Shinhan Bank said Jeong on March 10 toured Seoul Cosmetics, an OEM (original equipment manufacturing) and ODM (original development manufacturing) company in Namdong-gu, Incheon, and met with Chairman Han Gwang-seok and CEO Han Jeong-su to discuss growth support measures.
The visit was part of Shinhan Financial Group’s broader strategy to expand productive finance. The group held a “Group Productive Finance Steering Committee” meeting on Feb. 11 at its headquarters in Jung-gu, Seoul, to discuss ways to improve the execution and effectiveness of productive finance, which it said will be implemented in earnest starting this year.
During the meeting, Jeong heard the company’s plans to expand production capacity as it grows in global markets, along with its mid- to long-term growth strategy. He then toured the company’s research institute and production facilities to review equipment operations and the overall process for pursuing new businesses.
In an on-site discussion, the sides talked about strengthening supply capabilities, strategies for developing new product formulations, and financial and nonfinancial support needed to enter overseas markets.
“We will further expand tailored cooperation and financial support so companies with strong technology and growth potential can secure competitiveness in global markets,” Jeong said. “We will continue to strengthen field-focused partnerships so corporate innovation and growth can proceed smoothly.”
* This article has been translated by AI.
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