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Hyundai Wia Expands Operation of Win-Win Growth Fund for Partners

Hyundai Wia held a Partnership Day on the 2nd at the Haevichi Hotel in Jeju with 120 partner companies. It was an occasion to share management visions and discuss growth plans, during which the company expressed its intention to strengthen support for its partners.


The company decided to expand the operation of the Win-Win Growth Fund to help partners establish a foundation for growth. This fund is a system that supports partner companies' loan amounts at low interest rates based on deposits from financial institutions. Last year, it was provided to 78 companies, and this year the number of beneficiaries will be increased.


Hyundai Wia Expands Operation of Win-Win Growth Fund for Partners Jae-wook Jeong, President of Hyundai Wia, held the 2024 Partnership Day on the 2nd at Haevichi Hotel & Resort Jeju in Seogwipo, Jeju Island, promoting the company's vision and more. [Photo by Hyundai Wia]

Considering the expanded application of the Serious Accident Punishment Act, the company will also assist in strengthening safety management measures. They plan to review risk factors in the production process and provide improvement consulting. Safety management education will be conducted, and experts will be dispatched to assist with administrative procedures in case of accidents. To enable partners to grow independently, the company will support the costs and consulting for obtaining Authorized Economic Operator (AEO) certification for export-import safety management excellence.


The company also provided detailed information on business strategies and mobility technology trends during the event. They introduced the development achievements and future goals of the integrated thermal management system, which is being promoted as a core business. The robot-centered mobility solution strategy was also shared. Additional meetings with partner companies by industry will be held in the future. The company stated, "It is important to grow together with our partners to respond to the rapidly changing mobility era."


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