Korea Exchange Holds 10th Anniversary Ceremony for KONEX Launch

At the 10th anniversary ceremony of KONEX establishment, Sohn Byung-doo, Chairman of the Korea Exchange, is delivering a commemorative speech.

On the morning of the 3rd, the Korea Exchange held the '10th Anniversary Ceremony of KONEX Establishment' at the KRX Comprehensive PR Center in Yeouido, Seoul. The ceremony was conducted under the slogan "The Future of Startups, KONEX Has the Answer."

About 150 participants, including executives and employees from KONEX-listed companies, the KONEX Association, the Venture Business Association, the financial investment industry, and investors, attended the event. They shared the incubation achievements of small and venture companies in the KONEX market over the past 10 years and explored future development directions.

Son Byung-doo, Chairman of the Korea Exchange, said in his commemorative speech, "The KONEX market has faithfully served as a growth ladder for early-stage companies with potential," adding, "We will continuously revitalize the KONEX market by diversifying listing attraction channels, supporting transfer listings, and preparing measures to strengthen liquidity."

Kim Jung-gak, a member of the Financial Services Commission’s Securities and Futures Commission, stated, "The KONEX market, now in its 10th year, has established itself as a pillar supporting startup growth and promoting a virtuous cycle of venture capital," and added, "We hope that excellent innovative companies, which will be responsible for the future food sources of our economy, will grow further through the KONEX market."

Meanwhile, the commemorative ceremony was followed by the 'KONEX Market Development Forum.' Professor Kim Yoon-kyung of Incheon National University gave a presentation on "The Role and Tasks of the KONEX Market for Revitalizing the Korean Capital Market," and a panel discussion was held with Professor Shin Hyun-han of Yonsei University as the chair.

Forum participants discussed various legal and institutional improvements to revitalize the domestic venture business ecosystem and the KONEX market. They also engaged in in-depth discussions on introducing multiple voting rights in the KONEX market, expanding the dispersion of major shareholders' stakes, and enhancing the role of venture capital (VC).

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