Daegu Catholic University Unveils Bust of the Late Lee Yoon-seok, Honorary Chairman of Hwaseong Industry

Donation of 5 Billion KRW from Private Funds, Establishment of Scholarship Foundation to Contribute to Local Education Sector

At Daegu Catholic University on the 7th, the unveiling ceremony of the bust of the late Lee Yoon-seok, Honorary Chairman of Hwaseong Industry, is taking place.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Daegu Catholic University held an unveiling ceremony for the bust of the late Lee Yoon-seok, Honorary Chairman of Hwaseong Industry (1917?2015), at the Hall of Honor in the university's History Museum on the 7th.

The event was attended by Lee In-jung, Honorary Chairman of Hwaseong Industry; Ha Chun-soo, former Chairman of DGB Financial Group; Lee Dong-gu and Park Young-seok, directors of the Hwaseong Scholarship and Culture Foundation; as well as university officials including President Woo Dong-gi, who gathered to honor the late chairman's legacy and celebrate the unveiling of the bust.

The late Lee Yoon-seok, founder of Hwaseong Industry, a leading construction company in the Daegu and Gyeongbuk region, managed the company for over 40 years and played a pivotal role in the development of the local economy.

Moreover, in 1993, he established the Hwaseong Scholarship and Culture Foundation with a personal donation of 5 billion KRW, contributing to the advancement of regional education.

Since 2004, Hwaseong Industry and the Hwaseong Scholarship and Culture Foundation have donated a total of 570 million KRW in development funds to Daegu Catholic University, supporting the cultivation of future talents.

To honor Chairman Lee’s precious intentions and express gratitude, Daegu Catholic University created a bust and displayed it in the Hall of Honor at the History Museum. The bust was crafted by Kim Il-young, Honorary Professor of Environmental Sculpture at Daegu Catholic University.

President Woo Dong-gi of Daegu Catholic University stated, “We consider it a pride and honor of the university to dedicate this bust to Chairman Lee, who devoted the profits earned through a lifetime of diligence to nurturing talent.” He added, “We will do our best to carry on his noble will by fostering outstanding talents and becoming a university that serves the local community.”

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