Yuhan Corporation Holds 55th Memorial Service for the Late Dr. Ilhan New

Yuhan Corporation, Yuhan Foundation, and Yuhan Academy Reflect on Founding Spirit

March 11 marked the 55th anniversary of the passing of Yuhan Corporation founder Dr. Ilhan New.

On this day, Yuhan Corporation, Yuhan Foundation, and Yuhan Academy held the 55th anniversary memorial service for Dr. Ilhan New at the Yuhan Art Hall in Yujaerak, Bucheon, Gyeonggi Province. The solemn ceremony was attended by around 300 people, including bereaved family members, CEO Choh Wookje and employees of Yuhan Corporation, representatives from Yuhan Foundation and Yuhan Academy, staff from Yuhan's affiliated companies, and students from Yuhan Technical High School and Yuhan University.

Yuhan Corporation, Yuhan Foundation, and Yuhan Academy held the 55th memorial ceremony for Dr. Yuilhan on the 11th at the Yuhan Art Hall in Yuje-ra Hall, Bucheon-si, Gyeonggi Province. Yuhan Corporation

Prior to the memorial service, employees of Yuhan Corporation visited Dr. Ilhan New’s grave at Yuhan Hill, where they held a moment of silence and laid flowers in remembrance of his legacy.

In his memorial address, CEO Choh stated, "We have gathered here today to reflect on the noble spirit and great legacy Dr. New left behind, and to reaffirm our commitment to following his path." He continued, "Together with Yuhan Foundation and Yuhan Academy, Yuhan Corporation will place the 'Ilhan New Spirit'—the foundation of our management—at the center of all our decisions and actions, upholding the principles of honesty and responsibility unwaveringly as we embark on a new century."

Dr. Ilhan New was a pioneer among Korean entrepreneurs, founding Yuhan Corporation in 1926 with the conviction that "only a healthy people can regain lost sovereignty." He set an example for corporate conduct by separating ownership from management and establishing the public interest Yuhan Foundation, thereby embodying the spirit of returning corporate profits to society.

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