HiteJinro CEO Jinseop Jang and Executives Acquire 30,000 Company Shares... "Commitment to Responsible Management"

Twenty Executives to Purchase Shares by Next Month
Total Volume Expected to Reach Around 30,000 Shares

Inseop Jang, CEO of HiteJinro.

Jinseop Jang, CEO of HiteJinro, along with key executives, has purchased company shares. This move is aimed at reinforcing responsible management, and the total volume of shares acquired by the executives is expected to reach around 30,000 shares.

According to the Financial Supervisory Service's electronic disclosure system as of May 18, CEO Jang recently purchased 5,000 shares of the company, and eight other key executives collectively acquired an additional 10,831 shares.

HiteJinro also announced that 11 other executives who do not currently hold company shares plan to each acquire at least 1,000 shares by next month. As a result, the total volume of shares to be purchased by 20 executives is expected to be around 30,000 shares.

A HiteJinro representative stated, "This is to demonstrate our confidence in mid- to long-term growth through global market expansion and our commitment to responsible management," adding, "We are also working to improve performance through management efficiency, strengthening responsible management in the domestic market, and laying the foundation for growth through aggressive expansion overseas."

HiteJinro is accelerating its efforts to target overseas markets. The company is set to complete its manufacturing plant in Vietnam in the second half of this year, and is also bolstering export-only products such as fruit liqueurs, which are distilled spirits blended with fruit juice and sweeteners.

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