Formosa Plastics Group President Wang Wenyuan (middle). (Photo/photo by reporter Yu Xian)
from Taiwan media "ETtoday News Cloud" reported that Formosa Plastics Group held an annual meeting on the 21st, with 86 tables on the table, with a bonus of 2.03 million ( New Taiwan Dollars , the same below) and the largest prize is the president's prize of 100,000 yuan in cash. Although Wang Wenyuan, president of Formosa Plastics Group, attended happily, he was still low-key and silent to be a "silent president" and did not come to the stage to deliver a speech. Lin Shanzhi, general manager of the Formosa Plastics General Management Office, said that in 2019, Formosa Plastics Group's total revenue was 2.039 trillion yuan, a yearly decrease of 15% from 2.4 trillion yuan in 2018, and pre-tax profit was 207.4 billion yuan, which also declined by 46.75% from about 389.5 billion yuan in 2018, almost halved. Taiwan's economic development relies on export trade. In 2019, trade with mainland China accounted for 41% and 12% on the United States. The start of the trade war has a very great impact on Taiwan's economy.
Lin Shanzhi said that although the group has predictions about the difficulties in operation and the prosperity will go bad, in order to take care of employees, the more the economy is, the more you need to take care of employees, you have to work harder. Last year, you changed the calculation formula of the year-end bonus and issued a 494-month year-end bonus and an additional red envelope of 20,000 yuan, which means that the actual year-end end of this year will reach 5.42 months.
