Gumi City Selects Five Global Small Giants

Leading in Color Steel Plates, Semiconductor Parts, and Solar Cables
Customized Support Bears Fruit, Accelerating Financial, R&D, and Marketing Assistance

Gumi City in North Gyeongsang Province announced that five local companies have been selected for the "Global Small Giant 1000+ Project," a program by the Ministry of SMEs and Startups aimed at fostering small and medium-sized enterprises (SMEs) with high growth potential as export-leading companies.

The Global Small Giant program selects companies with export performance of over $5 million in the previous year and is one of the ministry's flagship initiatives to nurture SMEs by providing customized support in areas such as finance, R&D, and marketing. This year, seven companies from Daegu and eight from North Gyeongsang Province were designated as Global Small Giants, with five of the eight North Gyeongsang companies located in Gumi.

The five Gumi-based companies designated as Global Small Giants are Geosang, CMTX, JH Materials, Sandong Metal Industry, and Seah Mechanics.

Kisang Moon Jehee CEO.

Geosang, established in 1996 and led by CEO Moon Jehee, exports color steel plates used in construction, daily life, and home appliances, as well as special coatings for IT products. With export sales reaching $100 million last year, it is recognized as one of the leading export companies. Recently, its self-developed scooter "CAS-1" has attracted significant attention in Southeast Asian countries.

CMTX, led by CEO Park Sunghoon, is a specialized company producing key components for semiconductor etching processes. It holds several patented technologies rare in Korea and is recognized for its technological prowess, supplying both domestic and leading overseas semiconductor manufacturers. In addition, it possesses top-level domestic processing technology for manufacturing silicon parts, as well as lapping and polishing technologies.

JH Materials, headed by CEO Heo Jehong, is a leading player in the solar energy industry, pioneering the clean energy sector. With the goal of localizing the solar industry, the company produces high-purity ribbon wires for solar cells, which efficiently collect electricity generated in solar cell modules, driving technological innovation in the solar field.

Sandong Metal Industry, led by CEO Bae Seonbong, is a rare company in Korea that manufactures piping devices for crude oil and gas drilling and electric motor parts, and is registered as a partner with major overseas oil companies. It holds 15 patents and 3 utility models, among other intellectual property rights, and is widely recognized for its technological capabilities both domestically and internationally.

Seah Mechanics, headed by CEO Cho Changhyun, is a global company producing top-quality eco-friendly and internal combustion vehicle parts, as well as electronic components, based on its proprietary aluminum die-casting technology. Seah Mechanics is evaluated as having entered the global value chain by proactively adapting to the paradigm shift in the automotive industry through advanced R&D.

Mayor Kim Jangho congratulated the representatives and staff of the companies selected as Global Small Giants, stating, "I am delighted that our outstanding local SMEs are being recognized for their activities not only in Korea but around the world. Gumi City has provided various support policies to foster SMEs with growth potential, and we will continue to do our best to establish growth-oriented policies and provide customized support measures for companies."

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