Samsung Heavy Industries Holds 51st Annual General Meeting of Shareholders
"Will Accelerate Smart Innovation... Integrating AI"
Choi Sung-an, CEO (Vice Chairman) of Samsung Heavy Industries, set this year's targets at KRW 10.5 trillion in sales and KRW 630 billion in operating profit. He emphasized the need to design a "future-oriented shipyard" capable of operating 24 hours a day to achieve these goals.
On the 20th, at the 51st regular shareholders' meeting held at Samsung Heavy Industries' Pangyo R&D Center located in Sampyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi Province, Vice Chairman Choi stated, "We will accelerate smart manufacturing innovation." He added, "We will create a groundbreaking automated process model that combines AI transformation with production automation based on digital transformation, aiming for a future-oriented shipyard." On this day, he reviewed last year's achievements and explained to shareholders the key initiatives to be pursued to achieve this year's target performance.
Vice Chairman Choi said, "To secure leadership in eco-friendly ships and autonomous navigation technology, we will expedite the application of ships equipped with carbon capture facilities and the commercialization of fully autonomous navigation solutions." He also stated, "We will commercialize the secured technologies and capabilities to establish a business model that spans both maritime and land sectors," adding, "We will prepare to become a 'technology-centered company for the next 100 years.'"
At the shareholders' meeting, Samsung Heavy Industries approved five agenda items as originally proposed, including the appointment of Kim Sang-gyu, Chairman of the Korea Procurement Research Institute, as an outside director and audit committee member, and Kim Kyung-hee, Vice President (Head of Management Support Office), as an inside director. The meeting saw the attendance of 58.7% of the 828,378,868 shares with voting rights.
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