Daegu Hwaseong Industrial Donates 200 Million Won for Neighbor Aid... Leading Annual Sharing of Over 100 Million Won for 10 Years

Hwaseong Industrial delivered 200 million KRW in donations to the Daegu Community Chest of Korea to help neighbors in need.

[Asia Economy Yeongnam Reporting Headquarters Reporter Koo Dae-sun] On the morning of the 20th, Lee Jong-won, CEO and Chairman of Hwaseong Industrial, delivered a donation of 200 million KRW to help neighbors at the Community Chest of Korea office in Duryu-dong, Dalseo-gu, Daegu, the Daegu Social Welfare Community Chest announced.

Hwaseong Industrial, a representative local company in Daegu fulfilling corporate social responsibility, has been generously donating over 100 million KRW annually for 10 years since 2013, leading efforts to practice sharing for the underprivileged neighbors in Daegu.

Lee Jong-won, Chairman of Hwaseong Industrial, said, “In these difficult times of economic recession, we continue our sharing efforts this year for the underprivileged neighbors who are having an even harder time. I hope more companies in Daegu will overcome this crisis through acts of sharing.”

Following the policy of returning corporate profits to society and fulfilling corporate social responsibility, Hwaseong Industrial established the Hwaseong Scholarship and Culture Foundation in 1993 with 5 billion KRW of personal funds from the late founder Lee Yoon-seok to support scholarship and cultural projects.

The Hwaseong Volunteer Group carries out activities such as building houses of love, delivering briquettes, and providing free meals for elderly living alone. They also actively participate in the Love House Repair Project in cooperation with Daegu City.

Since 2018, Hwaseong Industrial has contributed 4 billion KRW to the Win-Win Cooperation Fund to support local small and medium enterprises, partner companies, and struggling rural fishing villages, and this year they are additionally contributing 200 million KRW, creating opportunities for mutual coexistence and co-growth.

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