Chun Yu Announces Early Termination of Right-of-Use Asset Lease Agreement
Chun Yu Co. announced the early termination of a right-of-use asset lease agreement, originally scheduled from March 1, 2025, to February 29, 2028, to May 31, 2026, based on overall operational planning. This will result in the derecognition of approximately TWD 101.383 million in net right-of-use assets and an estimated disposal gain of TWD 2.54 million.
📋 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 08:26 (25 min after Collected)
1. Original announcement date: 2025/01/02
2. Brief description of original announced content: The right-of-use assets, including land, factory buildings, machinery, and miscellaneous equipment, at No. 297, 299, 311 Yulin Road, Qiaotou District, Kaohsiung City, were acquired from related party Kao Yang Precision Industry Co., Ltd. The estimated lease period was from 2025/03/01 to 2028/02/29, with total rent of TWD 184,190 thousand (excluding tax) and right-of-use asset amount of approximately TWD 173,799 thousand.
3. Reason for change and main content: Based on overall operational planning, the lease agreement is terminated early. The revised lease period is from 2025/03/01 to 2026/05/31. The net book value of right-of-use assets, approximately TWD 101,383 thousand, will be derecognized, and an estimated disposal gain of approximately TWD 2,540 thousand is expected.
4. Impact of the change on the company's financial operations: None
5. Other matters to be specified: None
2. Brief description of original announced content: The right-of-use assets, including land, factory buildings, machinery, and miscellaneous equipment, at No. 297, 299, 311 Yulin Road, Qiaotou District, Kaohsiung City, were acquired from related party Kao Yang Precision Industry Co., Ltd. The estimated lease period was from 2025/03/01 to 2028/02/29, with total rent of TWD 184,190 thousand (excluding tax) and right-of-use asset amount of approximately TWD 173,799 thousand.
3. Reason for change and main content: Based on overall operational planning, the lease agreement is terminated early. The revised lease period is from 2025/03/01 to 2026/05/31. The net book value of right-of-use assets, approximately TWD 101,383 thousand, will be derecognized, and an estimated disposal gain of approximately TWD 2,540 thousand is expected.
4. Impact of the change on the company's financial operations: None
5. Other matters to be specified: None