The 14th Dongmyeong Awards Ceremony Held at Busan Chamber of Commerce and Industry
The 14th Dongmyung Awards ceremony in the industrial sector will be held on the 10th at 2 p.m. in the hall on the 2nd floor of the Busan Chamber of Commerce and Industry.
The awardees are Kang Byung-jung, Chairman of Nexen Group, and Shin Jeong-taek, Chairman of Sewoon Steel, each receiving a prize of 10 million won.
About 300 prominent figures from various fields will attend the ceremony, including Jang In-hwa, Chairman of the Busan Chamber of Commerce and Industry; Kim Jin-su, President of Busan Ilbo; Yang Hong-seon, Director General of KBS Busan Broadcasting Station; Choi Byung-han, President of Busan MBC; Lee Oh-sang, President of KNN; and Bin Dae-in, Chairman of BNK Financial Group.
Busan Mayor Park Hyung-joon and Busan Superintendent of Education Ha Yoon-su, who are unable to attend due to overseas business trips, will send video congratulations, while Jang In-hwa, Chairman of the Busan Chamber of Commerce and Industry, and others will deliver congratulatory speeches on site.
The ceremony will proceed with a pre-ceremony congratulatory performance and will be hosted by Professor Park Geun-ah of Dongmyung University.
Chairman Kang Byung-jung received the award for his contributions including transparent and open management since the company's founding, revitalization of local industry, continuous investment and technological development leading to growth as a global tire company, pioneering overseas market development, fostering trust between labor and management, and job creation.
Chairman Shin Jeong-taek was highly praised for achieving the first domestic processing center sales of 1 trillion won, possessing the largest domestic processing capacity, enhancing customer satisfaction through linked sales systems and JIT systems, defending against the inflow of imported goods into the domestic market, and cost reduction through improved logistics flow.
The Dongmyung Award was jointly established in 2008 by Busan City and various sectors, and to date, a total of 41 individuals (including one organization) have received the award.
The Dongmyung Award is a public commendation honoring individuals who have demonstrated the spirit of challenge, creativity, and service of the late Dongmyung (東明) Kang Seok-jin, chairman of Dongmyung Mokjae.
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Kang Seok-jin, founder of the Dongmyung Cultural Foundation, served as chairman of BBS, chairman of the Busan Rehabilitation Protection Association, president of the Palgakhoe, founder of the Busan Port Wharf Management Association, and chairman of the Busan Chamber of Commerce and Industry (4th, 6th to 8th terms), all under the principle of social return of corporate profits.
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