Participating in the world's largest sports and leisure facilities exhibition

| Golf Industry Newspaper |

GSTG Co., Ltd. (CEO Lee Hyo-sang) participated in the "FSB 2025 (International Trade Fair for Public Space, Sports and Leisure Facilities)," the world's largest sports and leisure facility exhibition, held in Cologne, Germany from October 28th to 31st. This exhibition, featuring 575 companies from 46 countries and attracting approximately 30,000 visitors, highlighted the future direction of the global sports and leisure infrastructure industry with key themes such as sustainability, energy efficiency, and digital solutions. At its booth, GSTG showcased a variety of products, including artificial turf, hybrid turf (Cabaron, HERO), and golf mats. High-performance artificial turf made with eco-friendly yarn and recyclable materials, as well as products with durable, low-fill systems, garnered significant attention in the European market. These products received favorable reviews from many European buyers for meeting quality, technological prowess, and environmental standards. Hybrid grass for sports fields and golf courses, which has garnered particular attention, is designed with a 20mm-thick sand layer to ensure compatibility with existing natural grass and turf. It possesses the same functionality and texture as natural grass, while also being resistant to external impacts, resulting in a natural course presentation and high durability. During the exhibition, GST established a network with approximately 60 new buyers, and continues to maintain positive communication with buyers from various countries, including Europe, the Middle East, and the US, even after the event. GST Director Lee Seong-min stated, "Through this exhibition, we achieved meaningful results by strengthening our brand awareness and technological competitiveness in the global market and expanding new partnership opportunities." Meanwhile, GST has completed the development of eco-friendly, high-performance artificial turf products and plans to focus on global commercialization and market expansion. GST also plans to continuously expand its global buyer network, including those in Europe, the Middle East, and the US, and continue to introduce innovative products through relentless R&D.

Artificial Turf Specialist GST Receives ‘3 Million Dollar Export Tower Award’ [61st Trade Day]

GSTG Co., Ltd. (CEO Lee Hyo-sang) won the ‘3 Million Dollar Export Tower’ award from the Korea International Trade Association and the Ministry of Trade, Industry and Energy. The photo shows Lee Seong-min, GSTG Overseas Marketing Director, holding up the award plaque. GSTG Co., Ltd. (CEO Lee Hyo-sang), an artificial turf specialist, won the ‘3 Million Dollar Export Tower’ award from the Korea International Trade Association and the Ministry of Trade, Industry and Energy at the ‘61st Trade Day’ commemorative awards ceremony held on December 5. Founded in 1994, GSTG is a company that specializes in producing and supplying artificial turf for landscaping and sports, hybrid turf, golf mats, and bunker lawns, and has been continuously recognized for its quality in domestic and international markets. In particular, the HERO hybrid turf developed in 2016 is being exported and used by approximately 50 prestigious professional soccer clubs around the world, including Real Madrid, Manchester City, and Brentford Stadium in Europe.

2024 Gyeonggi Small and Medium Business Day, 57 exemplary businessmen awarded

On the afternoon of the 11th, at the '2024 Gyeonggi Small Business Day' event held at the Ramada Plaza Suwon Hotel Grand Ballroom in Suwon-si, Gyeonggi-do, key participants are cutting rice cakes. [Economic Daily] As small business owners in Gyeonggi-do close out the year, a festival of harmony and encouragement was held successfully to boost self-esteem and boost morale through a time for member exchange and awards for outstanding members. On the afternoon of the 11th, the '2024 Gyeonggi Small Business Day' event hosted by the Gyeonggi Small and Medium Venture Business Association (Chairman Lee Won-hae, hereinafter referred to as the Gyeonggi Small and Medium Venture Association) was held at the Ramada Plaza Suwon Hotel Grand Ballroom in Suwon-si, Gyeonggi-do. On this day, the event was attended by approximately 200 people including heads of economic organizations in Gyeonggi Province, including Cho Hee-soo, head of the Gyeonggi Regional SMEs and Startups Agency, Jeong Dong-ho, head of the Gyeonggi Regional Headquarters of the SMEs and Startups Agency, Kim Gil-ah, head of the Corporate Growth Headquarters of the Gyeonggi Province Economic and Science Promotion Agency, Yoo Ji-heung, head of the Gyeonggi Regional Headquarters of the Korea Federation of SMEs, Kwon Won-jeong, head of the Gyeonggi Sales Headquarters of the Korea Credit Guarantee Fund, Jang Jeong-seok, head of the Gyeonggi Regional Headquarters of the Bank of Korea, Lee Bo-yeon, head of the Gyeonggi-In Regional Headquarters of the Korea Human Resources Development Institute for Industry, Yeom Jong-ho, director of the Gyeonggi Credit Guarantee Foundation, and Kwon Bok-hwa, chairman of the Gyeonggi Venture Business Association, as well as executives and representatives of member companies of the association. On the afternoon of the 11th, Lee Won-hae, Chairman of the Gyeonggi Small and Medium Venture Business Association, is giving a speech at the ‘2024 Gyeonggi Small and Medium Business Day’ event held at the Grand Ballroom of Ramada Plaza Suwon Hotel in Suwon-si, Gyeonggi-do. Chairman Lee Won-hae said through a congratulatory message, “Due to the rise in raw material prices and exchange rates, companies’ profitability is decreasing day by day, and difficulties are increasing due to the decrease in sales caused by the domestic economic downturn and the increase in financial procurement costs.” Chairman Lee emphasized, “Additional difficulties are expected due to the protectionist policies that the new U.S. president will implement, and due to the recent chaotic domestic situation, our small and medium-sized businesses are literally competing for survival in a fog where they cannot predict even an inch ahead.” He then appealed, “I earnestly ask the heads of related organizations who are here with us today to continue to support and show interest in establishing customized policies for our small and medium-sized businesses.” On the afternoon of the 11th, Gyeonggi Small and Medium Business Administration Director Cho Hee-soo is giving a congratulatory speech at the '2024 Gyeonggi Small and Medium Business Day' event held at the Ramada Plaza Suwon Hotel Grand Ballroom in Suwon, Gyeonggi Province. In his congratulatory speech, Gyeonggi Small and Medium Business Administration Director Cho Hee-soo said, "Looking back on this year, there were many challenges to our economy," and added, "Externally, the global economic uncertainty increased as the US-China global hegemony competition continued, and domestically, the situation was not easy as consumer sentiment did not recover due to high prices and high interest rates after COVID-19." Director Cho said, "Nevertheless, thanks to the efforts of small and medium-sized business owners, exports are gradually recovering, and as of October, they grew by about 5.4% compared to the same period last year. Per capita GDP also seems to be growing little by little, as it has surpassed Japan for two consecutive years." He continued, “We are working to create and continue to support appropriate measures and policies for the growth of entrepreneurs and their leap forward as global companies, such as ▲building a ladder for corporate growth ▲plans to leap forward into advanced venture investment markets ▲support measures for small business owners and self-employed individuals.” He added, “The budget for small and medium-sized enterprises next year, which passed the National Assembly today, has increased by 2.3% year-on-year to 15.3 trillion won. I hope you will make good use of this support program and grow.” Attendees are taking a commemorative photo at the '2024 Gyeonggi Small and Medium Business Day' event held at the Grand Ballroom of Ramada Plaza Suwon Hotel in Suwon, Gyeonggi Province on the afternoon of the 11th. At the 2024 Gyeonggi Small and Medium Business Day exemplary businessperson merit award ceremony held on site on this day (alphabetical order of award recipients) ◆Prime Minister's Award (1 person) △Kim Yoon-ki, CEO of Hangil Tech Medical (award for meritorious service in balanced development of regional industries) ◆Minister of SMEs and Startups Award (5 people) △Park Ye-jin, CEO of Sambotech △Yang Jeong-ae, CEO of Dongshin Package △Lee Dae-sik, CEO of Myeongshin Elevator △Lee Jung-ho, CEO of Shinyang Mecatec △Hwang Chang-yoon, CEO of SMA ◆Gyeonggi Province Governor's Award (9 people) △Kang Su-jeong, CEO of Camping Inners △Kim Gwang-il, CEO of Seogwang Machinery △Kim Seong-jun, CEO of Daesung Hitech △Kim Tae-yong, CEO of NS Tech △Kim Hyeon-su, CEO of DRS △Park Jong-gi, CEO of Sehyun Park △Lee Go-hee, CEO of Hanju KM △Lee Seon-guk Danjang Co., Ltd. CEO △Jeong Hoe-nam, Taejin Tech Co., Ltd. CEO ◆Gyeonggi Regional SMEs and Startups Administration Director's Commendation (10 people) △Kim Sang-in, Yamujin Planning CEO △Byeon Jong-won, Wellwise Co., Ltd. CEO △Yang Cheol-geun, SKFM Co., Ltd. CEO △Lee Moon-seok, MSN Korea Co., Ltd. CEO △Yoon Seon-ae, Happy Story CEO △Yoon Seon-eop, Seowon Export Packaging Co., Ltd. CEO △Yoon Seong-bo, Hanyoung Co., Ltd. CEO △Yoon Su-jeong, Viable CEO △Lee Seong-woo, Jeonhyang Industry Co., Ltd. CEO △Jang Hong-seok, Connect Brick Co., Ltd. CEO ◆SMEs and Startups Agency Chairman's Commendation (4 people) △Kim Yong-tae, Maxinocean Co., Ltd. CEO △Kim Tae-gyun, Korea Packaging CEO △In Cheong-sik, Seongwon Co., Ltd. CEO △Choi Bok-sik, Haegeumgang Fisheries Co., Ltd. CEO ◆Gyeonggi Province Economic and Science Promotion Agency Director's Commendation (4 people) △Park Jeong-sil, Hive System Co., Ltd. CEO △Yang Yeong-je Representative of Automobile and People △Lee Gyu-seok, CEO of LNS △Han Sang-cheol, CEO of Rican ◆Gyeonggi Credit Guarantee Foundation Chairman's Award (2 people) △Kim Dong-hyeon, CEO of Hanla Shipping △Lee Il-su, CEO of World Ilsoo Insurance Agency ◆Gyeonggi Small and Medium Venture Business Association Chairman's Award (20 people) △Kim Nam-joong, CEO of Wootech △Kim Dong-tak, CEO of Cheongwoo Electronics △Kim Seong-eun, CEO of Pureun Tax Accounting Consulting △Kim Wan-tae, CEO of DY Company △Kim Eun-young, CEO of Yogur Protein △Kim Hyeon-ji, CEO of Haramun Cosmetics △Son Yang-soo, CEO of Yuil Tech △Shin Su-jin, CEO of Neulgoyoo Cosmetics △Shin Dae-cheol, CEO of Shingang Trading △Ahn Tae-soon, CEO of Dawon Tax Law Firm △Oh Su-young, CEO of YMTech △Yukil Refrigeration CEO Yoo Yeong-mun △Lee Ki-hwan, CEO of Hwaseong Packaging △Lee Sang-ho, CEO of Jeil Precision △Lee Seong-min, CEO of GSTG △Lee Yong-woon Wonil Industry CEO △ Jang Seon-ho, Dongyang CEO △ Jeong Chan-yeong, Jigutrade CEO △ Jo Deok-soo, DS Lab CEO △ Jo Cheol-ho, Dream Engineering CEO ◆ Gyeonggi Small and Medium Venture Business Association President Special Award (2 people) △ Lee Bok-soon, Gaon Joint Glass CEO △ Kang Gyeong-sik, FTA Center Director, etc. 57 people were awarded certificates of commendation. Before and after the event, soprano Park Hyo-joo performed and the Suwon Women's Choir performed, receiving enthusiastic applause from the attendees. Meanwhile, Gyeonggi Small and Medium Venture Business Association is an organization representing small and medium venture businesses in the Gyeonggi region. It conducts research on various pending issues related to small and medium venture businesses, accumulates related information and data, and conducts exchange activities among members to suggest the right direction and policy alternatives for solving problems, thereby contributing to fostering small and medium venture businesses prepared with global competitiveness.