Lee Eui-soon, the honorary chairman and founder of SeBang Group, passed away on October 11 at the age of 104.
Born in 1923 in Boseong, South Jeolla Province, he established Korea Shipping Corporation in 1960, leading the modernization of the country's shipping and logistics industry.
Building on the foundation of Korea Shipping, he expanded SeBang Group to include SeBang Co., SeBang Battery Co., SeBang Express Co., and SeBang Industry Co., creating a conglomerate that spans logistics services and automotive batteries.
His automotive battery brand, Rocket Battery, significantly enhanced the industrial standing of SeBang Group.
Throughout his business career, Lee received numerous accolades for his contributions to global corporate responsibility and private diplomacy, including the Presidential Order of Service Merit, the Gold Tower Industrial Medal (2011), and honors from the German and Italian governments.
He is survived by his son Lee Sang-woong, the current chairman of SeBang Group, and two daughters, Lee Ryeo-mong and Lee Sang-hee.
The funeral service will be held at Seoul's St. Mary's Hospital, Room 31. The memorial altar is set up at the SeBang Battery Gwangju Plant Honorary Chairman Memorial Hall. The burial will take place on Wednesday, October 14, at 6 a.m.
* This article has been translated by AI.
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