Hotel Royal Chihpen (5704.TWO), founded in 1990 and listed on the Taiwan Stock Exchange in 1999, operates a resort hotel in Taitung, Taiwan's Chihpen Hot Springs area near Jhihben National Forest Recreation Area; headquartered at No. 23, Long Chuien Road, Taitung, the company provides guest room accommodations with private indoor hot spring tubs, restaurant and catering services including buffets with local Taiwanese and Western cuisine, indoor and outdoor hot spring facilities featuring jacuzzis at varying temperatures and spa complexes such as Spa Paradise and Quan SPA, recreational amenities encompassing swimming pools, gym, archery, karaoke rooms, playgrounds, waterslides and family-oriented activities, conference and event spaces, as well as concierge, business center and other leisure services primarily targeting domestic tourists, families and groups in the hospitality sector with around 207 employees. The company generates revenue mainly from room rentals and conference halls, catering, and ancillary operations, with activities extending to overseas markets including Japan and mainland China. In recent years, Hotel Royal Chihpen has focused on maintaining operational stability amid tourism recovery, reporting first-quarter 2025 revenue of NT$73.8 million and sustaining its hot spring resort positioning without major acquisitions, partnerships or expansions noted in the past 1-2 years, while participating in promotional packages like the 2025 Royal Explorer program offering bundled stays with meals and local experiences such as tea garden tours.