Announcement of the by-election result for one independent director at the Company's 2026 AGM.
Event
Announcement of the by-election result for one independent director at the Company's 2026 AGM.
Sinyi Realty’s Response
Date of occurrence of the change:2026/05/18
Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or natural-person supervisor):independent director
Title and name of the previous position holder: Wu, Chih-Wei
Resume of the previous position holder:
independent director of the Company
Title and name of the new position holder:
Independent director: Chiu, Li-Meng
Resume of the new position holder: NVIDIA Global Vice President and General Manager of Taiwan.
Circumstances of change (Please enter “resignation”, “dismissal”,“term expired”, “death” or “new appointment”):new appointment
Reason for the change: By-election due to the resignation of the previous Independent director.
Number of shares held by the new position holder when elected:
Independent director: Chiu, Li-Meng, 0 shares
Original term (from __________ to __________):2025/05/21-2028/05/20
Effective date of the new appointment:2026/05/18
Turnover rate of directors of the same term:1/7
Turnover rate of independent directors of the same term:1/4
Turnover rate of supervisors of the same term:not applicable
Change in one-third or more of directors (Please enter “Yes” or“No”):No
Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 6 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.): none
Sinyi Realty Inc. announced the election of directors of the 15th Term Board of Directors
Event
At the 2025 Annual General Meeting of Shareholders, Sinyi Realty Inc. conducted the re-election of directors (including independent directors) upon the expiration of their term.
Sinyi Realty’s Response
Date of occurrence of the change: 2025/05/21
Elected or changed position: Independent director and natural-person director
Title, name and resume of the previous position holder:
Director: Chou, Ken-Yu Chairperson of the Company
Director: Chou, Chun-Chi Director of the Company
Director: Chen, Li-Shin General Manager of the Company
Independent director: Lee, Yi-Li Vice Chairperson of Maywufa Company Ltd.
Independent director: Wu, Chih-Wei Director of Longchen Paper & Packaging Co., Ltd.
Independent director: Jhan Hong-Chih The president of PChome Online Inc.
Independent director: Yen, Lou-Yu The chairperson of Taipei Co-Creation Foundation for Entrepreneurs.
Title, name and resume of the new position holder:
Director: Chou, Ken-Yu Chairperson of the Company
Director: Chou, Chun-Chi Director of the Company
Director: Chen, Li-Shin General Manager of the Company
Independent director: Lee, Yi-Li Vice Chairperson of Maywufa Company Ltd.
Independent director: Wu, Chih-Wei Director of Longchen Paper & Packaging Co., Ltd.
Independent director: Lin, Wen-Jeng Associate Professor of Graduate Institute of Human Resources Management of National Central University
Independent director: Chen, Shu-Chuan Chairperson of EasyCard Investment Holding Co., Ltd.
Reason for the change: Term expired.
Effective date of the new appointment: 2025/05/21
Any other matters that need to be specified: None.
Detection of fraudulent activities by individuals impersonating company employees.
Sinyi Realty’s Response
Recently, we have discovered fraudulent activities by individuals impersonating Sinyi Realty employees through communication apps or social media platforms. These scams include posing as our staff to request payments or personal financial information. Such activities are fraud – please stay alert!
We have promptly reported the cases to the relevant authorities and issued a warning announcement on our official website to prevent such illegal acts.
To protect your valuable rights, we remind you: if you receive any contact from someone claiming to be a Sinyi Realty employee and have doubts about their identity, please verify carefully. You may request them to present a company ID card or provide relevant proof of identity. You can also directly call our branch offices to confirm the staff member’s identity, or contact the Sinyi Realty Customer Rights Hotline (0800-211-922) for verification. This ensures your safety and prevents fraud.
We sincerely thank you for your trust and support. Let us work together to prevent scams and safeguard your rights!
Announcement of the change of the Company's Chairperson
Event
Announcement of the change of the Company's Chairperson
Sinyi Realty’s Response
Date of the Board of Directors resolution or date of occurrence of the change: 2023/10/27
Position: Chairperson
Name and resume of the previous position holder: Sinyi Co., Ltd. (Liu, Yuan-Chih, the designated representative of executing the duty of Chairperson).
Name and resume of the new position holder: Chou, Ken-Yu, the Vice President of the Company.
Circumstances and reason of change: Sinyi Co., Ltd. has resigned from its position as Chairperson and remained as a Director, and the chairperson would be re-elected by the Board of Directors.
Effective date of the new appointment: 2023/10/27
Any other matters that need to be specified: none.
Explanation about Media Reporting
Event
Regarding the Taipei District Court's ruling on the case involving the long-term dissemination of negative information about Sinyi Realty by industry peers.
Sinyi Realty’s Response
Industry peers have long intended to harm Sinyi Realty's reputation by publishing negative news through news reports and advertisements. The Taipei District Court has ruled that the peers must pay NT$3 million in damages and remove the false negative news. Additionally, they are required to publish the court's verdict in newspapers to inform the public and are prohibited from purchasing Google keyword ads containing the term “Sinyi Realty” in the future.
Explanation Regarding False News Reports by the Media
Event
Explanation of concerns about the transaction process of a certain case in a media report.
Sinyi Realty’s Response
Our company has always upheld the rights and interests of our customers.
The media outlet that reported false news about Sinyi Realty has been ruled against by the Taiwan High Court and is required to publish Sinyi Realty's victory notice on their official website. However, they have continued to publish false news.
Sinyi Realty will pursue legal action to protect its reputation.
To clarify the news report regarding 2023 Q1 investors' conference
Event
Electronic media reported on 2023/5/11 that “Sinyi's consolidated revenue for 2023Q1 was NTD 4.327 billion, a year-on-year decrease of 14.45% or about 10%...” and “the accumulated revenue as of March 31, 2023 of Project “Shanshui Jiating” was NTD 4.909 billion”.
Sinyi Realty’s Response
The content mentioned above should be that “Sinyi's consolidated revenue for 2023Q1 was NTD 4.327 billion, a year-on-year increase of 10% or 14.45%...” and “the accumulated revenue as of March 31, 2023 of Project “Shanshui Jiating” was NTD 5.203 billion”.
The Company's announcement of the election of vice chairperson of the Board of Directors
Event
The Company's announcement of the election of vice chairperson of the Board of Directors
Sinyi Realty’s Response
Date of the Board of Directors resolution or date of occurrence of the change: 2022/09/27
Position: vice chairperson
Name and resume of the previous position holder: none, not applicable
Name and resume of the new position holder: Chou, Ken-yu, the CTO of the Company
Circumstances and reason of change: new appointment
Effective date of the new appointment: 2022/09/27
Any other matters that need to be specified: none.
Explanation about Media Reporting
Event
Explanation of concerns about the transaction process of a certain case in a media report.
Sinyi Realty’s Response
The company has always protects the rights of customers.
The content of the report is misleading and untrue. The company has explained the misunderstood of the dispute to the customer, and has also issued a clarification statement to the media and published it at the same time.
Appointment of New Chief Financial Officer
Event
Appointment of New Chief Financial Officer
Sinyi Realty’s Response
Type of personnel changed: CFO
Date of occurrence of the change: 2022/06/21
Name, title, and resume of the previous position holder: Wang, Jun-Yen, Vice General Manager of the Company
Name, title, and resume of the new position holder: Chen, Chih-Huan, the senior manager of Finance Department
Type and reason for the change: New replacement
Effective date: 2022/06/21
Any other matters that need to be specified: This proposal of appointment was approved by the resolution of the Board of Directors on the 21th June.
Announcement of new General Manager Appointment
Event
Announcement of new General Manager Appointment
Sinyi Realty’s Response
Date of the Board of Directors resolution or date of occurrence of the change: 2022/06/21
Position: General Manager
Name and resume of the previous position holder: Liu, Yuan-Chih, the Company's General Manager
Name and resume of the new position holder: Chen, Li-Shin, the Company's vice general manager
Circumstances and reason for the change: Job relocation
Effective date of the new appointment: 2022/06/21
Any other matters that need to be specified: The appointment of the General Manager was approved by the Board of Directors on the 21th June.
The Company's announcement of the election of Chairperson of the 14th term Board of Directors
Event
The Company's announcement of the election of Chairperson of the 14th term Board of Directors
Sinyi Realty’s Response
Date of the Board of Directors resolution or date of occurrence of the change: 2022/05/19
Position: chairperson
Name and resume of the previous position holder: Chairperson: Chueh, Chien-Ping, the Company's Chairperson
Name and resume of the new position holder: Sinyi Co., Ltd., not applicable.
Circumstances and reason for the change: term expired
Effective date of the new appointment: 2022/05/19
Any other matters that need to be specified: Mr. Liu, Yuan-chih was appointed to be the representative of Sinyi Co., Ltd. to execute its Chairperson's duty.
Sinyi Realty's response to COVID-19
Event
The COVID-19 (Coronavirus) pandemic presents a global challenge of unprecedented scale.
Sinyi Realty’s Response
In response to the spread of the COVID-19, Sinyi Realty quickly established an epidemic prevention team by the management team, drafted implementation principles and standard operating procedures, proposed corresponding measures to various stakeholders, and continued to pay attention to the development of the epidemic.
For more information, please refer to the "COVID-19 Response".
Announcement of change in representative of institutional director
Event
Announcement of change in representative of institutional director.
Sinyi Realty’s Response
Date of occurrence of the change:2021/08/24
Name of legal person: Sinyi Co., Ltd.
Name and resume of the previous position holder:Chou Wang Mei-Wen, Director of Sinyi Culture Foundation
Name and resume of the new position holder:Chou Ken-Yu, Director of Yu Hao Co., Ltd.
Reason for the change: Change in representative of institutional director
Original term: From 2019/05/24 to 2022/05/23
Effective date of the new appointment: 2021/08/24
Clarification on Media Reporting
Event
(1) Money DJ News reported on 2021/5/11 that “It is estimated that Sinyi's revenue in Taiwan this year will be stable... and the revenue for this year will have the possibility up to NT$15 billion to 16 billion dollars with the EPS expected to be NT$3.0 dollars.”
(2) Wealth Magazine News reported on 2021/5/11 that “The number of houses for sale of Project ”Sinyi Jiating” is 1,109 and will be almost sold out with the revenue of NT15.823 billion dollars recognized in 2021Q1...”
Sinyi Realty’s Response
The Media reported the Company’s revenue and EPS for 2021 all by itself. The Company does not conduct 2021 financial forecast and all the data shall be in accordance with the information announced by the Company on MOPS.
In addition, the revenue of NT15.823 billion dollars which Project ”Sinyi Jiating” recorded was the total accumulated revenue from the first revenue recognized in the previous year to March 31, 2021 instead of for the three months ended March 31, 2021.
Explanation about a Lawyer Disseminating False Statements
Event
Recently, a lawyer spread false statements that might damage the reputation of our company, and this behavior may violate the lawyer's ethical standards.
Sinyi Realty’s Response
This was in a case was a terminated employee for reasons that violate company policy was sued by a client of his personal conduct.
However, the lawyer entrusted by our client made unreasonable requests as well as spread false statements that may damage the reputation of Sinyi Realty. Therefore, Sinyi will take legal action against the lawyer.
Clarifying Media Coverage
Event
On March 24, 2020, Apple Daily report the content regarding "Buying a house and signing a contract is deemed as combating, the land administration agent wearing personal protective equipment in the workplace."
Sinyi Realty’s Response
The company has always protects the rights of customers and employees.However, wearing protective clothing is only his personal conduct to increase the protection.
The homeowner is not under quarantine, and the rest of information belongs to Consumer privacy.
The explanation about the Fair Trade Commission's determination of false advertising
Event
Regarding the Fair Trade Commission determined that the advertising leaflet has misleading representation, violated the Fair Trade Law and punished with a fine of NTD 100,000.
Sinyi Realty’s Response
Based on the principle of the transparency and openness of transaction information, an employee of the company quoted the information of Xing-an Public housing from the Actual Transaction Price Registration System and disclosed them in advertisement leaflets. The leaflet did not mention that all cases were transactions by the company, which were inconsistent with the Fair Trade Commission's opinions. The company respects the Fair Trade Commission's ruling.
The explanation about false defamation of the Facebook fan group
Event
Regarding Facebook's "Dishonest Sinyi, Return My Money" fan group, who continue to attack with one-sided misinformation.
Sinyi Realty’s Response
In recent years, specific person anonymously opened a "Dishonest Sinyi, Return My Money" fan group to attack Sinyi Realty on Facebook.
Since Sinyi Realty was founded, the company has been operating with integrity. Sinyi Realty has also been continuously awarded the “Five-Star Service Award” for the first prize in the real estate brokerage industry by Global Views Monthly Magazine.
The fan group is currently in judicial proceedings for improper defamation.
The explanation of the Facebook community video
Event
About the Facebook community "Tell You The Truth" has uploaded a film on October 23, 2019, titled "The Black Hearted Sinyi Realty provides incomplete real-time registration information, and sold Neihu Apartment for a huge loss of nearly 2 million NTD. "
Sinyi Realty’s Response
Regarding the recent uploaded of the film in the Facebook community, the party has complained to the media that the one who taken the video has published the film without his consent.
The company always insisting on providing customers with complete house price information, and paying attention to transaction security.
However, the competitor intention to smear our customer to attack us, it is obviously confusing the public.
Clarify Reports from Competitor
Event
The HouseFun News reported on July 10, 2019, contained a report discussing " Requirement to report real estate transaction prices 2.0 disrupt real estate transactions "
Sinyi Realty’s Response
In addition to insisting on providing customers with complete house price information, the company has avoided short-term investment transactions and harmed customers' rights, and refused or conditionally provided trading services for items or customers with "short-term trading or frequent trading" characteristics.
However, the competitor recently intention to smear and attack us, it is obviously confusing the public, and we will discusses about to take relevant legal actions to the untrue part of the report content.
Announcement of the change of Company’s Chinese name
Event
Announcement of the change of Company’s name from "信義房屋仲介股份有限公司" to "信義房屋股份有限公司"
Sinyi Realty’s Response
Date of occurrence of the event:2019/06/14
Company name:信義房屋股份有限公司(Sinyi Realty Inc.)
Relationship to the Company : head office
Reciprocal shareholding ratios:NA
Cause of occurrence:
Date of registration approved / Date of occurrence of the event:2019/06/14
Date of resolution of shareholders meeting:2019/05/24
Company Name(Before):信義房屋仲介股份有限公司(Sinyi Realty Inc.)
Company Name(After Changed):信義房屋股份有限公司(Sinyi Realty Inc.)
Symbol(Before):Sinyi Realty
Symbol(After Changed):Sinyi Realty
Countermeasures:not applicable
Any other matters that need to be specified:
The Company received the approval letter which stated on June 13, 2019 from Ministry of Economic Affairs, R.O.C. In accordance with Article 45 of Operating Rules of the Taiwan Stock Exchange Corporation, the said information shall be publicly announced for 3 consecutive months after the change the Company’s name was approved by the authorities.
The Company's stock code remains 9940.
The Company changed its Chinese name with its English name unchanged.
The election of Chairperson and Vice-chairperson of the 13th term Board of Directors
Event
The Company's announcement of the election of Chairperson Chueh, Chien-Ping and Vice-chairperson Wang Mei-Wen of the 13th term Board of Directors
Sinyi Realty’s Response
Date of the board of directors resolution or date of occurrence of the change:2019/05/31
Type of personnel: chairperson and vice-chairperson
Name and resume of the replaced personnel:
Chairperson Chou, Chun-Chi: the Company's chairperson
Vice-chairperson Chueh, Chien-Ping: the Company's vice-chairperson
Name and resume of the new personnel:
Chairperson Chueh, Chien-Ping: the Company's vice-chairperson
Vice-chairperson Chou, Wang Mei-Wen: the Company's vice-chairperson
Type and reason for the change: tenure expired
Effective date of the new appointment:2019/05/31
Clarify Media Coverage
Event
On July 24, 2018, Sanlih E-Television News contained a report discussing "The home owner discovered that his new home's square footage is not the figure stated when the home was advertised."
Sinyi Realty’s Response
The difference was caused by registration error by the department of Land Administration.
Clarifying Media Coverage
Event
The 05/24/2018 A5 Edition of the Commercial Times contained a report discussing “two cases [on the Taiwan side] in northern Jiangzicui, Banqiao, sold for a total of NT$4 billion” and “expected annual revenues should reach 15%.”
Sinyi Realty’s Response
The revenue data reported were entirely the conjecture of the outlet itself. The Company had made no such financial forecasts, and only information provided by the Company through the Market Observation Post System is to be considered accurate.
The Company Makes Three-part Statement on Media Reports Containing False Accusations about the Industry
Event
On 02/02/2018, Central News Agency electronic news reported false accusations made by another member of the industry toward this Company. The outlet contacted the Company for clarification, and in response, we issued a three-part statement.
Sinyi Realty’s Response
A peer in the industry issued a press release to the media making false accusations regarding this Company’s patent rights. The media outlet concerned has contacted this Company for clarification, and in response, we would like to issue the following three-part statement:
1) With regard to this peer’s substantial involvement in patent infringements, this Company initially only sought to offer advice, however now we will be filing patent litigation, which we will pursue to the fullest extent of the law.
2) With regard to this peer’s issuing of a press release today, this behavior is already suspected of being a breach of the Fair Trade Act, and we will file a lawsuit through legal channels that we will pursue relentlessly.
3) This company has always emphasized innovation & research and respects intellectual property rights. We are currently the holder of the largest number of valid patents in Taiwan’s real estate industry.
Given these, the aforementioned peer’s untrue allegations will have no significant impact on this Company’s finances or business. We have provided all important information to the Market Observation Post System in order to facilitate investors’ understanding of this incident.
Clearing Up Media Reports
Event
1) On 03/11/2017, the Commercial Times reported that “Sinyi Realty’s Board of Directors is set to convene a stockholder meeting on May 6.”
2) On 03/11/2017, Apple Daily reported that “Sinyi Realty has accumulated a total revenue over the first two months of the year of NT$520 million.”
Sinyi Realty’s Response
1) Our Board of Directors decided to convene our Annual Meeting of Shareholders on May 26, 2017.
2) In the first two months of 2017, the Company had accumulated a total revenue of NT$1 billion; the media report misrepresented information. Only financial information provided by the Company through the Market Observation Post System is to be considered accurate.
Clearing Up Media Reports
Event
On 11/22/2016, the B4 edition of the Commercial Times reported about this Company that “organizations estimate that Phase 1 of Sinyi Jiating has been successfully sold, with an anticipated profit of CNY 400-500 million, contributing approximately CNY 3 to EPS, driving next year’s performance up.”
Sinyi Realty’s Response
These are the outlet's own estimations.
Only financial information provided by the Company through the Market Observation Post System is to be considered accurate.
Regarding Reporting of Net Income After Tax
Event
On 07/29/2016, the A05 Edition of the Economic Daily News reported regarding this Company that “Financial statements for Q2 this year [...] show a net income after tax of NT$147 million and per-share net income after tax of NT$0.23.”
Sinyi Realty’s Response
The two figures reported are the net income after tax and per-share net income after tax for the first half of the year and not solely for Q2. For Q2, the Company’s net income after tax was NT$212 million and per-share net income after tax NT$0.34. This reporting is based on mistaken application of the data.
Only financial information provided by the Company through the Market Observation Post System is to be considered accurate.
Complaints Regarding Typhoon Days
Event
Several Sinyi employees complained that in the morning the Company sent messages informing staff of branches in the Greater Taipei area that they would be required to resume work that afternoon, to some dissatisfaction.
Sinyi Realty’s Response
The stormy conditions of typhoons can make ordinarily virtually unnoticeable leaks much more visible, and so to protect the rights and interests of consumers, should the wind and rain ease up in the afternoon of a typhoon day, we expect our staff to resume service. However, at the same time we need to pay attention to the safety of our staff, and so if they are in a more remote location or somewhere where the wind and rain are substantial, they need not work; should they not work, they will not be paid for that time, but neither will it count against their attendance record.
In response to staff suggestions regarding the leave system, starting in 2016 we have adjusted the system to allow staff to take the three main holiday periods off entirely, aiming to help them enjoy a quality home life in addition to pursuing career development.
On Reporting of Revenue Data
Event
On 05/09/2016, the C1 Edition of the Economic Daily News and the B4 Edition of the Commercial Times both reported that “next year, Sinyi’s consolidated revenue will return to the NT$10 billion mark” and “Sinyi Realty could see a record high revenue of NT$12 billion next year.”
Sinyi Realty’s Response
The revenue data for the following year being used in this reporting were the outlets’ own conjectures.
The Company had not made financial forecasts for the future, and only financial information provided by the Company through the Market Observation Post System is to be considered accurate.