Clarification of mass media reporting on 2022/07/20.
Date of events
2022/07/20
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/07/20
2.Company name:Ruentex Development Co.,Ltd.
3.Relationship with the Company (please enter "the company itself" or
"subsidiaries"):The company itself.
4.Reciprocal shareholding percentage:N/A
5.Name of the reporting media:CredereMedia,Wealth and other mass media.
6.Content of the report:
【Ruentex Group was "dragged down" by Nanshan? Ruentex Development Co.,Ltd.
and Ruentex Industries Ltd.'s second quarter net worth per share pulled an
alert...】
The results predict that in the second quarter of this year,the net value of
PouChen is likely fall below the one hundred billion dollars and the net
value of Ruentex Development Co.,Ltd. is estimated only more than 10 billion
dollars left...
7.Cause of occurrence:Clarification of mass media reporting.
8.Countermeasures:
The content of the report is estimated by the media itself,not calculated by
the company.
The financial data of the second quarter will be announced in accordance with
the regulations after the settlement of the company is completed.
9.Any other matters that need to be specified:None.
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Disclaimer
Ruentex Development Co. Ltd. published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 05:33:06 UTC.
Ruentex Development Co Ltd is a Taiwan-based company mainly engaged in the construction business. The Company operates through five business segments. The Construction segment is engaged in the land development business, as well as the investment and construction of residential buildings, villas, office buildings and commercial buildings. The Commercial Real Estate segment is engaged in the leasing of commercial real estate. The Construction Materials segment is engaged in the trading of construction materials such as cement and others. The Volume Sales segment is engaged in the operation of department stores, the logistics business, as well as the retail of various groceries, clothing, electrical appliances, fresh products and others. The Company is also engaged in the operation of Other segment. The Company mainly operates in the Taiwan market.
RUENTEX DEVELOPMENT CO.,LTD. 
