Press

Hyundai Corporation Group Takes the Initiative in Overseas Expansion of ‘K-Quarantine Package’ by organizing a ‘K-Quarantine Team’ with representative Small Hidden Champions

AUG 7, 2020

– On the heels of overseas expansion cooperation with the domestic first-ranking mask maker-Wellkeeps, Hyundai Corporation Group concluded MOUs on overseas quarantine business with Amsbio marking the representative small hidden champion in the field of diagnostic kits and related equipment, and the nation’s only nitrile glove maker-Hayanson in a row –


▲ The representative of amsbio Co.,Ltd., Park, Hye-rin(left side) and the representative of Hyundai C Square, Kim, Seong-yun(right side) are getting a commemorative photograph taken after concluding a business partnership agreement at the BIOSMART GROUP office located at Seongdong-gu, Seoul.

Hyundai Corporation Group (chairman, Chung, Mong-hyuk), with which Hyudai Corporation is affiliated, is taking the lead in overseas dissemination of excellence in K-Quarantine while showing a broad move in expanding an entry into the overseas market for K-Quarantine-related products, which are recognized for their excellence across the world, by making use of the global network which has reached out to the whole world.

Hyundai Corporation Group-affiliated Hyundai C Square Co.,Ltd. announced that it consecutively concluded business partnership MOUs aiming to promote joint overseas expansion for inclusive overseas cooperation business by joining hands with BIOSMART Group(chairman, Park, Hye-rin)-affiliated amsbio Co.,Ltd., and Hayanson Co.,Ltd.(representative, Pi, Hyun-kil) respectively on the 3rd.

In accordance with the recent agreements, Hyundai C Square has gained a foothold to aggressively promote overseas expansion of related products through the cooperation on overseas buyer development, overseas marketing, and overseas corporation management, etc. together with amsbio Co.Ltd., which produces K-Quarantine-related products using DNA chips such as COVID-19 diagnostic kits, etc., and gene analysis, and Hayanson Co.,Ltd., which produces the nation’s only nitrile gloves.

The COVID-19 diagnostic kits of amsbio Co.,Ltd. are the ones which make it possible to identify COVID-19 infection rapidly in less than 1 hour using the real-time Polymerase Chain Reaction(PCR) method, and these kits obtained export approval and use approval from the Ministry of Food and Drug Safety on July 22 & 24, thus being expected of their full-swing overseas expansion.

In addition, the nation’s only nitrile glove maker-Hayanson are selling the gloves, which are made out of Nitril butadiene rubber;NBR), through its own corporate brand ‘Rubber Wrap’, and the Nitrile glove is more excellent than the Latex material glove in wearing sensation and fire resistance, and what is better, free of allergic reaction, and accordingly, the Nitrile glove is ever widening its application scope such as medical, industrial use and cooking, etc.

Meanwhile, Hyundai C Square also concluded an agreement on overseas expansion business of K-Quarantine-related products such as a hygienic mask, hand sanitizer and protective clothing, etc. with the first-ranker Wellkeeps-the first ranker in the domestic mask market share in June. With this recent additional business partnership agreement conclusion with two companies as a momentum, Hyundai C Square is expecting a lot bigger synergy effect on overseas expansion business of K-Quarantine products, for which demand is sharply increasing, by aggressively using each company-possessed strong point, and Hyundai C Square is also planning to aggressively promote overseas expansion of ‘K-Quarantine Package” form by gathering each partnership company’s priority disinfection products like hygienic mask, hand-sanitizer, COVID-19 rapid diagnostic kits, and Nitrile glove, etc.


▲ Hyundai C SQUARE representative Kim Sung-yun(left side) and Hayanson Co.,Ltd., Pi, Hyun-kil(right side) are getting a commemorative photograph taken after concluding a business partnership agreement at the office of Hyundai Corporation Group in Jongno-gu, Seoul.

* Hyundai C SQUARE provides customers with K-anti-virus products, beauty, consumer goods and various related items export, brand licensing, contents, MICE business at Hyundai Corporation Group.