• Chairman of Soulbrain Holdings
    Chung Ji-wan

    First-Generation Venture Entrepreneur in Korea, Achieved KRW 1 Trillion Revenue with Semiconductor Process Materials

    Last Updated on Nov 19, 2024

Life Summary

Chung Ji-wan is the Chairman and Board Chairperson of Soulbrain Holdings.

He also serves as a board member for affiliated companies such as Soulbrain SLD, Soulbrain MI, ARK Diagnostics, UP System, and CJW Global. Additionally, he holds positions as a non-executive director at Now IB Capital and co-CEO of Kingsdale.

Chung has served as Director, Vice President, and President of the KOSDAQ Association and currently holds the title of Honorary President as of 2024.

Born on October 18, 1956, in Daejeon, Chungcheongnam-do, Chung graduated from Chungnam High School in Daejeon and majored in Chemical Engineering at Sungkyunkwan University.

He began his career at Seongwon Trading, a trading company, where he gained four years of experience in international trade. He then founded Techno Trading, the predecessor of Soulbrain Holdings.

Chung later served as CEO and Chairman of Soulbrain Holdings but stepped down as CEO in 2022, retaining his roles as Chairman and Board Chairperson.

Chung Ji-wan is regarded as one of Korea's pioneering first-generation venture entrepreneurs. At the age of 31, he founded Techno Trading, transforming it into Soulbrain, a dominant player in semiconductor and panel material sectors.

Chung initially focused on importing semiconductor materials from Japan, fostering the dream of localizing semiconductor chemical materials. By establishing joint ventures with Japanese chemical companies, he successfully localized semiconductor chemical materials in Korea.

He diversified the company’s business into panel chemical materials and expanded into secondary batteries and OLED panel chemical materials, ultimately growing Soulbrain into a conglomerate with annual revenue exceeding KRW 1 trillion (US$ 721 million).

Chung is widely respected for his emphasis on trust.

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