GLTD Business Summary

Golden Long Teng Development Co., Ltd. (GLTD) operates as a prominent real estate developer and construction firm primarily focused on the Southern Taiwan market. The company generates revenue through the development, sale, and leasing of residential and commercial properties, as well as providing specialized building construction services. Its business is divided into two core segments: the Construction and Development Department, which drives the majority of top-line growth through property sales, and the Construction Department, which handles project execution and infrastructure. GLTD has strategically positioned itself to capitalize on the "semiconductor corridor" expansion in Kaohsiung, leveraging increased housing demand driven by TSMC’s regional investments. In the competitive landscape, GLTD contends with major Taiwanese developers such as King's Town Construction, Crowell Development, and Sakura Development, maintaining a competitive edge through its deep regional expertise and high sell-through rates in the North Kaohsiung district. GLTD is led by a stable, family-oriented management team with deep roots in Taiwan’s construction industry. The company is chaired by its founder, Huang Hsueh-teng, who also serves as the Chairman of the parent Tian Yu Group and was re-elected to his post in May 2025. The executive leadership includes General Manager Huang Jing-jia, who oversees daily operations and strategic project planning, and Vice President Chen Zong-can, who serves as the primary corporate spokesperson. The leadership team is recognized for successfully pivoting the company from its legacy as an integrated circuit designer (formerly AME, Inc.) into a pure-play real estate entity in 2016. Notable institutional backing is provided by Tian Yu Investment Development Co., Ltd., the company's largest shareholder, ensuring a unified strategic vision between the group's broader investment activities and GLTD’s urban development projects.