I would like to extend my sincere gratitude to those of you who care about Dong Bang Cosmetic for a long time. We appreciate your dedication to the company's development.

Overcoming many crises and challenges, we are becoming more solid global company. We are solidifying our capabilities and foundation for a new era. Through great changes in the past, we laid foundation for the history of pride, the history of joy and the history of success.

The world is facing a time of upheaval in all areas surrounding us. In a business environment, the market is changing day by day. Yesterday's comrades are enemies today, and winners today often are losers tomorrow. The era is out of control and beyond anticipation.

In times like these, we must strive for self-development to gain insight. We must raise our voices and declare that there is no tomorrow without today's reform. We must face the reality of the widening gap with the leading companies and the fierce chases of the latecomers.