Jung Eui-sun's Generous Reward to Archery Team: "Praise for Archery That Does Not Settle"

7 Billion Won Rewards for Ansan, Triple Crown Winner and Other Athletes
Generous Compensation Decided to Encourage Record-Breaking Achievements and Joy Given to the People

Hyundai Motor Group and the Korea Archery Association held a large-scale Ontact welcome event on the 10th (Tuesday) to celebrate and encourage the national team, which reaffirmed its status as the world's strongest by winning four gold medals at the 2020 Tokyo Games. Chung Eui-sun, Chairman of Hyundai Motor Group and President of the Archery Association, took a commemorative photo Ontact with Park Chae-soon, head coach of the national archery team, and the athletes. (Photo by Korea Archery Association)

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Group will provide a generous reward worth hundreds of millions of won to the national archery team that won four gold medals at this year's Tokyo Olympics. Chung Euisun, Chairman of Hyundai Motor Group, promised to continue the best support so that our archery team can maintain its position as the world's strongest.

Hyundai Motor Group announced that it held the "2020 Tokyo Games Republic of Korea Archery Team Welcome Ceremony" via video conference on the 10th with the Korea Archery Association to congratulate the national archery team.

In his welcoming speech, Chairman Chung said, "I would like to express my deep gratitude to the athletes who concentrated without losing focus and trained unwaveringly, and to all the staff including Head Coach Park Chaesoon, who encouraged the athletes closely and ensured the training schedule was carried out without any setbacks."

He added, "Our people rejoiced as one over the great achievements of Korean archery at the Tokyo Games, and praise was abundant overseas as well. This is a tribute to Korean archery, which, based on two unchanging principles of transparent association management and fair athlete selection, constantly challenges and innovates toward higher goals even after reaching the top."

He continued, "Hyundai Motor Group and I will do our best to support so that the glorious history of Korean archery can continue for a long time."

The Korea Archery Association set the prize money at 300 million won for individual gold medals and 200 million won for team gold medals. An San, who won three gold medals, will receive 700 million won; Kim Je-deok, who won two gold medals, will receive 400 million won; and Oh Jin-hyek, Kim Woo-jin, Kang Chae-young, and Jang Min-hee will each receive 200 million won.

These six athletes will be awarded one vehicle of their choice among the Hyundai Ioniq 5, Kia EV6, or the premium sports utility vehicle (SUV) Genesis GV70, all electric cars released this year. Additionally, all six national team athletes, coaches, support staff, reserve players, and Korea Archery 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, setting world archery history records such as nine consecutive wins in the women's team event, two consecutive wins in the men's team event, 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 gratitude for giving hope and comfort to the public exhausted by the prolonged spread of COVID-19. At the same time, it is 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.