Rich Development Co.,Ltd. announced that the company's board of directors approved the land joint construction project in Xizhi District, New Taipei City, covering an area of approximately 1,035.66 ping. Joint construction distribution ratio: Landlord 50%; Builder 50% The company's estimated participation investment amount: about TWD 2,060,000,000. Name of the professional appraisal firm or company and its appraisal opinion: professional appraiser firm GZONETAI Real Estate AppRAISAL FIRM Valuation result: The joint construction ratio is 50.17% for the landlord; 49.83% for the builder.