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[Press Release] GIST Development Fund receives a 100 million won donation from Jungjoo Ko, the CEO of Nayoung Industries
- 엘리스 리
- REG_DATE : 2016.01.11
- HIT : 1167
GIST Development Fund receives a 100 million won donation
from Jungjoo Ko, the CEO of Nayoung Industries
Room 101 of Oryong Hall is dedicated to Jungjoo Ko
with the placement of a commemorative plaque
with the placement of a commemorative plaque
Chief executive officer Jungjoo Ko and his wife pose with GIST President Seung Hyeon Moon and "Jieon Narae" Student Ambassadors after donating 100 million won to the GIST Development Fund.
Jungjoo Ko, the chief-executive officer of Nayoung Industries, which is a high-tech manufacturing company from the Gwangju High-Tech Industrial Complex, has donated 100 million won to the GIST Development Fund in support of strengthening GIST"s research and development capabilities. The dedication ceremony for Mr. Ko was hosted by GIST President Seung Hyeon Moon on January 6, 2016, in room 101 of Oryong Hall where a commemorative plaque was placed outside the room in honor of Mr. Ko.
Born in 1947, Mr. Ko founded Nayoung Industries in 1982, and it has grown substantially since then with revenues of 29.7 billion won in 2014, making it one of the leading small and medium sized enterprises in the Jeonnam area. Nayoung Industries began as an original equipment manufacturer by making parts for refrigerators as a sub-contractor for larger corporations, such as Samsung Electronics Company, and has continuously developed its in-house manufacturing processes and expertise.
During the dedication ceremony, Mr. Ko explained his reasons for contributing to the GIST Development Fund by saying, "While managing my company for the past 30 years, I have keenly felt the importance of technological developments as well as the need for human resource excellence. In particular, independent research and development capabilities are required for success, and small and medium sized enterprises can benefit enormously from technical cooperation and personnel exchanges with GIST."