40% of Last Year Revenue (Materials Division) Was Exports... Opening New Silk Road with K-Packaging

Dongwon Systems (CEO Jo Jeom-geun, 014820) disclosed on the 11th that it achieved consolidated revenue of 1,334.3 billion KRW and operating profit of 91.9 billion KRW last year (separate standard revenue 1,230.1 billion KRW, operating profit 81.2 billion KRW). Revenue and operating profit increased 4.5% and 13.7% respectively compared to 2023. Dongwon Systems materials/packaging/secondary battery divisions all grew uniformly. The K-packaging export strategy: Dongwon Systems packaging materials are finding export markets across Asia and beyond as Korean food export brands (Bibigo, Ottogi, Nongshim) expand globally and need locally produced packaging for their international manufacturing; the "New Silk Road" metaphor refers to the export routes from Korea packaging manufacturing to global food processing markets; the 40% export revenue share demonstrates meaningful international diversification beyond the domestic Korean food industry that was traditionally the primary customer.