HDC Holdings Co. Group said it held a two-day group future strategy workshop for 2026 at Oak Valley Resort in Wonju, Gangwon, on the 8th and 9th.
About 60 people, including group CEOs and key executives and leaders from 13 affiliates, gathered for the workshop, including Chair Chung Mong-gyu of HDC Holdings Co. Group, CEO Kim Hoeon of HDC Holdings Co., and CEO Chung Kyung-ku of HDC Hyundai Development Company, to discuss the group's mid- to long-term growth strategy and the direction of its business portfolio.
Chair Chung Mong-gyu said, "Marking the 50th anniversary of our founding, bold change is needed for the next 50 years," adding, "To properly build our own 'IPARK WAY,' we must go beyond the framework of a construction-centered group, advance our core businesses, and pursue qualitative growth through deep reflection."
In addition, the workshop featured heated discussions on group-level strategic directions to respond to the spread of artificial intelligence (AI) technology and changes in industrial structure. Based on HDC Holdings Co.'s portfolio of life, AI, and infrastructure and energy, attendees shared a range of views on providing integrated solutions by organically consolidation the group's accumulated business capabilities and technological strengths in construction, IT, distribution, and hotels and resorts to create new business opportunities.
They also explored ways to enhance group governance by strengthening the holding company system, activate information sharing among affiliates, and promote exchanges of physical and human resources, and agreed to raise product competitiveness and customer trust over the long term by establishing a management stance centered on safety and quality.
HDC Holdings Co. Group plans to use the discussions from the future strategy workshop to both improve the profitability of existing businesses and expand investment in new growth businesses such as energy, spatial artificial intelligence of Things (AIoT), and infrastructure operations.
In particular, HDC Holdings Co. Group plans to systematically consolidate the value chain from investment to operation at the group level to strengthen its revenue model, and focus on creating new value in existing business areas by using AI.