National Growth Fund Invests 350 Billion Won in Wonik Robotics for New Jeonbuk AX Center Construction

2.2 Trillion Won Equity Investment in CJ 4DPLEX

The National Growth Fund will make direct investments in the robotics industry and take equity stakes in the K-Content business sector.

Seoul Yeouido, hallway of the National Growth Fund Secretariat. Photo by Yonhap News.

The National Growth Fund Investment Review Committee announced on the 27th that it has approved funding for a total of seven projects, including the ‘Wonik Robotics Humanoid Mass Production Facility Construction Project’ and ‘CJ 4DPLEX’s Global Technology Special Hall and Infrastructure Expansion.’

Wonik Robotics, a company specializing in robotics, will receive a total of 350 billion won to fund the construction of its 'robot hand production plant and Artificial Intelligence Transition (AX) Center' in North Jeolla Province.

Of this, 150 billion won will be directly invested in convertible preferred shares (CPS) by the Advanced Strategic Industry Fund, while the remaining 200 billion won will be raised through equity investments from private investors.

Wonik Robotics is the second confirmed investment case under the Ministry of Trade, Industry and Energy’s 'M.AX Frontier Project.'

CJ 4DPLEX is a comprehensive content business operator specializing in the installation of technology-special halls and the production of dedicated content.

The company plans to raise a total of 220 billion won in equity investments (RCPS) for its global infrastructure expansion. Of this, the Advanced Strategic Industry Fund will contribute 50 billion won to a project fund.

This investment is expected not only to strengthen the competitiveness of the relevant ecosystem, but also to ensure stable content distribution through the implementation of a 'Global K-Screen Quota' that will screen Korean content for at least 14 days per year in these technology-special halls.

Both companies were discovered through the Growth Enterprise Discovery Council, an interagency body for discovering and reviewing projects, and the determination of the responsible ministries led to the investments by the National Growth Fund.

In addition, the committee approved: ▲ a 560 billion won low-interest loan for Doosan Tesna, a leading system semiconductor testing and back-end process company, for new plant expansion; and ▲ a 300 billion won low-interest loan for LG Energy Solution for the construction of a next-generation battery plant.

Furthermore, loans totaling 170 billion won will be provided to support ▲ localization of semiconductor components (TKG Solmics) and ▲ facility expansion for local bio and future vehicle components companies (Kyungbo Pharm and Samdong).

With this, the National Growth Fund has approved a total of 31 cases this month, amounting to a cumulative 17.9 trillion won in funding. Of this, regional projects account for 42.5%.

This content was produced with the assistance of AI translation services.