Successful Unification at First Coordination Meeting on the 5th Mediated by Chairman Heo Yong-do

Baek Jeong-ho, Chairman of Dongseong Chemical, Makes Generous Concession to the Right Candidate for Business Community Unity

Chairman Song Thank

Busan Chamber of Commerce and Industry succeeded in unifying the recommended candidates for the next president. On the 5th, at the first coordination meeting mediated by President Heo Yong-do (center), Song Jeong-seok, president of Samgang Metal (right), was decided as the sole candidate, after which he shook hands in harmony with Baek Jeong-ho, president of Dongsung Chemical, who was a competing candidate.

Busan Chamber of Commerce and Industry succeeded in unifying the recommended candidates for the next president. On the 5th, at the first coordination meeting mediated by President Heo Yong-do (center), Song Jeong-seok, president of Samgang Metal (right), was decided as the sole candidate, after which he shook hands in harmony with Baek Jeong-ho, president of Dongsung Chemical, who was a competing candidate.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Song Jeong-seok, chairman of Samgang Metal and the current 23rd vice chairman, has been selected as the candidate for the 24th president of the Busan Chamber of Commerce and Industry. Song Jeong-seok was recommended as the sole candidate from the 23rd assembly members.


During the candidate registration period for the 24th president, held over 10 days from December 21 to 30 last year, two candidates were finally registered: Baek Jeong-ho, chairman of Dongseong Chemical Co., Ltd., and Song Jeong-seok, chairman of Samgang Metal Co., Ltd.


Until now, the Busan business community had pinned hopes on unifying the two candidates under the banner of harmony and cooperation, and on this day, the two candidates reached a sudden agreement to become a single candidate. This decision was made on the first day of the adjustment period to determine the endorsed candidate.


The single candidate decision was made faster than expected without any particular difficulties, reflecting the harmony and endorsement tradition promoted by Heo Yong-do, chairman of the Busan Chamber of Commerce and Industry.


At the meeting held to discuss unification, both recommended candidates expressed their willingness to concede for the sake of business community harmony, allowing the unification process to proceed smoothly.


During the process of confirming opinions from both sides, Chairman Heo Yong-do conveyed that Chairman Baek made a generous concession to senior business leader Chairman Song, and with Song’s acceptance, the candidate unification was achieved.


Chairman Baek Jeong-ho said, “It is not important who becomes the president, but how the president is appointed. I am satisfied if this concession leads to the development and growth of the Busan Chamber of Commerce and Industry.”


Chairman Song Jeong-seok said, “Although I expressed my willingness to concede to Chairman Baek Jeong-ho, who represents the younger generation, I accepted Chairman Baek’s support and request to work for the harmony of the business community.”


Chairman Song expressed his determination, saying, “I sincerely thank everyone, and upon assuming the 24th presidency, I will seek wisdom from excellent businesspeople including Chairman Baek to lead the development of the Busan Chamber of Commerce and Industry without any disturbances.”



Heo Yong-do, chairman of the Busan Chamber of Commerce and Industry, said, “Any candidate would be more than capable, but I was in a difficult position because both sides showed the virtue of conceding for the harmony of the business community. I sincerely thank the two candidates for understanding the importance of harmony in the Busan business community and putting it into practice, and I hope the 24th president endorsement process will continue as a good tradition.”


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

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