SAKURA DEVELOPMENT Business Summary

Sakura Development Co., Ltd. (2539.TW) is a leading Taiwanese real estate developer specializing in the development, sale, and leasing of multi-unit residential and commercial properties. The company’s revenue model is primarily transaction-based, generating significant capital through the sale of collective housing projects in high-growth regions such as Taichung, Taoyuan, and the Southern Taiwan Science Park, while maintaining a secondary stream of recurring income from property leasing and management. Its primary business segments are focused on residential construction, land development, and urban renewal projects tailored to middle-market demand. Sakura Development competes directly with Sun Yad Construction, Kuo Yang Construction, Hung Sheng Construction, and Hung Ching Development; it distinguishes itself through a high-turnover strategy and a dominant regional footprint in Central Taiwan, recently achieving record-high trailing twelve-month revenue exceeding NT$17 billion as of late 2025. The company is led by Chairman Chen Shin-Ying, who assumed the role in 2023 after serving as General Manager, and Manager Shu Zhen Shen, who oversees day-to-day operations. The executive team, including Vice President Hui-Ping Li and Principal Financial Officer Mei-Yin Tsai, leverages a deep pedigree in Taiwanese construction and land acquisition. Founded in 1976, the firm maintains a strategic affiliation with the broader Sakura Group (9911.TW), providing it with unique brand recognition and cross-industry synergies. The company’s institutional credibility is underscored by a stable shareholder base that includes major global asset managers such as The Vanguard Group and Dimensional Fund Advisors, alongside significant domestic holdings by Jin Rong Investment and Yuan Chi Investment.