CEO Cho Young-jun Makes Prepayments at Five Chungmu-dong Alley Market Stores
Nominates Cheonil Passenger Group CEO Park Bo-hyun as Next Participant

The sixth participant in Busan City's "Good Payment" campaign relay, aimed at revitalizing the local economy by encouraging people to pay for their meals first, has taken the baton.


Busan City (Mayor Park Hyung-jun) announced on the 20th that on the 19th, Cho Young-jun, CEO of Wooyang Fisheries Co., Ltd., joined as the 6th private company participant in the "Busan-style Good Payment Campaign."


On the day, CEO Cho visited the Chungmu-dong alley market with the Seo-gu District Mayor and prepaid meal expenses for employees at five restaurants and shops.

Woo Yang Su San CEO Cho Young Joon (right) is participating in the Kind Payment campaign by prepaying employee meal expenses.

Woo Yang Su San CEO Cho Young Joon (right) is participating in the Kind Payment campaign by prepaying employee meal expenses.

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Wooyang Fisheries Co., Ltd., established in 1982, is a mid-sized Busan-based seafood company engaged in large-scale purse seine fishing. Through its subsidiary Wooyang Industrial Development and the listed company Segi Trading, it owns and operates the Gyeongju Hilton Hotel, Chungmuro Daehan Theater, and Wooyang Art Museum.


The company is also actively involved in community contributions. CEO Cho serves as the chairman of the Foreign Affairs Advisory Council at the Busan Police Agency, working to support foreign residents and multicultural families in Korea.


CEO Cho Young-jun said, "I hope the Good Payment Campaign will bring warmth to the local economy, and I participated because I sympathize with its good purpose," adding, "I expect the local commercial districts to regain vitality through promoting local consumption."


He nominated Park Bo-hyun, CEO of Cheonil Passenger Group, as the next participant.


Cheonil Passenger Group, founded in 1949 based on Cheonil Passenger Automobile, has focused on passenger transportation and terminal operation for the past 75 years. It has also expanded its business into distribution (Apple Outlet) and energy (Cheonil Energy) sectors.


The Busan-style Good Payment Campaign by private companies is conducted by prepaying meal expenses at local regular restaurants, cafes, and small business stores and promising to revisit. The campaign is scheduled to conclude with the 7th participating company by the end of February.


The Good Payment certification event to expand citizen participation is ongoing with active involvement from citizens. Those who wish to participate can prepay 100,000 KRW or more at Busan-based businesses by April 6, then register payment receipts and business coupons as certification materials on the city’s website and leave messages supporting small business owners.


Large marts, department stores, online shopping malls, and businesses outside Busan are excluded from the event. Duplicate or multiple entries are not allowed. A draw is held every Wednesday for participants who registered from Monday to Sunday, selecting 78 winners weekly who receive Dongbaekjeon policy support funds worth 50,000 KRW (3 winners), 30,000 KRW (5 winners), and 10,000 KRW (70 winners).



Kim Bong-cheol, Director of Busan City's Digital Economy Office, said, "The voluntary participation of private companies is a great force in revitalizing the local economy," adding, "Although the campaign is nearing its end, the changes created by warm participation will continue."

CEO Cho Young-jun of Uyang Fisheries (third from the right) and employees are participating in the Kind Payment campaign, holding picket promotional materials.

CEO Cho Young-jun of Uyang Fisheries (third from the right) and employees are participating in the Kind Payment campaign, holding picket promotional materials.

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

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