2024.10.29
Shin Textile Solutions Co., Ltd. (CEO Shin Keum-sik) has been selected as a 2024 ‘Hi-Seoul’ certified company under a program jointly organized by the Seoul Metropolitan Government and the Seoul Business Agency.
The Hi-Seoul certification, established in 2004 and now celebrating its 20th anniversary, is Seoul’s only corporate certification program, selecting companies based on growth potential, profitability, and global capabilities.
In a field traditionally dominated by IT and technology-based companies, Shin Textile Solutions, a specialized functional apparel manufacturer, receiving this certification is a noteworthy achievement in the fashion and textile industry. This year, the Hi-Seoul certification program recorded its highest competition yet, with a 6:1 applicant-to-award ratio. Shin Textile Solutions' impressive average annual growth rate of 27%, exports exceeding USD 100 million, stable financial structure, and ESG competitiveness based on its Ethiopian facility were key factors in its selection.
CEO Shin Keum-sik remarked on the certification, stating, “The Hi-Seoul certification is a valuable recognition of our growth potential and management excellence,” and added, “We will continue to strengthen our global presence with innovative technology and sustainable management.”
(2024-10-28)