[Long Ming Green Energy] Supplementary announcement regarding the settlement contract with Hong Sheng Construction Co., Ltd. at the Arbitration Association of the Republic of China as requested by the stock exchange

Key facts

  • [Long Ming Green Energy] Supplementary announcement regarding the settlement contract with Hong Sheng Construction Co., Ltd. at the Arbitration Association of the Republic of China as requested by the stock exchange
  • Long Ming Green Energy Technology Engineering Co., Ltd. and Hong Sheng Construction Co., Ltd. have reached a settlement at the Arbitration Association of the Republic of China regarding a contract dispute related to the Taoyuan International Airport MRT system project. Long Ming will pay NT$55 million to retrieve two performance guarantee bank drafts totaling NT$194.94 million.
  • Source: PR Times
  • Date: June 5, 2026

Direct answer

Long Ming Green Energy Technology Engineering Co., Ltd. and Hong Sheng Construction Co., Ltd. have reached a settlement at the Arbitration Association of the Republic of China regarding a contract dispute related to the Taoyuan International Airport MRT system project. Long Ming will pay NT$55 million to retrieve two performance guarantee bank drafts totaling NT$194.94 million.

Citation
[Long Ming Green Energy] Supplementary announcement regarding the settlement contract with Hong Sheng Construction Co., Ltd. at the Arbitration Association of the Republic of China as requested by the stock exchange (June 5, 2026), PR Times
Source
PR Times
Date
June 5, 2026
Long Ming Green Energy Technology Engineering Co., Ltd. and Hong Sheng Construction Co., Ltd. have reached a settlement at the Arbitration Association of the Republic of China regarding a contract dispute related to the Taoyuan International Airport MRT system project. Long Ming will pay NT$55 million to retrieve two performance guarantee bank drafts totaling NT$194.94 million.

📋 Article Processing Timeline

  • 📰 Published: June 5, 2026 at 09:00
  • 🔍 Collected: June 9, 2026 at 08:00 (95h 0m after Published)
  • 🤖 AI Analyzed: June 11, 2026 at 12:44 (52h 44m after Collected)
1. Parties to the legal event:
Long Ming Green Energy Technology Engineering Co., Ltd.
Hong Sheng Construction Co., Ltd.
2. Court name or disciplinary authority of the legal event: Arbitration Association of the Republic of China
3. Relevant document number of the legal event: 114 Zhong Sheng He Zi No. 063
4. Date of occurrence: 115/06/05
5. Origin (including subject of dispute):
The Company and Hong Sheng Construction Co., Ltd. each submitted arbitration applications to the Arbitration Association of the Republic of China on September 24, 2025, and December 12, 2025, respectively, in accordance with the contract for 'Electrical and mechanical engineering of civil and water environment works for A14 station of the Taoyuan International Airport MRT system.' The cases were accepted and consolidated.
6. Course of processing:
On June 4, 2026, the parties executed a settlement contract at the Arbitration Association of the Republic of China.
7. Impact on the company's financial and business operations and estimated impact amount: No material impact on the company's financial and business operations.
8. Remedial measures and improvement status:
Fulfill the relevant terms of the settlement contract, and before July 20, 2026, pay NT$55 million to retrieve two bank drafts for performance guarantees (total face value NT$194.94 million), then apply to the Taiwan Clearing House to cancel the dishonored check records.
9. Other matters to be stated (if the subject of the event or resolution is a publicly listed company, this material information also constitutes a matter having a material impact on shareholders' equity or securities prices under Article 7, Paragraph 2 of the Enforcement Rules of the Securities and Exchange Act): None

FAQ

Who are the parties to this settlement?

Long Ming Green Energy Technology Engineering Co., Ltd. and Hong Sheng Construction Co., Ltd.

What is the settlement amount?

Long Ming pays NT$55 million to retrieve drafts worth NT$194.94 million.

When was the settlement reached?

It was executed on June 4, 2026 at the Arbitration Association of the ROC.

What impact does this have on the company?

No material impact on financials or operations.

What is the next step?

By July 20, 2026, retrieve the drafts and cancel dishonored check records.