JD Co.,Ltd.

◆ Entrepreneurship incubator tenants sign investment agreement with startup support project

Jun Engineering Corporation (CEO Jeon Hyeong-jin), JD Corporation (CEO Park Joong-gun), and Woohyun Shipbuilding Technology Corporation (CEO Park Sung-jae), tenants of the Startup Incubator Center at Gyeongsang National University, signed a contract for linked investment in government startup support projects.

The Startup Support Project Linkage Investment is a project operated by Korea Venture Investment Co., Ltd. to invest in a matching manner with startup support funds within the scope of available financial resources through screening among companies selected for the government's startup support project and recognized for their growth potential.

Jun Engineering Co.,Ltd. signed a contract to acquire new shares on September 10. The company plans to use the funds to develop the first 2D-based cable measurement program for small and medium-sized shipbuilders and to introduce machinery for commercializing ship models using 3D printing. Currently, the related business has been launched in earnest and is expected to generate more than 1 billion won in sales this year, with a total of five new hires, and the company said it will continue to select excellent local talents.

Source: Betanews(https://www.betanews.net/article/1236963)