KGC founded in 1899 with its origins in the Royal Palace of Korean Empire. Based on the expertise and know-how in the ginseng industry, accumulated over 122 years, KGC provides consumers with superior products to meet their needs.
Corporate Profile.
•Year of Foundation : 1899 •Performance (’18) : US$1,163 million in Total Sales •Assets (’18) : US$1,792 million •No. of Employee : 1,642 persons (as of Dec. ’18)
The trade of Korean ginseng dates back about 2,000 years as a valuable industry. To foster top-quality red ginseng, the Korean government started state monopolization on Dec. 1, 1899. In the late 1990s, the red ginseng division was spun off from Korea Tobacco & Ginseng in line with the government privatizing policy, and Korea Ginseng Corp. was officially established on Jan. 1, 1999. KGC has successfully maintained its proud legacy and tradition with the world’s largest production facility and best R&D centers, leading the expansion of the global ginseng market and scientific research of ginseng’s efficacy using modern technology.
5 reasons why Cheong Kwan Jang is No.1
5 reasons why Cheong Kwan Jang is No.1
Cheong Kwan Jang
“World’s No. 1” Cheong Brand
Highest Standard of Quality Control
“In China, online sales increased 41 percentyear-on-year during the first six months of last year……sales in the US and Japan also grew…… major e-commerce platforms such as Amazon…… Cheong Kwan Jang Everytime, remains the brand’s best seller, racking up over 300 billion won ($273.7 million) in sales each year.”
–The Korea Herald. Jan 13, 2021
“In China, online sales increased 41 percentyear-on-year during the first six months of last year……sales in the US and Japan also grew…… major e-commerce platforms such as Amazon…… Cheong Kwan Jang Everytime, remains the brand’s best seller, racking up over 300 billion won ($273.7 million) in sales each year.”