NS Home Shopping to Advance Payment of 17 Billion KRW to Partners Early

Payment Advanced by 7 Days for Lunar New Year
Supporting Cash Flow Relief and Stable Operations

NS Home Shopping announced on the 13th that it will make early payments of approximately 17 billion KRW in sales proceeds to small and medium-sized partner companies in celebration of the Lunar New Year holiday.

This early payment applies to sales from January 11 to 20 and will be made on January 24, seven days earlier than the originally scheduled payment date of January 31. About 1,150 small and medium-sized partner companies are expected to benefit from this early payment.

NS Home Shopping has been making early payments of sales proceeds ahead of the Lunar New Year and Chuseok holidays every year. This measure is intended to help small and medium-sized partners maintain stable operations amid increased financial burdens from exchange rates, wages, and raw material costs before the holidays. Through this policy, the company plans to practice the value of win-win cooperation based on trust with its partners and further strengthen sustainable partnerships.

Park Seong-min, Director of the Management Support Division at NS Home Shopping, said, “We decided to make early payments to strengthen trust with our partners and lay the foundation for mutual growth ahead of the holidays, when corporate cash demand is concentrated. We will continue to expand various win-win activities that support the stable management and growth of small and medium-sized partners by addressing their practical difficulties together.”

Meanwhile, NS Home Shopping operates various win-win programs for mutual growth with its partners. Through the Win-Win Growth Cooperative Loan Fund and interest-free loan system, the company provides low-interest and interest-free funds to partners, continuing practical support for their business stability.