Shared Growth
HomeSustainabilityShared Growth

Partner Spirit for the Future

Daewonsanup believes that sustainable and greater value can be created by establishing a fair and transparent management system and growing together with partners, making it a global innovative company.

Core Values of Shared Growth Management

As partners beyond business partners, we will establish a fair shared growth management system to enhance mutual competitiveness.

Hands held tightly by several people

Creating a Culture of Fair Trade

  • Strengthening Trust and Cooperation
  • Stabilizing Partner Management
Four people in a meeting

Fair Contract Signing

  • Technological Collaboration and Protection
  • Quality and Management Innovation
A person working with laptop

Prevention of Unfair Trade Practices

  • Establishing Smooth Communication Channels
  • Fair Payment Conditions

Supply Chain Management

  • Operating Partner Code of Conduct
  • Operating Conflict Minerals Policy

Co-prosperity management activities

Fair trade

To establish a fair trade culture with partners, we comply with the 'Subcontracting Transactions Fairness Act' and the Fair Trade Commission's recommendations, and we diligently implement the [four major practices of subcontracting] by strengthening internal regulations.

Strengthening growth foundation

We provide growth momentum through practical capacity training and consulting support for partner company employees. Additionally, we conduct safety and health reinforcement activity education to support the creation of a safety culture and the establishment of a management system for partner companies.

Technical support

We are implementing a CATIA training and license support system to strengthen the technical capabilities of partner companies. Through continuous technology exchanges, such as joint development of patented technologies, we strive to enhance the competitiveness of our partner companies.

Quality enhancement

We cooperate in maintaining and improving stable quality levels through continuous education and customized support activities aimed at stabilizing the quality management system of partner companies.

Financial support

To ensure the stable liquidity of partner companies, we maintain payment terms within 60 days and a high cash payment ratio. We also operate financial support systems, such as early payment of development costs, to support the development of competitive products.

Co-growth event

We hold regular annual partner meetings to share and discuss the management status and difficulties of our partners. During these meetings, we communicate and establish various co-growth support plans to ensure mutual prosperity.

Strategies for supply chain management

Strategies for supply chain management
Daewonsanup Competitive Supply Chain Management Strategies:
To manage the supply chain based on ESG and respond flexibly to changes in the external environment, the purchasing and quality teams collaborate with support departments to manage the supply chain as follows:
  • Establish a Partner Code of Conduct and enter into contracts accordingly.
  • Build a partner ESG evaluation system and strive to strengthen the sustainability capabilities of the supply chain.
  • Establish a conflict minerals policy and reflect it in purchasing policies to ensure responsible sourcing of raw materials.

Fair trade principles

We conduct fair transactions with partner companies by adhering to the 'Subcontracting Fair Trade Rules' based on the three philosophies of fairness, openness, and mutual growth.

Four fair trade practices.

Practice 1

Establish desirable contract execution guidelines to promote mutual cooperation between companies.

Practice 2

Establish guidelines for the fair selection of partner companies.

Practice 3

Establish guidelines to ensure proper issuance and preservation of written documents in subcontract transactions.

Practice 4

Establish and implement guidelines for an internal review committee for subcontract transactions.