Announcement on behalf of subsidiary DSC for
acquisition of real property
Date of events
2022/06/13
To which item it meets
paragraph 20
Statement
1.Type of contract:engaging others to build on rented land
2.Date of occurrence of the event:2022/06/13
3.Counterparty to the contract and relationship with the Company:
CEC; Group corporate relations
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment, and start
and end dates of the contract), restrictive covenants, and other important
terms and conditions:
Building reclaimed water plant; around NT$ 982 million
5.Name of the professional appraisal firm or company and its
appraisal opinion:NA
6.Name of the real property appraiser:NA
7.Practice certificate number of the real property appraiser:NA
8.Concrete purpose of the acquisition:
In addition to developing diversified water sources and lowering the risks
of water shortage, this case is to use the water discharged from the Futian
wastewater treatment plant for the Company's operation, which can leave the
increasingly precious and scarce tap water to the public for household use,
thus achieving corporate social responsibility.
9.Any dissenting opinions of directors to the present transaction:None
10.Whether the counterparty of the current transaction is a related party:Yes
11.Date of the board of directors resolution:2022/06/13
12.Date of ratification by supervisors or approval by
the audit committee:NA
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Any other matters that need to be specified:None
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CSC - China Steel Corporation published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 08:12:10 UTC.
China Steel Corp is a Taiwan-based company principally engaged in the manufacture and sale of steel products. The Company operates through two segments. The Steel segment is mainly engaged in the manufacture and sales of steel products. Its products include steel plates, steel bars, wire rods, hot rolled steel products, cold rolled steel products, galvanized steel and electromagnetic steel sheets, among others. Others segment is engaged in the production and sale of coal chemistry and special-purpose chemicals, environmental protection, electromechanical engineering and agency operation business, production and sale of blast furnace powder and blast furnace cement, manufacture and sale of nickel products and other non-ferrous metals, design and sale of information hardware and software, as well as development, leasing and sale of real estate. The Company operates businesses in Taiwan, Malaysia, China, Vietnam and India.
CHINA STEEL CORPORATION 
