Business · Trade · 1 hr ago
Seven South Korean Startups Report $15.6 Million in China Business Talks
Seven companies based at a startup park in Cheonan, South Korea, took part in a business event in Shenzhen, China.
They held more than 100 export talks with local buyers and signed 12 memorandums of understanding, or MoUs.
The combined value of the talks and cooperation was reported as $15.6 million, but that figure is not the value of completed export contracts.
One company offering solar power solutions signed a $7 million technology MoU with a local firm.
The two firms plan to discuss specific cooperation in follow-up talks.
The event aimed to help Korean and Chinese businesses explore trade and other partnerships.
The Chungnam Content Agency says it will track follow-up cooperation and help the participating companies connect with overseas buyers.
Seven companies based at Cheonan’s startup park held more than 100 export consultations and signed 12 memorandums of understanding in Shenzhen, China.
The consultations and cooperation were valued at a combined $15.6 million, an amount distinct from completed export contracts.
One company reached a $7 million technology-related MOU with a Chinese company.
The companies took part in the 2026 Korea Business Expo Shenzhen with support from South Chungcheong Province and Cheonan City.
The Chungnam Content Agency said it would monitor follow-up cooperation and support overseas business links.
- Who
- Seven companies based at Cheonan’s multipurpose startup park.
- What
- They held more than 100 export consultations and signed 12 MOUs, with consultations and cooperation valued at $15.6 million.
- When
- The agency announced the results on October 13, 2026. The event dates are not stated.
- Where
- Shenzhen, China.
- Why
- The event aimed to help Korean and Chinese companies explore export and business cooperation opportunities.
This story does not have two clearly opposing sides.
The seven companies held more than 100 export consultations and signed 12 MOUs in Shenzhen.
The Chungnam Content Agency announced the results.
- Participating companies
- 7
- Location
- Shenzhen, China
- Export consultations
- More than 100
- MOUs
- 12
- Combined consultation and cooperation value
- $15.6 million
- Largest reported MOU
- $7 million for technology cooperation
What people are saying
Regional startups were able to directly assess demand in the Chinese market and expand business cooperation opportunities with global companies
Sources
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