KOREA WHO
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Executive Advisor of EcoPro
Lee Dong-chae
From High School Banker to Billionaire Stockholder, Returns to Management After Special Pardon
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Last Updated on Oct 28, 2024
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Executive Advisor of EcoPro
Copy Url : https://www.koreawho.com/profile/LeeDongchae- Life Summary
Lee Dong-chae is the Executive Advisor of EcoPro. He is also the founder of the EcoPro Group.
The EcoPro Group, which focuses primarily on battery materials, is preparing countermeasures as it faces challenges due to a slowdown in the growth of the electric vehicle market.
He was born on December 10, 1959, in Pohang, Gyeongsangbuk-do.
He graduated from Daegu Commercial High School and later earned a degree in Business Administration from Yeungnam University.
Lee started his career at Korea Housing Bank and briefly worked at Samsung Electronics. After earning his CPA (Certified Public Accountant) license, he worked as an accountant. Despite having a stable income as an accountant, he transformed into an entrepreneur, determined to become a business leader supporting 10,000 employees.
In 1998, he founded *Korea Zeoleum*, which became the foundation of EcoPro Group. He was inspired to enter the environmental business sector after learning about the Kyoto Protocol.
Through unwavering efforts in the battery material business, he developed EcoPro into one of the leading companies listed on the KOSDAQ market.
He was sentenced to prison for gaining profits through stock trading based on insider information but was released through a special amnesty granted on Liberation Day.
Before founding EcoPro, he lost his entire fortune when a fur business he had invested in with a relative went bankrupt during the Asian financial crisis. From this experience, he learned the importance of unique business ideas, human resources, and the role of capital markets.
In 2004, he received a proposal from Cheil Industries to acquire its cathode materials and precursor business, marking the beginning of EcoPro’s focus on battery materials.
With stock assets worth over a trillion KRW, he ranked among the top 10 wealthiest individuals in South Korea based on stock holdings by the end of 2023.
He emphasizes the importance of talent.
#LeeDongchae #EcoPro #battery #electricvehicle #KyotoProtocol #entrepreneur #KOSDAQ #CPA #KoreaZeoleum #LiberationDay
The EcoPro Group, which focuses primarily on battery materials, is preparing countermeasures as it faces challenges due to a slowdown in the growth of the electric vehicle market.
He was born on December 10, 1959, in Pohang, Gyeongsangbuk-do.
He graduated from Daegu Commercial High School and later earned a degree in Business Administration from Yeungnam University.
Lee started his career at Korea Housing Bank and briefly worked at Samsung Electronics. After earning his CPA (Certified Public Accountant) license, he worked as an accountant. Despite having a stable income as an accountant, he transformed into an entrepreneur, determined to become a business leader supporting 10,000 employees.
In 1998, he founded *Korea Zeoleum*, which became the foundation of EcoPro Group. He was inspired to enter the environmental business sector after learning about the Kyoto Protocol.
Through unwavering efforts in the battery material business, he developed EcoPro into one of the leading companies listed on the KOSDAQ market.
He was sentenced to prison for gaining profits through stock trading based on insider information but was released through a special amnesty granted on Liberation Day.
Before founding EcoPro, he lost his entire fortune when a fur business he had invested in with a relative went bankrupt during the Asian financial crisis. From this experience, he learned the importance of unique business ideas, human resources, and the role of capital markets.
In 2004, he received a proposal from Cheil Industries to acquire its cathode materials and precursor business, marking the beginning of EcoPro’s focus on battery materials.
With stock assets worth over a trillion KRW, he ranked among the top 10 wealthiest individuals in South Korea based on stock holdings by the end of 2023.
He emphasizes the importance of talent.
#LeeDongchae #EcoPro #battery #electricvehicle #KyotoProtocol #entrepreneur #KOSDAQ #CPA #KoreaZeoleum #LiberationDay
- Life Summary
- Career Highlights & Challenges
- · Return to Management Through Liberation Day Special Pardon
- · Impact of EV 'Chasm' Leads to Sharp Decline in EcoPro Group's Performance
- · Distribution of Company Shares to Reward Employees
- · Securing Major Clients in Succession
- · Development of LFP Cathode Materials Alongside High-Nickel Focus
- · Expanding Control through Holding Company Transition
- · Founded with Nothing, Now Among the Top 10 Stockholders
- · Listing of EcoPro Group Affiliates
- · History of the EcoPro Group
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- Professional Timeline
- Educational Background
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos