Warm Compassion Delivered by ‘POSCO Corporate Citizen Friends’ … Visiting Pohang Yeonil Market to Carry Out ‘Good Prepayment’ Activities

Advance Payment Ticket, Pohang Area Food Market and Yeonil-eup Donation to Support Vulnerable Groups Planned

The social contribution activity "Corporate Citizen Friends," involving POSCO and its partner company employees, carried out a "Good Prepayment" campaign at Yeonil Market in Pohang on the 2nd to revitalize the local economy and support vulnerable groups.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] The social contribution activity ‘Corporate Citizen Friends,’ involving POSCO and its partner company employees, carried out a ‘Good Prepayment’ campaign at Yeonil Market in Pohang on the 2nd, ahead of Chuseok, to revitalize the local economy and support vulnerable groups.

Now in its third year, the ‘Good Prepayment’ initiative involves prepaying a certain amount at traditional market stores in the region and issuing exchange tickets for goods, which are then distributed to vulnerable groups in the community.

Especially this year, to help overcome the COVID-19 crisis and stimulate consumption to revitalize the local commercial district, the activity was conducted in line with the ‘Korea Together Sale’ period organized by the Ministry of SMEs and Startups.

The total support amount for Yeonil traditional market from POSCO and participating companies in Corporate Citizen Friends this time was 20 million KRW, and the tickets issued through prepayment were delivered to food markets in Pohang and to support vulnerable groups in Yeonil-eup.

Local merchants expressed their gratitude, saying, “Every holiday, POSCO and its partner companies help revitalize our traditional market through sharing activities such as shopping and ‘Good Prepayment,’ and we are always thankful.”

Kim Tae-eok, Head of POSCO Equipment and Materials Purchasing Office, said, “We hope that the ‘Good Prepayment’ activity of Corporate Citizen Friends, now in its third year, will contribute to revitalizing the local commercial district and that the local community, including small business owners, can contribute to the region through sharing warmth and care.”

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