Which Daegu Companies Celebrate Their 'Moment of Stars'? This Year's 'Daegu Regional Star Company Certificate' Award Ceremony Held

Daegu City Selects 15 Leading Companies in ICT Convergence, Intelligent Machinery, Functional Textiles, and Other Fields

9 Companies Growing from 2018 Regional Star Enterprises to Global Small Giants

Daegu City Hall.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Yong-woo] Which companies in Daegu are experiencing their "moment of stars" this year? These companies have illuminated the region and earned the title of "Star Companies" responsible for the future food sources of Korea.

Daegu City and Daegu Technopark will hold the "2021 Daegu Star Company Designation Ceremony" at 3 PM on the 8th at Hotel Inter-Burgo.

Hong Eui-rak, Deputy Mayor for Economic Affairs of Daegu, and CEOs of 15 selected companies will attend to celebrate the stars' festival.

Hong Eui-rak, Deputy Mayor for Economic Affairs of Daegu, will present designation certificates and appointment letters to the representatives of 15 newly designated regional star companies and their dedicated project managers (PMs). This is to encourage the efforts of corporate growth achieved amid difficult domestic and international economic conditions such as COVID-19.

The local government project that awards stars to companies started in Daegu.

The Ministry of SMEs and Startups' "Regional Star Company Development Project" is a nationwide project that expanded in 2018, modeled after Daegu City's "Star Company Development Project."

This project selects companies with high growth potential for focused support and aims to develop them into "Global Small Giants."

The average sales of the regional star companies selected this year were 17 billion KRW, with employment of 58 people and an export ratio of 17%. Over three years, the average annual growth rates were 15% in sales, 35.3% in exports, and 12.3% in employment, indicating that highly growth-oriented companies were selected.

Among the 15 companies selected this time, by industry sector, in the ICT convergence fields such as AI (Artificial Intelligence) and mobile games, the following five companies were selected: △Mecasolution (AI educational materials, sensor development boards), △Angel Games (mobile games), △Winitech (integrated control systems), △E2U (software development and maintenance management services), and △Korea Alpha System (vehicle number recognition systems, intelligent child accident prevention systems).

In the intelligent machinery sector, including semiconductor equipment and unmanned automation equipment, the selected companies are △Aretec (cleaning equipment for semiconductor and display photomasks), △GubiTech (semiconductor equipment parts), △SeonbiTech (PCB unmanned automation equipment), △TCL (wind tower power generation internal parts, industrial machinery parts), and △Jinbu (automotive and agricultural machinery rubber parts).

In the materials and functional textiles sector, the selected companies are △Daeyoung R&T (coating of automotive and industrial parts films and adhesives), △Geonyeong Cleaner (ultra-fine lens cleaners), and △DK Korea (pet waste pads).

In the electrical/electronics and food sectors, the selected companies are △Bokuk Electronics (home heating bedding, living environment appliances) and △Gungjeonbang (K-Food).

The selected companies can receive dedicated PM matching, growth plan consulting, R&D planning support, and customized package support. They can also receive dedicated R&D project support for regional star companies of about 200 million KRW annually (up to 2 years) through evaluation.

Since the project started in 2018, nine regional star companies have scaled up to global small giants, the highest number nationwide. This is the result of Daegu City and Daegu TP's systematic and specialized corporate development policies.

The companies that scaled up from Daegu regional star companies to global small giants in 2021 are △SLC (cosmetics), △Youngpoong (K-Food), △Nakyeong (blinds), △Shinpung Textile (functional textiles), △Micro N X (dental medical devices), △E2 Collection (household textile products), △Daehong Costech (steel metal materials), △Daekwang Sintered Metal (automotive parts), and △Jinmyeong Industry (automotive parts).

Daegu City expects many more regional companies to scale up in the future.

Hong Eui-rak, Deputy Mayor for Economic Affairs of Daegu, said, "We will provide systematic and professional corporate support so that Daegu regional star companies can become leading companies in each field and serve as the cornerstone for revitalizing the regional economy."

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