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Asset Disposal

1904 Cheng Loong: Sale of Factory and Land Use Rights by Suzhou Subsidiary

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published May 22, 2026 6:31 AM ・ Updated Jun 14, 2026 12:07 AM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Cheng Loong (1904) announced that its subsidiary, Suzhou Cheng Loong Paper, will sell its factory and land use rights in Suzhou for 186 million RMB, expecting a profit of 135 million RMB.

Cheng Loong (1904) announced that its subsidiary, Suzhou Cheng Loong Paper, will sell its factory and land use rights in Suzhou for 186 million RMB, expecting a profit of 135 million RMB.

PRIMARY SOURCE Original source: https://openapi.twse.com.tw/v1/opendata/t187ap04_L#1904-1150522-2c18b8cd Distributor: PR Times
Published: May 22, 2026

Cheng Loong (1904) announced that its subsidiary, Suzhou Cheng Loong Paper Co., Ltd., has decided to sell its land use rights and factory located at No. 162 Taishan Road, Suzhou High-tech Zone. The total transaction amount is 186 million RMB, with an estimated disposal profit of 135.18 million RMB. The purpose of this transaction is to revitalize assets, strengthen capital, and improve the financial structure. The counterparty is Suzhou Jujie Special Materials Co., Ltd., which is not a related party. The transaction price was determined through negotiation based on a professional appraisal report.

FACT BOX

Source: PR Times
Category: Asset Disposal

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Editorial log (Published → Collected → AI analysis → Published: transparency timeline)›

Announced　May 22, 2026 6:31 AM — Distributor PR Times
Collected　May 22, 2026 6:31 AM
AI structured & analyzed　May 31, 2026 9:29 PM
Desk-reviewed & published　May 22, 2026 6:31 AM

FAQ

Why did Cheng Loong sell the Suzhou plant?

To optimize assets and improve financial structure.

What are the key facts in this article?

Cheng Loong (1904) announced that its subsidiary, Suzhou Cheng Loong Paper, will sell its factory and land use rights in Suzhou for 186 million RMB, expecting a profit of 135 million RMB.

Where is the primary source?

PR Times: https://openapi.twse.com.tw/v1/opendata/t187ap04_L#1904-1150522-2c18b8cd

Cite this article — HOW TO CITE

Washin AI News Desk“1904 Cheng Loong: Sale of Factory and Land Use Rights by Suzhou Subsidiary”AI News by Washin Village（和心村）, May 22, 2026. https://aeo.idaeo.ai/ai/openapi-twse-com-tw/en/news/2026-05-21-1904-%E6%AD%A3%E9%9A%86

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