Kim Yoon, chairman of Samyang Group, urged to create a successful first year toward a new century as the company marks its 100th anniversary in 2025.
On the 2nd, Chairman Kim noted in his New Year’s speech at the 'New Day Connect' event held at the Discovery Center in Pangyo, Seongnam, that “it seems difficult to achieve the planned results due to the continued challenging business environment both domestically and internationally last year, but we have seen encouraging outcomes, such as improved revenue in our global specialty businesses in advanced materials, semiconductors, and personal care, and the stabilization of our biodegradable sutures factory in Hungary contributing to sales growth.”
He continued, “This year, many difficulties are expected due to uncertainties in the global economy and instability in domestic affairs, but I hope all employees will work with determination to achieve our goals to create a successful first year toward the new century,” and added, “Please prioritize the three management policies that I have repeatedly emphasized for several years: enhancing the business portfolio centered on global specialties, managing with a focus on cash flow, and accelerating digital transformation in all operations.”
Chairman Kim emphasized the newly announced corporate mission on the occasion of the 100th anniversary. He stated, “'Awakening the potential of life. Changing the future of humanity' is a new direction and reason for existence that all employees of Samyang must uphold,” urging everyone to remember that proposing a healthier and more convenient life through specialties and innovative solutions is indeed about awakening the potential of life and changing the future of humanity.
He added, “Potential is not something new; it already exists, and we must strive to awaken the hidden potential within us with a broad perspective and tenacious spirit,” and remarked, “All of us, including me and the board of directors, must embody the practice of our three management policies and internalize our corporate mission with the mindset of laying the cornerstone for a new century of history.”