Haenam-gun Wonkwang Electric Selected as 'Jeonnam-type Small Giant Company'

Support for Commercialization of R&D Achievements and Customized Marketing

Haenam-gun Office Building Exterior (Photo by Haenam-gun)

[Haenam＝Asia Economy Honam Reporting Headquarters Reporter Kim Hyun] Wonkwang Electric Power Co., Ltd. (CEO Jeon Yeonsu), a battery remanufacturing technology company located in Haenam-gun, Jeollanam-do, has been selected as a ‘Jeonnam-type Small Giant Company’ by Jeollanam-do.

According to Haenam-gun on the 10th, the ‘Jeonnam-type Small Giant Company’ project systematically supports the growth of promising local companies into global small giants. After document screening and on-site evaluation, 12 promising small and medium-sized enterprises in the province were finally selected.

The selected companies will receive up to 200 million KRW over two years, approximately 100 million KRW annually, to carry out research and development commercialization, customized marketing, establishment of corporate growth strategies, mid- to long-term R&D project planning, management, and quality innovation.

Wonkwang Electric Power Co., Ltd., founded in 1988, is a small giant company that has grown focusing on electrical, fire protection, and communication construction businesses, particularly excelling in manufacturing industries such as solar power generation devices and energy storage systems, as well as the energy facility industry.

Additionally, through continuous R&D investment, it has been recognized as a regional company leading the development and dissemination of renewable energy technologies.

County Governor Myeong Hyungwan said, “We will solidly promote corporate fostering projects and implement customized corporate support policies so that local companies can grow from Jeonnam-type Small Giant Companies into global small giants.”

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