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Radium's Q3 2024 Business Report: Advancing Sustainable Water Resources, Elderly Caring Housing, Smart Green Building Initiatives and Operating Business
Radium (2547 TW), a publicly listed company, held an online investor conference to present its key business progress for the third quarter of 2024. The focus was on water resource Regeneration, elderly caring housing development, promoting smart green buildings, and operating business.
Water Resource Regeneration: Supporting Sustainable Cycles and Expanding Reclaimed Water Supply
Radium subsidiary Bao-Ding Reclaimed Water has been advancing the Taoyuan Reclaimed Water BTO Project, with the first phase supplying 18,000 cubic meters of reclaimed water daily (CMD), aiming to increase to 40,000 CMD by 2025. Additionally, Radium’s subsidiary Rih-Ding Water has expanded its sewerage system to 148,000 households and plans to complete the third phase of its expansion by 2026, reaching a daily sewage treatment capacity of 150,000 CMD.
With the integration of AI-based smart water management and pipeline lifecycle warning systems, along with anaerobic digestion and waste heat sludge drying technologies, Radium aims to enhance reclaimed water source stability while achieving a 6% reduction in carbon emissions from the third-phase system. The overall water resource recycling system in Taoyuan represents a total investment of over TWD 14.5 billion, dedicated to building a comprehensive water resource recycling infrastructure.
Elderly Caring Housing: Expanding Age-Friendly Services to Meet Growing Demand
Radium silver life project, the Genesis-Sanzhi, sold out the initial 520 units and an additional 132 units, with only the operations center reserved. Phases 1 and 2 are scheduled to obtain usage permits in Q1 and Q4 of 2025, respectively. According to Ministry of the Interior data, the number of single-occupant households aged 65 and older in Taiwan has reached 572,000, reflecting an increasing demand for senior-friendly housing.
In alignment with the government’s goal for community-based intergenerational living, Radium introduced “Happy Life in Forest" health care houses at “Radium Perfect Life.”. This age-friendly housing complex provides membership services, including health monitoring and social activities, near medical and social welfare facilities. Designed with duo-diamond green building standards, it further promotes a locally integrated, senior-friendly lifestyle.
"Radium Perfect Life- A6 West District Community" won also in November “the 2024 New Taipei City Excellent Apartment Building Award- the High Distinction Award for Large Community,” and was commented as "committed to creating a livable environment that integrates environmental protection and sustainability, smart technology, and elderly care, and has achieved remarkable results in green buildings, community digitalization, care for seniors, and disaster prevention and safety. The overall performance is excellent and amazing."
Smart Green Buildings: High-Standard Construction and Social Housing Initiatives
Radium subsidiary Titan Development is leading the construction of the new National Palace Museum Administration Building and Library, with a bid amount of TWD 490 million. Scheduled for completion in Q4 2024, the buildings will meet the high-level cultural requirements and to obtain green building and smart building certifications. Additionally, Titan is spearheading the "Dan Jin Housing" social housing project with a winning bid of TWD 3.339 billion. The project includes a 14-story, 3-basement-level building, providing 620 social housing units in New Taipei City, of which 5% are barrier-free units. This project, expected to complete in 5.5 years, will be certified as a green building, smart building, and earthquake-resistant.
Smart Transportation and Asset Management: Green Transport Innovation and Efficiency Enhancement
Radium subsidiary Wan Da Tong is actively involved in asset management and transportation operations, achieving TWD 195 million in profits in Q3 2024. The TBS Smart Ticketing App has attracted over 380,000 members, with cumulative sales of over 1.58 million e-tickets, reducing carbon emissions by 3,103 kg. Through partnerships with government projects, local tourism, and cross-sector transportation, Wan Da Tong aims to integrate physical and digital ticketing channels to establish a green transportation platform.
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