Shinbo selects 9 'Innovation Leading Companies'... "Fostering Global Mid-sized Companies" > Press Release

(provided by Credit Guarantee Fund)

The Korea Credit Guarantee Fund announced on the 18th that it has selected nine small and medium-sized companies that will lead future innovative growth as 'Innovative Leading Companies'.

The targets are 'Daum Technology Group', which provides civil engineering services, 'Daehong Electric', a distribution panel manufacturer, 'Dong-A Metal', which produces vehicle clamps, 'Dongjin Enterprise', which manufactures secondary battery assembly equipment, 'Diax', a big data-based fitness equipment manufacturer, 'Bioport Korea', an organic beverage manufacturer,

'Elpowertech', a transformer manufacturer, 'Ilsim Almax', which produces air conditioning system parts, and 'Hannam Hitech', a manufacturer of industrial acrylic foam tapes.

They will be provided with various financial and non-financial convergence support, including preferential guarantee support, a minimum guarantee rate of 0.5% for 5 years, preferential interest rates for issuing guarantees for liquidity companies, and customized consulting.

A Shinbo official said, "We have been operating the Shinbo Star Company, a program to foster small and medium-sized enterprises, as an innovative leading company since last year, and have achieved the remarkable result of having 27 companies listed on the stock exchange so far." He added, "We will actively support the innovative leading companies to grow beyond the domestic market into global mid-sized companies by utilizing Shinbo's systematic program."

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