Dong-A Socio Holdings "Driving Sustainable Growth as a Group Value Creator"

Dong-A Socio Holdings plays a driving role in the group's sustainable growth.

Exterior view of the Dong-A Socio Holdings building. [Photo by Dong-A Socio Holdings]

On the 26th, Dong-A Socio Holdings stated, "As the group's holding company, we will become a Group Value Creator by discovering the tangible and intangible values existing within the group's business portfolio and strengthening the role of creating these values." The Dong-A Socio Group consists of the holding company Dong-A Socio Holdings, Dong-A ST, Dong-A Pharmaceutical, ST Pharm, and ST Gen Bio.

To this end, Dong-A Socio Holdings has established two future management approaches: ‘Solid Core’ and ‘Disruptive Innovation.’ The Solid Core consists of three elements: ‘Solid Sense of Purpose,’ ‘Solid Leadership System,’ and ‘Solid Openness.’ Similarly, Disruptive Innovation is composed of ‘Disruptive Expertise,’ ‘Disruptive Tension,’ and ‘Disruptive Thinking.’

Specifically, the company plans to realize 100 years of sustainable management by securing growth engines, investment resources, and a foundation for business competitiveness. To secure growth engines, the company classifies its operations into ‘Upstream’ responsible for production, ‘Midstream’ responsible for products, and ‘Downstream’ responsible for customer touchpoints. Upstream includes contract development and manufacturing organization (CDMO), contract research organization (CRO), and original equipment manufacturing (OEM) sectors, represented by ST Pharm, ST Gen Bio, and Dongcheon Su. Midstream covers bio, digital health, and skin beauty sectors, including Dong-A ST and Chammed. Downstream includes logistics, IT, silver (senior) services, and medical services sectors, with Dong-A Pharmaceutical, Yongma Logistics, and DA Information involved.

Dong-A Socio Holdings plans to increase asset and capital efficiency by promoting phased initial public offerings (IPOs) for each affiliate to secure investment resources. To establish a foundation for business competitiveness, the company will strengthen open research and development (R&D) investments and expand collaboration with overseas R&D subsidiaries. Additionally, it will improve and establish work processes through management diagnosis and enhance efficiency and digitalization by introducing robotic process automation (RPA).

The company will also strengthen talent development and performance rewards through personnel system reforms and expand leadership development programs using objective tools. It plans to extend the implementation and operation of anti-corruption management systems (ABMS) and environmental management systems (ISO14001) related to ethical management across all group companies.

Meanwhile, Dong-A Socio Holdings unveiled its 90th-anniversary emblem and slogan at the 90th-anniversary ceremony last year. The 90th-anniversary emblem consists of three lines representing members, the company, and society from the front line. Looking closely at the number 90, one can also see the English word ‘go,’ symbolizing that the three lines?members, company, and society?start together and continue together until the end. Additionally, when reading from the exclamation mark backward, the number 100 can be seen.

Donga Socio Holdings 90th Anniversary Emblem. [Image provided by Donga Socio Holdings]

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