Kwon Young-soo Buys 400 Million Won Worth of LG Energy Solution Shares... "Commitment to Responsible Management"
[Asia Economy Reporter Oh Hyung-gil] Kwon Young-soo, Vice Chairman of LG Energy Solution, expressed his commitment to responsible management by purchasing company shares.
LG Energy Solution announced on the 15th that Vice Chairman Kwon Young-soo purchased 1,000 shares of the company. The acquisition price was 420,000 KRW per share, with a total purchase amount of 420 million KRW.
An LG Energy Solution official explained, "Vice Chairman Kwon's purchase of company shares is a promise to practice more responsible management and further strengthen shareholder trust," adding, "It also expresses his determination to enhance LG Energy Solution's future corporate value."
Earlier this year, LG Energy Solution secured 10.2 trillion KRW in investment funds through its IPO (Initial Public Offering) and is currently pursuing facility investments to expand global production capacity, next-generation battery research and development (R&D), new business investments, and the establishment of smart manufacturing.
Hot Picks Today
"Stock Set to Double: This Company Smiles Every...
- "Is Yours Just Gathering Dust at Home? Millennials & Gen Z Rediscover Digicams O...
- "Continuous Groundwater Pumping Causes Mexico City to Sink 24cm Annually... 'Gia...
- Institute for Social Value: "Korea's Policy, Market, and Private Sector Combine ...
- “She Shouted, ‘The Rope Isn’t Tied!’... Chinese Woman Falls from 168m Cliff ...
In the earnings announcement last February, Vice Chairman Kwon emphasized, "We will do our best to improve the fundamental quality and secure profitability, and boldly proceed with investments to prepare for the future," adding, "By having all four elements of technology, products, customers, and production capacity, we will become the world's best company trusted and loved by customers."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.