Medicox Appoints Former Joint Chiefs Chairman Choi Yoon-hee as President of Korea Maritime Federation and Management Advisor

[Asia Economy Reporter Jang Hyowon] MedicoX, a KOSDAQ-listed company, announced on the 28th that it has appointed Choi Yoon-hee, former Chairman of the Joint Chiefs of Staff and President of the Korea Maritime Federation, as a management advisor.

Currently serving concurrently as a senior researcher at Hanyang University Future Marine Research Center, President Choi Yoon-hee will provide advisory services on the management of the shipbuilding division and the overall establishment of marine industry infrastructure as MedicoX’s management advisor.

MedicoX Choi Yoon-hee, Former Chairman of the Joint Chiefs of Staff, Appointed as Management Advisor. From the left, Choi Yoon-hee, President of the Korea Maritime Federation, and Kang Jin, CEO of MedicoX.

Kang Jin, CEO of MedicoX, stated, “President Choi Yoon-hee is a highly capable talent who served in the military for over 40 years after graduating from the Naval Academy, holding key positions such as Superintendent of the Naval Academy, Chief of Naval Operations, and Chairman of the Joint Chiefs of Staff. Based on her accumulated command experience and insight, she is expected to greatly contribute to the development of our core business, the shipbuilding division.” He added, “In particular, as she holds the position of President of the Korea Maritime Federation, established to make our country a maritime powerhouse, we expect even broader synergies to be realized.”

At the management advisory appointment ceremony, President Choi said, “For our country to become a true maritime powerhouse, it is essential not only to foster maritime awareness among the public but also for national institutions related to the sea, marine industry companies, and research institutes to unite.” She added, “MedicoX, as a long-established specialized manufacturer of shipbuilding equipment, is expected to play an important role in advancing our country as a maritime powerhouse.”

Since its establishment in 1999, MedicoX has been a specialized manufacturer of shipbuilding equipment, producing and selling shipbuilding materials, electric motors, and generators in areas such as Jinhae, Gimhae, and Goseong in Gyeongnam Province. After being listed on KOSDAQ in 2001, it has built a stable cooperative system with major domestic shipbuilders based on differentiated technology and high reliability, earning recognition as an excellent partner. Recently, in response to the improving shipbuilding market conditions, the company has been advancing process sophistication by introducing large cranes, internalizing rental and aging equipment, and enhancing profitability and productivity.

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