Koo Cho-liang to take over TCC? Chang An-ping: Successor to be elected by shareholders
Amid speculation that Chinatrust Financial Holdings' major shareholder Koo Cho-liang, who has been increasing his stake in TCC, will become its next chairman, TCC Chairman Chang An-ping stated that TCC is a listed company and the ultimate successor will be elected by shareholders. Chang An-ping also denied any connection between the San Yuan Energy fire and Koo Cho-liang's share purchases.
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- 📰 Published: May 2, 2026 at 20:21
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Central News Agency
(Central News Agency reporter Ho Hsiu-ling, Taipei 2nd) Chinatrust Financial Holdings' major shareholder Koo Cho-liang has been continuously increasing his stake in TCC since late December last year through his own funds and loans. TCC's board will undergo re-election next year, and it is rumored that Koo Cho-liang will join TCC's board of directors, becoming the top candidate for succession. In response, TCC Chairman Chang An-ping stated that TCC is a listed company, and "anyone, of any surname, can buy (TCC) shares." The successor will ultimately be elected by the shareholders.
Koo Cho-liang began buying TCC shares from late December last year. As of April 23 this year, he holds 6.42% of TCC, becoming its largest single shareholder. TCC's 80th-anniversary celebration was held today, with external focus on whether Koo Cho-liang would attend, but he ultimately did not appear.
Chang An-ping responded after the event to recent rumors about Koo Cho-liang's stake. The market rumored that TCC's rich assets attracted market players to buy shares. Chang An-ping said that TCC is a listed company, and anyone can buy shares. Regarding the idea of succession and handover, he said that anyone who believes in TCC's philosophy can be a successor to TCC, and ultimately, shareholders will elect the successor.
As for whether he had met Koo Cho-liang face-to-face to discuss the share purchase, he told a Central News Agency reporter that it is normal for them to meet at family gatherings, "How could we not meet?" When asked if the San Yuan Energy fire was an opportunity for Koo Cho-liang to buy shares, Chang An-ping stated that the fire occurred in July last year, and the board re-election will take place next year, so the time gap is too long. He called the related reports "too imaginative."
He stated that the San Yuan Energy fire was a major blow he had never faced in his many years of career, causing immense pressure and making him constantly reflect on why the fire occurred. He said that San Yuan Energy is a technology business and will continue to evaluate various development methods.
As for whether he will continue as chairman next year, he said, "We'll talk about next year's matters next year." (Editor: Yang Lan-hsuan) 1150502
(Central News Agency reporter Ho Hsiu-ling, Taipei 2nd) Chinatrust Financial Holdings' major shareholder Koo Cho-liang has been continuously increasing his stake in TCC since late December last year through his own funds and loans. TCC's board will undergo re-election next year, and it is rumored that Koo Cho-liang will join TCC's board of directors, becoming the top candidate for succession. In response, TCC Chairman Chang An-ping stated that TCC is a listed company, and "anyone, of any surname, can buy (TCC) shares." The successor will ultimately be elected by the shareholders.
Koo Cho-liang began buying TCC shares from late December last year. As of April 23 this year, he holds 6.42% of TCC, becoming its largest single shareholder. TCC's 80th-anniversary celebration was held today, with external focus on whether Koo Cho-liang would attend, but he ultimately did not appear.
Chang An-ping responded after the event to recent rumors about Koo Cho-liang's stake. The market rumored that TCC's rich assets attracted market players to buy shares. Chang An-ping said that TCC is a listed company, and anyone can buy shares. Regarding the idea of succession and handover, he said that anyone who believes in TCC's philosophy can be a successor to TCC, and ultimately, shareholders will elect the successor.
As for whether he had met Koo Cho-liang face-to-face to discuss the share purchase, he told a Central News Agency reporter that it is normal for them to meet at family gatherings, "How could we not meet?" When asked if the San Yuan Energy fire was an opportunity for Koo Cho-liang to buy shares, Chang An-ping stated that the fire occurred in July last year, and the board re-election will take place next year, so the time gap is too long. He called the related reports "too imaginative."
He stated that the San Yuan Energy fire was a major blow he had never faced in his many years of career, causing immense pressure and making him constantly reflect on why the fire occurred. He said that San Yuan Energy is a technology business and will continue to evaluate various development methods.
As for whether he will continue as chairman next year, he said, "We'll talk about next year's matters next year." (Editor: Yang Lan-hsuan) 1150502