Hyundai Motor Group "Hosts Welcome Party for Korea Archery Association and National Archery Team"
Generous Rewards to Celebrate Record-Breaking Achievements and Unforgettable Moments for the Nation
Expectations for Motivation Toward Preparing Another Future for Korean Archery and Challenging Greater Goals

The 2020 Tokyo Olympic archery team members Oh Jin-hyek (from left), Kim Woo-jin, Kim Je-deok, Kang Chae-young, Jang Min-hee, and An San are taking a commemorative photo after returning home through Incheon International Airport in Yeongjongdo on the afternoon of the 1st. [Image source=Yonhap News]

The 2020 Tokyo Olympic archery team members Oh Jin-hyek (from left), Kim Woo-jin, Kim Je-deok, Kang Chae-young, Jang Min-hee, and An San are taking a commemorative photo after returning home through Incheon International Airport in Yeongjongdo on the afternoon of the 1st. [Image source=Yonhap News]

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[Asia Economy Reporter Changhwan Lee] Hyundai Motor Group announced that it held the "2020 Tokyo Games Republic of Korea Archery National Team Welcome Ceremony" via video conference on the 10th, together with the Korea Archery Association, to celebrate the national archery team that won four gold medals at this year’s Tokyo Olympics.


The event was attended by about 200 people, including Chung Eui-sun, Chairman of Hyundai Motor Group and President of the Korea Archery Association; the Tokyo Games national team athletes and their families; head coach Park Chae-soon and other coaches and their families; support staff; reserve players; past medalists such as Seo Hyang-soon, Park Sung-hyun, and Ki Bo-bae; and archery association officials including Vice Chairman Jang Young-sul and Han Kyu-hyung.


The welcome ceremony was organized to celebrate the remarkable achievement of sweeping the men’s and women’s team events, mixed team event, and women’s individual event at the Tokyo Games, while also expressing gratitude to the athletes who elevated the value of the Korean brand and brought joy and hope to the nation.


In his welcome speech, Chairman Chung said, “The Tokyo Games were an unprecedented and challenging experience, but I would like to express my deep gratitude once again to the athletes who remained focused and trained unwaveringly, to all the coaches led by Head Coach Park Chae-soon who encouraged the athletes closely and ensured the training schedule was carried out without disruption, to the reserve players who shared the special training period living and working together, as well as to the athletes’ families and the Korea Archery Association officials.”

Hyundai Motor Group Chairman Chung Eui-sun (center) is cheering for the Tokyo Olympic archery team. [Image source=Yonhap News]

Hyundai Motor Group Chairman Chung Eui-sun (center) is cheering for the Tokyo Olympic archery team. [Image source=Yonhap News]

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Chairman Chung added, “The Korean people rejoiced as one over the archery team’s great success at the Tokyo Games, and the team received praise from overseas as well. This is a tribute to Korean archery, which, based on two unwavering principles of transparent association management and fair athlete selection, continuously challenges and innovates toward higher goals without hesitation even after reaching the top.”


Regarding the future of Korean archery, he said, “I am confident that Korean archery will move toward an even brighter future through the trust and experience built by overcoming difficult journeys so far, and through challenges and innovations that never settle for the present. Hyundai Motor Group and I will also do our best to support the glorious history of Korean archery to continue for a long time.”


Lee Ki-heung, President of the Korean Sports & Olympic Committee, said in his congratulatory speech, “The brilliant achievements of our archery team at the Tokyo Games are the result of the united efforts of the archery athletes, coaches, and association. On behalf of the Korean sports community, I would like to thank Korean archery once again for gifting great joy and pride to our people.”


Ugur Erdener, President of the World Archery Federation, sent his congratulations via video, saying, “The success of the Korean archery team at the Tokyo Games was a monumental achievement,” and added, “Chairman Chung Eui-sun has played a major role not only in the success in Tokyo but also in the development of world archery.”


The Korea Archery Association set prize money at 300 million KRW for individual gold medals and 200 million KRW for team gold medals. An San, who won three gold medals, will receive 700 million KRW; Kim Je-deok, who won two gold medals, will receive 400 million KRW; and Oh Jin-hyek, Kim Woo-jin, Kang Chae-young, and Jang Min-hee will each receive 200 million KRW. These six athletes will also be awarded one vehicle of their choice among the Hyundai Ioniq 5, Kia EV6 electric cars released this year, or the premium SUV Genesis GV70.


Prize money will also be given to coaches, support staff, and Korea Archery Association executives and employees based on their performance and contributions. All six Tokyo Games national team athletes, coaches, support staff, reserve players, and association executives and employees will be provided with travel vouchers to Jeju Island.


Hyundai Motor explained that the rewards reflect the archery team’s overcoming various crises and variables, establishing world archery history records such as the women’s team’s ninth consecutive victory, the men’s team’s second consecutive victory, the first gold medal in the mixed team event, and Korea’s first triple crown at the Summer Games.



The rewards also carry the meaning of offering hope and comfort to the public exhausted by the prolonged spread of COVID-19. At the same time, they are expected to serve as motivation to prepare for another future of Korean archery and to challenge even greater goals.


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

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