President Lee Kyu-seok: “Promote Advanced Research…Implementing Localized Strategies”,
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Chairman Chung Eui-sun Visits Hyundai Motor Czech Plant
(Seoul=Yonhap News) Hyundai Motor Group Chairman Chung Eui-sun visited the Hyundai Motor Czech Plant (HMMC) in Nosovice near Ostrava, Czech Republic on the 19th (local time) and interacted with local staff at the Hyundai Mobis Battery System (BSA) plant. 2024.9.22 [Provided by Hyundai Motor·Kia. Redistribution and DB prohibited] photo@yna.co.kr,
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, ‘ (Seoul=Yonhap News) Reporter Hong Kyu-bin = Hyundai Motor Group Chairman Chung Eui-sun has been reappointed as an inside director of Hyundai Mobis.’,
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, ‘ On the 17th, Hyundai Mobis held its 49th regular shareholders’ meeting at the GS Tower in Gangnam-gu, Seoul, and reappointed Chairman Chung, whose term was expiring, as an inside director.’,
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, ‘ A Hyundai Mobis representative stated, “Chairman Chung, since his inauguration, has provided a vision for the group’s future innovation and successfully promoted key businesses. Despite internal and external uncertainties such as geopolitical risks, the EV chasm, and unstable international conditions, he has contributed to achieving record sales and operating profits as of the 2025 financial statements,” he explained.’,
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, ‘ At the shareholders’ meeting, Sung Nak-seop, head of Hyundai Mobis FTCI (Senior Executive Vice President), was newly appointed as an inside director, along with the reappointment of James Kim, chairman of the American Chamber of Commerce in Korea, and the new appointment of Park Hyun-joo, Korea Representative of BNY Mellon Bank, as outside directors.’,
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, ‘ The new director Park will serve as the chairman of the audit committee and is expected to contribute to strengthening Hyundai Mobis’s sustainable management strategy and audit committee leadership.’,
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, ‘ In his remarks, Hyundai Mobis President Lee Kyu-seok stated, “This year, we will secure overwhelming technological competitiveness through revitalization of advanced research and establish early capabilities in future growth areas such as automotive semiconductors and core components for robotics,” further adding, “We will strengthen collaborations such as joint advanced development with global customers, and in key growth markets like China and India, we will implement localized strategies.”‘,
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, ‘ President Lee reaffirmed the medium to long-term strategy to expand the revenue share from global customer companies in parts manufacturing to 40% by 2033 and emphasized the maximization of shareholder value.’,
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, ‘ At the shareholders’ meeting, Hyundai Mobis also approved plans for holding and disposing of treasury stock for the implementation of employee compensation and employee stock ownership schemes following the implementation of the 3rd amendment of the Commercial Act.’,
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, ‘ Additionally, changing the title of outside directors to independent directors and the approval of deleting provisions excluding cumulative voting were decided in the articles of incorporation.’,
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, ‘ bingo@yna.co.kr’,
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