Vice Chairman Lee Sang-gyun of HD Hyundai Heavy Industries said on the 31st that the company would innovate its production structure through digital technology and the establishment of a smart shipyard.
At the 7th regular general meeting of shareholders held that day at the HD Art Center in Dong-gu, Ulsan, the vice chairman said the company would focus on stabilizing processes in response to changes in core ship types, and stated accordingly.
Lee said the company would secure a mid- to long-term growth base by strengthening competitiveness in future growth areas such as carbon-free ships and eco-friendly fuel engines. He added that, based on integrated synergies, the company would lay the groundwork to achieve 37 trillion won in revenue in 2035 and would continue to work to enhance shareholder value to become a more trusted corporations.
According to the business report that day, HD Hyundai Heavy Industries posted 17.5695 trillion won in revenue and 2.0427 trillion won in operating profit last year. Based on these results, the company resolved a cash dividends of 3,990 won per share (a dividend yield of 0.7%).
At the shareholders meeting that day, items including ◇ the partial amendment of the articles of incorporation, ◇ the appointment of inside directors, ◇ the appointment of directors to become Commissioners of the audit committee, and ◇ the approval of the limit on directors' remuneration were approved as originally proposed.
HD HHI also refined standards related to quarterly dividends so that investors can make investment decisions after checking whether quarterly dividends have been resolved.
The company reappointed Vice Chairman Lee Sang-gyun as an inside director and newly appointed President Geum Seok-ho, and appointed Park Kwang-woo, a professor at the KAIST Graduate School of Finance, as a director to become a Commissioner of the audit committee.