Announcement of the Board of Directors approved to
Taiwanese investment return action plan.
Date of events
2022/08/12
To which item it meets
paragraph 15
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/08/12
2.Content of the investment plan:
Our Eco-Packaging Plant Upgrades and increase biomass projects.
3.Projected monetary amount of the investment:NTD 3,537,000,000
4.Projected date of the investment:2022Q4 - 2025Q4
5.Source of capital funds:Longchen P&P owned funds or bank financing
6.Specific purpose:
Responds to the Ministry of Economic Affairs's promotion of "Welcome
Taiwanese investment return action plan 3.0" and Taiwan's Pathway to
Net-Zero Emissions in 2050. Increase investment in Taiwan and implement
the Longchen P&P's carbon reduction goals and corporate responsibility
for environmental protection and sustainable operation.
7.Any other matters that need to be specified:None.
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Long Chen Paper Co. Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 06:18:02 UTC.
Longchen Paper & Packaging Co., Ltd., formerly Long Chen Paper Co., Ltd., is a Taiwan-based company principally engaged in the manufacture and sale of paper products. The Companyâs products include industrial paper and corrugated paper container products. Its industrial paper includes kraft paperboards and corrugated medium paper. Its corrugated paper products include corrugated paperboards and corrugated paper boxes. The Company is also involved in the provision of recycling of energy and resources services, including the purchasing and sale of waste paper, the treatment of public sewage, the cogeneration of steam and electricity, the turnkey contracting of incinerators, car testing and commission operation businesses. The Company operates businesses in Taiwan, China, Japan and Germany.
LONGCHEN PAPER & PACKAGING CO., LTD. 