CJ Logistics Marks 96th Anniversary... CEO Shin Youngsoo: "We Must Improve the Quality of Growth"

Advancing Fulfillment and Global Capabilities
Deploying Humanoid Robots and Pursuing In-Kind Dividends
Recognizing Long-Serving Employees and Outstanding Organizations

CJ Logistics marked its 96th anniversary by outlining a plan to increase corporate value through qualitative growth and innovation. The company aims to turn the business capabilities and investment results it has built up into tangible profits, while improving its earnings structure by strengthening the competitiveness of each business and enhancing operational efficiency.

CJ Logistics CEO Shin Young-soo delivers congratulatory remarks to employees at a ceremony marking the company's 96th anniversary on the 12th. CJ Logistics

CJ Logistics said on November 15 that it held an event marking its 96th anniversary at its headquarters in Jongno-gu, Seoul, on November 12. About 200 executives and employees attended, while employees at sites across the country joined via a live online broadcast.

The event provided an opportunity to look back on the company’s major business achievements this year and share its future growth plans. Shin Youngsoo, CEO of CJ Logistics, said, "The time has come for the investments and innovation we have pursued to drive future growth to deliver tangible results. We must now move beyond being satisfied with growth in scale, improve the earnings structure across our businesses, and take the quality of our growth to the next level."

He also outlined specific management priorities. "In Korea, we need to strengthen our competitiveness in the delivery market, building on O-NE’s unrivaled market leadership, and focus on growth and improved profitability in key businesses such as fulfillment and transportation," Shin said. "In global markets, we need to expand synergies among our businesses and strengthen our end-to-end (E2E) service capabilities to secure new growth opportunities." He also urged all employees to go beyond simply sharing strategies, align around common goals, take responsibility in their respective roles, and focus on delivering tangible results.

This year, CJ Logistics has laid the groundwork for growth by expanding its global business, applying advanced logistics technologies, and upgrading its customer-focused services. It expanded its global logistics network with a focus on strategic countries, including by beginning operations at its Elwood logistics center in the United States. It also accelerated operational innovation by applying key logistics technologies (TES), including deploying AI-powered humanoid robots at logistics sites. In addition, the company focused on developing new markets and expanding customer touchpoints by growing its used-goods delivery services, centered on the person-to-person delivery service Bonaeone, and introducing delivery drop-off centers in traditional markets.

The company is also making its shareholder-return policy more concrete. CJ Logistics recently moved to distribute treasury shares equivalent to 5% of its total issued shares directly to existing shareholders as an in-kind dividend, aiming to enhance shareholder value. It plans to consider ways to use its remaining treasury shares to increase corporate value, including through strategic investments and additional shareholder returns.

The event also recognized employees and business partners who contributed to the company’s growth. The company awarded special leave and vacation allowances to 375 long-serving employees and presented awards to employees and 27 partner organizations for outstanding performance. This year, it added a safety category to its Best Partner Award, which recognizes outstanding partners, highlighting the importance of safety management. Later in the event, a live sand-art ceremony commemorating the company’s 96th anniversary showcased its 96-year history and future vision.

Founded in 1930 as Joseon Rice Warehouse, CJ Logistics has been strengthening its business competitiveness through advanced logistics technologies and a global network. It is accelerating efforts to secure future growth drivers, aiming to become one of the world’s top 10 logistics companies by 2030.

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