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Selected as the supervising institute ‘Cell Supporter Development Project for Mass Production of Cultured Meat’ by the Ministry of Agriculture, Food and Rural Affairs. Receive advanced investment from companies and 1.4 billion KRW in national funding to pursue project... Response to future food shortages Plans to develop ‘artificial beef’ and begin sales in 2025... Expected to preoccupy the global cultured meat market [April 13, 2021] <YU School of Chemical Engineering Professor Han Sung-soo Research Team> YU (President CHOI Oe-chool) will be in charge of ‘cultured meat’ research that will lead the future food industry with government support. YU School of Chemical Engineering Professor Han Sung-soo’s (Biomaterials Research Lab) Research Team was selected as the supervising institute for the ‘Cell Supporter Development Project for Mass Production of Cultured Meat’. This project is for developing cultured meat, which is artificial beef, being pursued as part of the future-response high value food development project by the Ministry of Agriculture, Food and Rural Affairs and the Korea Institute of Planning and Evaluation for Technology in Food, Agriculture and Forestry. Through the selection for this project, YU will receive 1.4 billion KRW in national funding until 2025 and pursue the project by investing a total of 1.9 billion KRW. This project will be joined by Chungbuk National University and the bio company, Medikan. Cultured meat is artificial meat made by attaching and culturing cells on edible supporters in a culturing device using cow muscle stem cells and medium (food) at a lab or plant without butchering livestock. It is different from plant-based alternative meat that is currently being sold on the market. By 2050, it is expected that the global population will be 9 billion and meat consumption is estimated at 465 million tons, thus requiring an additional 200 million tons of meat production every year. The only solution to this is developing cultured meat. Cultured meat is more eco-friendly and has much higher resource efficiency than producing meat using conventional livestock methods. It is possible to reduce land usage by 99%, gas emissions by 96%, and energy consumption by 45%. It will also become possible to eliminate poor ranching environments and the risk of livestock diseases, and also has the advantage in terms of animal welfare related to butchering and to produce beef customized to the tastes of consumers. It is therefore receiving attention as the future food industry. YU School of Chemical Engineering Professor Han Sung-soo, who is overseeing this project, said, “The global cultured meat market will be born in 2025 and it is expected that it will grow from 140 trillion KRW in 2030 to 700 trillion KRW in 2040, thus accounting for 25% of meat consumption worldwide. The key to the research is recreating the texture, taste and scent of natural beef, and producing it at low costs.” He added, “This study is also designed to complete development by 2025. In particular, this study is being pursued in earnest by global leading researchers and companies in the biotech sector to cope with future food resource shortages and to achieve animal welfare. Investments of 360 billion KRW were raised just last year, and in this business that YU is pursuing, a total of 2 billion KRW in research fund investments over the next five years at 100 million KRW from each of the four companies has been confirmed. Companies also revealed to invest up to a total of 40 billion KRW for commercialization after research is completed, for which discussions are being held, and therefore, there is high possibility for its commercialization.” Meanwhile, Professor Han Sung-soo, who is responsible for the research project, has made many research achievements in the polymer supporter sector while operating the organic gel cluster project team supported by the Ministry of Knowledge Economy (currently Ministry of Trade, Industry and Energy), and founded the YU-ECI Research Center and Cell Culturing Research Center to develop cell culture supporters and cell culturing research. Local governments such as Gyeongsangbuk-do and Uiseong-gun are also providing full support for Yu’s cell culturing research, and therefore, it is expected that the selection for this project will have synergy effects in other relevant research.
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MOU with Rwandan Ministry of Education, pursuing establishment of ‘Department of Saemaul’ in Rwanda Government of Rwanda agrees to recommend international students to Park Chung School of Policy and Saemaul Continuing requests to establish local ‘Department of Saemaul’ in developing countries of Asia and Africa [March 22, 2021] <YU and the Rwandan Ministry of Education entered an MOU for the establishment of the Department of Saemaul at local university in Rwanda> (From left to right: YU President Choi Oe-chool, Rwandan Ambassador to Korea Yasmin Amri Sued) YU’s 'Saemaul Study,’ a native discipline of the Republic of Korea, was invited by the government of Rwanda of Africa. At 2 p.m. on the 22nd, YU entered an international exchange agreement for local education of Saemaul with the Rwandan Ministry of Education. This aims at implementing ‘Saemaul Study,’ which was systemized by YU, as an official education program and to spread knowhow for applying Saemaul Undong in Rwanda and the economic development of Korea through the Saemaul Undong. At this MOU signing ceremony, the Rwandan Ambassador to Korea Yasmin Amri Sued on behalf of the Rwandan Minister of Education. In November of last year, Ambassador Yasmin Amri Sued visited YU to discuss international development plans for Rwandan through the Saemaul Undong. At the time, YU introduced the activities of graduates of the Park Chung Hee School of Policy and Saemaul in their home countries, dual diploma system of Saemaul Studies with Western University of Cambodia, while making a proposal to establish a department at a local university in Rwanda, and held discussions continuously since then. With this official MOU with the Rwandan Ministry of Education, it is expected that a new wind of ‘Saemaul’ will blow within Rwanda. With this MOU, the two institutes agreed to ▲conduct pre-verification and recommendation of the Rwandan Ministry of Education for applicants to the YU Park Chung Hee School of Policy and Saemaul ▲recommendation of universities by the Rwandan Ministry of Education for the establishment of a local department of Saemaul ▲designate the Global Saemaul Development Network (GDSN) as an executive organization for the establishment of the local department of Saemaul and register as a local NGO. Ambassador Yasmin Amri Sued said, “I visited YU about four months ago to talk about Saemaul studies and the Saemaul Undong. I am happy to see that through discussions with my government, I was able to come back to YU to sign this agreement so quickly.” She added, “I believe that this exchange MOU with YU will be a great opportunity for the national development of Rwanda. I hope that this first step will be a giant leap for the development of Rwanda.” Until now, a total of 42 students from Rwanda studied at the YU Park Chung Hee School of Policy and Saemaul, and 38 of them received master’s degrees (excluding one who received a certificate of completion), and three are currently studying. Considering this high level of interest for the Saemaul Undong in Rwanda, it is expected that through this official MOU with the Rwandan Ministry of Education, there will be huge growth in demand for Saemaul education in Rwanda. YU President Choi Oe-chool said, “Even among other African countries, Rwanda is highly interested in national development and economic growth. I am confident that Korea’s national development experience and the Saemaul Undong will help with the development of Rwanda.” He went on saying, “I believe that among the numerous factors that affect social development, fostering human resources is the most important. Therefore, this international exchange MOU that we signed today has significant meaning. YU will provide full support for fostering human resources that will lead the development of Rwanda.” YU has spent the last several years leading the efforts to share Saemaul studies with the international community. In 2015, the Department of Saemaul Economic Development was established at the Enderun College in the Philippines and last year, the Department of Saemaul Economic Development was established at the Western University Phnom Penh Campus and Kampong Cham Campus in Cambodia. YU and Western University agreed on offering the ‘2+2 dual diploma program’ and so students of this department will study two years in Cambodia and then two years at YU and receive bachelor’s degrees in Saemaul studies from both universities. YU founded the Park Chung Hee School of Policy and Saemaul in 2011 and offered Saemaul education for 763 social leaders from a total of 70 countries, and so far, 641 people earned their master’s degrees in ‘Saemaul studies.’ Graduates are currently working as major policy-makers, international development experts, and Saemaul Undong leaders at central governments, public institutes, and international development NGOs.
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Entrepreneur and YU College of Pharmacy class of ‘75 alumnus donates scholarships for juniors... Named ‘WithPharm Scholarship’ Donated a total of 210 million KRW including fund for constructing new College of Pharmacy Building Founder of ‘WithPharm’, a pharmacy specializing in preparing prescriptions... Developed into one of Korea’s top pharmacy chains [March 22, 2021] <WithPharm Vice-chairman Park Jung-gwan donated 100 million KRW for scholarships to YU> (From fourth on left: YU President Choi Oe-chool, Mrs. Kim In-sook (wife of Vice-chairman Park Jung-gwan), Vice-chairman Park Jung-gwan) WithPharm Vice-chairman Park Jung-gwan (64) donated 100 million KRW for scholarships to YU. At 11 a.m. on the 19th, Vice-chairman Park visited YU and met with YU President Choi Oe-chool stating his intent to donate 100 million KRW hoping to contribute with the studies of his juniors at YU. He will donate 20 million KRW every year starting this year for five years for a total of 100 million KRW. Vice-chairman Park also donated 110 million KRW in the past including for the fund to build a new YU College of Pharmacy building, and when including this pledge of 100 million KRW, he will donate a total of 210 million KRW to his alma mater at YU. Mr. Park said, “I often see that universities are facing difficulties these days. There are many alumni who want to help with the development of their alma mater. It is not a lot, but I hope that it can help with my juniors with their studies at YU. I will continue to offer support for my alma mater in the future when I can.” YU President Choi Oe-chool responded by saying, “This donation at such hard times will help me greatly as the president of the school in charge of its management. This will be a great source of pride for the College of Pharmacy alumni and the students currently studying here. The YU College of Pharmacy building that was built last year was also made possible thanks to the support and encouragement of the College of Pharmacy alumni. YU will continue to provide utmost support so that the College of Pharmacy can make even greater achievements.” YU named the development funds donated by Vice-chairman Park as the ‘WithPharm Scholarship’ and plans to use it as scholarships for students. Vice-chairman Park who is from the YU College of Pharmacy class of ‘75 founded ‘WithPharm’ focusing on pharmacies specializing in the preparation of prescriptions in 2000 and built it into one of the representative pharmacy chains in Korea. During its founding in 2000 when the domestic pharmaceutical specialization system was enacted in earnest, WithPharm proposed a new corporate model called ‘Pharmacy chain specializing in preparing prescriptions.’ It is evaluated that more importantly than profits of corporations, the pharmacy was systemized to help settle the pharmaceutical specialization system, and systemized the pharmacy chain business to offer expert information on drugs in an easy-to-understand manner for patients.
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[YU newspaper 1663] Reporter Eom Soo-jin School of Chemical Engineering class of ‘17 Ong Chin Yi selected for the Korean government’s invitational scholarship student program and studied at YU Speaks four languages such as Korean, Chinese and English... Joins the global pharmaceutical company ‘Janssen Vaccine’ in April Received a lot of assistance for studying abroad with scholarship benefits offered by the Korean government... Hopes to contribute to the development of Korean company [March 29, 2021] Ong Chin Yi (24, School of Chemical Engineering, class of ‘17) was born in Malaysia and was selected for the Korean government’s invitational scholarship student program in 2017, and enrolled at the YU School of Chemical Engineering. She is currently an international goodwill ambassador of YU and is spending her college life filled with passion. I met with her to hear her story about studying abroad. What made you decide to leave your home country and study in Korea? I first learned about Korean culture through a Korean friend at a language exchange group back in high school. I became interested in Korea since then and did some research on studying in Korea, and then I was selected for the Korean government’s international student scholarship program, so I came to Korea. Why did you decide to major in chemistry? Back home, there was a chemical engineering complex near where I lived. I think I gained an admiration for chemistry seeing the shiny industry complex. And while taking chemistry classes in middle school, I felt that I possessed the aptitude in that field and decided to major in chemistry. What difficulties did you encounter while majoring in chemistry in a different country? At first, I had a hard time because I couldn’t understand the chemical terminologies written in Korean. In order to overcome these difficulties, I studied high school chemistry classes again in Korean. Thanks to this, I was able to keep up with the major classes. I understand you were part of the 17th international goodwill ambassadors of YU. By participating as a YU international goodwill ambassador, I was able to interact with other international students of various nationalities and gain the ability needed for the global age. I was also able to learn more about teamwork during the course of planning projects together with international goodwill ambassadors. I heard that you will join a Korean company in April. How do you feel as you prepare to start your professional career? I learned a lot from the attitude of Koreans who work very hard in all of their tasks. I believe that if I work as hard as they do, I too will be able to have an enjoyable professional career. I experienced Korea’s organizational culture through my activities as an international goodwill ambassador, so I’m confident about professional life. What goals do you want to achieve in Korea? As an undergraduate, I was selected as a state-funded scholarship student and received tuition and living expenses from the Korean government. Therefore, I plan to contribute to Korea using my abilities. I want to use my abilities in my native tongue and Korean to help with the development of Korea. Do you have anything you would like to say to other international students who are pursuing their academic goals in Korea? I would like to say that hard work does not ensure success, but with sufficient effort, your opportunity will also come. You should work hard believing that there will be an opportunity in the future for your hard work studying abroad to pay off.
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Developed fluorine organic/inorganic nano-hybrid materials that are flexible and printable Supplements weakness of existing materials making it possible to procure key organic/inorganic characteristics Published in recent issue of global academic journal in the materials science sector [March 29, 2021] <School of Chemical Engineering Professor Kim Se-hyeon’s Research Team (major in polymer and bio materials)> (Left to right: Ye Heqing, Professor Kim Se-hyeon, Wang Rixuan) YU School of Chemical Engineering Professor Kim Se-hyeon’s (42) research team (major in polymer and bio materials) developed new material technologies that can be used for next-generation flexible display. Professor Kim’s research team including Ye Heqing (22, sixth term in integrated master’s and doctorate’s program) and Wang Rixuan (30, 2nd term in doctorate’s program) of the Graduate School of Chemical Engineering developed a fluorine organic/inorganic nano-hybrid materials technologies that can be applied in thin-film transistors (TFTs) for next-generation flexible/print electronic materials through joint-research with Professor Kim Joo-young’s research team at Kangwon National University. Professor Kim said, “We developed a new flexible/print material that can be applied to the insulation layer in TFTs, which are unit materials of switching and memory of flexible/print electronic products. The developed organic/inorganic nano-hybrid materials not only have high insulation and chemical resistance, which are the features of inorganic materials, at low temperatures, and can also procure highly flexibility and solution processibility, which are the features of organic materials.” He added, “This material was designed and synthesized to be able to extend the long-term storage safety for more than one year and six months without additives in sol (particles being dispersed in the solution) solution, which is a weakness of existing organic/inorganic nano-hybrid materials. The newly developed material is expected to not only accelerate commercialization of various next-general electronic materials such as for flexible and wearable display, RFID (radio-frequency identification tags), smart cards, etc., but also in various fields such as flexible mobile phone cover glass, hard coating, and bag materials. The research team applied this technology to develop TFTs and logic circuits through the printing process. This study was conducted as part of the leading research support project supported by the Ministry of Education and the National Research Foundation and the parts and materials technology development project of the Ministry of Trade, Industry and Energy. Results of this study were published in the latest issue of the world-acclaimed academic journal of the materials science sector, <Advanced Function Materials> (impact factor (IF)16.836, top 4% of the sector).
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School of Materials Science and Engineering research club ‘Hi-Entropy’ produces multiple research outcomes with titanium alloy materials Recognized for research capacities such as publishing in international journals from undergraduate years [March 9, 2021] <YU School of Materials Science and Engineering student research club, ‘Hi-Entropy’> (From left to right: YU School of Materials Science and Engineering Professor Park No-geun, Doh Hee-dong, Kim Ye-jin, Jang Myung-hyun) A student research club at YU developed titanium alloy manufacturing technologies that can produce the raw materials for bio-friendly implants, thus drawing attention from academic and industrial circles. They are the ‘Hi-Entropy Club’ (Advisor Park Noh-geun) composed of undergraduate and graduate school students of the YU School of Materials Science and Engineering. This achievement was made through a four-month research part that was part of the ‘Localized Research Activity Support Project’ sponsored by Daegu Techno Park. They were recognized for the contributions created through this research and the club president Doh Hee-dong (26, YU Graduate School of Materials Science and Engineering, master’s degree) received the Daegu Mayor’s medal. They developed technologies that can produce zirconium (Zr) alloy materials based on titanium (Ti). Most implant materials use aluminum and vanadium alloys based on CP titanium or titanium. ‘Ti-Zr’ alloy production technologies developed as such are more bio-friendly and have improved mechanical properties such strength and hardness compared to existing implant materials. Currently, there are no companies that produce the raw materials for dental implants and therefore, the entire supply is being imported. This is why the research achievements of the YU students is receiving so much attention. The demand for dental implants is growing by the year with the advent of the global aged society. It is expected that this research achievement will make it possible to substitute imports through localization of source materials and also become possible to respond to the growing demand. The club president, Dog Hee-dong said, “Experiment at the lab stage is currently complete. We plan to continue research on process optimization for mass production of dental implant raw materials,” while adding, “Through follow-up research, it will be possible to expand the scope of application for the titanium alloy material industry including not only dental implants, but also artificial joints and bio materials.” The research outcomes of YU School of Materials Science and Engineering students are the results from research capacities accumulated from undergraduate years. In particular, Kim Ye-jin (22), who is currently in an integrated master’s and PhD program at the YU Graduate School of Materials Science and Engineering, made news by publishing her study in the internationally renowned journal <Materials Letters> in December of last year when she was an undergraduate senior. Kim’s research was on cool processing (room temperature processing) of titanium alloys. Due to its structural nature, titanium alloy is difficult to process at room temperature, but through Kim’s research, it became possible to process at room temperature. For such achievements, Miss Kim received the YU President's Award (2020 Y-type Talent Award). Kim said, “Room temperature processing became possible by discovering the change features of change composed of materials through micro-structure analysis of titanium alloys. Equipment that can withstand hot temperatures and complex pre-treatment procedures must be completed to process materials at high temperatures. With this study, it has become possible to procure economic feasibility. I believe that it can be applied to other titanium alloys aside from the materials that were researched in this study.”
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In light with the pan-government’s ‘4th Framework Plan for Sustainable Use of Dokdo’ Synergy expected for ‘Dokdo territorial sovereignty education and academic research strengthening’ [March 18, 2021] YU (President Choi Oe-chool) and Dokdo Foundation (President Lee Cheol-woo), which is an institute funded by Gyeongsangbuk-do, entered an MOU for establishing the concept of Dokdo territorial sovereignty and expanded historical perception among citizens. This MOU signing ceremony was held at the YU main building 3rd floor conference room at 10:30 a.m. on the 18th and it was entered with the goal of strengthening Dokdo territorial sovereignty education and academic research according to the pan-government’s ‘4th Framework Plan for Sustainable Use of Dokdo’ announced on the 5th. Through this MOU, the two institutes agreed to work together in ▲mutual cooperation for Dokdo education and co-hosting promotional events, ▲academic research on Dokdo and joint hosting of academic conferences, and ▲other joint efforts to strengthen sovereignty over the territory of Dokdo. YU and Dokdo Foundation plans to further strengthen its projects such as the ‘Touring Dokdo Exhibit’ that they have been pursuing since the past, as well as special field lectures for international students and foreign language teachers, international Dokdo academic research conferences, etc., to criticize Japan’s distorted education about Dokdo and to spread the truths and facts about Dokdo to both Koreans and foreigners. YU President Choi Oe-chool said, “The YU Dokdo Institute, which is a policy-centered research institute of the Ministry of Education, possesses the best expertise and knowhow on research and education about Dokdo. Academic research and education about the territorial sovereignty over Dokdo are very valuable activities for the future generation. This work MOU with the Dokdo Foundation will create synergy for education and research activities in strengthening the perception of territorial rights of Dokdo among citizens.” Meanwhile, YU Dokdo Research Institute Chief Choi Jae-mok (Professor of Philosophy) was appointed in March and is serving as a civic committee member of the ‘Dokdo Sustainable Use Committee’ under the Prime Minister’s Office.
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Entered MOU with the municipal and provincial education offices to offer a six-term master’s degree course from the second semester of the 2021 school year Curriculum designed by professors in five majors including computer science, statistics, education, and math education Strengthening ‘convergence and integration education capacities in the AI and big data sectors’ [March 11, 2021] <MOU between YU and Gyeongsangbuk-do Office of Education’ for the opening and operation of the AI-Big Data Convergence Education Major at the Graduate School of Education> (From fifth on left: Gyeonsangbuk-do Superintendent of Education Lim Jong-shik, YU President Choi Oe-chool) YU (President Choi Oe-chool) will foster instructors with convergence education capacities in AI and big data. At 11 a.m. on the 11th, a work MOU on the opening and operation of the AI-Big Data Convergence Education Major at the Graduate School of Education was signed between the Gyeongsangbuk-do Office of Education (Superintendent Lim Jong-shik) and YU. This MOU was signed as part of the Ministry of Education’s ‘AI Convergence Education Instructor Fostering Project’. This project aims at creating an alliance among the Ministry of Education, municipal and provincial education offices, and graduate school of education to foster elementary and middle school teachers through exchange and cooperation in convergence education and research in the AI and big data sectors. Following this MOU with the Gyeongsangbuk-do Office of Education, YU also plans to enter an MOU with the Daegu Office of Education in April. With this MOU YU will be in charge of strengthening elementary and middle school teachers’ capacities in AI and big data in the Daegu and Gyeongbuk regions. The YU Graduate School of Education will select 10 new students in July for the AI-Big Data Convergence Education Major (master’s degree) from the second semester of the 2021 school year. Students will be recommended among current teachers by the education offices of Daegu and Gyeongsangbuk-do, from which the YU Graduate School of Education will make the final selection. The course will span across six semesters and the education offices will provide 50% of the tuition for graduate school. In particular, the YU Graduate School of Education's AI-Big Data Convergence Education Major (master’s degree) will have its curriculum compiled by professors in five departments including computer science, statistics, education, and math education, and it is thus expected that it will be possible to strengthen the integration and convergence capacities of elementary and middle school teachers. YU Graduate School of Education Dean Cho Gyu-rak said, “We have established the foundation for fostering faculty to realize convergence and integration education in the AI and big data sectors, which are the biggest pillars for the age of the fourth industrial revolution,” while adding, “As this course is offered for current teachers, we will work with the Office of Education to operate practical programs that can be used directly by schools.”
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Led development of industrial automation equipment to contribute to the development of the national economy... Conferred honorary doctorate of engineering Distributed Korea’s first ‘LM system localization’ Emphasized importance of fostering personnel... continuously supported university and made industry-academic cooperation achievements [February 25, 2021] YU (President Choi Oe-chool) conferred an honorary doctorate of engineering to Samick THK Chairman Jin Young-hwan (74, photo above). This aims at celebrating his contributions to the development of the industrial automation equipment industry. At the conferment ceremony held at the 3rd floor convention hall at the YU Cheonma Art Center at 4 p.m. On February 25, Chairman Jin receive an honorary doctorate in engineering for his contributions to the growth of the national economy by leading the development of industrial automation equipment. Since joining Samick THK in 1976, he became the CEO in 1994 and then the chairman in 2004. He worked in the industry sector for 44 years and led the localization of the LM (linear motion) system, which is a core device of industrial automation equipment, and 6-axis multi-joint robots, which are futuristic manufacturing equipment, to help lead the development of industry in Korea. In particular, he applied and distributed the LM system in industrial machines, machine tools, and IT equipment for the first time in Korea back in 1984, and produced LM guides for the first time in Korea in 1991, thus contributing greatly in the localization of industrial automation equipment such as semiconductor equipment, robots and machine tools, etc., which relied heavily on imports at the time. In the 2000s, Samick THK entered the mechatronics business and developed parts and industrial robots for manufacturing equipment such as for semiconductors, LEDs, and LCDs, thus leading the development of Korea’s forefront industries. It has unrivaled technologies in the industry that people often say, ‘industrial automation equipment all go through Samick THK.’ It has been assessed that such achievements were the results of Chairman Jin’s outstanding management abilities, knowledge in engineering, and practical knowhow. Chairman Jin said, “It is an honor to receive this honorary doctorate in engineering despite majoring in international trade. Today's Samick THK was made by the hard work of engineers. I believe that I was given this doctorate in engineering to encourage me to lead the age of the fourth industrial revolution with them.” He added, “I am convinced that the culture of precision, excellence and affection. I will continue to lead the company by tirelessly practicing these three cultures. As an entrepreneur, I will engage in social contribution activities in various fields such as industry-academic cooperation, while also working to develop the national economy of Korea.” Chairman Jin emphasized the mutual development of the local society and university as a mid-size enterprise entrepreneur in Daegu. Chairman Jin often said, “People are the most important part for the growth of companies. Companies and universities must work together for synergy effects and to promote the local economy.” With this belief, he continuously pursued industry-academic cooperation with universities. Over 20 R&D projects were carried out with YU and ‘localization of LM system materials’ is a representative achievement made through joint research with the YU College of Mechanical and IT Engineering. He also spared to support for the development of the university. He served as a director of the Yeungnam School for four years from October 2014 and has so far donated over 500 million KRW as development funds to YU. YU used the development funds provided by Chairman Jin to construct the ‘Samick THK Lounge’ on the first-floor lobby of the YU Mechanics Hall in 2019. Chairman Jin served as the vice-chairperson of the Korean Chamber of Commerce, vice-chairperson of the Federation of Middle Market Enterprises of Korea, chairperson of the Korean Chamber of Commerce, and the president of the Daegu Gyeongbuk Machinery Cooperative. He was also recognized for his work in corporate social contribution activities by receiving the ‘2019 Gold Tower Order of Industrial Service Merit,’ Minister of Trade, Industry and Energy at the ‘2014 New Technology Commercialization Contest,’ Presidential Award for the ‘2011 Saemaul Undong Contributions,’ Industrial Award for the ‘2006 Foreigner Investment Attraction Contributor,’ Presidential Award for the ‘2002 Outstanding Capital Material Development Contributor,’ Presidential Award for the ‘2000 New Technology Commercialization Contribution Company,’ and a number of other government awards..