The program of “Top Company in Gimcheon" is firstly implemented to promote the morale of local business entrepreneurs as well as to strengthen the partnership relationship between the industry and the public, as part of the new initiative of Gimcheon City. It is meaningful to raise the reputation of Gimcheon, which is overflowing and good for business.

The preferential treatment of this measure is to provide support and benefits both inside and outside the country, including the demand for signboards, the maintenance of major roadside companies (one month), support for preferential treatment of SMEs (up to KRW 500 million), and selection of various SME support projects.

Park Bo-saeng, the Mayor of Gimcheon City, conveyed the commemorative plaque to Chung Byungkee during the regular inquiry on July 1st. He congratulated Keyyang Precision Co., Ltd., the first company to be awarded as the "Top Enterprise in Gimcheon," and said, "SMEs need to be strong to strengthen the regional economic base. We are looking forward to becoming a world-class company leading the local economy and culture by further endeavoring with this opportunity."

Meanwhile, Keyyang Precision Co., Ltd. is becoming a global company by establishing a Chinese corporation this year based on excellent quality and technological power as a car parts company such as development and manufacture of turbo engine.

It was selected by the government as a World-Class 300 company in 2013, received the Iron Tower Order of Merit in 2014, and was named as a Gyeongsangbuk-do Happiness Sharing Company in 2011 by its excellent job creation performance.