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On the 28th, Song Yong-deok, CEO of Lotte Holdings (vice president), visited the vacant place of the late President Shin Shin at Seoul National University Hospital in Jongno-gu, Seoul. Vice President Song (right) is being led by Nongshim Vice President Park Joon (left). Photo = Reporter Shin Kyung-hoon, Korea Economic Daily
Nongshim(281,000 -0.53%) On the 28th, the second day of the funeral of the founding president of Yulchon, Shin Chun-ho, a parade continued to commemorate the deceased in a calm atmosphere. Along with the photo of Chairman Shin of Yeongjeong, the harmony sent by Chairman of Lotte Group, Shin Dong-bin, son of the late Honorary Chairman of Lotte Group, Shin Gyeok-ho, who was desperate in conflict during his lifetime, was He stood up and attracted attention. This day is Song Yong-deok, Lotte Holdings(33,650 + 2.28%) The vice president visited an empty place and commemorated the deceased. As the second-generation management of Nongshim and Lotte Group begins in earnest, the business community is interested in whether the objective of the conflict that has continued for more than half a century will be met.
‘Stay in Japan’ Shin Dongbin and Shin Dongju Harmony … Song Yong-deok’s Condolences
On the 27th, the late President Shin Chun-ho, the defamation of Nongshim, was prepared in the funeral room of Seoul National University Hospital in Jongno-gu. Photo = Yonhap News
On the 28th, steps both inside and outside the corporate world continued to commemorate the deceased in the vacant place prepared in the funeral hall of the Seoul National University Hospital in Yeongeon-dong, Seoul.
In particular, the people of the Beom-Lotte family are interested in whether Nongshim and Lotte can go beyond the conflict between the founders and create an atmosphere of reconciliation between the two business groups. Chairman Shin is the second younger brother of the late Lotte Group founder Gyuk-ho Shin, Honorary Chairman of Lotte Group.
At 10:30 am that day, Lotte Holdings Vice President Song Yong-deok visited the poor and commemorated the souls of the deceased. Vice Chairman Song appears to have been offering condolences on behalf of Lotte Group Chairman Shin Dong-bin, who is staying in Japan. The day before, the former vice president of Lotte Holdings, Hwang Gak-gyu, also visited Binso.
Lotte Holdings CEO Song Yong-deok (vice president, right) visited the vacant seat of the late President Shin Shin, who was prepared at Seoul National University Hospital in Jongno-gu, Seoul on the 28th. Photo = Reporter Mikyung Lee
In particular, the harmony sent by Lotte Group Chairman Shin Dong-bin, the son of Honorary Chairman Shin Gyu-ho, who passed away last year, attracted attention alongside the photo of Chairman Shin. President Dong-bin Shin and President Dong-ju Shin are known to be in Japan, so it seems unlikely that they will find a mourner directly. This is because, even after returning home, it is virtually impossible to attend the funeral schedule considering the period of self-isolation. A Lotte Group official said: “There is no set schedule for condolences yet.”
President Shin ran Lotte’s national business on behalf of President Gyeok-ho Shin, who was active in Japan in the early 1960s. However, after President Shin became independent due to a dispute over the promotion of the ramen business, the brothers continued without having an official exchange. The two died at intervals of about a year. In January last year, President Shin Chun-ho did not visit the vacant seat of President Gyeok-ho Shin, and Vice President Dong-won Shin kept the vacancy.
Also, the day before, President Shin Joon-ho Purmil, President Shin’s younger brother, visited the crypt. President Shin’s siblings include Shin Shin-ho, President of Sansas Food in Japan, Shin Jeong-hee, Vice President of Dongwha Duty Free, Shin Jeong-sook, Shin Shin-ae, and Shin Kyung-sook.
Choi Tae-won, Choi Eun-young, Cho Hoon-hyun, condolences … Jaeyong Lee’s harmony
Photo = Reporter Lee Mi-kyung, Hankyung.com
There was also a harmony to mourn the deceased both inside and outside the business world.
This afternoon, a wreath arrived from Samsung Electronics Vice President Lee Jae-yong. Before that, SK Group Chairman Choi Tae-won, Hanwha Group Chairman Kim Seung-yeon, Hanwha Group Chairman Huh Chang-soo, GS Honorary Chairman Park Sam-koo, Chairman from the Kumho Asiana group, the chairman of Ham Young-joon, Ottogi, and Choi Eun-seok, CEO of CJ CheilJedang, harmonized. Since President Shin was a Buddhist, the harmony sent by the Buddhist world was also remarkable.
President Tae-won Choi visited at 9 o’clock the night before and stayed for about 30 minutes. On the same day, Yusu Holdings Chairman Choi Eun-young (formerly Hanjin Shipping Chairman) and Samyang Holdings Chairman Kim Yoon came to comfort the grieving family.
Amorepacific Group President Seo Gyeong-bae, who married Shin Yun-gyeong, the youngest daughter of President Shin Chun-ho’s youngest daughter, showed frequent appearances, such as welcoming condolences in front of an empty house. / Photo = Reporter Mikyung Lee
At 9:20 a.m., before the official condolences start time (10 a.m.), the ninth Dan Cho Hun-hyun, a noodle soup, visited Vinso. The 9th Dan’s condolences are interpreted because of the relationship that President Shin contributed to Go-related events. Group 9 has a relationship with the Baduk competition supported by Nongshim, such as participating in a special event of the Baduk World Championship at the Nongshim Shin Ramyun Cup last January and winning the tournament.
The Korean Federation of Entrepreneurs (Gyeong-Cong) also commemorated President Shin. Kyung Chong said, “He led the development of the food industry and the K-food craze in the world market. It makes a resounding sound.” Gyeong-Chong added, “I will do my best to overcome the current economic crisis and restore economic vitality by inheriting the entrepreneurial spirit, management philosophy and dedication to national economic development that President Shin passed on.”
Amorepacific, son-in-law Seo Gyeong-bae, married to Shin Yoon-gyeong, President Shin’s youngest daughter.(258,000 -0.58%)On this day, the president of the group appeared frequently, offering his condolences in front of an empty place. Nongshim’s vice president Park Joon also appeared to go to the elevator to see off the visitor.
Nongshim Vice President Park Joon (third from left) guides condolences. Photo = Reporter Shin Kyung-hoon, Korea Economic Daily
President Shin founded Nongshim with capital of 5 million won and raised it as a representative K-food company with sales of 2.6 billion won. President Shin, who founded Nongshim, said, “We have to make ramen loved by Koreans” and created products loved by people, such as “Shin Ramyun”, “Chapaghetti” and “Shrimp Cracker”.
Meanwhile, President Shin passed away at the age of 92 at 3:38 am on the 27th. In honor of the deceased, the founder, Nongshim has a funeral as the head of the Nongshim Group for 4 days. Balin is at 5am on the 30th, and Jangji is Sunyoung in Miryang, Gyeongnam.
Lee Mi-kyung / Oh Jung-min, Reporter Hankyung.com [email protected]
