Unboxing Old Photos: The Hsichih Oriental Science Park Fire Accelerates the Collapse of Chen You-hao's Corporate Empire
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The fire at Hsichih's "Oriental Science Park" on May 12, 2001, which burned for about 43 hours and caused over NT$13 billion in damages, accelerated the downfall of Tuntex Group Chairman Chen You-hao's corporate empire. Due to mismanagement and alleged illicit activities, Chen You-hao fled to China the following year, leaving behind over NT$70 billion in debt. In 2024, his Taiwanese household registration was revoked after it was found he had household registration in China.