Sakura Development Co.,Ltd's board of directors has resolved to sign the new construction contracts with subsidiary Ying Hsiung Construction Co. Ltd. The Company's board of directors has resolved to sign the following new construction contracts with subsidiary Ying Hsiung Construction Co. Ltd. (1)Fengxing Section, Zhongli District, Taoyuan City: TWD 173,694,161(VAT inclusive) (2)Xinronghe Section- Phase 3, Wuri District, Taichung City: TWD 362,226,885(VAT inclusive) (3)Zhongshe Section, Longjing District, Taichung City: TWD 222,002,403(VAT inclusive).