HIGHWEALTH CONSTRUCTION Business Summary

Highwealth Construction Corp (2542.TW) operates a vertically integrated real estate business model, generating revenue primarily through the development, construction, and sale of residential and commercial properties across Taiwan. The company’s operations are divided into three core segments: Developing, which identifies and manages new construction and rental opportunities; Constructing, which handles the physical building of projects; and a diversified Department Store and Hotel division that manages hospitality and catering services. Highwealth is a dominant force in the Taiwanese market, distinguished by its aggressive land acquisition strategy and high-volume residential project execution. It competes directly with major domestic developers such as Farglory Land Development, Ruentex Development, Cathay Real Estate Development, and Huaku Development, maintaining a top-tier position by targeting the mass-market residential sector and expanding into commercial leasing. The company is led by a seasoned executive team, with Yuan Bo Cao serving as Chairman and Huajun Fan as President and CEO. A pivotal figure in the firm’s history and current strategy is Group CEO and Director Zheng Qin-Tian, who is widely recognized as the driving force behind Highwealth’s rapid expansion since its incorporation in 1980. The leadership team is supported by a board that includes prominent industry veterans such as Director Xiuhui Zheng and Independent Director Tsai-Feng Hou. Highwealth’s institutional credibility is underscored by a robust shareholder base that includes major global and domestic investors such as The Vanguard Group, Norges Bank Investment Management, BlackRock, and Fubon Asset Management, reflecting its status as a cornerstone of the Taiwan Stock Exchange’s real estate sector.