The financial investment industry has provided a record amount of donations and kimchi to support vulnerable communities during the winter at this year's 'Kimchi Sharing Fair.'
On November 4, the Financial Investment Association announced that it held the 16th 'Kimchi Sharing Fair' at Yeouido Park in Seoul.
About 1,000 representatives and employees from 86 financial investment firms, including securities companies, asset management firms, and futures companies, participated in the kimchi-making volunteer activity.
The total donations from the industry amounted to approximately 390 million won, with a total of 80,000 kilograms of kimchi prepared. This year's participation, donation amount, and kimchi volume are all the largest on record.
The kimchi will be distributed to social welfare facilities and neighbors in need through the Green Umbrella Child Fund, a child welfare organization.
The 'Kimchi Sharing Fair' is a joint social contribution event initiated by the financial investment industry in 2011 to support marginalized neighbors during the winter. Now in its 16th year, the event has established itself as a representative social contribution initiative of the industry, with increased participation and donation amounts from member companies and employees.
In addition to the kimchi sharing, the financial investment industry continues to engage in various social contribution activities, including support for vulnerable groups, scholarship programs, and financial education.
Recently, they have been assisting young people preparing for independence by providing monthly contributions to Individual Savings Accounts (ISAs) to help them build assets, while also promoting financial empowerment activities for youth and the elderly.
Hwang Seong-yeop, chairman of the Financial Investment Association, stated, "The dedication of each company and the efforts of employees have allowed us to convey warmth to more neighbors. We will continue to discover and implement ways to provide practical help to our neighbors, grow together with society, and strive to be a trusted financial investment industry that shares its successes with the community."
* This article has been translated by AI.
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