DELPHA CONSTRUCTION Business Summary

Delpha Construction Ltd (2530.TW) operates a diversified real estate development and engineering business model, generating revenue primarily through the sale and leasing of residential and commercial properties. The company’s operations are organized into three core segments: the Construction Department, which handles large-scale contracting and public housing projects; the Movable and Immovable Property Investment and Development Department, focused on metropolitan residential development and district planning; and the Building Department, which manages civil engineering, interior decoration, and real estate agency services. Delpha maintains a significant market presence in Taiwan’s "Six Cities," specifically targeting the rail economy and urban renewal projects along the airport MRT lines. It competes directly with major Taiwanese developers such as Chong Hong Construction (5534.TW), Radium Life Tech (2547.TW), and YeaShin International Development (5213.TW), positioning itself as a premium urban developer specializing in intelligent office buildings and high-quality residential communities. Originally founded in 1960 as the Taiwan Shoelace Factory Corp. by Lin Deng, former president of the Goldsun Group, the company transitioned into real estate in the late 1970s and listed on the Taiwan Stock Exchange in 1995. The current leadership team is headed by Chairman Cheng Ssu-Tsung, who brings extensive financial expertise from his roles at China Bills Finance Corporation and COTA Commercial Bank. He is supported by General Manager (CEO) Huang Jyh-Jen, an engineering specialist with a background in water resources and environmental engineering from Tamkang University, and Vice President Lee Jun-Xian, formerly of Huyi Construction. The company’s board includes notable figures such as Director Yan Ming-Hung, a finance veteran from SBG Wealth Management, and independent director Chen Shih-Yang. Delpha’s institutional backing includes significant positions held by global investment firms such as The Vanguard Group, Norges Bank Investment Management, and Dimensional Fund Advisors.