One third of local Taiwanese businessmen in Kunshan, Jiangsu have evacuated? Make a strong statement on the commercial capital increase action in mainland Taiwan!

Recently, a media report on the island claimed that one-third of local Taiwanese businesses in Kunshan, Jiangsu have evacuated, and most of the remaining factory capacity has also been transferred, which has attracted attention from the business community and public opinion on both sides of the Taiwan Strait.

The Taiwan Industry Association conducted a survey on the investment and operation situation of Taiwanese businessmen, as well as their future investment trends, specifically targeting the "rooted Taiwanese businessmen" who invest in mainland China among their member companies. The survey found that under the influence of geopolitical conflicts such as the Sino US trade war and the Russia-Ukraine conflict, although more than half of the surveyed Taiwanese businessmen said they would choose to "increase investment outside the mainland", nearly 90% said they would not move out of the mainland production line or supply chain. A reporter from the People's Political Consultative Conference (CPPCC) conducted an investigation on this topic in several provinces and cities where major Taiwanese businessmen, such as Shanghai, Kunshan, and Fujian, are concentrated in mainland China.

The journalist's investigation found that the survey results of the interviewed Taiwanese businessmen and the "Industry Association" on the island are similar. Taiwanese businessmen still have a positive outlook on the long-term development of the mainland market and find it difficult to find production environments and supply chain scales with the same conditions in other regions. Therefore, they not only do not consider withdrawing from the mainland market, but also use capital increase to express their confidence in the mainland market.

The support provided by the mainland to Taiwanese businessmen and enterprises is "one and only, no other code"

"At present, the world economy is becoming more unstable and uncertain, and the development of enterprises is facing many challenges. The mainland economy has been improving for a long time. In the process of promoting high-quality development, it has demonstrated super resilience, huge development potential and full vitality. The process of Chinese path to modernization provides a wealth of development opportunities for Taiwanese businesses and Taiwanese enterprises. Throughout the world, the support provided by the mainland for Taiwanese businesses and Taiwanese enterprises in all aspects can be described as' one man, no other man '." At the new member congress of the National Taiwan Enterprise Confederation held recently, Li Zhenghong, president of the Shanghai Association of Taiwan Affairs and chairman of Shanghai Guanlong Valve Energy Saving Equipment Co., Ltd., was elected as the new president. The 30 years of investment and development in mainland China were also the golden 30 years for his business to soar. In 2022, "Guanlong Valve" was listed on the Shenzhen Stock Exchange.

"We are a generation that dare to take risks and are lucky children of the times. Since Chinese Mainland established the economic development strategy of reform and opening up, every five-year plan has clearly pointed out the country's development path and direction, and the detailed plan clearly outlines the current five years and future national economic prospects, so that we can see the possibility of sustainable development in the mainland. For our generation of Taiwanese businessmen, who can closely follow the development focus and support goals of Chinese Mainland, and combine with the development context of international trade, who can take root in Chinese Mainland." Li Zhenghong was very pleased and proud when talking about the development history of his own enterprises in the past 30 years. He introduced that the products produced by "Guanlong Valve" have been used in many national major projects and landmark buildings, such as the Three Gorges Dam of the Yangtze River, the Oriental Pearl TV Tower, Beijing Daxing Airport, Hong Kong Zhuhai Macao Bridge, Pudong Airport, Water Cube, etc.

In Li Zhenghong's view, Taiwanese businesses and enterprises still have huge development space in mainland new energy industries such as communication electronics, semiconductors, biopharmaceuticals, agricultural innovation technology, cultural and creative industries, and even traditional industries such as textiles, footwear, and petrochemicals. "Taiwan enterprises have accumulated a lot in these industries, some of which have reached the international leading level. What they are fighting for now is who dares to seize the momentum of high-quality development in various fields of the country, follow the trend, explore the capacity transformation in intelligent manufacturing, digital economy, artificial intelligence and other aspects, and win a share of their own high-quality development in the process of participating in Chinese path to modernization." He analyzed that.

Kunshan Taiwan Commercial Bank's Capital Increase and Production Expansion Break the False News of "Evacuation"

In early summer, the new factory area of Taiwanese enterprise Kunshan Maji Electronics Co., Ltd. is undergoing intensive construction, with an expected annual output value of 1.2 billion yuan after completion and completion. Zhao Yitai, the chairman of the company, said, "Choosing Kunshan means choosing the future. We will take root in the mainland market and make our enterprises bigger and stronger." Recently, the media on the island hyped up false news that "one-third of local Taiwanese businessmen in Kunshan have withdrawn", which was publicly refuted by Ma Xiaoguang, spokesperson for the Taiwan Affairs Office. According to statistical data from the Taiwan Affairs Office of Kunshan City, the actual investment of Taiwanese businessmen in Kunshan continues to grow. In the past three years, the city has approved 600 new Taiwan funded projects, 179 additional investment projects, and a total of 7.221 billion US dollars in new investment.

Maji Electronics is a Taiwanese youth start-up enterprise that settled in Kunshan Huaqiao Economic Development Zone in 2012. It mainly engages in the design, production, and sales of integrated power inductors. Its products have the advantages of high current resistance and space saving, and are widely used in various chip intelligent devices in the 5G industry.

Zhao Yitai initially came to Suzhou as a Taiwanese company's dispatched branch. In 2012, he and several Taiwanese youths planned to collaborate and venture into a new business. "We searched everywhere for suitable places for innovation and entrepreneurship in Taiwan, and soon were attracted by the unique geographical advantages of Kunshan, the living environment where Taiwanese businessmen gather, and the innovative service concept. We chose to establish Maji Electronics Co., Ltd. in Huaqiao. Looking back at the entrepreneurial process, he was quite moved.".

Benefiting from the rapid development of the electronic communication industry in mainland China, especially with the arrival of the new 5G infrastructure, Maji Electronics has also taken wings to soar. Its annual operating revenue has rapidly increased from 430000 yuan in 2013 to 340 million yuan in 2022, with an average annual growth rate of over 30%. Zhao Yitai stated that although affected by the epidemic in recent years, with the meticulous care and assistance of local government departments in Kunshan, the company has quickly recovered and its output value has skyrocketed. In this context, the original factory of Maji Electronics was no longer able to meet production needs, so a new factory area was launched in the second half of last year. The new factory area has an investment of 500 million yuan and covers an area of 37.6 acres. It will be committed to building a digital intelligent chemical plant.

Like Maji Electronics, Jiangsu Futai Purification Technology Co., Ltd., a Taiwanese company located in Lujia Town, Kunshan, is also increasing its capital and expanding new factories. Futai Purification, which settled in Kunshan in 2002, is a high-tech enterprise that designs, produces, and sells industrial air purification equipment. It has been selected as a "Gazelle" plan enterprise in Jiangsu Province and named a specialized, refined, and new enterprise in Jiangsu Province. Its core product, the fan filtration unit, leads the industry standard in technical parameters and has a high competitive advantage in the market.

"The huge market for purification equipment in mainland China has driven our business to grow rapidly," said He Jiayue, Deputy General Manager of Futai Purification. Last year, the company's output value was about 200 million yuan, and it is expected to reach 300 million yuan this year. The company is continuously increasing its research and development investment, including investing more than 20 million yuan to build the largest and highest purification level dust-free laboratory in China.

Another Taiwanese company, Xianliang Automotive Parts Co., Ltd., has also converted the 40 million yuan surplus from last year into capital increase, continuing to increase investment in Kunshan. Xianliang settled in Kunshan in 2009 and mainly engages in the research and production of car lock cylinders, remote control keys, motor controller housings, and lighting fixtures. Now, with strong strength, it has entered the first tier of China's lock cylinder key industry, with a market share of 20%.

In the first quarter of this year, Xianliang not only secured production, but also gained many new customers and orders, with a projected annual revenue of over 500 million yuan. The chairman of the company, Wang Xianzong, said, "The Kunshan Municipal Party Committee and Government have created a favorable business environment for enterprises. I feel that they have the intention and dedication to ensure that our enterprises can develop here with peace of mind, ease of mind, and comfort. Therefore, we will stay here for sustainable operation."

"With the support of Kunshan's tireless efforts to optimize the business environment, old friends have doubled their confidence, increased their investment and production, and new friends have come to accelerate their layout." Wan Haoming, Director of the Kunshan Municipal Taiwan Affairs Office, pointed out that Taiwan funded enterprises in Kunshan maintain a strong development momentum in transformation and upgrading, increased investment, and seizing new opportunities. Among the 5832 Taiwan funded projects approved for establishment, 2640 have chosen to continue capital increase, including the $1.8 billion capital increase and capacity expansion project of Youda Optoelectronics and the $588 million high-frequency substrate project of Dingchangxin Electronics, which fully reflects the confidence and determination of Taiwanese enterprises to develop in Kunshan.

■ has no confidence. Since then, Taiwan's industrial and commercial circles have been visiting mainland China.

Recently, Lin Bofeng, the Chairman of the Taiwan "San San Hui", an important business organization on the island, led a delegation to attend the Suzhou Development Conference held in Suzhou. The attendees who followed him were all entrepreneurs from large elite enterprises on the island.

"Taiwanese businessmen must never ignore the mainland market, because Taiwan itself has a narrow market. In order for Taiwanese enterprises to develop and grow, they must rely on the mainland market and cooperate with the mainland." When it comes to the willingness of Taiwanese businessmen to invest in the mainland market, he analyzed and predicted.

According to incomplete statistics, from the beginning of this year to the beginning of summer, nearly a hundred Taiwanese business groups visited the mainland. Through practical actions, Taiwanese business people have sent a clear signal: Taiwanese businesses need to work together with the mainland business community to achieve high-end, intelligent, and green transformation and upgrading, and both sides will grow and grow together, transforming the potential for cross-strait economic integration and development into the driving force for "cross-strait cooperation to earn money from the world".

Liu Zhaoxuan, Chairman of the Taiwan side of the Cross Strait Entrepreneur Summit, believes that the vast market space and unlimited business opportunities on the mainland, especially the economic prospects after the epidemic, have shown the interests of cross-strait exchanges and exchanges to Taiwanese businesses. "We have received strong expectations from representatives of the Taiwanese business community to strengthen and restore cross-strait exchanges and exchanges. We hope that in the future, the industry on both sides of the Taiwan Strait can leverage their complementary advantages, jointly explore the domestic and global markets on the mainland, and achieve mutual benefit and win-win results in participating in high-quality development," he said.

According to statistics released by Taiwan's economic department, Taiwan's exports fell 19.2 per cent in the first quarter of this year from a year earlier, the biggest decline in 14 years, while Taiwan's exports to the mainland reached 565 million yuan in the first quarter, up 8.4 per cent from a year earlier. "the volume of cross-strait trade accounts for more than 40 percent of Taiwan's total exports, from which Taiwan gains a surplus of more than US $100 billion a year. If there is no surplus with the mainland, Taiwan's economic situation can only be said to be even worse."

Miao Fengqiang, chairman of Taiwan's Federation of Industries, believes that Taiwan's economic development is highly dependent on export-driven, while the mainland has long been Taiwan's largest export market and source of the largest trade surplus. From the perspective of geography and industrial structure, the closer and harmonious economic and trade relations between Taiwan and the mainland are, the more conducive to promoting economic development, and vice versa.

The mainland is the most important area for Taiwan's trade and investment. Only with the continuous deepening of cross-strait industrial cooperation and the continuous strengthening of mutual benefit and win-win results between the two sides, can the vast number of Taiwan businessmen and enterprises deeply participate in the development process of Chinese-style modernization, be mutually beneficial and win-win in participating in high-quality development, and become the beneficiaries of Chinese-style modernization and the winners of the Chinese nation's economy.