DA-CIN Business Summary

Da-Cin Construction Co., Ltd. (2535.TW) is a premier Taiwanese general contractor that generates revenue through a diversified portfolio of civil engineering, high-tech industrial construction, and real estate development. The company’s operations are bifurcated into two core segments: the Engineering Department, which executes complex public works including MRT systems, tunnels, and specialized semiconductor wafer fabs; and the Construction Department, which focuses on high-rise residential, commercial office, and luxury hospitality projects. Da-Cin distinguishes itself through an integrated "total solution" approach, utilizing advanced Building Information Modeling (BIM) and green building technologies to secure high-margin industrial contracts. Within the Taiwanese market, it competes directly with Continental Holdings (3703.TW), BES Engineering (2515.TW), CTCI Corporation (9933.TW), and Ruentex Development (9945.TW). Da-Cin maintains a top-tier position by specializing in the high-tech sector, where its technical proficiency in cleanroom environments and seismic-resistant structures provides a competitive moat against traditional civil contractors. Established in 1967, Da-Cin is currently led by Chairman Wang Jen-Jeng and CEO/President Tien-Ho Hsieh, the latter of whom was appointed in January 2025 to spearhead the firm’s digital transformation and regional expansion. Chairman Wang represents the founding family’s legacy, providing long-term strategic continuity, while CEO Hsieh brings a deep technical pedigree in harbor and river engineering to oversee the company’s growing footprint in Vietnam and Singapore. The executive team is supported by a board of directors that balances family-led governance with independent expertise in project finance and public procurement. Notable institutional investors, including Fubon Life and various domestic securities firms, anchor the company’s capital structure, reflecting its status as a stable, dividend-yielding pillar of the Taiwan Stock Exchange’s industrial sector.