Visit to Yujin Technology
Meeting Held with Secondary Battery Companies in the Region

The Ministry of SMEs and Startups announced that Minister Oh Young-joo visited Yujin Technology, a secondary battery equipment manufacturing company located in Cheongju, Chungcheongbuk-do, on the 20th to tour the production site and hold a meeting with large and small-medium enterprises in the secondary battery sector in the Chungbuk region.


Minister Oh's visit to the Chungbuk region was arranged following the completion of the selection of participating companies for the 21 'Legend 50+' projects on the 28th of last month. The purpose was to visit the selected companies' sites and proactively resolve anticipated difficulties during project implementation. 'Legend 50+' is a program aimed at fostering innovative growth and enhancing competitiveness of regional SMEs by selecting companies to participate in regionally specialized projects planned by local governments and providing support.


Minister Oh Young-joo of the Ministry of SMEs and Startups visited Yujin Technology, a secondary battery equipment manufacturer located in Cheongju, Chungbuk, on the 20th, and toured the production site.

Minister Oh Young-joo of the Ministry of SMEs and Startups visited Yujin Technology, a secondary battery equipment manufacturer located in Cheongju, Chungbuk, on the 20th, and toured the production site.

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In Chungcheongbuk-do, two projects in the secondary battery and semiconductor fields were selected for 'Legend 50+', with 75 regional SMEs participating. Over the next three years, they plan to receive approximately 45 billion KRW in policy support from the Ministry of SMEs and Startups.


The meeting was attended by Minister Oh, Kim Young-hwan, Governor of Chungcheongbuk-do, heads of related organizations such as Chungbuk Technopark, and six companies participating in 'Legend 50+'. LG Energy Solution and Ecopro, leading the global secondary battery market, also participated to explore ways to connect and cooperate between large and small-medium enterprises within the region.


Representatives of SMEs attending the meeting raised management difficulties such as challenges in securing skilled personnel, expanding support for overseas market entry and research and development (R&D), and policy fund support for pre-purchasing raw and subsidiary materials. In response, Minister Oh stated, "Through the various policy measures of the newly initiated Legend 50+ project by the Ministry of SMEs and Startups starting this year, we will actively support reducing the difficulties faced by regional SMEs and revitalizing the regional economy."



The Ministry of SMEs and Startups has completed the selection of participating companies for 21 'Legend 50+' projects across 17 metropolitan local governments, and as applications and registrations for support projects are proceeding smoothly, it is expected that once support for participating companies begins in earnest from April, it will inject vitality into the regional economy.


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

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