LG Innotek Creates 'Differentiated Customer Value' Through Win-Win Cooperation

Win-Win Growth Fund Established and Operated at 143 Billion KRW
Supporting Partners in Strengthening ESG Capabilities and Competitiveness

LG Innotek has embarked on a win-win cooperation with its partners to create differentiated customer value.

LG Innotek announced on the 10th that it held the '2025 Win-Win Growth Day' at Oakwood Premier located in Songdo, Incheon. The 'Win-Win Growth Day' is an annual event where LG Innotek and its partners strengthen mutual cooperation for fair trade and win-win growth, held every year since 2010. This year's event was attended by about 40 people, including Kim Junsung, Head of the Purchasing Center (Executive Director), LG Innotek officials, and representatives of partner companies.

On the 9th, LG Innotek held the '2025 Win-Win Growth Day' at Oakwood Premier in Songdo, Incheon, with about 40 attendees including Kim Junsung, Head of the Purchasing Center (Executive Director) of LG Innotek, LG Innotek officials, and representatives of partner companies. They signed the '2025 Fair Trade and Win-Win Growth Agreement.' LG Innotek

On this day, LG Innotek signed the '2025 Fair Trade and Win-Win Growth Agreement' with about 100 major partner companies. Various win-win growth programs will be promoted in fields such as finance, ESG (environment, social, and governance), and education.

The 'Win-Win Growth Fund' will be established and operated with a total scale of 143 billion KRW this year. It is a system that provides funds to partner companies at interest rates lower than those of commercial banks. So far, 113 partner companies have used this fund, with a total support amount reaching 240 billion KRW. The 'Smart Factory Construction Support' program, now in its fifth year, is also being operated. This system supports up to 60% of construction costs for partner companies struggling with factory automation due to high expenses.

LG Innotek also plans to actively strengthen the ESG capabilities of its partners. This year, the number of partner companies eligible for ESG support will be significantly expanded to 50, nearly double that of the previous year. LG Innotek will provide consulting to help partners effectively respond to global ESG management demands, and support the establishment of systems to prepare for global regulations such as sustainable supply chain audit guidelines and the Carbon Border Adjustment Mechanism.

Education to enhance partner competitiveness is also underway. In 2023, LG Innotek newly established the 'Partner Capability Enhancement Training Center' and is conducting on-site practical training such as transferring production technology know-how and dispatching experts. Last year, 468 people from 64 partner companies completed the education program, receiving enthusiastic responses. This year, the number of partner companies targeted for education will be expanded to 85, an increase of more than 30%.

Kim Junsung, Head of the Purchasing Center, said, "The competitiveness of our partners is the competitiveness of LG Innotek." He added, "LG Innotek will continue to create differentiated customer value based on active win-win cooperation with our partners."

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