HLB Group Leads 'New Shareholders' Meeting Culture'

HLB Group has embarked on creating a new shareholder meeting culture to strengthen communication with its shareholders.

HLB Group announced on the 7th that all 10 listed companies within the group will hold shareholder meetings followed by shareholder briefings this year, providing shareholders with explanations of major business progress and opportunities to ask questions.

The group plans to adjust the meeting times to allow shareholders to attend comfortably and utilize the shareholder meetings as a venue for close communication by conducting factory tours after the events.

Some affiliates will enhance shareholder convenience by distributing shareholder meeting materials in advance via QR codes and implementing electronic voting systems. Given the expected high attendance following the liver cancer approval issue, HLB will also hold various events for shareholders.

Since 2017, HLB has held shareholder briefings directly hosted by Chairman Jin Yang-gon after each annual shareholder meeting. This approach, where the top executive personally addresses shareholders’ questions, has received high approval from shareholders. This year, the practice will be expanded to all listed companies within the group.

Through the introduction of a "new shareholder meeting culture," HLB Group aims to transform the annual regular shareholder meeting from a formal occasion into an active communication platform with shareholders. The goal is to create a virtuous cycle that promotes the company’s vision and enhances corporate value.

Moon Jeong-hwan, Vice Chairman of HLB Group’s Planning and Human Resources Division, explained, "At this year’s group company shareholder meetings, even if only one shareholder participates, the CEO will conduct IR and briefings." He added, "We will use the shareholder meetings as an opportunity to listen to shareholders’ voices and actively reflect them in management, while accurately informing shareholders about the company’s situation to increase their understanding and sense of belonging."