Song Kyung-hyun, Chairman of Kyunghyang Industry, Donates 50 Million Won Development Fund to Gwangju Institute of Science and Technology

[Asia Economy Honam Reporting Headquarters, Reporter Yoon Jamin] Song Kyung-hyun, chairman of Kyunghyang Industry Co., Ltd., donated 50 million KRW to the Gwangju Institute of Science and Technology (GIST, President Kim Ki-seon) development fund.

According to GIST on the 7th, Chairman Song has pledged a total donation of 105 million KRW to GIST, including the previous 55 million KRW donation and the additional 50 million KRW this time.

Chairman Song, a professional manager who has led Kyunghyang Industry Co., Ltd. for over 20 years, succeeded in domestic production of rubber foam insulation materials, which had a high import dependency, since 1994, and is recognized as a successful representative local entrepreneur.

He is also serving as the vice chairman of the GIST Development Foundation and as the president of the GTMBA Alumni Association, working both inside and outside the local community to support education and research activities and to expand the base of science and technology through dissemination of research achievements.

Chairman Song said, “Recently, GIST has been making efforts to attract outstanding talent, such as establishing an AI graduate school, contributing to regional and national development, which led me to decide on an additional donation. Please continue to strengthen the research environment and talent cultivation to enhance GIST’s research competitiveness.”

Kim Ki-seon, president of GIST, expressed gratitude, saying, “We appreciate the intentions of Chairman Song Kyung-hyun, a member of the GIST family. We will strive to nurture future science and technology talents through the successful recruitment of the AI graduate school and the establishment of an AI-centered industrial convergence complex.”

Meanwhile, Kyunghyang Industry Co., Ltd. is the only company in Korea with specialized production technology and was honored with the Presidential Award at the National Quality Management Competition in 2014 and the Grand Prize in the Labor-Management Win-Win category at the 7th Gwangju Commerce and Industry Awards in 2019.

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