Jungjingong, 'Hydrogen Green Mobility' Small and Venture Business Meeting

Activation of Ulsan Regulatory Free Zone Project

Panoramic View of the Small and Medium Business Corporation

[Asia Economy Reporter Kim Daeseop] The Small and Medium Business Corporation announced on the 23rd that it will hold a 'Hydrogen Green Mobility Sector Small and Medium Venture Companies and Related Organizations Meeting.'

The meeting will be held this afternoon at Usys Co., Ltd. located in Ulsan. About 10 people, including government and related organization officials and small business owners, will attend. The meeting will share industrial trends in the Ulsan region and the progress of the Hydrogen Green Mobility Regulatory Free Zone project. They will discuss the successful execution of the regulatory free zone project and commercialization plans for companies in the hydrogen green mobility sector.

They will also exchange opinions on the difficulties faced by companies on site and policy support directions to revitalize the regulatory free zone. The Usys production plant will also be toured. Since its establishment in 2004, Usys has been producing design system integration (SI) products for shipyards. Currently, it is promoting the production of 'hydrogen drones' powered by hydrogen.

Lee Il-woo, CEO of Usys, emphasized, "For the successful promotion of the regulatory free zone project and the creation of tangible results, follow-up support and management such as customized policy fund support for participating companies are essential."

The Small and Medium Business Corporation plans to comprehensively support the Ulsan regulatory free zone project to revitalize the related ecosystem.

Kim Hak-do, Chairman of the Small and Medium Business Corporation, said, "The hydrogen green mobility sector is a key future growth engine for the national economy. We will actively collaborate with related organizations to secure global technological competitiveness and product commercialization for small and medium venture companies in the hydrogen green mobility sector and prepare measures to support their growth."