{"id":17,"date":"2020-04-05T19:14:55","date_gmt":"2020-04-05T11:14:55","guid":{"rendered":"http:\/\/huakai.com.tw\/?page_id=17"},"modified":"2025-01-23T16:47:06","modified_gmt":"2025-01-23T08:47:06","slug":"%e8%87%aa%e5%8b%95%e8%8d%89%e7%a8%bf-2","status":"publish","type":"page","link":"https:\/\/www.huakai.com.tw\/en\/%e8%87%aa%e5%8b%95%e8%8d%89%e7%a8%bf-2\/","title":{"rendered":"Company History"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ custom_padding=”0|0px|0|0px|false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_5,3_5″ _builder_version=”4.16″ custom_padding=”0|0px|36px|0px|false|false” global_colors_info=”{}”][et_pb_column type=”2_5″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_gallery gallery_ids=”506″ fullwidth=”on” _builder_version=”4.16″ title_font=”||||||||” pagination_font=”||||||||” auto=”on” auto_speed=”5000″ global_colors_info=”{}”][\/et_pb_gallery][et_pb_text _builder_version=”4.16″ header_font=”||||||||” header_2_font=”||||||||” header_2_text_color=”#000000″ global_colors_info=”{}”]<\/p>\n

HUA YU LIEN<\/strong><\/span><\/h2>\n

Chair man : ERIC LU<\/strong><\/span><\/h2>\n

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<\/strong><\/h4>\n

<\/strong><\/h4>\n

HU YU LIEN :<\/strong><\/h4>\n
    \n
  1. The Company was incorporated by the Chairman Mr. Su, Tien-Tsai in January 1967, with \na paid-in capital of NT$4,000,000.<\/li>\n
  2. In 1970, the Company invested NT$36 million to set up a cotton spinning mill with 10,400 \nspindles and a textile mill with 200 looms in Yangmei Township, Taoyuan County.<\/li>\n
  3. During 1972 and 1973, the capital was increased to NT$50 million, the spindles were \nincreased to 22,000 in the cotton mill, and the looms were increased to 400 in the textile \nmill.<\/li>\n
  4. From 1974 to 1978, in order to expand the operation scale, the capital was increased \nseveral times to NT$200 million. The equipment was expanded to 44,000 ring spindles, \n1,000 air spindles, and 550 looms.<\/li>\n
  5. In 1981, the capital was increased several times to NT$300 million and two phases of \nreplacement and update programs were promoted to expand the equipment to 54,000 \nspindles.<\/li>\n
  6. In 1987, the capital was increased to NT$500 million. The original traditional textile mill \nwas upgraded to an automated shuttle-free textile factory and 220 air-jet weaving machines \nwere introduced.<\/li>\n
  7. In 1988, the Company's shares are publicly traded on the market. In the same year, in order \nto improve production and quality, the Company built a second spinning plant and \npurchased 40,000 new automated spinning machines and equipment. The whole \ncompany\u2019s spindles were increased to 100,000 and the capital was increased to NT$750 \nmillion.<\/li>\n
  8. In 1989, in order to improve the financial structure and purchase land in Tucheng District \nfor the construction of commercial buildings and residential buildings, the capital was \nincreased to NT$1.2 billion, which enabled the Company to diversify its operations.<\/li>\n
  9. In 1990, the capital was increased to NT$1.68 billion to purchase land for construction and \nto invest in financial business.<\/li>\n
  10. In 1995, the capital increased by NT$720 million in cash to NT$2.4 billion to expand into \nthe entertainment business.<\/li>\n
  11. In 1996, the capital was further increased to NT$2.64 billion to build a large shopping and \nentertainment center.<\/li>\n
  12. In May 1997, the Company entered the department store and entertainment business with \nthe opening of Shopping and Entertainment Center A.<\/li>\n
  13. In 1997, the capital was increased to NT$2,904 million.<\/li>\n
  14. In 1998, the capital was increased by capital surplus and the paid-in capital was \nNT$3,194.4 million after the capital increase.<\/li>\n
  15. In 1999, the Company purchased land for construction in Shilin District, Taipei City to \nbuild residential and office buildings.<\/li>\n
  16. In 2000, the construction project of Zangfeng in Shilin District was commenced.<\/li>\n
  17. In 2001, the Company\u2019s capital was reduced due to the buyback of treasury stock, and the \npaid-in capital was NT$3 billion after the reduction.<\/li>\n
  18. In 2002, the construction project of Zangfeng in Shilin District was completed.<\/li>\n
  19. In 2003, the capital was increased by capital surplus and the paid-in capital was NT$3.3 \nbillion after the capital increase.<\/li>\n
  20. In 2005 and 2006, the capital was reduced by the buyback of the Company\u2019s shares and \nthe paid-in capital was NT$3.07 billion after the capital reduction.<\/li>\n
  21. In 2007, the capital was increased by capital surplus and the paid-in capital was NT$3,377 \nmillion after the capital increase.<\/li>\n
  22. In 2008, the Company bought back its shares, and in 2009, it underwent a capital reduction, \nafter which its paid-in capital amounted to NT$3.3 billion.<\/li>\n
  23. In 2011, the capital was increased by retained earnings and the paid-in capital was \nNT$3,306.19 million after the capital increase.<\/li>\n
  24. In 2015, the capital was reduced by cash and the paid-in capital was NT$600 million after \nthe capital reduction.<\/li>\n
  25. . On October 23, 2012, the Corporate Director of the Company, Fu Kuan Investment Co., \nLtd., the Corporate Supervisor, Chien Ming Investment Co., Ltd., the majority shareholder, \nSheng Hui Co., Ltd., the Chairman, Su, Tien-Tsai, and the Representative of the Corporate \nSupervisor Chien Ming Investment Co., Ltd., Su, Chao-Hua, transferred their \n- 11 -\nshareholdings to the public acquirers (total 6, including Hong Zhong Investment Limited, \nGold King Investment Company Limited, Lu, Chao-Ting, Lu, Chao-Wen, Huang, TsuiHsun and Chang, Chin-Cheng). The Company\u2019s Corporate Director, Fu Kuan Investment \nCo., Ltd., and the Corporate Supervisor, Chien Ming Investment Co., Ltd., were dismissed \nfrom their posts as a result of the transfer of shares in excess of one-half of the shares held \nat the time of election.<\/li>\n
  26. On February 19, 2013, the Company held an extraordinary shareholders' meeting to elect \nnew directors and supervisors.<\/li>\n
  27. The Company was approved by the Ministry of Economic Affairs on June 18, 2013 to \nchange its name as \u201cHua Yu Lien Development Co., Ltd.\u201d. The Company\u2019s original \nabbreviation \u201cFu I\u201d was changed to \u201cHua Yu Lien\u201d.<\/li>\n
  28. Fu Jung Investment Co., Ltd., a subsidiary of the Company, was liquidated on August 31, \n2012 and was permitted by the Taiwan Taipei District Court on December 31, 2013.<\/li>\n
  29. At the end of 2013, the construction project of Star Moon Bay in Dashan Section, Tainan \nCity, was completed.<\/li>\n
  30. In April 2014, the construction project of Wen Hua Hui in Huafeng Section, Kaohsiung \nCity, was completed.<\/li>\n
  31. In May 2015, we invested in a 100% owned subsidiary, Hua Ching Construction Ltd<\/li>\n
  32. In July 2015, the construction project of LeMore in Fushan Section, Kaohsiung City, was \ncompleted<\/li>\n
  33. In 2015, the capital was increased by retained earnings and the paid-in capital was NT$690 \nmillion after the capital increase.<\/li>\n
  34. In November 2015, the construction project of H Park in Huafeng Section, Kaohsiung City, \nwas completed.<\/li>\n
  35. In April 2016, the construction project of Po Wen in Dafeng Section, Kaohsiung City, was \ncompleted.<\/li>\n
  36. In August 2016, the construction project of Hua Yueh in Huafeng Section, Kaohsiung City, \nwas completed.<\/li>\n
  37. In September 2015, the capital was increased by retained earnings and the paid-in capital \nwas NT$759 million after the capital increase.<\/li>\n
  38. In November 2017, the construction project of Palm Bay in Dashan Section, Tainan City, \nwas completed.<\/li>\n
  39. In January 2018, the construction project of Happiness JIA in Dashan Section, Tainan City, \nwas completed.<\/li>\n
  40. In August 2018, the construction project of Shu Lin in Huafeng Section, Kaohsiung City, \nwas completed.<\/li>\n
  41. In September 2018, the capital was increased by retained earnings and the paid-in capital \nwas NT$796.95 million after the capital increase.<\/li>\n
  42. In September 2019, the capital was increased by retained earnings and the paid-in capital \nwas NT$956.34 million after the capital increase.<\/li>\n
  43. In September 2019, the construction project of Sen Lin in Huafeng Section, Kaohsiung \nCity, was completed.<\/li>\n
  44. In January 2020, our first domestic guaranteed convertible bonds were issued.<\/li>\n
  45. In June 2020, the construction project of IN H in Dagang Section, Kaohsiung City, was \ncompleted.<\/li>\n
  46. In December 2020, our second domestic guaranteed convertible bonds were issued.<\/li>\n
  47. In April 2021, the construction project of E GO in Dashan Section, Tainan City, was \ncompleted.<\/li>\n
  48. In May 2021, the construction project of Maple Garden in Bagua Section, Kaohsiung City, \nwas completed.<\/li>\n
  49. In June 2021, our first domestic guaranteed ordinary corporate bonds were issued<\/li>\n
  50. On July 15, 2021, approved by the Ministry of Economic Affairs, the headquarters was \nmoved from \u201c14F., No. 22, Aiguo E. Rd., Zhongzheng Dist., Taipei City 100408, Taiwan \n(R.O.C.)\u201d to \u201c11F., No. 85, Wenlong Rd., Fengshan Dist., Kaohsiung City 830009, Taiwan \n(R.O.C.)\u201d<\/li>\n
  51. In May 2022, the construction project of I World in Guomao Section, Kaohsiung City, was \ncompleted.<\/li>\n
  52. In May 2022, the construction project of H TIME in BuHou Section, Kaohsiung City, was \ncompleted.<\/li>\n
  53. . In February 2023, Hua Ching Development Co., Ltd., a subsidiary of the Company, was \nestablished by entering into a joint venture with Mitsui & Co., (Taiwan), Ltd.<\/li>\n
  54. In September 2023, the Company issued its first domestic guaranteed ordinary corporate bonds of 2023.<\/li>\n
  55. In March 2024, the construction project of NexT21 in Guomao Section, Kaohsiung City, was \ncompleted.<\/li>\n
  56. In March 2024, the construction project of CASA in Dashan Section, Tainan City, was \ncompleted.<\/li>\n
  57. In August 2024, our third domestic guaranteed unsecured convertible bonds were issued.<\/li>\n
  58. In September 2024, the capital was increased by retained earnings and the paid-in capital \nwas NT$1,144.10 million after the capital increase.<\/li>\n<\/ol>\n

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