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TOYO’s Houston Solar Module Facility Commences Commercial Operations with Secured Customer Demands

TOKYO, Oct. 14, 2025 /PRNewswire/ — TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  (“TOYO” or the “Company”), a solar solution company, today announced that its new solar module manufacturing facility in the Houston metropolitan area (the “Houston Facility”) has received its Certificate of Occupancy issued by the City of Houston on 13 October 2025. This milestone marks TOYO’s commencement of full commercial operations at the Houston Facility, reinforcing TOYO’s commitment to expanding its U.S.-based manufacturing footprint.

The Houston Facility is designed to produce up to 1 GW of high-efficiency solar modules annually. During the trial production phase, the Company has received strong demand from its U.S. clients for the modules manufactured at the Houston Facility. As operations scale, TOYO anticipates robust demand from utility-scale developers seeking reliable and domestically manufactured modules that qualify for favorable tax incentives.

“This certification is a major step forward in our ‘made-in-USA-for-the-USA‘ strategy,” said Junsei Ryu, Chairman and CEO of TOYO. “We’re proud to bring high-quality solar module production to Texas and to support our partners with dependable U.S.-based supply. The strong momentum in customer orders reflects our partners’ trust in TOYO’s technology, execution and long-term commitment to the U.S. market.”

The Houston Facility is expected to qualify for tax incentives under Section 45X of the Internal Revenue Code, providing up to $0.07 per watt in production credits through 2030. This strengthens TOYO’s cost competitiveness while supporting broader goals for domestic energy manufacturing.

About TOYO Co., Ltd.

TOYO is a solar solutions company committed to becoming a full-service solar solutions provider in the global market, integrating upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the expected growth of TOYO, the expected order delivery of TOYO, TOYO’s construction plan of manufactures, and strategies of building up an integrated value chain in the U.S. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of TOYO’s management and are not predictions of actual performance.

These statements involve risks, uncertainties, and other factors that may cause actual results, activity levels, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Although TOYO believes that it has a reasonable basis for each forward-looking statement contained in this press release, TOYO cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the documents filed by TOYO from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

TOYO cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to several risks and uncertainties, including, among others, the outcome of any potential litigation, government or regulatory proceedings, the sales performance of TOYO, and other risks and uncertainties, including but not limited to those included under the heading “Risk Factors” of the filings of TOYO with the SEC. There may be additional risks that TOYO does not presently know or that TOYO currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of TOYO as of the date of this press release. Subsequent events and developments may cause those views to change. However, while TOYO may update these forward-looking statements in the future, there is no current intention to do so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of TOYO as of any date subsequent to the date of this press release. Except as may be required by law, TOYO does not undertake any duty to update these forward-looking statements.

Contact Information:

For TOYO Co., Ltd.
IR@toyo-solar.com 

Crocker Coulson
Email: crocker.coulson@aummedia.org
Tel: (646) 652-7185

Keypoint Intelligence’s Deborah Hawkins to Speak at RemaxWorld Expo 2025

FAIRFIELD, N.J., Oct. 14, 2025 /PRNewswire/ — Keypoint Intelligence is pleased to announce that Deborah Hawkins, Group Director of Keypoint Intelligence’s Workplace Group, will be a featured speaker at RemaxWorld Expo 2025, taking place this week October 16–18 at the Zhuhai International Convention & Exhibition Center in Zhuhai, China.

On Friday, October 17, Hawkins will present “How AI Technology is Affecting Market Trends in the Printing Industry.” Her session will explore how artificial intelligence is reshaping the global print and imaging landscape, from automation and predictive analytics to smarter workflows and customer engagement. Drawing from Keypoint Intelligence’s latest research, she will highlight opportunities for manufacturers, dealers, and service providers to use AI as a catalyst for innovation and growth.

“AI has already begun transforming how companies design, produce, and deliver print services,” said Deborah Hawkins. “Understanding these changes and where the market is headed helps businesses stay ahead in an increasingly intelligent and connected world.”

RemaxWorld Expo is the world’s largest annual trade show for the printing, imaging, and office equipment industries, attracting more than 400 exhibitors and 17,000 visitors from around the world. The event serves as a hub for exploring new technologies, connecting with partners, and exchanging ideas that drive the industry forward.

To learn more or to register, please visit: https://www.rtmworld.com/remaxworld/.

About Keypoint Intelligence
For over 60 years, clients in the digital imaging industry have relied on Keypoint Intelligence for independent hands-on testing, lab data, and extensive market research to drive their product and sales success. Keypoint Intelligence has been recognized as the industry’s most trusted resource for unbiased information, analysis, and awards due to decades of analyst experience.

Autoliv and CATARC in Strategic Partnership

SHANGHAI, Oct. 14, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and China Automotive Technology and Research Center Co (CATARC), the leading research institution setting standards in China’s automotive sector, have signed a strategic agreement to jointly advance automotive safety standards and innovation in China and beyond.

This partnership brings together Autoliv’s global leadership in automotive safety and CATARC’s comprehensive technical service capabilities to establish an integrated domestic and international service system to identify and enhance safety standards for all vehicles produced in China.

The collaboration will span research and development, testing, certification, and standards alignment-providing technical support for the R&D and global expansion of Chinese automakers.

The collaboration will focus on four key areas:

  • Collaborative Research in Safety Technologies – Advancing next-generation safety systems through quality and innovation.    
  • Testing and Certification Support – Enhancing efficiency and reliability in safety validation processes. 
  • International Business Development – Supporting Chinese OEMs in expanding globally with world-class safety.
  • Public Welfare and Sustainability Initiatives – Promoting safer mobility and sustainable development through joint advocacy and innovation.

“Autoliv has had a strong presence in China for over three decades and this partnership marks a new chapter in our commitment to shaping the future of automotive safety and ensuring high quality in products both in China and globally. Automotive safety products never get a second chance and need to work without any flaws or variations. Together with CATARC, we aim to define the next generation of safety standards and enhance the safety on our roads,” said Fabien Dumont, Executive Vice President & Chief Technology Officer of Autoliv.

CATARC’s strengths in product testing and certification, as well as forward-looking R&D, will be leveraged in this collaboration. The partnership also aims to increase industry-university-research integration and optimize the use of domestic and international R&D resources. By combining regional, industrial, and technological advantages, Autoliv and CATARC will jointly drive innovation and set higher standards for automotive safety.

This agreement builds on years of successful collaboration between the two organizations and reflects a shared vision to make mobility safer for all.

CATARC is an official partner for the World Congress Global NCAP25, which will be held in Shanghai October 15 to 17.

Inquiries: 
Media: media@autoliv.com
Gabriella Etemad, Tel +46 70 612 64 24, Emelie Ericson, Tel +46 70 957 81 35
Investors & Analysts: ir@autoliv.com
Anders Trapp, Tel +46 709 578 171, Henrik Kaar, Tel +46 709 578 114

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go to www.autoliv.com.

About CATARC

China Automotive Technology and Research Center Co (CATARC) is a central enterprise directly under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Established in 1985, CATARC is a comprehensive technology enterprise group with extensive influence in the global and domestic automotive industry. CATARC has developed technical service capabilities covering the entire automotive industry chain and product life cycle. Its business spans a wide range of areas including industry services, standards development, policy research, testing and validation and engineering technology R&D.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-and-catarc-in-strategic-partnership,c4249457

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ALV_Press release Autoliv and CATARC in Strategic Partnership

 

Turnitin Welcomes Melissa Havel as its first Chief Communications Officer

OAKLAND, Calif., Oct. 14, 2025 /PRNewswire/ — Turnitin, a global leader in academic integrity, assessment, and AI-driven learning solutions, announced the appointment of Melissa Havel as its first ever Chief Communications Officer (CCO).

Havel joins Turnitin at a pivotal moment as the company deepens its role in advancing academic integrity and guiding educators and institutions through the responsible use of AI. In her role, she will unify communications and brand strategy to strengthen Turnitin’s voice globally.

“Melissa’s career has been defined by her ability to translate innovation into trust, helping organizations shape their narrative with integrity and purpose,” said Chris Caren, CEO of Turnitin. “As Turnitin evolves and takes a leading role in the responsible use of AI in education, her expertise and passion for education will amplify our story and strengthen our global impact.”

With 30 years of communications experience across agency and corporate settings in technology and regulated industries, Havel has advised executives in high-stakes environments. For the past few years she has been consulting with clients in the AI, energy, education and technology industries.

“As AI reshapes education, Turnitin is uniquely positioned to lead the conversation with integrity and responsibility. I am excited to join the team at this moment and to help tell our story and deepen our impact across the global education community,” said Melissa Havel, Turnitin’s new Chief Communications Officer.

Prior to being an independent consultant, Havel was the senior communications leader at Portland General Electric and before that, she served as an executive vice president in the technology sector at We. Communications. Beyond her corporate work, Havel has taught courses in Brand Reputation Management and The Art and Science of Influence at the University of Oregon’s Strategic Communications Master’s Program.

Press Contact
press@turnitin.com 

About Turnitin

In 2025, the company launched Turnitin Clarity, enhanced Turnitin Feedback Studio, pioneered AI bypasser detection, and published its first global research study on AI in education, all while earning a spot on TIME’s list of the World’s Top EdTech Companies and Turnitin Clarity being named to TIME’s list of the Best Inventions of 2025.

Turnitin is a global company dedicated to ensuring the integrity of education and meaningfully improving learning outcomes. For more than 25 years, Turnitin has partnered with educational institutions to promote honesty, consistency, and fairness across all subject areas and assessment types. Turnitin products are used by educational institutions and certification and licensing programs to uphold integrity and increase learning performance, and by students and professionals to do their best, original work.

Over 16,000 academic institutions, publishers, and corporations use Turnitin services: Turnitin Clarity, Gradescope by Turnitin, iThenticate, Turnitin Feedback Studio, Turnitin Originality, Turnitin Similarity, ExamSoft, ProctorExam, and Ouriginal.

TIME ©2025 TIME USA LLC. All rights reserved. Used under license.

 

TWSC Showcases at GITEX GLOBAL, Accelerating Global Expansion with Smart Storage

DUBAI, UAE, Oct. 14, 2025 /PRNewswire/ — The global tech event GITEX GLOBAL 2025 opened at the Dubai World Trade Centre. TWSC presented its full-stack customized consumer storage products and solutions, leveraging innovative storage technologies to empower AI and high-performance computing, accelerate global expansion, and support the growth of the AI ecosystem.

TWSC at GITEX GLOBAL Show 2025
TWSC at GITEX GLOBAL Show 2025

AI Drives New Opportunities in the Middle East

Driven by the global wave of AI-powered digitalization, consumer electronics have become a key growth engine for the storage market. Leveraging its strategic location connecting Asia, Europe, and Africa, along with supportive national policies, the Middle East is rapidly emerging as a hub for technology investment. This presents Chinese storage companies with important opportunities for technology export and supply chain collaboration. TWSC is using GITEX as a platform to deepen its regional presence, advancing its transition from “going global” to “integrating locally.”

Full-Stack Smart Storage Solutions for Diverse Scenarios

Targeting AI devices and creative applications, TWSC showcased three major categories of consumer storage products:

  • Solid-State Drives (SSD): Supporting PCIe 4.0/5.0 standards, with read speeds up to 12,000MB/s and capacities up to 4TB, featuring intelligent thermal control and high-temperature stability.
  • DDR5 Memory Modules: Offering capacities up to 96GB, supporting one-click overclocking beyond 10,000MHz, significantly enhancing gaming and AI multitasking performance.
  • Mobile Storage Series: PSSD and MicroSD products with high-speed transmission, shock resistance, and heat tolerance, suitable for drones and action cameras.

Localization and Collaboration for Industrial Synergy

As part of its globalization strategy, TWSC is evolving from “product export” to “ecosystem integration.” Leveraging its intelligent manufacturing base and R&D centers, the company is building localized channels and service networks to provide fast, customized, and one-stop support for regional customers. At the same time, TWSC is deepening cooperation with local partners in areas such as firmware customization and technical certification, driving coordinated and mutually  beneficial growth across the regional supply chain.

Looking ahead

TWSC will continue to leverage its end-to-end technological strengths in “Chip & Firmware & Scenario” to expand its global footprint and deliver high-performance, customized storage solutions for the AI era.

 

Sae-A Trading Achieves South Korea’s First Better Cotton Initiative Physical Chain of Custody Certification

SEOUL, South Korea, Oct. 14, 2025 /PRNewswire/ — Sae-A Trading, global apparel manufacturer and exporter, announced that it has become the first company in South Korea’s textile and apparel industry to achieve certification under the Better Cotton Initiative (BCI) Physical Chain of Custody (CoC) standard.

The certification confirms the use and management of sustainable cotton across Sae-A Trading’s vertically integrated production—from yarn to fabric to finished garments—enhancing transparency and reinforcing the company’s global reputation as a trusted apparel manufacturer.

Founded in Switzerland in 2005, BCI is the world’s largest sustainable cotton initiative, representing about 22% of global cotton production. The program certifies cotton grown with a focus on environmental sustainability such as responsible water use, soil health, and biodiversity, as well as social responsibility such as labor rights, safety, and fair treatment.

The Physical Chain of Custody system, introduced by BCI in 2024, has required mandatory on-site inspections by accredited third-party auditors since April of this year. This strengthened process ensures that certified cotton is not only documented but also verified directly at each stage of production, transport, and processing. By meeting these higher standards, Sae-A Trading has further enhanced the credibility and transparency of its sustainable cotton management practices.

Audits were conducted by Control Union Inspections (Pvt) Ltd. and GSCS International Indonesia, both official BCI partners. The inspections covered Sae-A Spinning (Sae-A Trading’s yarn manufacturer) in Costa Rica, PT. Win Textile (Sae-A Trading’s fabric manufacturer) in Indonesia, and Sae-A Trading headquarters in Seoul. Auditors reviewed how cotton was managed at each facility—examining usage volumes, digital tracking systems, and actual shipment records—to confirm proper implementation of BCI standards.

With this certification, Sae-A Trading has strengthened traceability across its end-to-end supply chain. The certification further validates the actual usage and management of sustainable cotton across key production processes, providing greater assurance from the production floor through to final delivery. The company now leverages the Better Cotton Platform (BCP) to digitally track cotton transactions and supply status, providing transparent, reliable data to global brand partners and stakeholders.

Jacob Park, Manager of the Global Procurement Division at Sae-A Trading stated, “This certification demonstrates that Sae-A Trading has established one of the most advanced sustainable cotton management systems in line with global standards. Going forward, we will extend certification across our sewing facilities in Southeast Asia and Central America, further scaling the use of sustainable materials and reinforcing our leadership in responsible apparel manufacturing.”

For media inquiries, please contact:

[Global Sae-A PR Department]Karen Seo (Manager) karenseo@sae-a.com
Ella Ko (Jr. Associate) ellako379@sae-a.com

XCENA to Showcase MX1 and AI Workload Demo at 2025 OCP Global Summit; Company Prepares for Series B Funding

SAN JOSE, Calif., Oct. 14, 2025 /PRNewswire/ — XCENA, an innovator in CXL-based computational memory solutions, will present a live demo at the 2025 OCP Global Summit (booth #C19), featuring its flagship product, the MX1, and one of its proprietary software libraries, XFLARE, designed to speed up AI workloads by accelerating database queries.

Demo @OCP image
Demo @OCP image

The demo will show how the MX1 and XFLARE speed up data handling for AI inference workloads. Instead of relying only on CPUs, XFLARE enables the CPU to offload data computing to the MX1’s built-in custom processors, improving overall performance and reducing the amount of data the CPUs access. XCENA will also demonstrate the MX1’s Infinite Memory feature, which expands the amount of memory which a host can access to petabytes using SSD-backed CXL technology giving applications the ability to manage much larger datasets.

“Our mission has always been to bring computation closer to where data lives,” said Jin Kim, CEO of XCENA. “With MX1 and our software tools, we are addressing the critical bottlenecks in today’s AI infrastructure. At OCP we’ll show how this translates into real improvements for system designers and end users.”

This marks the next milestone following XCENA’s announcement of MX1 availability earlier this year, as the company showcases its software stack running on its own ASIC hardware for the first time. The company has been recognized with consecutive industry awards at the Future of Memory and Storage (FMS), most recently earning “Most Innovative Memory Technology” award for its advances in computational memory.

In addition, XCENA confirmed plans to initiate a Series B funding round to raise $100M, beginning later this year. The financing will support customer engagements, broaden go-to-market programs, and accelerate R&D efforts for future products that aim to address application performance challenges in modern datacenters.

About XCENA

Founded in 2022, XCENA is a fabless semiconductor company developing intelligent memory solutions and data-centric computing architecture built on Compute Express Link® (CXL®), an open cache-coherent interconnect standard. The company pushes the boundaries of memory technology to improve performance and efficiency in data-intensive systems. To learn more about XCENA or its products, visit www.xcena.com and follow us on LinkedIn.  

Daesang Successfully Participates in ‘ANUGA 2025,’ Secures Foothold for European Expansion

  • Promoted K-Food through Jongga and O’food at the world’s largest food trade fair, which drew around 160,000 visitors from October 4 to 8
  • Up to 3,000 visitors per day stopped by the booth during the five-day event, with three fusion dishes featuring Jongga Kimchi earning rave reviews.

SEOUL, South Korea, Oct. 14, 2025 /PRNewswire/ — Daesang announced on the 14th that it successfully operated its booth at ‘ANUGA 2025,’ the world’s largest food trade fair, held in Cologne, Germany from October 4 to 8 (local time). During the exhibition, up to 3,000 visitors per day stopped by the Daesang booth, further solidifying its position as a leading K-Food company on the global stage.

Daesang successfully operated its booth at 'ANUGA 2025' held in Cologne, Germany from October 4 to 8
Daesang successfully operated its booth at ‘ANUGA 2025’ held in Cologne, Germany from October 4 to 8

‘ANUGA 2025’ is the world’s largest food trade fair, providing a platform to explore global food industry trends and innovations. This year, more than 8,000 companies from 118 countries participated, attracting around 160,000 visitors and marking the largest scale in its history. Notably, Korea was selected as the official Partner Country for the first time in the fair’s history, underscoring the growing global attention on K-Food.

Within the “K-Food Partner Country Pavilion,” organized by the Korea Food Industry Association, Daesang held more than 300 business meetings with buyers from over 30 countries, including those from Europe, the United States, Canada, and Australia, over the five-day event. As one of the most prominent booths in the pavilion, it drew enthusiastic responses from visitors. In particular, major European distributors from Germany, France, and the United Kingdom showed strong interest in Daesang’s O’food and Jongga products. The company also engaged in in-depth discussions with local buyers to establish new supply contracts and met with many existing partners to expand its product lineup.

Locally produced products such as Mat Kimchi, Gochujang, and Gochujang sauces drew strong interest from buyers. The surge in inquiries about expanding local distribution channels reflected the increasing global demand for kimchi. Gochujang, in particular, benefited from the growing preference for spicy flavors among European consumers, creating opportunities to expand into the regional sauce market.

A cooking show by Michelin-starred Chef Fabrizio Ferrari, well known in Korea for his appearances on Netflix’s Culinary Class War and JTBC’s Please Take Care of My Refrigerator, drew large crowds each day. The cooking show featuring three fusion dishes made with kimchi, including Kimchi Carbonara, Kimchi Sandwich, and Kimchi Cheesecake, drew enthusiastic attention at every session. The pairing of European cuisine with kimchi was especially praised as “beyond expectations,” demonstrating the ingredient’s versatile potential.

Local media also showed strong interest. Westdeutscher Rundfunk (WDR), one of Germany’s major broadcasters, featured a variety of dishes made with kimchi while highlighting Jongga Kimchi, O’food ready-to-eat meals, and sauces, capturing the attention of local consumers. Bernd Zehner, a leading German food creator with 580,000 YouTube subscribers, also visited the Daesang booth to cover the event and help promote the appeal of K-Food.

The Daesang booth stood out with its unique “Vibrant Bloom” design concept, incorporating traditional Korean minhwa artwork. Inspired by Daesang’s corporate identity, the booth’s design features a tree rising five meters from its strong roots. Its striking design captivated visitors, while the harmonious blend of traditional Korean culture and modern aesthetics visually reinforced the beauty of K-Food and significantly enhanced Daesang’s brand image. Going beyond a simple product showcase, the booth also highlighted Daesang’s 69 year history, brand story, and Korean culture, leaving a strong impression on local media and European consumers alike.

Jung-Bae Lim, CEO of Daesang, stated, “This large-scale exhibition, where global consumers from all over the world gather, provided a meaningful opportunity to highlight the rising status of K-Food while reaffirming Daesang’s influence in the European market. We will accelerate our expansion in Europe by building on tangible achievements with local buyers.”

Meanwhile, Daesang is accelerating its push into the European market, which has emerged as a key export destination amid the rising global popularity of K-Food driven by the Korean Wave. By adjusting product formulations to meet regulatory requirements and developing tailored products that align with European standards, the company achieved a 35% year-on-year sales increase in Europe in 2024. In addition, Daesang is building a large-scale kimchi plant in Europe, a first for a Korean food company. Once completed, the facility is expected to produce over 3,000 tons of kimchi annually by 2030, supporting the region’s rapidly growing demand.

About Daesang Corporation

Founded in 1956, Daesang Corporation has been one of the world’s largest producers of fermented food products for over 60 years, and has grown to be the global leading Korean based food company by operating global brands such as Jongga, and O’Food which provides sauce, ready-to-eat meals, and many more products. Headquartered in South Korea, the company has also manufacturing subsidiaries in United States, Poland, China, Indonesia, and Vietnam. Visit www.daesang.com/en for more information.