Shin Kong Group Explained

Shin Kong Group
Foundation:1945
Location:66, Sec.1, Chung-Hsiao W. Rd., Taipei, Taiwan (Shin Kong Life Tower) 10018
Key People:Eugene Wu

The Shin Kong Group is a large enterprise group in Taiwan, the group traces its origin back to the establishment of the Shin Kong Store in 1945 by group founder . The Shin Kong Store was engaged in the trading of fabrics and the import and export of sugar and tea. Wu created the name "Shin Kong" from the first Chinese character in the name Hsinchu, the city where he was born, and the first character in the given name of his business benefactor .

In 1951, Wu extended Shin Kong's reach in the textile industry with the founding of Shinkong Spinning Co., Ltd. The company steadily expanded into other industries with the establishment of Shinkong Insurance and in 1963 and the Great Taipei Gas Corporation in 1964, setting a strong base for the company's future. In 1986, Eugene Wu assumed the chairmanship of the group. The group subsequently established in 1992 and completed the landmark Shin Kong Life Tower in Taipei the following year. Since then, Shin Kong has steadily diversified and grown to become an integrated business with operations covering the financial, security, manufacturing, consumer, medical, and philanthropy sectors.

Shin Kong Financial Holding Co., Ltd. (SKFH) was founded as a publicly listed company in 2002.[1] Through its subsidiaries Shin Kong Life Insurance, Shin Kong Bank, MasterLink Securities, Shin Kong Investment Trust, Shin Kong Property Insurance Agency, and Shin Kong Venture Capital, the company provides financial instruments.

Financial Services
Security Services
Manufacturing
Consumer Services
Medical, Philanthropic and Public Services

Notes and References

  1. Web site: 2022-04-02 . Shin Kong director's proposal raises talk of a Taishin merger - Taipei Times . 2023-10-25 . www.taipeitimes.com.