Chen Jinquan

Chen Jinquan

Chen Jinquan is a famous enterprise and financial tycoon in Singapore and Malaysia. His enterprises have made great contributions to the economic and social development and prosperity of Singapore and Malaysia. He has become a visionary and decisive figure in the business and financial circles of Southeast Asia. With the highest Datuk title, he has been promoted as the chief entrepreneur of Malaysia.

Profile

Chen Jinquan, whose ancestral home is Xilu, Chaoyang, Shantou, was born in Xinshan, Johor, Malaysia in 1926. His father, Chen zanqing, was a big businessman. He had a deep friendship with blahin, sudanyi, Johor. Chen Jinquan studied in the local kuanrou school when he was a child, and spent his middle school days in Singapore overseas Chinese middle school. He is intelligent and diligent. He is an excellent student. He is highly valued by his teachers and liked by his classmates. Later, he traveled all the way back to his motherland and received higher education in Beijing. After graduation, Chen Jinquan returned to Indonesia to inherit his ancestral business. From then on, he embarked on the journey of business competition and became a business giant in Southeast Asia a few years later.

the early bird catches

So, what makes Chen Jinquan successful: his key to competition is "being good at getting there first". Take the lead and create industry. Chen Jinquan's creed is not inheritance, but innovation. He inherited his father's business. At first, he founded a company, which mainly engaged in the import and export business of mechanical hardware and auto parts. In 1945, Indonesia became independent, and after several years of recovery, it began to become a handicraft industry. Chen Jinquan set up this hardware and auto parts import and export company just one step ahead. After the company was established, it monopolized the market. By the early 1960s, his business was booming. Chen Jinquan's creed is to be updated, farsighted and farsighted. He is not satisfied with the success of import and export business. After repeated weighing, he believes that although Singapore's financial enterprises in the early 1960s were still undeveloped virgin land, they would be developed sooner or later. Those who invested in this field would have great prospects. So he took a few friends from the business community to set up a joint venture Singapore Finance Co., Ltd. to run auto loans and construction industry. Due to the rich capital, a group of competent talents, and Chen Jinquan's excellent business skills and outstanding reputation, the company has developed rapidly and has brought a good prospect to Singapore's financial industry.

Start a bank

After Chen Jinquan had a certain strength in financial enterprises, he further sought a new breakthrough. After in-depth investigation and research, and consulting a large number of data, he made an analysis and forecast of Singapore's economic situation on this basis. Singapore is likely to become one of the world's financial centers, and the development conditions are becoming more and more mature. At the same time, if we want to have enough economic strength to compete with others, we must have our own bank. So in 1965, he established the Asian commercial bank in partnership with Chen Pengze and CAI Puzhong, and Chen Jinquan became the chairman. Chen Jinquan's estimation is not wrong at all. Real life is developing in the direction he predicted, and Singapore has become the world's financial center. His quick and decisive actions fully demonstrated his admirable financial ability and courage. His Asian commercial bank soon became a major bank and expanded from one to two, from Singapore to Hong Kong. In 1968, Chen Jinquan became the chairman of Hang Lung Bank of Hong Kong.

All round development

With the support of the bank, Chen Jinquan was even more hopeful and had a wider range of activities. He soon became a financial tycoon and business tycoon in Singapore and Malaysia. There are more than ten large enterprises in which he holds important positions: huibai group (Meilun Hotel) has become a world-wide large tourism group, with 12 hotels in some famous metropolises all over the world; Singapore Asia Commercial Finance Co., Ltd., Asia Commercial Finance Co., Ltd., federal Finance Co., Ltd., Chen Jinquan Industrial Co., Ltd. and Southern Industrial Co., Ltd , Johor Sugar Industry Co., Ltd., Asia Mining Co., Ltd., etc. Chen Jinquan created his business kingdom by taking the lead.

Chinese PinYin : Chen Jin Quan