Juhong Plans to List on Innovation Board in Late May, Estimates High Double-Digit Revenue Growth This Year
Juhong, a solar power plant company, is expected to list on the innovation board in late May with an estimated offering price of NT$26 per share. The company achieved NT$242 million in revenue in Q1 this year, a 116.02% year-on-year increase, and Chairman Chou Heng-hao expects high double-digit revenue growth for the full year, driven by strong EPC orders and Southeast Asian expansion.
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- 📰 Published: April 27, 2026 at 17:09
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Central News Agency
(Central News Agency reporter Chang Chien-chung, Taipei, 27th) Juhong, a solar power plant company, is expected to list on the innovation board in late May, with a tentative offering price of NT$26 per share. Its Q1 revenue this year reached NT$242 million, a year-on-year increase of 116.02%. Chairman Chou Heng-hao stated that this year's total revenue is expected to grow by a high double-digit percentage.
Juhong held a media exchange meeting today. General Manager Chou Hsiao-yen said that Juhong was established in April 1998, with solar energy Engineering, Procurement, and Construction (EPC) services accounting for the majority of its business, contributing 85% of revenue. Energy storage engineering services account for about 8% of revenue, and operation and maintenance services account for about 2%.
Juhong's revenue in 2025 was NT$1.23 billion, a 33% year-on-year increase, with net profit attributable to the parent company of NT$102 million and earnings per share of NT$1.54. In Q1 2026, revenue was NT$242 million, a year-on-year increase of 116.02%.
Chou Heng-hao stated that Juhong only incurred an operating loss in 2024 over the past decade, maintaining profitability in all other years, mainly benefiting from stable customer sources. In addition, holding a 15% stake in Daya Green Energy can inject stable profits.
Chou Heng-hao pointed out that the current EPC order backlog exceeds NT$7.6 billion, including the Ministry of Foreign Affairs' Palau project and the Hsuehchia booster station. This year's revenue is expected to grow by a high double-digit percentage. As early EPC projects gradually enter the fee-based warranty period, operation and maintenance services are expected to inject growth momentum into operations.
In addition to the Taiwanese market, Chou Heng-hao said that Juhong will expand into the Southeast Asian market. It established a Vietnamese subsidiary in April this year, initially focusing on rooftop projects for Taiwanese companies' factories in Vietnam, with a scale of about 6MW to 7MW, and is currently in discussions with two clients. (Edited by Lin Chia-hsien) 1150427
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(Central News Agency reporter Chang Chien-chung, Taipei, 27th) Juhong, a solar power plant company, is expected to list on the innovation board in late May, with a tentative offering price of NT$26 per share. Its Q1 revenue this year reached NT$242 million, a year-on-year increase of 116.02%. Chairman Chou Heng-hao stated that this year's total revenue is expected to grow by a high double-digit percentage.
Juhong held a media exchange meeting today. General Manager Chou Hsiao-yen said that Juhong was established in April 1998, with solar energy Engineering, Procurement, and Construction (EPC) services accounting for the majority of its business, contributing 85% of revenue. Energy storage engineering services account for about 8% of revenue, and operation and maintenance services account for about 2%.
Juhong's revenue in 2025 was NT$1.23 billion, a 33% year-on-year increase, with net profit attributable to the parent company of NT$102 million and earnings per share of NT$1.54. In Q1 2026, revenue was NT$242 million, a year-on-year increase of 116.02%.
Chou Heng-hao stated that Juhong only incurred an operating loss in 2024 over the past decade, maintaining profitability in all other years, mainly benefiting from stable customer sources. In addition, holding a 15% stake in Daya Green Energy can inject stable profits.
Chou Heng-hao pointed out that the current EPC order backlog exceeds NT$7.6 billion, including the Ministry of Foreign Affairs' Palau project and the Hsuehchia booster station. This year's revenue is expected to grow by a high double-digit percentage. As early EPC projects gradually enter the fee-based warranty period, operation and maintenance services are expected to inject growth momentum into operations.
In addition to the Taiwanese market, Chou Heng-hao said that Juhong will expand into the Southeast Asian market. It established a Vietnamese subsidiary in April this year, initially focusing on rooftop projects for Taiwanese companies' factories in Vietnam, with a scale of about 6MW to 7MW, and is currently in discussions with two clients. (Edited by Lin Chia-hsien) 1150427
Choose to stand with facts, every sponsorship you make is a force for protecting press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.