RICH Business Summary

Rich Development Co., Ltd. (5512.TWO) is a diversified Taiwanese enterprise primarily engaged in real estate development, environmental infrastructure, and hospitality. The company generates revenue through the sale and leasing of residential and commercial properties, the construction and long-term operation of sewage treatment plants, and the management of resort hotels and travel services. Its business is organized into three core segments: the Construction Sector, which focuses on public housing and commercial projects; the Environmental Construction and Sewage Treatment Sector, which handles government-commissioned wastewater projects; and the Tourist Hotel Department. In the competitive landscape, Rich Development operates alongside major peers such as ReaLy Development & Construction Corp. (2596.TWO), Sweeten Real Estate Development Co., Ltd. (5525.TW), and Prince Housing & Development Corp. (2511.TW), distinguishing itself through a strategic pivot toward sustainable environmental engineering and renewable energy integration to offset the cyclicality of the real estate market. Founded in 1992 and headquartered in Taipei, the company is currently led by Chairman Liu Kuo, Su-Jen and General Manager (CEO) Chi-Kang Kuo, who has overseen the firm's strategic expansion into energy storage and water treatment since 2018. The leadership team and board of directors maintain a strong founding-family presence, featuring key members such as Shu-Chen Kuo, Chi-An Kuo, and Ke-Zhong Kuo. The board also includes independent directors such as Xinlin Wu and Jun-Liang Lin, ensuring corporate governance standards as the company scales its environmental and renewable energy portfolios. As of March 2026, the executive team continues to focus on integrating energy application services and aerial cable car operations into its broader infrastructure and tourism development strategy.