Xie Jinhe pointed out that this year there are three companies in Taiwan whose stock prices have exceeded 10,000 yuan, and two of them are from Kaohsiung. (File photo)
[Instant News/Comprehensive Report] Xie Jinhe, chairman of Caixin Media, pointed out that this year, the stock prices of three companies in Taiwan have exceeded 10,000 yuan, and two of them are from Kaohsiung. With Kaohsiung Mayor Chen Chimai taking the lead in AI transformation, many companies have been attracted to settle in, including TSMC and ASE. Xie Jinhe warned that as the proportion of Taiwan's investment in China has hit a record low, funds are rapidly moving out of China. If local leaders and companies are still obsessed with and continue to pursue the "Chinese Dream", this "trough" may be "tank" for a long time!
Xie Jinhe pointed out that this year, there are three companies in Taiwan whose stock prices have exceeded 10,000 yuan, and two of them are from Kaohsiung. Among them, Yingwei, which is listed on the 10,000 yuan stock, is the leading company of wafer probe cards. (File photo, taken by reporter Ge Youhao)
Xie Jinhe posted a post on Facebook titled "City Governance Links the Destiny of Enterprises!" He pointed out that Lin Congji, the boss of Chuanhu, became the richest man in Taiwan. All of Taiwan suddenly noticed this person. He also discovered that three companies in Taiwan have stock prices exceeding 10,000 yuan this year. Unexpectedly, in addition to Xinhua from Gongdao 5th Road in Hsinchu, there are actually two from Kaohsiung.
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Xie Jinhe said that among the local networking activities established by Taiwanese enterprises, Taichung City has the Panshi Club, Tainan has the Yizai Club, which is named after the Yizai Golden City, and Kaohsiung is named Hong Kong City. The Rock Club has always had the longest history, the most members, and the neatest lineup. However, the members of Panshihui are mainly companies with deep roots in China. In recent years, except for Xie Minda's Hongjin, which has excelled in testing the classification machine in the later stage, most companies have struggled.
Xie Jinhe pointed out that Kaohsiung's Hong Kong city is on the rise. Yingwei, which has been listed on the 10,000-yuan stock this time, is a leading company in wafer probe cards. In Nanzi Park, ASE's market value is approaching 3 trillion, and new factories have continued to expand in recent years. Wanrun, which rose to prominence on Cowos machines this time, had a stock price of only 84.1 yuan in 2023, but this time it rose to 1,490 yuan. There is also the ABF carrier plate vacuum molding machine produced by Changguang, a subsidiary of Changxing Chemical Industry, which leads the world, with its stock price reaching 666 yuan.
Xie Jinhe analyzed that enterprises in the Hong Kong metropolis have jumped up across the board, which has a lot to do with the AI transformation led by Mayor Chen Qimai! In addition to TSMC entering Kaohsiung this time, the newly developed Luzhu, Baipu, Qiaotou, Gangshan, Nanzi, and Renwu parks in recent years have brought 49 material companies, 22 equipment manufacturers, 16 packaging and testing, 10 IC designers, and 7 semiconductor manufacturers including TSMC.
Xie Jinhe mentioned that in the past, many large companies said they wanted to invest in Kaohsiung, and many of them wrote empty promises. This time, they are serious. Mayor Chen Qimai said that TSMC and ASE are asking for land from him, and it is becoming increasingly difficult to find land now. He gave a speech at Kaohsiung IMC yesterday and told his friends in Kaohsiung that the seeds Mayor Chen has sown in the past six years will have a bumper harvest in the next 10 years!
Xie Jinhe pointed out that China Want Want's stock price exceeded HK$3 today, falling as low as HK$2.88. It seems that Cai Yanming's warning and worry not long ago were not groundless! Companies embracing the Chinese Dream have been greatly impacted in recent years. In the central region, which used to be dominated by Taichung, the representative industries were shoemaking, bicycles, tires, machinery, and machine tools. These enterprises used to enjoy China's dividends, but now some have been affected by involution, and some have been affected by China's weakening domestic demand, and their operations have hit rock bottom in recent years.
Xie Jinhe bluntly said that in recent years, Taichung City's machine tool industry hopes to rely on drones to transform. AIT Director Gu Liyan has visited Mayor Lu Xiuyan many times, but the opposition parties have exhausted their means to boycott the drone industry, and so far there is still no solution.
Xie Jinhe emphasized that in the governance of a city, a wise leader drives the entire city, and industries and enterprises also follow suit. Over the years, Taiwan's investment in China has dropped from 96.4% in 2012 to just 0.74% in the first quarter of this year. Funds are rapidly moving out of China. Enterprises and local leaders continue to dream of the Chinese dream. This bottom may last for a long time!
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