Young Poong's outside directors visited the business sites for the first time after the board of directors' reorganization.
Young Poong noted that all outside directors visited the Seokpo Smelter located in Bonghwa-gun, North Gyeongsang Province, on the 22nd. The Seokpo Smelter is Young Poong's core business site that produces non-ferrous metals, including its main product, zinc.
The visit that day was the first official on-site management by the newly formed board of directors through the recent regular shareholders' meeting. The purpose was for outside directors to directly check the production sites to enhance their understanding of the company's core business and improve the board's decision-making.
The outside directors directly inspected key refining processes and eco-friendly facilities such as the zero effluent system. They were briefed on the current state of environmental investments and safety improvement plans and requested that the smelter continue its efforts with a willingness to improve.
Among the outside directors who attended this time, Jeon Young-jun was appointed as a director of the board at the regular shareholders' meeting in March on the proposal of general shareholder Must Asset Management, after receiving a recommendation from Young Poong's Outside Director Candidate Recommendation Committee. This is the first time a director proposed by general shareholders has joined the board since Young Poong's establishment.