Park Hoonil, CEO of Seonyeong Tech in Yangsan, Donates 100 Million Won in National Compensation for Korean War Victims as Scholarship Fund

Donating the Entire State Compensation
in Memory of His Late Father, Park Chunsik
Park Hoonil Honors His Father's Sacrifice
by Supporting Yangsan's Next Generation

Yangsan City, Gyeongnam Province, announced that on the 12th, Park Hoonil, CEO of Sunyoung Tech located in Sanmak Industrial Complex, donated the entire amount of 100 million KRW in state compensation for his late father, Park Chunsik, who was wrongfully sacrificed during the Korean War, to the Yangsan Talent Development Scholarship Foundation (Chairman Lee Heejong).

On the 12th, Park Hoonil, CEO of Sunyoung Tech, donated the entire 100 million won of state compensation for his late father Park Chunsik to the Yangsan City Talent Development Scholarship Foundation. Provided by Yangsan City

The 100 million KRW donated as a scholarship is especially meaningful as it represents the entire state compensation awarded for the sacrifice of his late father, Park Chunsik, in the “National Guidance League Massacre” during the Korean War.

The late Park Chunsik was serving as a teacher at Yangsan Elementary School when he was killed in the “National Guidance League Massacre.” His wrongful death was revealed through the decision of the Truth and Reconciliation Commission, and compensation was awarded following the court’s decision in 2024.

Park Hoonil, who attended the donation ceremony, said, “I thought donating the state compensation as a scholarship for the younger generation in my hometown would honor the wishes of the late Park Chunsik, who was a teacher. I hope this will be a small help in nurturing the talented individuals needed for Yangsan to grow into a greater city.”

Chairman Lee Heejong expressed his gratitude, saying, “We will cherish this donation and use it as a foundation to help students grow into outstanding local talents, ensuring the late Park Chunsik’s wishes are well conveyed.”

Park Hoonil, a native of Yangsan, is the CEO of Sunyoung Tech, a construction waste processing company producing recycled asphalt and aggregate at the Sanmak Industrial Complex. Since the foundation’s establishment in 2006, he has consistently donated scholarships, with the total amount reaching 60 million KRW.

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