Pohang City Selects 'Outstanding Long-Established Companies' with 30-Year History... Certificate Award Ceremony Held

Five Outstanding Long-Running Companies Selected for Leading Regional Economic Growth Over the Years

Mayor Lee Kangdeok: "We Will Honor Outstanding Companies and Support Mutual Growth of Society and Business"

Pohang City has selected five companies as the “1st Excellent Long-Standing Companies,” an initiative launched for the first time this year to recognize businesses that have served as pillars of the local economy. The certification ceremony was held on the 14th.

Pohang City held the 1st Excellent Long-Lasting Company Certification Award Ceremony at City Hall on the 14th. (From left: Jiwhan Kim, CEO of Ocean; Kyungho Son, CEO of Samhwa P&C; Wihyuk Son, CEO of Samhwa P&C; Gilyong Kim, CEO of Ocean; Gangdeok Lee, Mayor of Pohang; Bangcharang Song, CEO of Unico Precision Chemical; Yongdong Lee, CEO of Daedong; Gyuseong Noh, CEO of Shinil Intech)

The Excellent Long-Standing Companies of Pohang are selected among local small and medium-sized enterprises (SMEs) with more than 30 years of business history and at least 10 regular employees. The evaluation is based on criteria such as years in operation, contribution to the local economy, financial soundness, and core competencies, with a focus on companies that fulfill their social and economic responsibilities.

This year’s selected companies are: Unico Precision Chemical (CEO Song Bangcharang), Shinil Intech (CEO Noh Gyuseong), Samhwa PNC (CEOs Son Gyeongho and Son Wihyeok), Ocean Co., Ltd. (CEOs Kim Gilyong and Kim Jihwan), and Daedong (CEO Lee Yongdong). Each of these five companies has operated for at least 40 years, achieved outstanding results in their respective industries, and made significant contributions to the development of the local economy.

Unico Precision Chemical, established in 1976 as a chemical product manufacturer, has grown into a medium-sized enterprise with over 130 employees on average, producing high-performance surface treatment agents and precision chemical products, contributing greatly to the economic growth of Pohang City.

Shinil Intech established its factory in Yeonil-eup, Pohang City in 1984 and has consistently continued its business activities without relocation. It is a specialized company in steel plant equipment, handling everything from design to construction. Its solid financial health and outstanding innovation capabilities led to its selection as an Excellent Long-Standing Company.

Samhwa PNC began with a construction business registration in 1979 and has demonstrated exceptional capabilities in the painting construction industry. The company has contributed to establishing a healthy donation culture through community donations, volunteer work for low-income groups, and talent donation utilizing its expertise in painting construction.

Ocean has been a pioneer in the information and communications construction industry since 1983, even before the sector was officially classified. Through continuous technological development, it has received credible domestic and international patents and certifications, achieving sustained growth.

Since 1982, Daedong has been manufacturing steel plant and transport equipment. It has achieved localization of the “blast furnace tuyere,” a core facility in steel mills, and is highly recognized for its independent technological capabilities in that field.

The five selected companies will receive the Pohang City Excellent Long-Standing Company certificate, a plaque of commendation, and a signboard. They will also be granted benefits such as a three-year deferment of local tax audits and preferential support for city SME operating funds during the period of recognition.

Mayor Lee Kangdeok said, “I express my gratitude to the business leaders who have contributed to the community through more than 30 years of continuous business activities and have been selected as Excellent Long-Standing Companies. We will continue to honor outstanding SMEs and provide support so that the community and businesses can grow together.”

Twelve companies applied for the 1st Pohang City Excellent Long-Standing Companies selection. The city plans to select up to five companies each year in accordance with municipal ordinances to honor and respect these distinguished companies.

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