EM&I, Approval of General Meeting Agenda... "Full Effort for Sales Growth"

EM&I announced on the 29th that all agenda items, including the appointment of directors, were approved as originally proposed at the regular shareholders' meeting.

The newly appointed outside director, Kim Dong-gyu, is an expert in the Indian market, having served as the head of Doosan Heavy Industries & Construction's India branch and as the head of KOTRA's Bangalore trade office. Park Kyung-sung, an inside director, is currently serving as EM&I's CFO (Chief Financial Officer). Kim Shin, an inside director selected in advance to replace a director whose term expires on October 3 this year, previously served as the head of EM&I's China Huizhou branch and is currently in charge of overseas sales.

At the shareholders' meeting, EM&I also approved the agenda items, including the approval of financial statements and the approval of the remuneration limits for directors and auditors, as originally proposed.

Go Chang-hoon, CEO of EM&I, stated at the shareholders' meeting, "This year, the adoption of OLED (organic light-emitting diode) in laptops, tablet PCs, and vehicle displays is on the rise, and we are preparing to diversify our OLED material products. We expect the company's sales to increase accordingly."

He continued, "We will enhance management efficiency by restructuring overseas subsidiaries with low profitability and focus our capabilities on the OLED business. With the goal of achieving the highest performance since the company's founding, we will devote all our efforts to expanding our scale and increasing profitability."