HiteJinro Supports Liquor Wholesalers in Overcoming COVID-19... Installment Payment for Purchase Amounts
[Asia Economy Reporter Lee Seon-ae] HiteJinro announced on the 8th that it has allowed nationwide liquor wholesalers, who are experiencing business difficulties due to the resurgence of the novel coronavirus infection (COVID-19), to make partial installment payments for liquor purchase payments.
With the prolonged COVID-19 pandemic and strengthened social distancing measures worsening the business difficulties of small business owners and liquor wholesalers, this is a proactive support decision to share the pain of the liquor industry and overcome it together.
On the 4th, HiteJinro sent an official letter to the Liquor Association and Super Chain Association to convey this information. This is the second support for wholesalers following the first half of the year, applied to about 800 nationwide clients, considering the scale of purchase payments and scheduled repayment dates.
As a leading domestic liquor company, HiteJinro plans to actively explore various ways to understand and overcome the pain and difficulties of small business owners and the industry together and take the lead in support.
CEO Kim In-gyu said, “Due to the prolonged COVID-19 pandemic, the difficulties of small business owners and liquor wholesalers have increased, so we decided to provide support to help even a little and overcome this together. HiteJinro will continue to fulfill its social responsibilities based on the corporate philosophy of win-win management and mutual growth and will spare no multifaceted support to overcome COVID-19,” he said.
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Meanwhile, HiteJinro continues various supports to help overcome COVID-19. Starting with a total of 1.2 billion KRW support for quarantine supplies such as masks and hand sanitizers and bottled water in the first half of the year, it actively participated in the ‘Good Landlord Movement’ by fully exempting rent for 4 months at 17 locations nationwide. It also delivered COVID-19 response supplies for vulnerable groups and homebound disabled people facing difficulties in daily life.
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