'Companies Belong to Society'... Yuhan Corporation Holds 53rd Memorial Ceremony for the Late Dr. Yu Ilhan

Yuhan Corporation held a memorial service to commemorate the 53rd anniversary of the passing of its founder, the late Dr. Yu Il-han, reflecting on the founding spirit of the company, the company announced on the 11th.

On the morning of the 11th, Jo Uk-je, President of Yuhan Corporation, along with bereaved family members and employees, held the 53rd memorial service for Dr. Yu Il-han at Yuhan University in Bucheon, Gyeonggi Province.
[Photo by Yuhan Corporation]

On the same day, Yuhan Corporation held the 53rd memorial service for Dr. Yu Il-han at the Yu Il-han Memorial Hall of Yuhan University in Bucheon, Gyeonggi Province. About 500 people attended the memorial service, including Yuhan Corporation President Jo Wook-je, the bereaved family, Yuhan Corporation executives and employees, Yuhan Foundation, Yuhan Academy, executives and employees of Yuhan family companies, and current students.

In his memorial address, Yuhan Corporation President Jo Wook-je said, "Based on Dr. Yu’s teachings, we will strive to create the 100-year history of Yuhan, which is two years away, and achieve the goal of becoming one of the top 50 global pharmaceutical companies," adding, "We will continue to advance as a company that contributes to the health and happiness of humanity."

Dr. Yu Il-han founded Yuhan Corporation in 1926 based on the belief that "only a healthy people can regain sovereignty." Until his death in 1971, he practiced exemplary corporate activities such as separating ownership and management of the company and establishing the public interest corporation Yuhan Foundation. After his death, he left all his assets to the Yuhan Foundation, which has been recognized as an embodiment of the spirit of social contribution.

Yuhan Corporation, Yuhan Foundation, and Yuhan Academy hold memorial events every year on Dr. Yu’s anniversary, using the occasion to reflect on his patriotic spirit and noble corporate philosophy.

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