We have taken notice of the incorrect metro advertisement in South Korea. It has been verified that the advertisement is put up by a local advertising agency to fill in ads vacancy without informing the related institutions, and the materials were produced by the agency itself. The incorrect advertisement has nothing to do with the institutions concerned, namely Woori Card and UnionPay International. The agency has removed the incorrect advertisement, and has mailed its official apology to Woori Card and UnionPay International, admitting “putting up unapproved advertisement arbitrarily”.
The UnionPay card concerned was issued by Woori Card in 2015. We have been promoting this product with the following advertisement, which had been approved.
As a Chinese corporation “going abroad”, we have always adhered to the One-China principle in our cooperation with overseas institutions and marketing promotions to develop our business according to the laws and regulations.