Win-Win Growth Committee Supports 'Small and Medium Partner Companies' with Hyundai Home Shopping

On the 7th, at the Hyundai Home Shopping headquarters in Gangdong-gu, Seoul, Kang Chan-seok, President of Hyundai Home Shopping (from the left), is taking a commemorative photo after signing the 'Mutual Growth Support Agreement' with Kwon Ki-hong, Chairman of the Win-Win Growth Committee, and Lee Min-hyung, CEO of Sesin Queensense. Photo by Hyundai Home Shopping

[Asia Economy Reporter Kim Jong-hwa] The Win-Win Growth Committee (Chairman Kwon Ki-hong) has decided to support small and medium-sized partner companies struggling due to the novel coronavirus disease (COVID-19) in collaboration with Hyundai Home Shopping (CEO Kang Chan-seok).

On the 7th, the Win-Win Growth Committee announced that it signed a 'Win-Win Agreement for Supporting Small and Medium Enterprises' at Hyundai Home Shopping headquarters.

Through this agreement, Hyundai Home Shopping will operate a win-win program worth 60.8 billion KRW over the next three years, including a 40 billion KRW win-win fund and a 10 billion KRW interest-free loan, and will significantly increase free broadcasting time for SME products to expand their sales channels.

Additionally, various support programs for SME growth, such as funding for product introduction video production and design consulting for new product development, will be implemented concurrently.

Kang Chan-seok, CEO of Hyundai Home Shopping, said, "We will continue to strengthen win-win activities that help the growth of small and medium partner companies to enhance the social responsibility of TV home shopping and build a healthy home shopping industry ecosystem."

This content was produced with the assistance of AI translation services.