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September 24, 2017

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Hon Hai chairman Terry Gou's winning bid purchases Lishan Tea

TAIPEI, Taiwan -- Hon Hai Precision Industry Co. (鴻海精密) Chairman Terry Gou (郭台銘) yesterday won a bidding match to purchase Taiwan's top-notch Lishan Tea at a cost of NT$1 million per kilogram, and part of it will be sent to TSMC Chairman Morris Chang (張忠謀) as a gift.

Lishan Tea, known as "the King of Teas" in Taiwan, is famous for its texture and great taste across the Taiwan Strait.

A Lishan Tea appraisal and press conference, sponsored by the Agriculture Bureau, Taichung City Government, was held yesterday to promote this specialty of Taiwan. Taichung Mayor Jason Hu (胡志強) participated in the event as well.

In order to show his support for Taiwan's Lishan Tea, Terry Gou dispatched a representative to participate in the bidding held at the event. Gou allegedly instructed to bid as high as necessary without limits.

In addition to Gou, Samuel Yin (尹衍樑), the chairman of Taiwanese conglomerate Ruentex Group (潤泰集團) and Taichung Judicious Creative Architects Association also entered the bidding as a gesture to support Taiwan's agricultural development.

Gou said that he will give part of the tea to his mother as a gift, another part will be sent to TSMC Chairman Morris Chang (張忠謀) also as a gift. Gou said that Chang is an entrepreneur who deserves a lot of his respect. Another portion will be sent to an elders association in Taichung.

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