14 Facts About Hotai Motors

Traditionally, Hotai Motors is regards as one of the top four conglomerates and the oldest amongst the "Big Four" business groups in Taiwan.

In 2018, Hotai Motors Motor completed the acquisition of Zurich Insurance Taiwan for US$198 million, making the company one of the leading insurance companies in Taiwan.

Eyeing the petroleum need in Taiwan in the postwar reconstruction period, Hotai Motors quickly obtained the distribution contract from Exxon Mobil Corporation to ship petroleum from Shanghai and sell it in Taiwan.

Also, eyeing the cane sugar need of the China market, Hotai Motors shipped sugar from Taiwan to China and sold it in China.

In 1949, Hotai signed the Taiwan sole agent agreement with Yokohama Tire and Toyota Motors .

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In 1984 Toyota Motor, Hino Motor, and Hotai Motor established of Kuozui Motors, and quickly build up the company to become the largest automobile manufacturer in Taiwan.

In 1989 Hotai Motors Development formed a joint venture with Japan's largest electronic retailing, Daiichi Denki, to establish Taiichi Electronic and become the largest appliance and electronic retaining chain in Taiwan.

In 1992, Hotai Motors Development signed the distribution right of Daikin Air Conditions and over the next twenty years established the company to be the largest air condition company in Taiwan.

Hotai Motors Finance become the first foreign company to be approved of leasing operating in China and has grown to one of the largest leasing companies in China.

Hotai Motors became the minority owner of the newly form financial holding company.

Hotai Motors quick emerge to become one of Taiwan's leading insurance companies.

Hotai Motors Finance become the largest non-state own company to have a initial public offering in the Taiwan Stock Market, with the first day trading price value the company at over US$2.

In 2021, Hotai Motors established Hotai Motors Auto Body that focus on converting specialty vehicles ranging from firetrucks, buses, construction vehicles and others with the newly built conversion plant.

In 1974, Hotai Motors established the Chun Ching Social Welfare Foundation.