, announcing the execution status of commitments made by the company when it first applied for stock listing, as of Q1 2026.
When the company first applied for listing, it made the following commitments as required by the Taiwan Stock Exchange Corporation:
(1) The following matters shall be disclosed in the special notes section of the prospectus:
1. The reasonableness of changes in performance over the past three years and up to the most recent period.
2. The reasons, necessity, rationality, operational risks, and countermeasures for procurement concentrated in the parent company and related parties.
3. Further explanation of the improvement measures for competition concerns with Chenghao Ranch, operated by Chairman Lin Feng-Chun.
4. The reasons and rationality for leasing Chenghao Ranch from the parent company, including the rights and obligations with the original ranch owner and subsequent handling methods.
(2) Within three years after listing, the following matters shall be handled for related-party transactions:
1. Incorporate related-party transactions into internal audit special projects and report to the audit committee.
2. Report quarterly related-party transaction amounts, ratios, conditions, and relevant information to the audit committee.
3. Related-party transaction contracts shall be approved or ratified by the audit committee.
6. Countermeasures:
(1) Has been disclosed in the special notes section of the prospectus for public offering and initial listing.
(2) The internal audit special report for Q1 2026 and the results of related-party transactions were reported to the audit committee on May 7, 2026, and related-party transaction contracts were approved or ratified.
7. Other matters that need to be specified (If the subject of the event or resolution is a public offering company or above, this material information also conforms to Article 7, Paragraph 9 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a material impact on shareholders' equity or securities prices): None