Turning Family Business: Dadi Electric's Chairman, Lin Zhiming, Enters the Emerging Stock Market to Transform the Family Business

Reported 12 months ago

Starting in 2022, Taiwan Power Company has been promoting a ten-year 'Resilient Power Grid Project,' benefiting heavy electrical and wire and cable industry companies and sparking a 'surge stock boom' in Taiwan stock market. Dadi Electric, a 70-year-old player among Taiwan's four suppliers of 345kV ultra-high-voltage power cables, made the decision to enter the emerging stock market in 2024. Chairman Lin Zhiming aims to break away from the family business and traditional industry stereotypes, leading the company on a new path. Known for its quality electrical wires and cables, Dadi Electric secured significant orders from Taiwan Power Company and is strategically positioned to seize opportunities in energy transformation.

Source: YAHOO

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