Not long ago, the "Three Thirds Meeting" was re-elected, Taiwan's industrial and commercial tycoon Xu Shengxiong did not continue to serve, and Lin Bofeng, chairman of the Taiwan Glass Group, became the new chairman of the board. The "Three Third Sessions" were promoted by the late Jiang Bingkun, chairman of the SEF, and Xu Shengxiong, the current acting chairman of the SEF, who was in charge of the "Three Third Sessions" in 2018.
In addition to the handover of the baton of the "Three Third Meetings", another major event of the baton handed over by Xu Shengxiong, chairman of Compal Computer, has also attracted much attention, that is, to let the only son take the lead and become the chairman of Kangshu, a power supply factory with a history of 40 years and revenue of NT$20 billion.
Xu Shengxiong, a tycoon of industry and commerce, stepped down as chairman of the "Three Third Associations"
Lin Bofeng, the new chairman of the 33rd Association and chairman of the Taiwan Glass Group (right)
On August 19, the "Three Third Meetings", which has attracted the attention of the island's financial circles, was comprehensively re-elected, and the current president Xu Shengxiong was not renewed, and the current vice president and chairman of the Taiwan Glass Group, Lin Bofeng, took over. At the same time, Xu Shengxiong was elected as the honorary chairman of the "Three Third Society".
In the vice president re-election, Wu Yigui, chairman of Taiju Group, Han Jiayu, chairman of Dachangcheng City, continued to serve as vice presidents, and Huang Qingyuan, chairman of Tokyo Star Bank, became the newly promoted vice president at the time of this re-election. It is worth mentioning that in addition to Xu Xudong, chairman of the Far East Group, Huang Jiaozhang, chairman of the Tailong Group, and Zhang Anping, chairman of the Board of Directors of Taini, there are several "old faces" and several more "new faces".
Cai Hongtu, chairman of Cathay Financial Holdings, Wu Xinru, general manager of Sunbeam Financial Holdings, Hong Jiacong, chairman of UMC, Liu Yangwei, chairman of Hon Hai, and Xu Jieli, the only son of Xu Shengxiong, became new members of the "Three Thirds Association" and supervisors.
Founded in 1999 by Jiang Bingkun, former chairman of the SEF, and Gu Liansong, the elder of industry and commerce, the "Three Third Sessions" has grown from the initial 13 enterprise groups to 77, including top Taiwan-funded enterprises such as TSMC, Formosa Plastics, Hon Hai, CITIC Financial Holdings, and Unification. Some people estimate that the net turnover of its member enterprises accounts for more than 62% of Taiwan's GDP, and it is also known as "Taiwan's richest entrepreneur club", which shows the weight of its weight.
The "Three Three Meetings" or "Three Three Enterprise Exchange Meetings" were created by Jiang Bingkun, and when they were founded, it was agreed that a luncheon would be held on the Wednesday of the third week of each month to promote exchanges between members of the industry. In addition to the "Three Thirds Association", the "Three Three Youth Association" was later established in 2015, and a large number of "second-generation enterprises" and new generation heavyweight entrepreneurs were gathered.
Wu Xinru, new supervisor of "33 Sessions" and general manager of Sunbeam Financial Holdings (middle)
Lin Bofeng, the new chairman of the Third Third Association, is also the chairman of the Association for the Advancement of Industry and Commerce and a heavyweight in Taiwan's industrial and commercial circles. This time, the outside world is more concerned that there are several "new branches" protruding from this re-election, which are matched with "old cadres" such as Lin Bofeng, Zhang Anping, Xu Xudong, etc., so that the "Three Third Associations" will be more diversified and also add young people's atmosphere.
Behind the scenes is the Cai family of the two major groups of Linyuan and Fubon, and among the top ten groups in Taiwan, the two major groups ranked first and second respectively, of which the total assets of Linyuan Group exceeded NT$10 trillion for the first time, rewriting the record high of Taiwan Group. Cai Hongtu of Linyuan Group and Cai Mingzhong and Cai Mingxing of Fubon Group are cousins, and the first generation of founders of Linyuan Group is Cai Wanlin of Jinjiang, Fujian Province, and Cai Hongtu is the second son of Cai Wanlin.
Many years ago, Cai Hongtu's father, Cai Wanlin, was rated as the richest Chinese in the world by Forbes and Fortune magazines in the United States, and his brother Cai Wancai was also the "richest man in Taiwan". And Cai Hongtu, along with his cousins Cai Mingzhong and Cai Mingxing, also ascended the throne of "Taiwan's richest man".
Wu Xinru, general manager of Xinguang Financial Holdings, the newly promoted supervisor of the board of supervisors, was known as the "Second Princess of Shin kong". Wu Xinru, who has 2 sons and 1 daughter, the youngest child is only 4 years old this year.
The Wu family of Xinguang, together with the Linyuan, The Cai family of Fubang, and the Gu family, are the three major financial control families in Taiwan, forming "Wu Gu Cai". Sunbeam Golden Princess Wu Xinying, she is the eldest granddaughter of Wu Huoshi, the founder of Xinguang Group, and because of her spicy personality, her father Wu Dongjin had to "change the second daughter for the eldest daughter", so that the younger daughter Wu Xinru became the general manager of Sunbeam Financial Holdings, and it has been more than a year since she took over the baton.
Xu Shengxiong, Cai Lizhu and their only son Xu Jieli (2nd from left)
In this re-election, although Xu Shengxiong, who is currently the acting chairman of the SEF, is no longer the president and is elected as the honorary chairman of the Third Third Association, it is interesting to note that his only son, Xu Jieli, the current chairman of Kangshu Technology, also won a seat on the board.
As a "rookie", Xu Jieli entered the Third Third Society, which has the taste of "the son inherits the father's business". Compared with Liu Yangwei, chairman of Hon Hai, Zhang Anping, chairman of Tai Ni, Cai Hongtu, guotai financial holdings, etc., whether it is in the industrial and commercial circles, or old age, Xu Jieli appears to be "tender", and his influence naturally comes from his father Xu Shengxiong.
When the "Three Three Associations", or Three Three Enterprise Exchange Meetings, was established in Taipei in July 1999, the first chairman was Gu Zhenfu, a highly respected industrial and commercial tycoon; since then, Gu Yisong and Jiang Bingkun have successively taken over as the chairman. Xu Shengxiong took charge of the 33rd Meeting in June 2018, and he can be renewed as usual.
Xu Shengxiong said that he has always believed that the Sansanhui is full of talents, and he only intended to do one term from the beginning, so that more companies can participate in public affairs. He also gave special thanks to the new chairman, Lin Bofeng, who has always been enthusiastic about public affairs and is willing to pay time, energy and wisdom.
Xu Jieli, a 47-year-old only son, took over the shift, first picking up the girders of the 40-year-old power supply factory
Xu Shengxiong and Xu Jieli father and son
On August 11 this year, Xu Shengxiong Jinrenbao Group's power supply subsidiary "Kangshu Technology" held a shareholders' meeting and re-elected the directors and supervisors. Sure enough, as expected by the outside world, Xu Shengxiong, who has been the chairman of Kangshu for 25 years, handed over the baton to his only son, Xu Jieli, who is now 47 years old, to take over as chairman of Kangshu.
Kangshu, a 40-year-old power supply factory, was the first to engage in computer power supplies, which can also be said to be the industrial chain supporting of Compal Computer. In recent years, Kangshu Technology is also transforming, and will take power supply, electric vehicles and green energy as the three major axes of development. Among them, the long-term revenue target of electric vehicles and green energy is 20% each, and after the shipment of electric vehicle electronic control products next year, the proportion of revenue is expected to double in 2023.
Intergenerational inheritance, in addition to choosing who to take over the baton, also lies in how high the willingness of the baton takeover is. The enterprise is in a period of transformation, and for the family heirs, on the one hand, there are pressures and challenges of transformation, and on the other hand, it can also make them have a sense of career achievement. Once the transformation is successful, the enterprise will be "renewed", the competitiveness and advantages will also have new changes, and the successors will have a greater sense of achievement.
When handing over the bat, Xu Shengxiong and his son Xu Jieli clasped their hands after the meeting, saying: He is very happy to find a stronger person to take over the baton and face new challenges. He is very grateful to his son Xu Jieli for accepting his suggestion, entering the beginning of Jinrenbao's business body, starting from the most basic taijinbao Thai factory operators, and entering the management of Kangshu after purchasing and business experience in Combao.
Xu Shengxiong also revealed that his son has followed him in recent years and learned how to cooperate with the outside world, and he believes that his son is fully prepared. He also stressed that he pursues the principle of "not using suspicious people, employing people without doubt", "not seeking his own government without being in his position", and after handing over the position of chairman of Kangshu, he will no longer ask about operations.
Xu Shengxiong, Chairman of Jinrenbao Group
As a senior industrial and commercial elder, Xu Shengxiong has seen too many real cases of intergenerational inheritance of top entrepreneurs, so that the only son first went to the 40-year-old power supply factory to pick up the beam and take over the position of chairman of Kangshu, which is also a "sharpening knife". After all, compared with the parent company Jin Renbao, Kangshu's revenue scale is also NT$20 billion, which is moderate in the "volume" of the successors of the future generations, and the business is relatively single, and the transformation pressure will not be too large, and it is easy to produce results.
In order to cultivate successors, Xu Shengxiong is also painstaking, and follows the rules of inheritance and has strong planning. After graduating from the master's class, the only son Xu Jieli was sent by him to Jinbao's factory in Thailand, starting from the most basic operator, and after returning, he was allowed to rotate to the group's procurement, business and other departments, and in 2017, he was sent to Kangshu Technology as a deputy general manager, formally entered the management, participated in the operation and management of Kangshu, and was responsible for the core power supply department; in 2020, Xu Jieli became the general manager of Kangshu Technology.
This year is the 40th anniversary of the establishment of Kangshu Technology, and it is naturally of great significance to hand over the baton to the only son, Xu Jieli. When negotiating in the mall, Xu Shengxiong is very concerned about communication and also emphasizes thinking from the other side's position. The group executives who have contacts with Xu Jieli believe that Xu Jieli has a gentle personality and is good at coordination. At present, in addition to serving as the chairman of Kangshu Technology, he also serves as a director of the family's Subsidiaries Renbao, Jinbao and Kaishuo, as well as the vice chairman of Taijinbao in Thailand.
Xu Jieli is the only son of Xu Shengxiong, Xu Shengxiong is also a 78-year-old person, taking over Kangshu is only the first step, the knife is sharpened, and it may be necessary to completely take over and take the helm in the future.
Xu Shengxiong, born in September 1943 in Taoyuan County, Taiwan, is the founder of JinRenbao Group. The predecessor of Jinrenbao Group is Jinbao Electronics, which originated from electronic devices and was founded in 1973.
The enterprise system of Jinrenbao Group mainly includes two major sectors of New Jinbao and Renbao, and the new Jinbao has subsidiaries such as Jinbao Electronics, Taijinbao Dentsu, Jinbao Shengke, Kangshu Technology, and Sanwei. Renbao, the most famous foundry product is the notebook computer, is also the world's famous laptop foundry.
In recent years, the old enterprises "Datong" and "TECO" on the island of Taiwan have been involved in a dispute over the right to operate, and Xu Shengxiong has learned from the lessons of others and accelerated the process of taking over the baton of the third generation of the family, Xu Jieli, while his personal influence in society is still there. Incidentally, Jin Renbao Group was jointly founded by Xu Shengxiong and his father Xu Chaoying, and xu Jieli is already the third generation of the family.
Xu Shengxiong's wife, Cai Lizhu
Xu Shengxiong, a big man in industry and commerce, is a "rich second generation" and a "second generation of creation".
Xu Shengxiong's father, Xu Chaoying, was a famous gentry in Taoyuan, Xu Chaoying and Huang Xing, who had three sons and two daughters, Xu Shengxiong was the eldest son, and he was also the second-generation successor of the Jin Renbao Group family. Xu Chaoying, who ran industry and commerce in the early years, in addition to his fame in the electronics industry, also had other diversified industrial layouts, such as Taoyuan Liuhe Knitting Factory, which was invested and founded by him.
Hsu Seung-hsiung, graduated from the Department of Chinese Literature of National Taiwan Normal University, and stayed on to become a Chinese teacher at National Taiwan Normal University. National Taiwan Normal University has produced many well-known entrepreneur alumni, and there are also many political figures, such as Wang Jinping, who was once a math teacher at the school.
Renbao, as a PC foundry giant, another competitor on the island is Quanta, and Quanta founders Lin Baili, Liang Cizhen and others worked in Renbao in the early days. In November 1987, a fire broke out at the Compal factory, and the plant equipment was reduced to rubble, and only the factory canteen remained, almost burning most of the life of Xu Chaoying and Xu Shengxiong's father and son. Even if it is difficult, Xu Chaoying said to his son Xu Shengxiong: If you are held accountable, the first thing is the problem between you and the managers, and the responsibility is not on the employees. Xu Chaoying explained that it was about to be the New Year, and the year-end bonus was still paid for two months' wages, which made the company excited and created a spirit of vitality and rapid turnaround in the future.
Xu Shengxiong's wife, Cai Lizhu, is currently mainly focused on charity, especially the "Xu Chaoying Foundation". She is a wise person, and many years ago, when the "Horse King Controversy" was held, she said, "What are you men doing?" "Ask, shake the deaf!
In early March 2016, when Xu Shengxiong returned to his hometown in Taoyuan, Huang Xing, a 97-year-old mother, told her son: "Cross-strait peace and stability are very important!" As a senior industrial and commercial elder, Xu Shengxiong also criticized the deterioration of the investment environment on the island a few years ago, Xu Shengxiong said: Taiwan has "six deficiencies", not only lack of electricity, lack of water, lack of labor, lack of land and lack of talents, and now there is a sixth lack, lack of morality!
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