Hua Hsuan Business Summary

Hua Hsuan Real Estate Co., Ltd. (2740.TWO), formerly known as Tien Tsung International, is a Taiwan-based enterprise currently undergoing a strategic pivot from the hospitality and catering sector to real estate development and property management. Historically recognized for its "Mr. Onion" restaurant chain, the company officially rebranded in January 2026 to reflect its integration into the Li Hsuan (立軒) group’s broader ecosystem. Revenue is increasingly generated through residential and commercial development projects, land acquisition, and leasing services, with a concentrated geographic focus on the Linkou District of New Taipei City. Within the TPEx-listed landscape, Hua Hsuan competes directly with other hospitality-to-real estate transitioners and mid-cap developers such as Chateau International Development (2722), Architectural Aesthetics Global Development (2724), and Nan Ren Hu Leisure Amusement (5905). The company currently occupies a niche position as a boutique developer leveraging the "Xuan-style aesthetics" brand to capture high-end residential demand in northern Taiwan. The leadership team is anchored by Chairman Ming-Hung Chen (陳銘鴻), a prominent figure in the Taiwanese construction industry and the founder of Li Hsuan Construction (6222). Under his direction, the company has shifted its capital allocation toward land rights and urban renewal projects. The executive management is led by General Manager and CEO Chao-Chuan (Paul) Chen, who oversees the operational transition and the integration of the legacy catering assets into the new real estate-centric model. A critical milestone in the company’s current capitalization was the February 2026 private placement, which saw affiliate Li Hsuan Construction acquire a significant stake (approximately 1.76 million shares), solidifying the institutional backing of the Li Hsuan group. The board is further supported by representatives from Yong Hsuan Development Investment, ensuring a leadership pedigree deeply rooted in regional property development and financial management.