Wang started by salvaging sunken ships, and then he started to dismantle ships, and then he started to scrap iron and wires and cables. Although he didn't achieve much, he did dominate Tainan, but after he became a politician, he went from Kaohsiung City Councillor, Deputy Speaker, Speaker and Mayor to National Policy Advisor of the "Presidential Office" in Taipei City. 1967, Wang was appointed as the deputy director of the Kaohsiung Party Department of the Kuomintang, and his position was extraordinary. After Wang Zai 1987 was appointed as a "national policy adviser", his market in the political field was not as good as before. As a result, Wang actively participated in the business world, and was almost invincible by virtue of his personal network resources accumulated in politics for decades. First, it set up a joint venture with Chunyuan Iron and Steel and Huaxin Lihua wire and cable to establish Lianming Stainless Steel, then set foot in the financial industry, and successively set up Fu Yuan Securities and ZTE Bank.
At the beginning of 1996, Wang decided to set up ZTE Financial Group in Kaohsiung with a capital of NT$/kloc-0.8 billion, spanning banks, securities, futures and insurance. Wang owns two listed companies, Huarong Wire and Cable and First Steel, with a market value of * * * reaching $654.38+04 billion. In addition, it also owns the largest Taiwan Times in Tainan.
abscond
On April 26th, 2007, Wang, the former chairman of ZTE Bank, was sentenced to 7 years and 5 years' imprisonment by the "High Court" of Taiwan Province Province for the crime of illegal lending and breach of trust. Because Wang's household registration is in Kaohsiung City, the Taipei District Inspection Office entrusted the Kaohsiung District Inspection Office to execute it on his behalf several months ago.
In August, 2007, the Executive Division of Kaohsiung District Inspection Office issued two enforcement notices, informing Wang to serve his sentence in the case within a time limit. Wang didn't ask for leave twice and didn't report for duty. The media said that he had fled to the mainland. Most of Wang's relatives are no longer in Taiwan Province Province. Police investigators visited Wang's driver, housekeeper and others, and most of them said they didn't know Wang's whereabouts. The prosecutor said that according to Wang's illness, he must take medicine regularly. From all indications, he probably fled the country. According to the pipeline verification, Wang lives in Jiangsu and Zhejiang provinces on the mainland.
Taiwan Province's "Sea Guard" concluded that it was very possible to smuggle people by fishing boat from Penghu, and it was facilitated by the northern gangs. The way and route of Wang's smuggling did not come out late. Some people say that he went to Fujian by speedboat via Kinmen. However, the relevant personnel of the "Sea Guard" integrated the intelligence analysis of various pipelines. In April 2007, Wang went to Jinmen for the mainland via mini-three links, and was "broken off" by the personnel of the "Sea Guard", and returned to Taiwan by plane on the same day.
The personnel of the "Sea Guard" said that the passenger list of the "Taihua Ship" from Kaohsiung to Penghu in May 2007 included the name of one of Wang's younger brothers. Afterwards, it was reported that Wang arranged to go to the mainland by fishing boat through the gang.
stop
According to Taiwan Province China Times, Wang, a former "national policy adviser" and former mayor of Kaohsiung, who was sentenced to seven years' imprisonment for the loan-exceeding case of ZTE Bank in Taiwan Province Province, died of a heart attack in Beijing on August 17, 2009, at the age of 82.
Wang's friends pointed out that after Wang went to the mainland, he lived in seclusion in Hangzhou, Shanghai and Beijing, kept a low profile and kept out of contact with the outside world, and even missed his former political friends. Nanbatian, who once dominated politics and business, became an economic fugitive, making him unhappy all day. As a result, the health of the river is getting worse and worse, suffering from cancer, heart disease, hypertension, diabetes and other serious diseases, and hurting the spine. It is often necessary to massage the spine with a rotary massage machine to relieve the whole body pain. I spent most of these two years in and out of the hospital and finally died in a foreign land.