Taiwans ＂Car King＂ Yan Kaitai died of illness

Yan Kaitai, CEO of Yulon Group, was once hailed as the king of Taiwan's automobiles during his lifetime.(Internet)

(Taipei Comprehensive News) Yan Kaitai, a well-known Taiwanese entrepreneur and CEO of Yulong Group, died of illness yesterday at the age of 54.

According to reports from Lianhe News, Zhongshi Electronic News and Apple Daily, Yulon Group confirmed the news that the CEO of Yulon Group will be replaced by Yan Kaitai’s wife, former Taiwanese women’s basketball player Chen Lilian, and will operate according to the established direction and track.any impact.

Yan Kaitai suffered from esophageal cancer before, and his condition relapsed after his condition improved. The last public appearance was at the Taipei Auto Show at the end of last year.In June this year, he was absent from the shareholder meeting of the three companies under Yulon because of his foot injury. At that time, there were many speculations from the outside world.

Yan Kaitai is the only son of Yan Qingling, the father of Taiwan's automobile industry. He returned to Taiwan in 1989 to take over the actual operation of Yulon Motors, and was once honored as the young master Zhongxing.

Yan Kaitai took over as chairman of Yulon Group in July 2007, and invested in Dongfeng Yulon in mainland China in 2011.After that, he also invested huge sums of money to build his own car brand Luxgen.

Yan Kaitai was a member of the Kuomintang before his death, and he has publicly supported Ma Ying-jeou on many occasions.When Ma Ying-jeou was re-elected as the president of Taiwan in 2012, Yan Kaitai appeared together with many entrepreneurs to support the 1992 consensus.

Hong Mengkai, spokesman of the Chinese Kuomintang, said last night that Yan Kaitai has always been a very successful entrepreneur in Taiwan and spared no effort in doing public welfare for the society. The Kuomintang deeply regrets it.

Yan Kaitai's friend and Lian Shengwen, a member of the Central Committee of the Kuomintang, also mourned his friend on Facebook last night: Brother Kaitai, thank you for all the good things you have brought to this world.