About the Cooperative

Mission and Purpose

The Cooperative promotes the sound development of the domestic and international electrical equipment industry,
enhances mutual welfare among members, strengthens economic independence, and pursues balanced national economic growth.

01

To manage joint projects and shared facilities, including production, processing, sales, and services.

02

To provide or facilitate financing for member companies, including bill discounting, and to secure funding for the Cooperative's own operations.

03

To support member companies through management, technical, and quality control guidance, as well as research, training, and information services.

04

To establish collective agreements to promote the economic interests of member companies.

05

To facilitate the export of products manufactured by member companies and the import of raw materials and facility equipment required for production.

06

To enhance the welfare and well-being of member companies.

07

To conduct joint research projects on technology development, new product development, and management techniques.

08

To implement projects entrusted by national and local governments, the Korea Federation of SMEs (KBIZ), associations, or cooperatives.

09

To participate in SME competitive bidding and related projects under the Act on the Promotion of SMEs and Product Purchases.

10

To undertake approved revenue-generating projects essential to achieving the Cooperative's objectives.

11

To conduct ancillary projects related to the businesses outlined in Items 1 through 10.