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The Founder accurately estimated the purchasing power of Taiwan consumers by converting 4 "Skyscraper" knitwear retail stores in Taipei into a six-story building, establishing the first FEDS. Baoqing store was opened in 1972, it was the first one in Taiwan to include a supermarket and many other unique designs at the time. Taiwan had resigned its seat in the UNs at the same period, the opening of the Baoqing store was a major reassurance to calm the restless heart of Taiwan residents.
