2023-06-09 04:21:32
Fubon Financial Group (2881) held a shareholder meeting this morning (9th). Cai Chengru, the only son of chairman Cai Mingxing, entered the board of directors of the financial holding company, which is regarded as the “start of the third generation succession”. Cai Mingxing talked regarding his son for the first time in the interview following the meeting. He felt that he “loves sports and is a very sunny person”. When asked regarding his son Cai Chengru joining the board of directors of the financial holding company, what plans do he expect for him? Cai Mingxing said that he hoped that he would go to the board of directors to experience and learn more.
From the perspective of a father looking at his son, Cai Mingxing joked that Cai Chengru is “a sports-loving, very sunny person. But the son thinks that his father’s basketball is too bad…”. As for any words of encouragement to Cai Chengru? Cai Mingxing said that he has gradually entered the core of the operation, extensively understands various operational issues, understands where are the risks, and where is the core value? This time, I hope that he will join the board of directors of the financial holding company, and I hope that he can learn extensively. There are financial industries in all walks of life. I believe it is a good learning opportunity.
When asked regarding Cai Chengru’s performance in entering the financial control system? Cai Mingxing talked regarding his son and said that his first job was in the life insurance business following he came back. Cai Mingxing said that he hoped that Cai Chengru would start training in the life insurance business, and the interaction with the business team is also very important. A few years later, I switched to financial technology, and then I went to education, venture capital, etc., and I only went to the company to learn investment a few years ago. In the past few years, I have rotated many units.
As for Cai Chengru’s mission to enter the board of directors? Cai Mingxing responded that in the future, he will focus on life insurance, investment and other businesses. Life insurance companies are the most complicated of all financial industries, including actuarial calculation, business, claims settlement, underwriting, customer service…every link is very important, the whole process is very long, and “investment also needs to make money, and there are many things to learn”, he Emphasize that there is still much to learn.
For the prosperity of the second half of the year? Cai Mingxing said that the economy is gradually recovering, the global inventory ratio is high, and all walks of life are digesting inventory. The overall recovery speed is slower than expected. The negative growth of Taiwan’s export sales has narrowed from last month, from 20% to 30% to 10%. , Fortunately, domestic demand is still quite strong. Epidemic prevention insurance pays nearly 300 billion yuan in compensation and 6,000 yuan in cash. Restaurants have no seats, lack of work, etc. The hot domestic demand is slightly “neutralized” by the cold export, and the overall economic growth will not grow. would be that bad.
This time Huida founder Huang Renhui returned to Taiwan to create a whirlwind. Cai Mingxing is also optimistic regarding the AI artificial intelligence industry, and there is a lot of room for future development. He said that the main members of the entire AI supply chain are in Taiwan, injecting new life into Taiwan’s high-tech industry. Other industries, including the technology industry, are benefited, and the financial industry is connected. The overall economy is good, and the financial industry will be good.
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Ye Yiru, Special Correspondent of Yahoo Finance: 22 years of experience in financial mainstream media, from the bubble of Web1.0 in 2000 to Web3.0 of the Meta universe, witnessed the history of the rise and fall of large and small business groups in Taiwan, and experienced five international financial crises. Think that finance is life, omnipresent, no matter how difficult financial management knowledge should be explained in a simple way. No matter you are young or old, you should manage money. If you don’t manage money, money will ignore you.
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