Kuo Shan-huei, a former chairman of the Taiwan Businessmen Association Dongguan, was narrowly elected Saturday to head the Association of Taiwan Investment Enterprises on the Mainland -- seen as Taiwan's chamber of commerce in China. Kuo defeated incumbent Chairman Chang Han-wen 101-100 after two rounds of voting. A total of 203 members were present. Many voters described the three-candidate election as 'intense.' The third candidate, Lin Po-feng, lost in the first round of voting with 17 votes, while Chang received 96 and Kuo 89. A second round of voting was held because none of the competitors won more than half of the votes. Kuo is the founder of the Lacquer Craft group, one of the world's largest wooden furniture makers. He was a vice chairman of the association of Taiwanese enterprises in China when it was established on April 16, 2007. On Saturday, Kuo won a three-year term as chairman of the business group. 