Aekyung Industrial to Advance Payment of Partner Company Transactions Before Seollal Holiday

[Asia Economy Reporter Moon Hyewon] Aekyung Industrial announced on the 12th that it has made early payments for transactions with its partner companies ahead of the Lunar New Year holiday.

Aekyung Industrial made early payments in full cash amounting to 7.2 billion KRW to about 60 partner companies supplying raw materials, packaging materials, and products.

An Aekyung Industrial official stated, “We decided to make early payments to help alleviate the financial difficulties of our partner companies, who are facing many challenges such as securing liquidity due to the recent economic downturn,” and added, “We hope that this early payment of transaction funds during the holiday season, when demand for funds increases, will help reduce the financial burden on our partners.”

Meanwhile, Aekyung Industrial continues its efforts for mutual growth with its partners by making early payments for transaction funds during this Lunar New Year holiday, following the same practice during last year’s Chuseok holiday. In addition, it is carrying out various win-win collaborations with its partners, including technical support and productivity improvements.

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