HDC Group Chairman Chung Mong-gyu visited the Oak Valley Seongmunan GC site with representatives from group companies on the 6th to inspect the area. <Photo by HDC Hyundai Development Company>

HDC Group Chairman Chung Mong-gyu visited the Oak Valley Seongmunan GC site with representatives from group companies on the 6th to inspect the area.

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Jung Mong-kyu, Chairman of HDC Group, held the first affiliate CEO meeting of the new year at Oak Valley in Wonju, Gangwon Province, where they discussed plans for fostering new businesses and creating synergies among affiliates as a comprehensive financial real estate group.


The future strategy meeting, held over three days starting from the 5th, was attended by Chairman Jung, Yoo Byung-kyu, CEO of HDC Hyundai Development Company, Jung Kyung-gu, CEO of HDC Holdings, and representatives from all affiliates. During the meeting, they shared visions and goals to address each company's current issues, sustainable group growth, and the cultivation of new businesses and synergies at the group level.


Chairman Jung stated, "As we welcome the new year, please consider how to translate the strategies discussed here into tactics that will drive HDC's growth," and urged, "Let us strive to grow together not only as a company but collectively, with a constant attitude of learning."


Furthermore, the representatives of each HDC Group affiliate agreed on securing future growth engines to achieve HDC's vision and enhancing the integrated cohesion of the entire company to leap forward as a leading comprehensive financial real estate group in Korea.


The reason HDC Group selected Oak Valley as the venue for the first future strategy meeting of the new year is because it is a site where synergies are being created through group-level development projects. The development and operation of Oak Valley, owned by HDC Resort, involve affiliates such as HDC Hyundai Development Company, Hotel HDC, and HDC Labs.


In 2022, HDC Group is focusing on securing future competitiveness as a developer within a comprehensive financial real estate group. Centered on HDC Hyundai Development Company, the group is concentrating its capabilities on various development projects and expanding its portfolio into energy and logistics businesses, continuing efforts to create momentum for change.



The group also plans to accelerate portfolio expansion at the group level. HDC Group is currently conducting power generation and logistics businesses through Tongyeong Eco Power and Busan Container Terminal, respectively. Additionally, this year, they plan to actively seek various new businesses and pursue M&A across different industries.


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

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