The Chen Family Business History (page 4)
Besides these family owned businesses, the Chen family has invested and own significant parts of some of the largest and most profitable businesses in Taiwan. Fong Cherng Fishery Co., Ltd. (F.C.F.) was started by Shui-Lai Chen and close business friends in 1972. F.C.F. has since grown to be the largest import / export trading company of sea products in Taiwan. This international trading company has branch offices all over the world, ranging from places such as Japan to the Falkland Islands, Montevideo to Singapore. Their main buyers include Star-Kist Tuna and Bumble Bee Tuna of the United States. Please visit FCF's website at: www.fcf.com.tw.
The Chen family also owns a large portion of Kwang Yang Industries Co., Ltd. (also known as "KYMCO"). KYMCO Industries is a self-operated and Taiwanese owned division of the Japanese Honda located in Taiwan whose founders also include Shui-Lai Chen. KYMCO's main industry is the production of motorcycles which are sold not only in the domestic market but internationally as well. KYMCO has exploded into the market in China as well and has set up two large factories there. Using domestic as well as foreign parts and domestic labor, KYMCO has managed to link Taiwanese and Chinese business interests and in the meantime outsell every other foreign motorcycle manufacturer. Understandably, KYMCO is listed as one of the top ten companies in Taiwan. Please visit their website at:www.kymco.com.tw.
For almost 40 years, the Chen family has continually led the Taiwanese shipbuilding and fishing industry into new directions and new areas of opportunity on the worldwide market. Today, as this legacy of achievement continues in its third generation, the Chen family continues to privately own and run several of their various companies. In addition, family members continue to be present on the boards of some of Taiwan's most successful companies. Positively, the Chen family business record is extremely strong and commanding. Already a major player in many industries, the family is always eager to embark into new areas of business. The Chen family's continuous successes combined with its vast capital base, guarantees the Chen family's present and future business partners and clients that they are working with one of the most capable and accomplished family and companies in Taiwan.
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