According to a UDN report, TCC chairman An-Ping Chang and president Yao-Hui Cheng held a video conference on the evening of July 27, 2026 with the company's first group of international investment banks and advisors to formally launch Project Arcadia, TCC's European listing plan. UDN described the move as "a milestone marking TCC's formal entry into positioning within European capital markets."
A CNA report corroborates this, stating that Chang and Cheng used the video conference to discuss "listing strategy, timeline planning, and various preparatory work" with the same group of advisors. Both UDN and CNA report that the company will next "submit the matter to the August board meeting for review in accordance with procedure, to continue advancing its European capital markets positioning."
According to UDN, TCC has not disclosed the listing venue, timeline, or fundraising scale that have drawn outside attention. The company told a CNA reporter, as cited in the UDN report, that "relevant details must wait for discussion at this year's August board meeting, and it is inconvenient to comment publicly at this stage." No figures for capital to be raised or specific exchange have been released in either report.
According to UDN, Chang told the launch meeting that "Project Arcadia, for TCC, represents the company's hope to use the European market platform to show investors that TCC is not merely a cement company, but an enterprise that is redefining the future of the building materials industry."
A separate UDN report quotes Chang further, stating he hopes that "through the European capital markets platform," TCC can demonstrate to international investors that the company "has transformed from a traditional cement company into a low-carbon building materials enterprise," continuing to "drive low-carbon transformation of the building materials industry through technological innovation, materials innovation, and cross-border positioning."
According to UDN, the name Arcadia "originates from ancient Greece" and, "since the Renaissance, Arcadia has become a symbol in Western culture of sustainability, a good life, and an ideal future." TCC's choice of name for the listing project draws directly on this cultural reference, per the report.
According to UDN, Chang stated that "TCC's net-zero transition does not rely on a single technology alone, but encompasses multiple efforts including energy transition, process optimization, development of alternative raw materials and fuels, and an overall industrial model overhaul." This framing was offered in the context of the same July 27 discussion around the European listing launch.
Both UDN and CNA report that TCC first disclosed it was evaluating a European listing at its 80th-anniversary celebration in May 2026. UDN states TCC "first disclosed it was evaluating a listing in Europe" at that event, while CNA similarly reports that "at TCC's 80th-anniversary event held this year in May, Chang first revealed the company was evaluating a listing in Europe." The July 27 launch of Project Arcadia with investment banks and advisors follows directly from that earlier disclosure.
The sequence reported by UDN and CNA shows a defined two-step process: a May 2026 disclosure that TCC was evaluating a European listing, followed by the July 27, 2026 formal launch of Project Arcadia with investment banks and advisors. Both outlets agree that the next procedural step is the August board meeting, where TCC says the listing location, timeline, and fundraising size will be addressed — details the company has explicitly declined to discuss before that meeting. Meanwhile, the transformation narrative Chang offered — from cement producer to low-carbon building materials company — is presented consistently across both UDN reports, tying the Arcadia name's cultural symbolism of an "ideal future" to the substantive claims about energy transition, process optimization, and alternative fuel development that Chang outlined for TCC's net-zero efforts.
According to both UDN and CNA reports, TCC chairman An-Ping Chang and president Yao-Hui Cheng held a video conference with international investment banks and advisors on the evening of July 27, 2026 to formally launch the European listing plan, Project Arcadia.
No. According to UDN, TCC told reporters that details on listing location, timeline, and fundraising scale must wait for discussion at the August board meeting and are not being disclosed at this stage.
According to both UDN and CNA, TCC first disclosed that it was evaluating a European listing at its 80th-anniversary celebration event in May 2026.
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