[E-Daily Reporter Kim Ji-woo ] Daesang(001680)Ahead of Chuseok, Daesang advanced payments totaling 40 billion won to its small and medium-sized partner companies by one month. This move was intended to address the increased cash flow needs of partner companies ahead of the holiday and to help them manage their finances smoothly.

Daesang announced on the 7th that it had paid 243 small and medium-sized business partners it works with 30 days ahead of the original payment date. By completing the payments about three weeks before Chuseok, the company ensured that its partners could manage the funds needed for holiday preparations with ample time.

In addition to early payments, Daesang operates a mutual growth program to support the stable management of its partner companies. This includes financial support such as the Mutual Growth Fund, as well as ESG consulting, expansion of domestic and international sales channels, and employee training and welfare benefits.

Every year, the company hosts the “GWP (Great Work Partners) AWARDS” to share achievements in mutual growth and recognize outstanding partner companies.

Daesang CEO Lim Jeong-bae stated, “We made early payments to provide practical assistance to our partner companies with their cash flow ahead of Chuseok,” adding, “Moving forward, we will continue to carry out various mutual growth initiatives based on ‘Respect,’ one of the Group’s core values, to grow together with our partners.”