Severe Cold Wave Causes Massive Damage to Cabbage Farms... Hoban Group Donates 70 Million Won

[Asia Economy Reporter Onyu Lim] Amid unprecedented cold waves causing massive damage to winter cabbage producers, Hoban Group is providing financial support for recovery efforts.

On the 5th, Hoban Group and Daea Cheonggwa delivered 100 million KRW in recovery support funds to winter cabbage producers severely affected by the cold wave at Haenam County Office. The delivery ceremony was attended by a minimal number of people in accordance with COVID-19 prevention guidelines, including Myung Hyun-gwan, Haenam County Governor, Park Jae-wook, CEO of Daea Cheonggwa, and Kim Se-jun, Head of Shared Growth Office at Hoban Group.

Haenam County is the largest winter cabbage production area in the country. In January this year, an unprecedented cold wave since weather observations began struck, damaging over 68% (1,700 hectares) of the production area and affecting about 1,800 farms. Upon hearing of the farmers' damages, Daea Cheonggwa prepared an emergency recovery fund of 30 million KRW, and Hoban Group contributed 70 million KRW, raising a total of 100 million KRW. This support fund will be distributed to farms damaged by the cold wave within the Haenam County cabbage production complex and used for prompt recovery.

Myung Hyun-gwan, Haenam County Governor, said, "We welcome the support from Hoban Group and Daea Cheonggwa," adding, "Haenam County will also promote support measures such as pesticide subsidies and postponement of agricultural management fund repayments to minimize farmers' damages and stabilize management."

Park Jae-wook, CEO of Daea Cheonggwa, said, "We hope this support will help stabilize the management of farms affected by the cold wave even a little," and added, "We will continue to seek various supports for farmers and strive to fulfill the social responsibility of the wholesale corporation."

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