Seoul Propolis Co., Ltd.

Seoul Propolis Signs MOU with Taiwan New-In for Strategic CooperationSeoul Propolis Co., Ltd. has signed a Memorandum of Understanding (MOU) with Taiwan New-In Co., Ltd., a Taiwan-based specialist in pharmaceutical, nutraceutical, and healthcare ingredients, to establish a framework for long-term strategic cooperation. The MOU was signed on July 16, 2026, by Jay Lee, COO of Seoul Propolis, and Liao Tianlun, General Manager of Taiwan New-In.▲Jay Lee, COO of Seoul Propolis, and Liao Tianlun, General Manager of Taiwan New-In, following the signing of the MOU.Through this partnership, the two companies will combine their respective research and technological capabilities with their market expertise to identify new opportunities for product development and business growth. The collaboration will encompass technical exchange and joint research in functional ingredients, including water-soluble propolis technology, as well as OEM and ODM development, commercialization of ingredients and finished products, and the creation of solutions tailored to evolving market needs.Founded in 1996, Taiwan New-In began by supplying pharmaceutical ingredients and excipients before expanding its business into nutraceutical, food, cosmetic, and pet supplement ingredients. In addition to sourcing and supplying high-quality ingredients from around the world, the company provides contract research, product development, regulatory support, and OEM and ODM services to Taiwan’s pharmaceutical and healthcare industries.Seoul Propolis plans to combine its proprietary water-soluble propolis technology and in-house R&D capabilities with Taiwan New-In’s local market expertise and business network. Through this collaboration, the two companies aim to expand opportunities for joint development and commercialization in Taiwan and explore broader growth opportunities beyond conventional ingredient supply and distribution.“This MOU marks the beginning of a partnership that brings together the technological strengths and market expertise of both companies,” said Jay Lee, COO of Seoul Propolis. “Through technical exchange and joint development, we look forward to creating competitive solutions that respond to the evolving needs of the global healthcare market.”The two companies will continue to share market insights and customer needs while progressively identifying and pursuing specific opportunities in joint research, product development, and market expansion.

Two Seoul Propolis Co., Ltd. employees have received commendations for outstanding performance in Korea’s Work-Learning Dual System in consecutive years. Following Jin-ho Lee’s recognition in 2025, Yeon-ji Lee received a commendation in 2026 from the Human Resources Development Service of Korea (HRD Korea), a Korean public agency specializing in workforce development and vocational training.▲ Jin-ho Lee (left), recognized in 2025, and Yeon-ji Lee (right), recognized in 2026, for their achievements in Korea’s Work-Learning Dual System.The Work-Learning Dual System combines on-the-job training with classroom-based instruction to help employees systematically develop practical skills and professional expertise. Yeon-ji Lee achieved outstanding results in the first external assessment session of 2026 and was recognized for her dedication to professional development and strong workplace performance.The consecutive recognitions reflect both employees’ commitment to continuous learning and Seoul Propolis’ ongoing efforts to support employee development. Since joining the company, Jin-ho Lee and Yeon-ji Lee have steadily strengthened their professional capabilities through hands-on experience and structured job training, and they continue to contribute in their respective roles.“Both employees have shown a strong sense of responsibility in their work while consistently investing in their professional development,” said Jay Lee, COO of Seoul Propolis. “Their dedication to balancing work and learning has led to this well-deserved recognition. We will continue to support our employees as they build their expertise and realize their full potential.”

Seoul Propolis has been selected for the Global 1,000+ Program, an initiative led by Korea’s Ministry of SMEs and Startups (MSS) to identify and support innovative companies with strong technological capabilities, export competitiveness, and global growth potential.The selection recognizes Seoul Propolis’ long-standing commitment to propolis research, its proprietary and patented water-soluble propolis technology, and its growing presence in international markets. ▲  Seoul Propolis CEO Lee Seung-wan at the official presentation of the Global 1,000+ recognition by Korea’s Ministry of SMEs and StartupsFounded on a strong R&D foundation, Seoul Propolis has pioneered water-soluble propolis technology in Korea and developed alcohol-free propolis ingredients and finished products designed for broader applications across functional foods, food and beverage, cosmetics, and personal care.At the core of the company’s innovation is its proprietary water-soluble propolis technology, developed to overcome the limitations of conventional propolis and expand its potential across diverse formulations and applications. Through continuous research, intellectual property development, and commercialization, Seoul Propolis has built a technology platform that connects propolis science with real-world products.The company is also expanding its global footprint through partnerships with ingredient companies, manufacturers, distributors, and consumer brands across the United States, Europe, and Asia. Through its consumer wellness brand PROBEE, Seoul Propolis continues to bring its propolis technologies closer to consumers through innovative finished products.Being selected for the Global 1,000+ Program represents another important milestone in Seoul Propolis’ evolution from a research-driven company into a globally competitive propolis technology company.Seoul Propolis will continue to advance the science of propolis through research and innovation, expand the applications of its proprietary technologies, and create new value for partners and consumers around the world.Inspired by Nature. Proven by Science