Jin-sik Choi, Chairman of Junggyeonryeon, Unanimously Re-elected by the Chairmen

The Korea Federation of Medium-sized Enterprises held a board meeting at the Shilla Hotel in Seoul on the 11th and announced that it unanimously endorsed the current chairman, Choi Jin-sik, as the candidate for the 12th chairman of the Korea Federation of Medium-sized Enterprises (February 2025 to February 2028). Chairman Choi's reappointment will be finalized after approval by the board of directors and the regular general meeting in February next year.

Choi Jin-sik, Chairman of the Korea Federation of Medium-sized Enterprises. Provided by the Korea Federation of Medium-sized Enterprises

Since assuming office as the 11th chairman in 2022, Chairman Choi has led efforts to resolve longstanding issues in the medium-sized enterprise sector by contributing to the establishment of legal grounds for policies supporting and fostering medium-sized enterprises, such as the corporate tax rate reduction in December 2022 and the transition of the Special Act on Medium-sized Enterprises to a permanent law in March 2023.

Shimpack, led by Chairman Choi, is a leading medium-sized company in the domestic press industry recognized as the best in the world and is the first domestic ferroalloy specialized company with a 50-year history. In 2011, it received the $70 million Export Tower Award and was listed among Forbes' 'Top 100 Asian Medium-sized Enterprises.'