CEO Kang Byeongchun of Geumogijeon Donates 150 Million Won Development Fund to Dong-Eui University

Dong-Eui University President Hansu Hwan (left) and Geumogi-jeon CEO Kang Byungchun are taking a commemorative photo after the donation ceremony for the development fund.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Dooyul] Kang Byungchun, CEO of Geumogi Electric, a manufacturer of shipbuilding equipment parts located in Gijang-gun, Busan, donated 150 million KRW to Dong-Eui University Development Fund on the 27th.

Geumogi Electric, a family company of Dong-Eui University, has achieved continuous growth through active industry-academia cooperation and exchanges with Dong-Eui University since its founding.

The company participates in on-site training for current students and the Youth Tomorrow Savings Program, employing about 20 Dong-Eui University alumni.

CEO Kang Byungchun said, “Since the company's establishment, we have received significant research and development support from Dong-Eui University, which laid the foundation for the company's current position. I hope they will put more effort into nurturing talent that contributes to national development and the local community.”

Founded in 1995, Geumogi Electric is a technology-centered company that localized sensors and controllers for ship engines, which were previously dependent on imports, and has registered over 40 intellectual property rights. It is a first-tier partner of Hyundai Heavy Industries.

The company received the Busan Small and Medium Business Award in 2008 for contributing to national industrial development through technology development, the Presidential Citation for Job Creation in 2014, and the Presidential Citation for Quality Innovation in 2015.

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