Pukyong National University

The heavier the burden of life, the better it is. The more we do that, the more we grow."
Kim Jae-cheol, chairman of the Dongwon Group declared retirement ... What was included in the 50-year voyage of Captain Kim?

The retirement news of Dongwon Group's chairman Kim Jae-cheol, who is alumni of Pukyong National University, was the top news in the national media on the 17th.

Kim graduated from Pukyong National University, formerly National Fisheries University of Busan in 1958 with a degree of department of Fisheries. Currently, he is an honorary president of Pukyong National University.

On this day, the media gave special meaning to Kim's retirement declaration by expressing such words as "beautiful retirement", "tuna myth" and "tuna king".

What has been going on to his life as a proud alumnus of Pukyong National University?

At the ceremony of the 50th anniversary of the founding of Dongwon Industry held at the Icheon Training Center in Gyeonggi Province on the 16th, Kim announced about his retirement, saying that, "It is time to put down a heavy burden now." It was only 50 years since the founding of Dongwon Industries in 1969 in a small office in Myeong-dong, Seoul, with 10 million won in capital, 3 employees, and 1 fishing boat.

▷ He was different. He always had books with him even on the ship - The Korea Economic Daily

On this day, the Korea Economic Daily reported a top story article titled "Beautiful leaving of captain Kim Jae-cheol in 50 Years"

The Korea Economic Daily said, "(He) entered the National Fisheries University of Busan (Present Pukyong National University). ... Kim Jae-cheol, a young man who graduated from college, became a captain. He was different from other sailors. He always had books with him even on the ship. He studied and noted how to catch fish. He caught the tuna well and was called 'captain JC KIM'."

▷ He is a national treasure worker who wrote myths about Korea's leading deep Sea Fishing Industry.  - Financial News

In the article, the Financial News introduced, "The tuna king, who he led to develope 'Dongwon' choose his retirement beautifully on the 50th anniversary." and added, "Captain Kim, a living witness of the Korean deep sea fishing industry, chairman Kim Jae-cheol of the Dongwon Group leaves the ocean to his junior and retires. Chairman Kim is a national treasure who was a captain of a deep-sea fishing boat at the age of 26, who graduated from the National Fisheries University and wrote the myth of the Korean deep-sea fishing industry."

The article of Chosun Ilbo titled, 'Tuna sea to the sea of finance ... In a 50-year dazzling voyage'. The article introduced, "Kim, who has lived for 50 years as a business person, has pioneered the wasteland of our industry. In the 1960s, he threw himself into Japanese-led deep-sea fishery and made South Korea one of the three biggest fishery industry in the world."

▷ Pioneering the wasteland of our industry as a businessmen starting from the seamen - The Chosun Ilbo

In this article, "Chairman Kim entered the food processing industry in 1982. ... 'Dongwon tuna can' became a national healty food, and it was so sensational. 22 years after that, in 2008, President Kim purchased US StarKist, the world's largest tuna brand, for $ 363 million (about 410 billion won). "I got the 'StarKist' brand, which was the tuna that I had caught on the ocean fishing boats in my 20s."

The 'Dongwon tuna can' made by chairman Kim is the first tuna in Korea.

What was the secret know-how that sustained him and pioneered the unknown until today's chairman Kim?

▷ 84 year old tuna king who withdrew himself  - The JoongAng Ilbo

The title of the JoongAng Ilbo article was 'Putting down the chairman and cheer ... 84-year-old tuna king who retired himself'.
This article introduced chairman Kim's remarks. "'The greater the burden of life, the better it is. The more we do that, the more we grow."

These two sentences are the creed of chairman Kim 's life.

▷ 6 billion donation of voluntary gift tax, showed principle righteousness management.  - The Busan Ilbo

The Busan Ilbo introduced, "He is famous for the gift tax payment case in 1991, when he showed the principle of righteousness management."
"This is the first case ever that Kim has voluntarily paid a donation tax of KRW 6.23 billion for the oldest son Kim Nam-gu, the vice chairman of the Korea Investment Holdings Co.,Ltd." adding, "At the time, the National Tax Service reported that Kim Jae-cheol's 6.2 billion won was the first ever gift tax that he voluntarily reported without taxation."

▷ He developed the Dongwon Group as a group of 7 trillion sales - The Kookje Daily News

The Kookje Daily News said, "The Dongwon Group has grown into an enterprise group with annual sales of 7.2 trillion won (last year), mainly in the four major sectors, such as marine food packaging and logistics. Dongwon tuna can is the best seller so far, with 6.2 billion units sold."

▷ First Generation Business Owner ... A rare case of honorable resignation - Maeil Business Newspaper

Maeil Business Newspaper said, "Chairman Kim is a representative business first generation entrepreneur. It is uncommon for group founders to leave honorably in management."

Why did he choose to quit? President Kim's remarks, introduced by the newspaper, are special.

"In the fourth industrial revolution and the AI period, the speed of information is important. In a speed society, young people will do better if they lead the Dongwon group."

President Kim's message from Chosun Ilbo, to young people these days is also special.

"I am worried that the spirit of challenge of the young generation is disappearing and only the competition is left."

"Recent young people do not lack knowledge, just they cannot change it into wisdom."

"I had several near-death experiences meeting a big wave while riding a ship. When I overcame that crisis, there was a huge fishing ground in front of me."

Kim said in an interview with the Chosun Ilbo that he is thinking about educational activities such as college support through the Dongwon Educational Foundation and humanity education for young people. <Pukyong Today>

"Chairman Kim, you have been really good. We are really glad to accompany you as an alumnus. "- Pukyong Today


△ Newspapers such as the central press with articles of Chairman Kim Jae-cheol.