What is the type of this contract?

It is a land lease and commissioned construction agreement.

What is the contract value?

The total amount is NT$1.98 billion (excluding tax), fully funded by CTCI.

What is the relationship with the counterparty?

The counterparty is CTCI Engineering, the parent company of Yuandin.

Was audit committee approval required?

No, as Yuandin is a 100% subsidiary without a supervisor, board approval suffices.

CTCI Announces Subsidiary Yuandin Water Resources Enters into Engineering Service Agreement with Related Party (Correction of Related Company Name)

Q: What is the purpose of this project?

To carry out EPC works for the Phase II expansion of the Southern Taiwan Science Park Reclaimed Water Plant.

Published Aug 18, 2026 9:00 AM ・ Updated Aug 20, 2026 5:20 PM ・ 5 min read ・ Source: PR Times

Yuandin Water Resources Co., Ltd., a wholly-owned subsidiary of CTCI Corporation, has entered into an engineering service contract with its parent company, CTCI, for the design, procurement, and construction (EPC) of the Phase II expansion of the Southern Taiwan Science Park Reclaimed Water Plant. The contract value is approximately NT$1.98 billion (excluding tax), with completion scheduled by June 30, 2028.

1. Type of Contract: Land Lease and Commissioned Construction

2. Date of Occurrence: August 18, 2026 ~ August 18, 2026

3. Board Approval Date: August 18, 2026

4. Other Approval Dates: Not applicable

5. Counterparty and Relationship with the Company: CTCI Engineering Corporation Relationship with the Company: Parent company of the Company

6. Main Contents of the Contract (including total contract amount, estimated investment amount, contract period, restrictive clauses, and other important provisions): 1. Total Contract Amount: NT$1,980,324,963 (excluding tax) 2. Estimated Investment Amount: NT$1,980,324,963 (excluding tax) 3. Contract Period: August 18, 2026 to June 30, 2028 4. Restrictive Clauses: None 5. Other Important Provisions: None

7. Name of Professional Appraisal Firm or Company and Appraisal Results: Not applicable

8. Name of Real Estate Appraiser: Not applicable

9. License Number of Real Estate Appraiser: Not applicable

10. Specific Purpose of Acquisition: To carry out the tendering process for the design, procurement, and construction (EPC) works of the 'Phase II Expansion and Construction Operation Project of the Southern Taiwan Science Park Reclaimed Water Plant'

11. Dissenting Director's Opinion on This Transaction: None

12. Whether This Transaction is a Related-Party Transaction: Yes

13. Date of Supervisor's Acknowledgment or Audit Committee's Approval: Not applicable. Yuandin Water Resources Co., Ltd. is a 100% wholly-owned subsidiary of the Company and qualifies as a closely-held corporation under Article 128-1 of the Company Act, which allows the company to operate without a supervisor as stipulated in its articles of incorporation.

14. Whether the Appraisal Report is at a Limited Price, Specific Price, or Special Price: No or Not applicable

15. Whether the Appraisal Report Has Not Yet Been Obtained: No or Not applicable

16. Reason for Not Yet Obtaining the Appraisal Report: Not applicable

17. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable

18. Name of Accounting Firm: Not applicable

19. Name of Auditor: Not applicable

20. License Number of Auditor: Not applicable

21. Previous Date of Material Information Disclosure on the Same Event: August 18, 2026

22. Other Disclosures: None

FACT BOX

Source: PR Times
Category: News

CTCI Announces Subsidiary Yuandin Water Resources Enters into Engineering Service Agreement with Related Party (Correction of Related Company Name)

⚡ Key Points

FACT BOX

Editorial & Verification Standards

FAQ

Cite this article — HOW TO CITE

AI CRAWLER ACTIVITY