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GS Group invests heavily in new businesses

GS Group is starting to invest heavily in future growth businesses ranging from solar power, nuclear power and electric vehicles (EVs) to biotechnology, according to industry officials, Monday. The move comes as GS Group Chairman Huh Tae-soo has been pushing to invest in new businesses with partners for future growth. GS Group is promoting more than 15 new businesses in diverse fields such as hydrogen and biofuel, plastic recycling, EV charging, battery recycling, small module reactors (SMR) and ammonia development and distribution.

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