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Radium (2547 TW) Holds 2024 Annual Shareholders Meeting
-Focusing on vision of “A Green Enterprise Determined to uphold Sustainability”
Radium (2547 TW) held its 2024 Annual Shareholders Meeting today, where the 2023 financial report was discussed. The company plans to distribute a cash dividend of NT$0.25 per share from the capital reserve.
Chairman Rong-Shian Lin stated that, in the face of challenges such as environmental sustainability, the overall economy, and geopolitical issues, Radium is having the vision of a " A Green Enterprise Determined to uphold Sustainability." This vision will accelerate the integration of sustainability concept into the group's construction business, circular economy, and operational business, aiming to maximize group profitability. Lin emphasized that the group's mission is "to deliver the upmost quality in the diversified arena and be the global benchmark for future enterprises.” The group aims for excellence in all business sectors and products, leveraging digital transformation to drive innovation and enhance operational performance, thereby achieving a greener, healthier, and more sustainable future.
Promoting Smart Green Buildings in Development Projects Across Taiwan
Radium Group's new development projects across Taiwan all adopt digital smart green building designs. These projects are equipped with automated energy management systems, integrating solar energy and water treatment systems to optimize energy usage and advance resilient urban development. The urban renewal project "RADIUM ONE" in Taipei's Da'an District was officially unveiled in May 2023 and is scheduled for completion by the end of 2026. This project will redevelop the original Qiao’an New Village's 16 buildings into a 24-story above-ground, 4-story underground SRC steel-frame seismic-resistant building, aiming to achieve five major building certifications: WELL Health-Safety, Golden Smart Building, Green Building, Low-Carbon Building, and Seismic-Resistant Building. With multi-layered insulation designs that block 60% of external heat penetration, along with natural lighting and aerial three-dimensional garden planning, the project aims to create healthy, comfortable, and sustainable ecological residences.
In Taichung, the Green Line joint development projects at Wenxin Chongde Station, Wenxin Yinghua Station, and Nantun Station are currently undergoing urban design review, with construction permits expected by 2025. Additionally, the construction of the new administrative building and library for the National Palace Museum started in November 2022 and is planned for completion in the second half of 2024.
Senior Living and Elderly Caring Business
According to the National Development Council's estimates, by 2025, the population aged 65 and above in Taiwan will exceed 20%, marking its entry into a super-aged society. It is projected that by 2050, the elderly population will account for approximately 36.6% of the total population. Recognizing the elderly economy as a significant market, Radium has invested in elderly residential communities, senior care services, and senior living technology through its "Silver Life Project." The flagship project, GENESIS–Sanzhi phases 1 and 2 are positioned as inheritable private elderly residences, offering 652 saleable units and 164 rental senior residences, with a dedicated elderly operation center providing services from nurses, nutritionists, and social workers, as well as courses of golden-aged academy to meet diverse elderly needs and create a high-quality, healthy living environment. The community employs an ultra-wideband (UWB) positioning system combined with a senior care app and identification chips to precisely locate residents in emergencies.
Water Recycling and Circular Economy Business
Radium Group’s stable income-generating circular economy business, Subsidiary Rih-Ding Water, is managing a 35-year BOT Project for Taoyuan City Taoyuan District Sewerage System. By end of 2023, the said BOT has connected more than 142,000 households in Taoyuan, and reached over 144,000 households in 1Q2024. According to statistics of the Taoyuan Water Resources Bureau, the Taoyuan households connecting to public sewage system has reached 233,000 by 2023, with a public sewage connection rate of 25.8%. Along with that, Rih-Ding Water has contributed 61.2% to the Taoyuan’s public sewage system connections.
As Taiwan government has established a plan for the construction of reclaimed water systems across Taiwan by 2026, aiming to provide 334,000 tons of reclaimed water per day using effluent from public sewage treatment plants. Leveraging the high-quality effluent treated by Rih-Ding Water, the reclaimed water BTO project in Taoyuan managed by Subsidiary Bao-Ding Reclaimed Water, has commenced in November 2022. By the first quarter of 2024, over 6,700 meters of pipeline connecting to CPC’s Taoyuan refinery had been constructed, with a completion rate of 94.9%, and over 14,600 meters of pipeline to Guanyin Industrial Park had been constructed, with a completion rate of 76.3%. It is expected that by mid-2025, 40,000 tons of reclaimed water will be supplied daily to CPC’s Taoyuan refinery and Taoyuan industrial enterprises, significantly reducing the industrial sector’s reliance on natural water resources and promoting the sustainable use of industrial water.
日鼎水務 啟動桃園污水下水道系統BOT案三期擴廠計畫
Rih-Ding Water Enterprise Co., Ltd launches the 3rd phase of Taoyuan sewerage BOT project
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