HS HWASUNG announced on the 21st that it will make early payments for construction costs to support the liquidity of its partner companies ahead of the Lunar New Year holiday.
This is to promote coexistence with partner companies that are experiencing difficulties in management due to economic recession, high interest rates, and high exchange rates, and to contribute to the revitalization of the local economy.
HS HWASUNG plans to make early payments in cash totaling 42 billion won for construction costs to about 240 partner companies before the Lunar New Year holiday.
Park Taek-hyun, Head of Team at HS HWASUNG, said, "Partners are our important allies, and growing together based on coexistence is the most critical value," and noted, "I hope this will help partner companies facing difficulties in managing their funds ahead of the holiday."
HS HWASUNG fulfills its corporate social responsibility by making early payments for partner companies' construction costs and engaging in various support activities for the community during the Lunar New Year and Chuseok holidays every year. HS HWASUNG plans to strengthen its management based on mutual growth with its partner companies.