- Leading industry-wide ‘digital transformation’ by applying technologies such as AI, digital twin, & industrial robots  

- Latest annual sales of KRW 1.486 trillion with an operating profit of KRW 110.6 billion...… a 29% increase in sales with a 71% increase in operating profit 

POSCO DX (CEO Jung Duk-kyoon) convened its regular shareholders' meeting and Board of Directors meeting on the 25th, during which it decided to reappoint CEO Jung Duk-kyoon, and formed the ESG Committee to strengthen ESG management. 

On the 25th, current CEO Jung Duk-kyoon was reappointed as CEO through the general shareholders' meeting and Board of Directors meeting convened in Pohang, Gyeongsangbuk-do. In addition, Management Planning Department Head Her Jong-yeol was appointed as an inside director, while Future Technology Research Institute Head Kim Ki-soo, of POSCO Holdings, was appointed as a non-executive director, and former Korean Intellectual Property Office Commissioner Kim Ho-won and former SK C&C President Ahn Jeong-og were appointed as outside directors. 

The ESG Committee is chaired by the outside director Kim Ho-won and formed under the authority of the Board of Directors, assuming the key role of making major ESG-related decisions, particularly environment, society, and governance, transparently and promptly at the board meeting level. 

POSCO DX achieved annual sales of KRW 1.486 trillion and an operating profit of KRW 110.6 billion in 2023, accounting for an increase of 28.9% in sales and 71% in operating profit year on year. Based on its distinguished experience at the forefront of building smart factories at production sites, this year, it is poised to make greater strides in the related business by converging technologies such as AI, digital twin, and robots. 

In particular, the secondary battery materials business Dept. was newly established to increase the efficiency of the automation and smart factory construction business in the eco-friendly future materials sector that POSCO Group undertakes, in tandem with ramping up the industrial robot automation business that has been actively pursued since last year. So far this year, POSCO DX has established a new Robot Automation Center dedicated to robot automation, including consulting, design, and system construction, for integrating robots to high-risk/high-intensity industrial sites, and increased overall technical prowess/expertise by forming the AI Technology Center.

CEO Jung Duk-kyoon said, “Our corporate performance continues to grow steadily on the heels of fruitful efforts to reorganize our business structure and innovation activities, leading to a significant increase in corporate value.” He explained to the shareholders in attendance, “We plan to usher in a new era of growth by discovering and fostering new business fields by leveraging cutting-edge technologies such as industrial robots, AI, metaverse, and digital twin.”