Come back to Formosa Plastics! Wang Wenxiang broke the 30 billion crisis and Wang Xuehong’s 3 sisters appeared to support their brother | Finance | Sanli News Network SETN.COM



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Reporter Dai Yuxiang / Taipei Report

Today (30), the son of the late founder of Formosa Plastics Group, Wang Yongqing, and the president of JM Eagle, Wang Wenxiang, of the “God of management”, participated in the testimony and exchange session of Wang Wenxiang “Guided life For God’s sake “held by Taipei 101 Church, telling the story of JM Eagle In the fourteenth year of the lawsuit, family members also attended court. Third Sister Wang Xuehong, Older Sister Wang Guiyun, and Second Sister Wang Xueling were all in the front row to listen to and support their brother.

▲ Wang Wenxiang, president of JM Eagle, described the 14-year lawsuit the company faced. (Photo / Obtained from Taipei 101 Church Live Public Broadcast)

▲ Wang Wenxiang took the stage to give a speech and the third sister, Wang Xuehong, applauded her younger brother. (Photo / provided by Sanli News)

At the exchange session, Wang Wenxiang and his wife Wang Fanwenhua took the stage to share the 14-year history of the JM Eagle lawsuit. Wang Wenxiang said the incident occurred in 2006 when he fired the employee who wanted to withdraw the customer’s deduction. Didn’t expect this employee to find A team of professional journalist lawyers brought a false accusation against JM Eagle, prompting prosecutors to unannounce 19 factories and nearly 1,000 pipelines. The US judicial department also seized more than 10,000 documents. This once faced him with at least US $ 1 billion (about US $ 29.3 billion) in compensation.

▲ Wang Wenxiang and his wife Wang Fan Wenhua faced a hefty price tag of at least $ 1 billion (about New Taiwan $ 29.3 billion). (Photo / Obtained from Taipei 101 Church Live Public Broadcast)

Wang Wenxiang said, “I was not willing to pay all the claims at that time, just to stick to my innocence and my principles.” And this was not only because of the reputation of his father Wang Yongqing and himself, but also because of all the Taiwanese companies operating in the United States. I really can’t be ashamed. . Finally, on June 5 of this year, the court ruled that JM Eagle was deductible.

But there is not just one difficult thing. During the lawsuit, Wang Wenxiang also suffered from stage 4 nasopharyngeal cancer. Wang Wenxiang said, “Family companionship and prayer have become his most important dependency, showing the importance of faith to him.”

▲ Wang Wenxiang took the stage to give a speech, the third sister Wang Xuehong, the older sister Wang Guiyun and the second sister Wang Xueling listened in the first row. (Photo / provided by Sanli News)

On the issue of returning to Formosa Plastics, Wang Wenxiang said in an interview that, first of all, JM Eagle and Formosa Plastics are not competitors, and his father Wang Yongqing is willing to sell him with confidence, saying that his father is also on the side. according to its management and operation.

In fact, Wang Wenxiang expressed his willingness to return to the group to help after his father’s death, but it was deemed that he was inexperienced at the time. Now, because Formosa Plastics Group Chairman Wang Wenyuan has repeatedly expressed his desire to retire, he has proposed to resign again after more than 10 years. Back to Formosa Plastics.

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