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Hyosung Delivers Year-end Donation of KRW 1 Billion for Neighbors in Need Dec.10, 2019

Hyosung is continuing its heart-warming sharing at this year’s end.

Hyosung announced on December 10 that it has delivered a year-end donation of KRW 1 billion to help neighbors to the Community Chest of Korea located in Jung-gu, Seoul.

Hyosung Chairman Hyun-Joon Cho said, “Hyosung is striving to fulfill its corporate responsibilities as a member of the local community. I hope that this will be of a little help for the neighbors in need to have a warmer and more stable living environment.”

Meanwhile, Hyosung has provided daily necessities, such as Rice of Love and Kimchi of Love, to residents of Mapo-gu who have financial difficulties every year. Hyosung is also carrying out various activities in an effort to create a better society at home and abroad, through “Hyosung Smile Expedition,” an overseas medical volunteer group, and the employee sponsorship program for overseas children, among others.


*About Hyosung : Hyosung Corporation is a South Korean industrial conglomerate, founded in 1966. It operates in various fields including heavy Industrial machinery, advanced materials, chemical industry, and textiles. Its CEO is Hyun-Joon Cho and the headquarter is in Mapo-gu, Seoul. Hyosung has a global network of about 90 sites in the U.S., China, Europe and other parts of the world, with about 30,000 employees. Tire reinforcements, spandex, and seatbelt yarns are No.1 in global market share.


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