According to Yonhap News Agency, Cui Taiyuan, chairman of SK Group, one of the five largest conglomerates in South Korea, and Lu Soying, the eldest daughter of former South Korean President Roh Tae-woo, officially divorced, and their 34-year marriage came to an end.
On the same day, the Family Collegiate Division 2 of the Seoul Family Court made a judgment on the divorce proceedings filed by the two, and at the same time ordered Cui Taiyuan to divide 66.5 billion won (about 350 million yuan) of property and pay 100 million won to Lu Suying. Compensation for moral damages.
According to the judgment, Noh So Young will receive about 310,000 shares of SK Holdings and become the company's fourth largest shareholder.
Cui Taiyuan is the eldest son of Cui Zhongjian, the founder of South Korea SK Group, born in 1960.
Lu Suying is the eldest daughter of South Korea's 13th President Lu Tae-woo. She met Cui Taiyuan while studying in the United States.
According to reports, Cui Taiyuan and Lu Suying held their wedding at the Blue House of the former presidential palace in 1988, and they have 3 children under their knees.
In 2015, Cui Taiyuan publicly stated to the media that he would divorce Lu Suying because of their personality differences, and admitted that he had children outside of marriage.
Cui Taiyuan filed an application for divorce mediation to the court in July 2017, but the mediation failed, and then Cui Taiyuan filed a divorce lawsuit.
Lu Suying has always opposed the divorce, but later changed her position in December 2019 and filed a countersuit, demanding that Cui Taiyuan pay 300 million won in mental damages and 42.29% of the shares of SK Holdings.
Cui Taiyuan holds more than 12.97 million shares of SK Holdings, accounting for 17.5% of the company's total shares.
According to the official website of SK Group, the group was established in 1953 and is currently the second largest enterprise group in South Korea. The company's main business includes green, digital, cutting-edge materials, and biological fields.
In 2021, SK Group's total sales will be US$138.94 billion and its operating profit will be US$18.44 billion, ranking 117th in the Fortune Global 500.
In June 2021, Hon Hai, a Taiwan-listed company, stated that it had acquired a 4.9% stake in the South Korean IT service company SKC&C Group, with an investment of 381 billion won (about 377 million U.S. dollars).
Hon Hai said that it bid 155,500 won per share to acquire the shares of SK Group, which is a long-term investment.
But the company did not disclose other details.
SK Group said in a regulatory filing that it was Chey Tae-won, chairman of SK Holdings and the largest shareholder of SK Group, who sold the shares this time.
After this stake sale, his stake in SK Group dropped from 38 percent to 33.1 percent.
SK Group has a number of listed companies, among which SK Hynix, a semiconductor storage company, has received more attention.
The company is the world's second largest memory chip company, second only to South Korea's Samsung.
In 2021, SK Hynix's operating income will be US$36.1 billion and its net profit will be US$8 billion.
picture
In recent years, South Korea's SK Group has significantly increased the pace of power battery expansion and industrial layout.
Compared with Panasonic, LG Chem, Samsung SDI, Ningde Times, BYD and other well-known power battery giants at home and abroad, SK Innovation (hereinafter referred to as "SKI"), which is responsible for power battery production under SK Group, has slightly inferior performance in terms of power battery installed capacity. , but it supplies to many well-known domestic and foreign car companies such as Hyundai, Kia, Mercedes-Benz, Daimler, and BAIC, and is also well-known in the global power battery field.
On November 27, 2018, SK Holdings, the holding company of SK Group, announced that it decided to acquire the shares of Lingbao Huaxin Copper Foil Co., Ltd. (“Lingbao Huaxin”), an electrolytic copper foil manufacturer in Henan. billion won (approximately RMB 1.662 billion), so SK will become the second largest shareholder of Lingbao Huaxin.
The company is a supplier of many domestic power battery companies.
On October 7 of the same year, SKI stated that it will build a new lithium-ion battery separator (LiBS) and ceramic coating separator (CCS) production plant in Changzhou, Jiangsu Province. This is the company's first overseas material business project.
The investment scale of the project is about 400 billion won (about 2.44 billion yuan), and the factory will be located in Jintan Economic Development Zone, Changzhou City, covering an area of more than 140,000 square meters.
The factory will have 4 lithium-ion battery diaphragm production lines and 3 ceramic coating diaphragm production lines.
SKI plans to start construction in early 2019, and strive to start mass production from the third quarter of 2020.
At the end of June of the same year, Kang Sanghoon, head of SKI's battery division, introduced at the "China (Qinghai) Lithium Industry and Power Battery International Summit Forum" that the company's battery technology advantages mainly include high-energy-density cathode materials, wet-process separators, and battery system manufacturing.