Hu Caiping criticizes Zhang Shanzheng: Taoyuan Mayor’s ignorance and incompetence led to the resolution of three TSMC Longke cases

Taoyuan Mayor Zhang Shanzheng has been questioned recently. While the whole world is vying for investment from TSMC, Taoyuan under Zhang Shanzheng has driven TSMC away, causing Taoyuan to miss three golden years of industrial upgrading. Financial Internet celebrity Hu Caiping published an article detailing the relevant controversies since 2022, questioning Zhang Shanzheng. Not only did Zhang Shanzheng claim that the news that TSMC was settling in Taoyuan was a political manipulation of the Democratic Progressive Party, Zhang Shanzheng never even attended any meeting, and never cared about or coordinated. , instead of appeasing the residents, the second phase of the Zhongke expansion was launched at the same time as Longke 3. The land was handed over to TSMC in June last year. TSMC will also move into Jiake in 2024. Even the "Southern Science and Technology Special Zone", which was launched later, also completed the collection of the "Special A Zone" in June this year. Hu Caiping also ridiculed Zhang Shanzheng’s understanding of the technology industry. He can definitely compete with Jiang Wanan’s English, “I don’t know who is worse.”

Hu Caiping pointed out in a Facebook post that 2022 will be a wake-up call for the entire northern Taiwan manufacturing industry, because that year, the semiconductor industry revenue of the Southern Science Park surpassed the Hsinchu Science Park for the first time. That year was also the year when TSMC's Arizona plant moved machines. This was an important political achievement of former U.S. President Biden. He personally participated in the machine relocation ceremony, and a large crowd gathered on the day.

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Hu Caiping said that it was against this background that the Taoyuan City Government was prepared for the crisis and mobilized vigorously to fight for the "Longtan Science Park Phase 3", hoping that TSMC could set up a factory in "Longtan Science Park Phase 3". In 2021, TSMC personnel have already appeared at the local site to survey, and there are even fast-moving builders who immediately entered the site to take over the land.

On October 31, 2022, news came out that TSMC’s first nanometer factory was about to settle in Taoyuan. TSMC rose 2.77% that day, driving the Taiwan stock weighted index to rise continuously. Taiwan stocks were really cheap at the time. The closing price of TSMC that day was 390 yuan, and the Taiwan stock weighted index was 12,949 points.

Hu Caiping questioned that the most surprising thing to her was Zhang Shanzheng's reaction the next day. At that time, he was running for Taoyuan mayor under the banner of technology mayor. However, he told the media on November 1, 2022 that this was completely an election operation by the Democratic Progressive Party.

Hu Caiping emphasized that in fact, anyone who cares about Taiwan's semiconductor industry knows that TSMC may build a nanometer factory in Taoyuan, because Longke Phase 2 already has a COWOS factory, and Longke 3 is right next to it. TSMC people have already inspected the local site before. This is unlikely to be an "election operation." Probably no one in Taiwan's technology industry would say that, but Zhang Shanzheng said it.

Hu Caiping criticized that Zhang Shanzheng did not know that TSMC had been preparing for a long time and wanted to build a nanometer factory in Longtan. He did not know that the financial media in Taiwan and even the world were chasing this news. He did not know that the capital market was already boiling over it. He calls himself the Mayor of Technology, but he doesn’t know about it.

In October 2023, Longkesan was defeated in the fierce struggle of local residents. This is a factory plan that TSMC began to study in 2019. The Taoyuan City Government team fought for three years at that time. Northern Taiwan watched helplessly as Nanke was about to surpass Zhuke. The Taoyuan City Government was afraid of the loss of manufacturing and tried its best to fight for it. Su Zhenchang personally Arriving at the scene to announce the launch of Longke 3, Zheng Wencan said that whether it is the general collection of Longke 2 or the section collection of the Aviation City, the Taoyuan City Government will go all out. Taoyuan City Second District Legislator Huang Shijie has gathered more manufacturers in the first phase of the Young Lion Industrial Zone to apply for the expansion of the Young Lion Phase 2 to allow TSMC suppliers to move in. Everyone is ready.

However, such a big case, a US$30 billion wafer fab, and a whole series of supply chain cases, even though Zhang Shanzheng never attended any meeting, never cared about, did not coordinate, did not appease residents, and did not try to retain TSMC, it created the only incident where TSMC set up a factory in Taiwan.

Hu Caiping emphasized that Zhang Shanzheng had already been elected mayor at that time. He was the person with the most administrative means to mediate and coordinate. There were a lot of administrative means to choose from, whether it was leading land exchanges, switching to section expropriation, building first and moving later, or renting subsidies. Many means could help residents and allow TSMC to stay. But he chose to let the case get solved.

Hu Caiping questioned that this is how Zhang Shanzheng treats the world's first-class companies. It is exactly like how they let the world-class Tokyo Wind Orchestra bring their instruments in the heavy rain. People will mess up things, and it will never be just once. It is a combination of arrogance and incompetence.

After Longke San was defeated, in January 2024, the first phase of the Chiayi Science Park was about to be completed, and news came out that TSMC's advanced packaging and testing plant was about to move in. The media asked Zhang Shanzheng again, does this case mean that TSMC chose Chiayi and gave up on Taoyuan? Zhang Shanzheng's reaction turned out to be "election manipulation" again. He believed that the Jiake case was an election manipulation by the DPP. This was the second time. He said that the DPP had manipulated elections twice in a row.

Hu Caiping criticized, "Oh my God, the Jiake case is the work of Weng Zhangliang's painstaking efforts. The manufacturing conditions in Chiayi cannot be compared with Taoyuan, the hometown of PCB, but Weng Zhangliang still solved the matter. He traveled around and explained to the outside world. The Jiake case is almost watched by the whole Taiwan, but Zhang Shanzheng still doesn't know. He actually thinks that the Jiake case is an election operation?"

In March 2024, TSMC entered Jiake Phase I, completely slapping Zhang Shanzheng’s ignorance in the face. Now the second phase of Jiake has started construction, and it is even rumored that the third phase will be expanded. During the period when the TSMC Longke 3 case was solved, the second phase of the Zhongke expansion, which was launched at the same time as Longke 3, also faced resistance from residents. However, the land for the second phase of the Zhongke expansion was handed over to TSMC in June last year.

The "Nanke Special Area" was launched later than Longke 3. This is a case involving 7 blocks, 375 hectares, and more than 2,600 land owners. It is far three times larger than Longke 3's land, and the number of expropriators is nearly three times. However, the Tainan City Government actually completed the expropriation of the "Special Area A" in June this year and successfully handed over the land to TSMC. In August this year, all seven sections were fully started. The Tainan City Government has completed such a complex and large-scale project, and the construction of TSMC's second nanometer factory on that land has already started.

Hu Caiping bluntly said that all the county and city heads in Taiwan are now like bankers. Every city government team is asking around for companies to invest and who will be foreign investors. We have land here, water and electricity are not a problem, and the roads can cooperate. County and city chiefs are all trembling with fear. They are all striving for investment in the technology industry. Their competitors are not only other county and city chiefs, but also ruthless figures like former U.S. President Biden and U.S. President Trump. County and city chiefs are as well-informed as bankers.

But Zhang Shanzheng knew nothing. In the past, Zhang Shanzheng's most famous deeds were to talk about the Huawei phenomenon and Huawei's miracle, and to praise Huawei to the sky. When the Industrial Research Institute banned the use of Huawei mobile phones, he stood up and cursed the Industrial Research Institute.

Hu Caiping sarcastically said that Zhang Shanzheng did not know that TSMC planned to enter Longke 3, nor did he know that TSMC would set up a factory in Chiayi. He did not know that Nanke A was expropriating a section of a very large project. His information was completely uninformed, and he could mess up the case that came to his door. If he did not fight, did not reconcile, did not surrender, and would not leave, he was exactly like Ye Mingchen in the British-French coalition. He fought a huge defeat for Taoyuan. He is a shameful person and should be remembered in history.

Hu Caiping mentioned that the recent Japanese drama "Until the T-Shirt Dry" became a hit, and the most talked-about line in it is "It's better to get the filter for the person you like as soon as possible." This is the reason why Mayor Jiang Wanan’s body was broken this time, “because the filter is broken”. Hu Caiping emphasized that the filters that people from all walks of life have on Zhang Shanzheng can really be removed.

Hu Caiping emphasized that the total industrial revenue of Nanke Park will officially surpass Hsinchu Science Park in 2023. In May this year, Nanke’s total revenue surpassed Zhuke plus Zhongke. Over the years, large investment cases of more than 10 billion yuan have been in Kaohsiung.

Hu Caiping also sarcastically said, "Congratulations to Zhang Shanzheng, you made it. Your ignorance and incompetence caused the failure of Taoyuan's technology industry." She also called on everyone to quickly remove the filter they have on Zhang Shanzheng. He is not a technology mayor. Zhang Shanzheng’s understanding of the technology industry can definitely compete with Jiang Wanan’s English. “I don’t know who is worse.”