KGC Ginseng Corporation Receives Minister of Trade, Industry and Energy Award at the '2023 Corporate Intellectual Property Awards'

KGC Ginseng Corporation announced on the 25th that it received the Minister of Trade, Industry and Energy Award at the ‘2023 Corporate Intellectual Property Awards’ ceremony hosted by the Ministry of Trade, Industry and Energy and the Korean Intellectual Property Office.

KGC Ginseng Corporation, a leading health food company in Korea, was recognized for its outstanding achievements in domestic and international trademark rights and for freely distributing ginseng cultivation technology utilizing patents to farmers, and was selected as the best company in intellectual property management.

The Corporate Intellectual Property Awards is the most prestigious award in the field of intellectual property in Korea, given to companies that have strengthened their intellectual property capabilities and contributed to the development of national intellectual property and industry by sharing and spreading intellectual property know-how.

In March 2020, KGC Ginseng Corporation enhanced the status of Korea’s K-brand with ‘正官庄’ recognized as a well-known trademark in China, and in October last year, it became the first domestic company to register a ‘color trademark’ with the Korean Intellectual Property Office, opening a new chapter in trademark management.

Additionally, it has registered and managed over 8,500 intellectual property rights including trademarks, patents, designs, and varieties in more than 60 countries worldwide, contributing to the development of the national intellectual property industry. In particular, it was highly evaluated for leading the free distribution of variety protection patents and cultivation technologies related to ginseng cultivation for farmers, earning the Minister of Trade, Industry and Energy Award.

A representative of KGC Ginseng Corporation stated, “We will continue to contribute to the development of the national intellectual property industry through the advancement of intellectual property management, not only by differentiating trademark rights but also through continuous technology development and patent acquisition.”

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