After returning to Hong Kong in the 1970s, he joined the family business Changjiang Garment Factory and is now the managing director. He is also the vice chairman of Gangwei Weaving Co., Ltd., the chairman of Changjiang Aluminum Co., Ltd., the director and chief executive officer of ATV (Chen Yongqi owns 0/8% of ATV/KLOC-0 and 3% of Phoenix Satellite TV).
Because the Chen family lived in Macao for a long time during World War II, they managed various businesses including rice. In 1970s, Chen Yongqi and his wife managed the family business in Macau, so he had a close relationship with Macau. Before the return of Hong Kong and Macao, Chen Yongqi was one of the few people with "dual identity" in the Basic Law Advisory Committee of Hong Kong and Macao. Although he claimed that he was 90% from Hong Kong, he also privately lamented that it was the most enjoyable day of his life to take care of Macao's family business with his wife.
The Chen family has been doing business for generations. Although things are changeable, the business of the Chen family is snowballing. Chen himself has revealed that the annual turnover of family businesses is several billion Hong Kong dollars. The key to success is that every generation of helmsman can seize the opportunity of change in time.
For example, Chen Rui, his father, is known as the "flower cloth Chen", and his uncle Chen Rui Jiu and his father are the founders of "Changjiang Garment". The garment industry run by their parents has a good reputation as "the flower of garment" in Hong Kong. Aware of the changes in post-war market demand, Japan imported a large number of fabrics and bought them from Hong Kong clothing manufacturers in exchange for the first bucket of gold after the war, while the descendants of my uncle Chen Rui, Chen Jiudeng, seized the opportunity of the mainland's reform and opening up and made investments in the mainland.
Since the 1960s, the United States and Europe have adopted trade protectionism to safeguard local interests and imposed many restrictions on textiles in Hong Kong and Macao. Chen Yongqi participated in the negotiation of bilateral textile agreements between the Hong Kong and Macao governments, the European market and the United States for many times, and won many clothing quotas for Hong Kong and Macao, making important contributions to the prosperity of Hong Kong and Macao and the development of Changjiang Garment Factory Co., Ltd.
After establishing good relations with the Mainland, the Chen family also helped Hong Kong people to know the Mainland. The most praised by local elites is the "Litchi Food Group" organized by the Chen family every year. Many celebrities and senior officials started their first trip to the mainland through this activity.