South Korea\'s food industry has entered the season for annual general meetings, with governance restructuring and securing future growth drivers emerging as key themes. With the revised Commercial Act set to take effect, companies are moving to amend articles of incorporation and adjust board structures, while also putting forward agenda items including reappointment of owner executives and succession-related appointments. Firms are also accelerating diversification and overseas expansion by adding new business purposes and reorganising operations.

LS Group is expanding new businesses in key minerals based on its growth platform built in the power infrastructure business. It will foster battery materials such as precursors and nickel sulphate and rare earth permanent magnets as new growth pillars. The group posted record results in 2025, with revenue of 45.7223 trillion won and operating profit of 1.4884 trillion won across 12 companies. It plans to invest 7 trillion won domestically and 5 trillion won overseas over the next 5 years.