GC has again been recognized as a company that demonstrates a sustained commitment to building outstanding Intellectual Property (IP) management and continuous excellence in IP value creation by winning the Asia IP Elite 2022 Award for the 3rd consecutive time. GC currently owns over 800 intellectual properties, covering innovations in both upstream and downstream businesses, with plans for new business groups in the future. The Company is continually reviewing and improving its intellectual property strategies, resulting in concrete, efficient utilization of the Company’s intellectual property, in regard to both market development and the creation of competitive business advantages for the commercialization of innovative products and commercial use by licensing.

The Asia IP Elite 2022 is awarded by Intellectual Asset Management (IAM) , one of the world’s leading institutions for commercial intellectual property information. The award ceremony was held on November 1st, 2022, in Tokyo Japan, with a host of leading companies from various industries across Asia participating in the award event, including SCG, LG Chem, Mitsubishi Electric, Panasonic, and FUJITSU, among others.