Yujin Technology said on July 22 that it has been selected as the preferred bidder for the South Korean government's 2026 AI Transformation (AX) One-Stop Voucher Program, led by the Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA).

Yujin Technology will carry out the project through a consortium with Plan I and Gabia, developing a generative AI-based manufacturing platform for battery equipment.

The project will receive approximately 1.1 billion won in government funding during its first year. A second year of funding of a similar scale is expected following an evaluation of the first year's performance.

During the first phase, Yujin Technology plans to complete development of the AI platform and conduct proof-of-concept demonstrations. The second phase will focus on deployment in production environments and further enhancement of the platform's capabilities.

The company also plans to expand the platform beyond the battery industry into other manufacturing sectors, including semiconductors and precision machining.

"By establishing a generative AI-driven business innovation framework and a data-centric smart manufacturing system, we aim to improve both productivity and product quality," a Yujin Technology official said.

Kim Sang-kyun, chief executive officer of Hanjung NCS, has outlined his first management vision since taking office, pledging to strengthen the company's technology competitiveness and pursue profit-focused, accountable management.

Hanjung NCS announced on July 22 that Kim delivered a message to shareholders and employees outlining the company's mid- to long-term management strategy following its transition to a co-CEO structure on July 15.

Kim said the company will reinforce its existing businesses by leveraging its battery thermal management technologies while expanding new growth engines in energy storage systems (ESS), AI-based energy solutions and the North American market. He added that the company's North American expansion will be pursued with thorough preparation and disciplined risk management.

Kim also identified four core management principles: strengthening differentiated technological competitiveness, pursuing profitable growth, maintaining financial soundness and making decisions focused on enhancing shareholder value. The company said future investments and business expansion initiatives will be evaluated with profitability as the primary consideration.

"We will practice accountable management centered on technological competitiveness and profitability while enhancing corporate value," Kim said.

The company also noted that Kim recently purchased Hanjung NCS shares on the open market, underscoring his commitment to shareholder-aligned management.