Koo Kwang-mo, chairman of LG Group, said on the 26th, "Industries like batteries are core future industries of the country and will inevitably be a growth focus for the group."
Koo, who is also the CEO of LG's holding company, LG Corporation, made the remarks through a written greeting at the 63rd regular shareholders' meeting of LG Corporation held at LG Twin Towers in Yeouido, Seoul. The message was read by Kwon Bong-seok, Chief Operating Officer.
Koo stated, "We will continue to come up with innovative solutions in next-generation batteries, process technologies, and more, which can overcome the challenges of the market and technology." He added, "This will not only solidify the market dominance of our core business but also create differentiated value in future business areas such as AI, biotechnology, and Clean Tech, thereby strengthening the growth foundation of our portfolio."
Koo also noted, "A shift in perception is needed to regard compliance as a core infrastructure for corporate growth and development, and no member of LG can be an exception," and emphasized, "We will enhance the compliance system to reflect changes in the times and society in a timely manner."
Koo mentioned the changes in the management environment due to the restructuring of the global trade order and the expanding uncertainties in policies and regulations surrounding corporations. He explained, "The changes in global international relations and the economic environment in 2025, along with the acceleration of technological innovations such as AI, are shifting the enormous axis of the times," adding, "These changes demand a 'new growth mentality' from LG."
He emphasized, "Now is the golden time for changes and innovations for a sustainable future," and noted, "Understanding the new era changes that are on a different level from the past and extracting value to transform industries is a new era demand that creates a new journey for customers."
At the LG Corporation shareholders' meeting that day, all agenda items were approved as originally proposed, including the approval of the financial statements, changes to the articles of incorporation, the cancellation of treasury shares, the appointment of directors and commissioners, and the approval of directors' remuneration limits. Kwon Bong-seok and Ha Beom-jong were reappointed as internal directors, while Professor Jeong Do-jin from Chung-Ang University's business school was newly appointed as an external director and commissioner.