Kim Yoon, Chairman of Samyang Holdings, "The Challenge Toward Growth Will Not Stop"

Posted New Year's Video Message on Company Intranet
Conveying Management Message via Video Since COVID-19 Pandemic

[Asia Economy Reporter Lim Hye-seon] Kim Yoon, Chairman of Samyang Holdings (photo), stated on the 3rd, "The crisis continues, but the challenge toward growth will not stop."

In his video New Year's address, Chairman Kim said, "We will accelerate the adjustment of our business portfolio centered on the global market and specialty products to prepare for a new 100 years," presenting three management policies for this year: 'accelerating the expansion of specialty products and global markets, strengthening cash flow management, and changing the way we work.'

Chairman Kim emphasized, "The core goal of Vision 2025 is profitable growth through securing specialty products and expanding global markets," adding, "We must enhance the execution of localization strategies at global bases and continuously discover new business opportunities." He continued, "We must thoroughly manage both cash flow and profitability, including optimizing working capital, price management, and maximizing investment efficiency," urging, "We will improve the efficiency of ongoing investments and proceed cautiously with new investments by prioritizing them."

He also mentioned the way of working. He said, "To properly utilize the newly introduced digital infrastructure across management, a major change in work methods and mindset is necessary," and urged, "Actively participate in digital transformation to innovate work methods and keep an open mind toward new technologies such as the metaverse."

Finally, Chairman Kim said, "The completion of change and innovation is achieved through the participation of all of us," and added, "Let us harmoniously execute short-term goals and mid- to long-term growth challenges to open a new 100 years together."

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