Aekyung Industry will expedite payments to assist its partners' cash flow ahead of the Chuseok holiday.
The company announced on the 21st that it will provide 12.5 billion won in delivery fees to 50 partner companies, advancing the payment date by up to seven days. This initiative aims to alleviate the financial burden on partners during the holiday season and promote mutual growth.
Aekyung Industry has been making early payments to its partners since the 2022 Lunar New Year, with a total of 94.3 billion won disbursed by this Chuseok. The company also runs coexistence programs, including safety and health training for partners, grievance handling channels, and performance-sharing systems.
An Aekyung Industry representative stated, "We hope this early payment will provide practical support for our partners' cash management ahead of Chuseok. We will continue to foster a supply ecosystem based on coexistence with our partners for sustainable growth."
Meanwhile, Aekyung Industry established a new hair care division in April and is targeting the hair loss and scalp care market. The company plans to enhance its competitiveness in the domestic market while strengthening its presence in overseas markets, including North America and Europe, through product line expansion and the selection of new models.
* This article has been translated by AI.
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