MIAOLI, September 5, 2025- Taiwan’s leading engineering, procurement, and construction (EPC) group CTCI announced today that it has won an NT$154.7bn EPC tender jointly with Japan’s Mitsubishi Power Ltd. to build five new combined cycle generating units next to the existing Tung Hsiao Power Plant for Taiwan Power Company (Taipower), the state utility company. With 2,800 MW in installation capacity, the upgrade is expected to be completed by 2031. The project will meet the surging industrial power demand from the nearby Hsinchu Science Park and Taichung Science Park, as well as household power needs, while making contribution to the nation’s net zero goal. While CTCI’s share of contract remains undisclosed, it has broken the company’s previous record.

Formally known as “Tung Hsiao Power Plant Phase 2 Renewal and Rebuilding Project: Procurement and Installation of Combined Cycle Generating Units and Plant Facilities,” this is Taipower’s plant upgrade project in support for the administration’s energy transition policy. The combined cycle units have the world highest level power efficiency, and help reduce 60% in greenhouse gas (GHG) emissions, compared to coal-fired units. The advanced gas turbines will allow mixed combustion of hydrogen and natural gas to further reduce GHG emissions—an important step toward purely hydrogen-fueled power generation.

“We are grateful for the trust Taipower has placed in us by awarding this project,” said Michael Yang, CTCI Corporation Chairman. “This is CTCI’s continued partnership with Mitsubishi Power Ltd. after the successful collaboration in 2013 for Tung Hsiao Phase 1 Combined Cycle Power Plant EPC Project. As the longstanding EPC leader in Taiwan’s power market, CTCI has extended its market presence overseas to Malaysia, Vietnam, and Thailand. With the best effort and a commitment in delivering ‘the Most Reliable’ services, we will help the nation achieve the goal of power stability.”

CTCI is an experienced EPC services provider for the power industry, with track record in various power plant categories, including combined cycle, thermal, nuclear, and cogeneration. It is also active in developing renewable power business by taking part in constructing or fabricating solar, biomass, and wind energy infrastructures. The diversified scope of services helps CTCI’s clients meet their multifaceted energy targets and needs for stable power. CTCI remains committed to participating in green engineering projects that balance the needs for corporate profits and environmental protection, as well as joining hands with its global partners to fulfill its ESG vision as a “Guardian of Sustainable Earth.”

TAIPEI, August 29, 2025- CTCI Group is delighted to announce that its professional engineering team has repaired the first among the many homes that were affected by Typhoon Danas and the torrential rainfall last month. A heartwarming celebration event took place today in Syuejia District, Tainan City, welcoming the return of an elderly gentleman to his beloved home. CTCI Group Chairman John Yu, who was present at the event, sent his best wishes to the gentleman and reiterated that CTCI will repair the remaining homes in the region as quickly as it could, so that people could resume normal lives.

Officials from the central and local governments also graced the event with their presence, including Chin-De Chen, Commander of Post-Disaster Advance Command Post Chin-De Chen; Wei-che Huang, Tainan City Mayor; and Ming Pao Chang, Syuejia District Chief.

In response to the nation’s call for disaster recovery, CTCI plans to spend NT$10 million in home repair and rebuilding. A specialized engineering team has inspected the affected homes in eleven districts in Tainan since August 20, taking measurements for repair. CTCI is all set with the material and human resources to go all out in fixing housing damages across Syuejia, Guantian, Houbi, Baihe, Xinying, Liouying, Lioujia, Xiaying, Yanshuei, Madou, and Jiali districts, living up to its vision of “the most reliable global engineering services provider.”

Since its founding over four decades ago, CTCI played leading role in building infrastructures across the nation while making its ascent to become the top EPC service provider in Taiwan and among the world’s top 100. Insisting on construction quality, CTCI has been awarded with multiple Public Construction Golden Quality Awards. CTCI regards it as corporate social responsibility to utilize its engineering expertise to contribute to disaster recovery, and calls on the wider corporate community to support the cause.

KAOHSIUNG, August 28, 2025- Taiwan’s leading engineering, procurement, and construction (EPC) group CTCI announced today that it was awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal (also known as the 7th LNG receiving terminal) in southern Taiwan, after securing LNG storage tanks EPC contract for the same terminal late last year.

At NT$29.6bn in contract value, the regasification facility will convert liquefied natural gas (LNG) coming from four 180,000 kL cryogenic tanks into gaseous state natural gas for further distribution, at an output of 1,600 tons per hour. Slated to be completed by 2030, the regasification facility helps increase resilience in natural gas supply across the island and contributes to national energy stability, in a time when LNG and LNG-induced electricity are in hot demand due to economic growth, AI infrastructure power needs, and decarbonized/low-carbon power generation trend.

“We appreciate that CPC Corporation has further entrusted CTCI with the Kaohsiung Intercontinental LNG Receiving Terminal project,” said Michael Yang, Chairman of CTCI Corporation. “The construction of LNG storage tanks at the terminal is currently at full speed. For the regasification facility, CTCI will leverage green and intelligent technologies to save energy, cut carbon emissions, and make construction more time-efficient. We look forward to working with CPC Corp. to achieve the national energy security goal.”

The regasification facility comes with sustainable and innovative features. Seawater is used for heating the cryogenic LNG at -162°C into gaseous state. The cold energy released from the regasification process is recovered and repurposed for air conditioning inside the facility. CTCI also utilizes its proprietary, award-winning pipeline cleaning robot and pipeline flange bolt fastening module system to tackle the most complex and risky challenges during pipeline construction, thus enhancing construction efficiency, quality, and safety.

Globally, the demand for LNG is expected to increase 60% by 2040. In Taiwan, natural gas is set to become the major source for power generation as the nation attempts to lower carbon emissions from electricity. This has driven plans for building new LNG terminals.

CTCI is proud to have participated in the engineering and construction of all operating LNG receiving terminals in Taiwan, and is so far the only domestic EPC service provider with complete expertise and track record in LNG terminals, covering scopes of regasification facilities, storage tanks, jetties, trestles, and long-distance pipelines. Globally, CTCI has participated in eleven LNG terminal projects—including new construction and expansion—across China, India, Taiwan, and Thailand, contributing to 40 million tons in LNG supply capacity per year.

LNG terminals aside, CTCI plays a key role in ushering a net zero future by participating extensively in renewable energy facility construction (solar, biomass, wind power) and actively exploring new energy markets (energy storage, hydrogen energy, CCUS). With comprehensive preparedness, CTCI remains a reliable partner of choice for nations and companies that seek EPC services for stable, low-carbon, and sustainable energy infrastructures.

HSINCHU, September 15, 2025- CTCI is pleased to announce that its Group Chairman John Yu was named an ITRI Laureate of Year 2025 by Taiwan’s prestigious institution, Industrial Technology Research Institute (ITRI). Throughout the five-decade-long engineering career, Mr. Yu witnessed and took part in the transformation of the Taiwanese economy through major infrastructural projects. Thanks to his leadership, Mr. Yu helped elevated CTCI’s position in becoming the leading engineering, procurement, and construction (EPC) group in Taiwan and among the world’s top 100, which raised the nation’s profile globally with its engineering prowess and contribution.

Mr. Yu received the honor today from the Vice President of the Republic of China (Taiwan) Bi-khim Hsiao at the ITRI Laureate Awards Ceremony, a joint event which also celebrated the 52nd anniversary of the foundation of the institution.

ITRI is a world-class research institution with a mission to aid industrial development with technological R&D, create economic value, and improve social wellbeing. It is also the largest and one of the most representative research institutions in Taiwan. ITRI Laureate is an honorary position awarded to persons who have made outstanding contributions to industrial development and public wellbeing through technological progress.

In receiving the honor, Mr. Yu appreciated the long-time partnership between ITRI and CTCI, which has been instrumental in the development of the nation’s industry. He attributed his personal honor to the hard work of 8,000 CTCI staff across the world, without whom he could not have climbed onto the shoulders of “CTCI Giant” and drew attention. To him, the honor is not just a personal recognition but also a wider encouragement for CTCI employees and the entire industry.

Vested with a vision to transform CTCI into “the most reliable global engineering services provider,” Mr. Yu’s widely acclaimed leadership has earned him many accolades, including FEIAP Engineer of the Year and Honorary Fellow; Honorary Doctorate Degree of National Central University; GCSA Outstanding Professional; HBR Taiwan Top 100 Best-Performing CEOs; HBR Digital Transformation Leadership Award; and CIE Engineering Medal.

Under his helm, CTCI has aligned its commitments to the global net zero and sustainability trend. For many years, CTCI has been involved in “green engineering projects” that feature a balance between corporate profits and environmental protection. Thanks to his effort, CTCI has earned recognition in terms of sustainability, both domestically and abroad. Recognitions include being included as component in the Dow Jones Best-in-Class Emerging Markets Index for ten years in a row; ranks Top 1% in S&P Global’s Sustainability Yearbook for three years, the only engineering company in the world with such accomplishment; and being selected as one of Taiwan’s Top 10 Sustainable Service Businesses for eight consecutive years.

Given Mr. Yu’s contributions and excellent leadership, the ITRI Laureate honor is truly deserved.

Bangkok, July 25, 2025- CTCI is pleased to announce that its Group Chairman John T. Yu was awarded today the FEIAP Engineer of the Year 2025 and conferred honorary fellow by the Federation of Engineering Institutions of Asia and the Pacific (FEIAP) at the 33rd General Assembly and Awards Ceremony, which took place in Bangkok, Thailand.

The award and honor are a recognition of Group Chairman Yu’s outstanding leadership and contribution to the engineering industry, which saw CTCI being transformed from a local company to a globalized engineering, procurement, and construction Group. Under his helm, CTCI pursued globalization, innovation, and sustainability, keeping in pace with the times. Thanks to his proactive effort, businesses in the engineering sector in Taiwan join the cause to support sustainability.

In his awards acceptance speech, Group Chairman Yu humbly mentioned that the honor belongs to the entire Taiwanese engineering industry. He expressed gratitude to the long-term, collaborative support offered by the industry peers and called on engineering companies to join forces and use wisdom to turn the tide against challenges that the world is now facing, including climate change, limited resources, and high tariffs, so that a brighter and more sustainable future could become possible.

Group Chairman Yu was nominated by the Chinese Institute of Engineers, one of the most prominent engineering institutions in Taiwan, for the FEIAP Engineer of the Year Award. Being one of Asia Pacific’s top engineering organizations comprised of institution members from 23 economies, FEIAP has a mission to bring progress and prosperity to the world through advanced engineering.

Group Chairman Yu’s engineering career spanned over five decades, rising through the ranks at CTCI. His leadership has been instrumental in shaping CTCI. Today, CTCI is a leading engineering brand from Taiwan that is not only among the world’s top 100, but also known for its commitment in making engineering “greener”—through green technology, green contracting, and green investment. It is participating in, as well as creating green projects around the world, and, with the goal of net zero in mind, playing an active role in reducing its greenhouse gas emissions. Its continued superior environmental, social, and governance achievements are the reasons why it has been included as a constituent of the Dow Jones Best-in-Class Emerging Markets Index for ten years in a row, awarded top 1% honor in the S&P Global’s Sustainability Yearbook for three years—the sole engineering company in the world with such honor—and awarded Taiwan's Top 10 Sustainable Service Businesses Award for eight years.

Given his accomplishments, the FEIAP Engineer of the Year Award and Honorary Fellow that the Group Chairman received are well deserved.

The 2025 Asia Responsible Enterprise Awards (AREA), one of Asia’s most prestigious sustainability benchmarks, was held on June 27 in Bangkok, Thailand. CTCI Group, positioning itself as “a Guardian of Sustainable Earth,” was honored with the Corporate Sustainability Reporting Award in recognition of its outstanding ESG performance and continued innovation in sustainable engineering. Ming-Shyan Lee, CEO of CTCI’s Group Engineering Business, and Joanne Ho, Chief Sustainability Officer, attended the ceremony on behalf of the company.

Organized by Enterprise Asia, AREA honors businesses that drive change and create positive sustainable impact. As Taiwan’s No.1 and one of the world’s top 100 international EPC groups, CTCI aims to maximize its engineering influence by integrating ESG into its core operations and decision-making. The company also partners across sectors with innovative technologies to promote sustainability, creating numerous green projects around the world that balance environmental protection with economic growth through smart and low-carbon construction methods—helping industries accelerate their green transition.

To maintain transparent communication with stakeholders and disclose concrete sustainability progress, CTCI regularly publishes sustainability reports, demonstrating its firm commitment to net-zero goals. Looking ahead, CTCI will continue working toward a greener, more sustainable future, fulfilling its ESG vision as a “Guardian of Sustainable Earth.”