Shinhan Financial Group Supports Food Supplies for Underprivileged in Incheon to Commemorate Shinhan Donghae Open

The 36th Shinhan Donghae Open Held Without Spectators Due to COVID-19 Spread
Food Boxes Provided to About 10,000 Underprivileged Households in Incheon with Savings

Shinhan Financial Group held the 'Hope Together Shinhan Meal Box Delivery Ceremony' on the 8th at Bears Best Cheongna Golf Club located in Seo-gu, Incheon. At the event, Lee Byung-chul, Head of Shinhan Financial Group (left), and Nam Guk-hee, President of the Korea Association of Social Welfare Centers (right), are posing for a commemorative photo.

[Asia Economy Reporter Kangwook Cho] Shinhan Financial Group announced on the 8th that it held the 'Hope Together Shinhan Meal Box Delivery Ceremony' together with the Korea Association of Social Welfare Centers at Bears Best Cheongna Golf Club located in Seo-gu, Incheon.

Shinhan Financial decided to use the budget saved from holding the '36th Shinhan Donghae Open' starting on the 10th as a no-audience event due to the spread of COVID-19 to help neighbors in need in the Incheon area where the tournament is held.

Shinhan Financial purchased daily necessities and food products worth 100 million KRW through local markets and small businesses to produce 10,000 meal boxes, which will be delivered to underprivileged households in the Incheon area under the supervision of the Korea Association of Social Welfare Centers.

In addition, the participating players agreed to donate 42 million KRW, equivalent to 3% of the prize money. The donated amount will be used to help children with heart disease and incurable diseases in developing countries through Mediplex Sejong Hospital and the Leukemia Children's Foundation.

A Shinhan Financial official said, "This event was planned with the intention of using the expenses saved from the downsizing of the Shinhan Donghae Open tournament more meaningfully," adding, "We hope it will be of some help to the underprivileged and children in developing countries."

Meanwhile, Shinhan Financial has selected 'Eco-friendliness,' 'Co-prosperity,' and 'Trust' as the three core agendas of ESG management for sustainable management, and is conducting the 'Hope Together Campaign' as part of 'Co-prosperity Management.'

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