Zhang Qingzhao's "worth 5 billion" 27 land transactions and 4 billion stocks triggered heated discussions. The service office responded

Taichung City Council Speaker Zhang Qingzhao. (File photo)

As the election campaign comes to an end, some netizens shared the "2026 Private Election Bulletin" released by the Taiwan Forward Front. They were surprised to see Taichung City Council Speaker Zhang Qingzhao. Based on the declaration records on August 27, 2026, Zhang Qingzhao's "estimated total declaration" was as high as 5,023,588,356 yuan, with a debt of 300 million yuan listed. In this regard, Taichung City Speaker Zhang Qingzhao’s Service Office pointed out today that Zhang Qingzhao has a sense of financial management and already owned these assets before he was elected as deputy speaker or speaker.

Netizens listed Zhang Qingzhao’s estimated assets. The most significant amount is securities, with an estimated value of 4.09354 billion yuan. In the real estate section, the webpage shows that there are 34 real estate properties under his name (31 of which have Valuations have been carried out, 1 has not been appraised, and the other 2 land has been merged into the house valuation (no double counting), which is subdivided into 27 land estimates of approximately 327,745,584 yuan, and 4 buildings with an estimated estimate of 60,027,974 yuan.

In addition, the deposit portion is listed with NT$227.57 million. However, the website also adds a special explanation on the page, emphasizing that these figures are "calculated based on the declared information and website valuation, and are not equal to the declared amount or professional appraisal." It also emphasizes that the land use of the lot varies greatly, and the estimated amount may be too high or too low.

Zhang Qingzhao behaves in a low-key manner, but he has been managing money wisely for many years and has a precise vision for investing in stocks. Zhang Qingzhao’s service office pointed out that Zhang Qingzhao has been honest in declaring his assets since he took office. He studied business and has a sense of financial management. He already owned these assets before he was elected as deputy speaker or speaker.

The private version of the election bulletin page shows that Taichung City Council Speaker Zhang Qingzhao’s estimated total declaration amounted to 5,023,588,356 yuan, with an additional debt of 300 million yuan. (Extracted from the private version of the election bulletin)