ASCENT — Investor Presentation 2025

Mar 26, 2025

ASCENT DEVELOPMENT CO ., LTD.(1439TW)?(Original Name: Chuwa Wool Industry Co., (Taiwan) LTD.)? ?Investor Conference?2025.03.27

Disclaimer

This presentation contains information which is estimated based on the current status of Ascent Development Co., Ltd. and general economic conditions.

The information is subject to risks, uncertainties, and assumptions, some of which are beyond our control, and actual results may differ materially from this forward-looking information. Factors that could cause actual results to differ include, but are not limited to, increases in raw material costs, market demand, changes in various policies, regulations, financial and economic conditions, and other risks beyond the company's control.

The information provided in this presentation does not explicitly or implicitly express or guarantee its accuracy, completeness, or reliability. It also does not represent a comprehensive discussion of the company, industry conditions, or subsequent significant developments. The information reflect the company's views as of the date of this presentation, and the company does not guarantee the accuracy of this presentation should there be any changes or adjustments to these views in the future. The company bears no responsibility to update or revise the contents of this presentation.

This presentation and its contents may not be accessed or used by any third party without prior written permission from the company.

Table of Contents
Company Profile
History
Operation Overview
Financial Information
Sustainability
Future Plan

Notes:

Company Profile
Stock
code
Registered
Capital
Ho, Chia-Chi
Chairman
Liu, Hsien-Wen
President
Main
Business

Development Projects, progressing as schedule.
April The approval of construction permits for land investment and
development project.
November Joint Investment – Neihu Intercontinental Project Obtained
Occupancy Permit.

Industry Classification Modification
2023

Signed a joint investment and development agreement with a cooperative company
2022

Signed a joint investment and development agreement with a cooperative company
2021

Signed a joint investment and development agreement with a cooperative company
2020

Our History
2024
| July | The stock exchange announces that the company's industry classification has been changed from listed textile and fiber to listed building materials industry |
| --- | --- |
| August | Signed a joint investment and development agreement with a cooperative company to obtain “12 land parcels at Zhongyuan Section, Zhonghe District, New Taipei City”. |
| --- | --- |
| January | Signed a joint investment and development agreement with a cooperative company to obtain “19 land parcels at Zhongyi Section, Tucheng District, New Taipei City”. |
| --- | --- |
| July | Signed a joint investment and development agreement with a cooperative company to obtain “nine land parcels at Zhongxing Section, Sanchong District, New Taipei City”. |
| November | Signed a joint investment and development agreement with a cooperative company to obtain “four land parcels at Jiuzong Section, Neihu District, Taipei City”. |
| --- | --- |

Operation Overview
| Case | Location | Category | Land area acquired (pings) | Project Progress | Ratio of investments |
| --- | --- | --- | --- | --- | --- |
| Neihu Project | Taipei City | Commercial buildings | 2,127 | Building License for Use | ASCENT 10% |
| Sanchong Project | New Taipei City | Commercial buildings | 1,828 | Construction in progress | ASCENT 15% |
| Tucheng Project | New Taipei City | Commercial buildings | 3,695 | Building Permits Obtained This Year | ASCENT 10% |
| Zhonghe Project | New Taipei City | Commercial buildings | 1,675 | Construction in progress | ASCENT 40% Henlin 10% |
| Xindian Baoyuan | New Taipei City | Commercial buildings | 1,332 | Construction in progress | Henlin 20% |
| Xizhi Jiangbei | New Taipei City | Residential buildings | 6,203 | Building Permit Acquisition | Henlin 10% |
| Emerald Forest 1.2.3 | Tainan City | Residential buildings | 17,568 | Building License for Use | Henlin 10% |
| Emerald Forest 4 | Tainan City | Residential buildings | 5,070 | Building Use Permit to Be Obtained This Year | Henlin 10% |

Revenue Overview

Expressed in thousands of NTD
Cumulative revenue from January to February 2025 is around 8,461.
Cumulative revenue from March to December 2024 is around 79,935

Operating profit, non-operating revenue and expenses, and net profit after tax

Expressed in thousands of NTD

Earnings contribution for each recent quarter

Earnings per share (EPS) for the whole year in 2023 is approximately 2.00 NTD per share.
Earnings per share (EPS) of the half year in 2024 is approximately 1.74 NTD per share.
Unit: %/NTD

Chart

Category	EPS	Net Profit Margin
112Q4	0.6294782608695653	1.119072463768116
113Q1	0.54	1.506395173453997
113Q2	0.13	0.37574642522836577
113Q3	0.38	2.4811368029207532
113Q4	0.6885108695652173	3.2086578789694427

Committed to Sustainable Corporate Development
01

Sustainable Development Committee
Implement Honest Management

Regularly review the company's actual operations to comply with the 'Code of Integrity Management for Listed Companies'. There were no non-compliances this year
The BOD established the Sustainability Development Committee as the highest decision-making body for the company's sustainable development.

Sustainability

Sustainable Development Team

Greenhouse Gas Inventory
We established a cross-departmental Sustainable Development Team as the executing unit for sustainable development.
Establish a Greenhouse Gas Inventory Team to inventory and control the company's greenhouse gas emissions

Emphasize Risk Management
Intellectual Property Rights Management

Formulate a risk management policy, prioritize our company's risk control, and incorporate climate risk identification and response mechanisms
Formulate 'Intellectual Property Rights Management Measures', develop implementation plans according to these measures, and report to the Board of Directors at least once a year

Future Strategic Direction - Balanced Development of Demand/Product/Policy

Market Overview:
Opportunities:
Increased demand for industrial and commercial real estate.
The market is being supported by corporate buyers and owner-occupiers.
The development potential of the regional market.
Challenge:
Fluctuations in interest rates and financing conditions.
Construction Costs on the Rise.
Housing Price Correction and Market Cooldown.
Development Strategy:
We will carefully evaluate real estate investment and development projects.
Primarily target commercial real estate that can be quickly liquidated to reduce the turnover rate of unsold properties.
The primary focus will be on development models supported by national policies, such as urban renewal projects and the reconstruction of dangerous and old buildings.

Future Plan

Revenue aspect:
In the near term, joint investment cases are the main source of revenue.
Actively develop various plans for old and hazardous buildings and urban renewal.
Actively develop projects in cooperation with landowners to create profits.

Application and introduction of new technologies/new concepts:
Use big data analytics for precise market analysis.
Introduce advanced human resource and financial information systems to optimize corporate governance and operational efficiency.

Introduction of new design concepts:
Adjust product types according to demographic structure, design more thoughtful designs that meet the needs, concepts such as co-living for young and old, lead the trend of smart buildings and green buildings, making buildings smarter, more energy-efficient, and more livable.

Thank You
Q&A