20th Anniversary of the Late Chung Ju-yung, Chairman of Hyundai Group... Memorial Photo Exhibition at Gye-dong Building and Online

'Young Chung Ju-yung, Connecting the Era' Theme
Asan Bust Relocated and Installed in Gye-dong Building Lobby

[Asia Economy Reporter Yoo Je-hoon] Various memorial events will be held to mark the 20th anniversary of Asan (峨山) Chung Ju-yung, the founder of Hyundai Group. Considering COVID-19, instead of large-scale gatherings, a photo exhibition, publication of a memorial book, and other activities that reexamine Asan's life, achievements, and philosophy will be conducted.

The Asan Chung Ju-yung 20th Anniversary Memorial Committee announced on the 18th that it will hold the 20th anniversary memorial event under the theme "Young Chung Ju-yung, Connecting the Era."

First, the committee will hold the "Asan Chung Ju-yung 20th Anniversary Memorial Photo Exhibition" in the lobby of Hyundai Motor Group's Gyedong Building from the 22nd of this month to the 2nd of next month. The photo exhibition will showcase documentary videos, relics, and quotes using digital frames, aligned with Asan's five representative spirits: challenge, creativity, innovation, sharing, and communication.

In the "Challenge" section, it will depict Asan leaving Tongcheon, Gangwon Province, and building dreams with many people, including the establishment of Hyundai Motor Company and Hyundai Construction. The "Creativity" section will feature the Saesan reclamation project, Seoul Olympic bid, Saudi Arabia Jubail port construction, and the anecdote of winning a ship order with a 500-won bill. The "Innovation" section will include Korea's first indigenous car model Pony development, the construction of the 2nd Hangang Bridge, and the Gyeongbu Expressway.

Additionally, the "Sharing" section will highlight the establishment of the Asan Social Welfare Foundation and Asan Medical Center, while the "Communication" section will meaningfully express Asan's casual interactions with employees and dialogues with domestic business leaders and world leaders.

Within the memorial photo exhibition space, Asan's office has been recreated, and the actual Pony car along with the concept car "45," a modern reinterpretation of the Pony, are exhibited to naturally connect the past, present, and future.

The committee will also hold the memorial photo exhibition online. The online exhibition can be viewed at "AsanChungJuyoung.com" from the 21st until September 20th.

The committee will distribute the memorial book "Voice of Eternity," published by the Asan Social Welfare Foundation, to libraries nationwide. Furthermore, the management book "Asan Chung Ju-yung Legacy," which reexamines Asan's achievements and heritage, will be donated to public and university libraries across the country.

The bust of Asan, which Hyundai Construction employees voluntarily raised funds for in 2005, has been relocated from the entrance of the annex of the Gyedong Building to the lobby on the first floor of the main building. The main building of the Gyedong Building is a symbolic space where Asan conducted his management activities. Hyundai Motor Group newly produced the pedestal and walls of the bust to create a simple and restrained memorial space.

On the side of the bust's pedestal, a memorial inscription in Korean and English reads: "To honor the achievements of Asan Chung Ju-yung, who left a great mark on our country's economy with indomitable will and pioneering spirit, and who pioneered new paths with a visionary spirit ahead of his time, instilling positive beliefs and creative challenge spirit, and to inherit his spirit," adding significance.

A committee official stated, "We hope that Asan's enterprise, spirit, and the philosophy of sharing and communication he personally practiced, which pioneered today's Korea, will transcend the times and continue as the dreams of the younger generation."

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