Hyundai Motor, LG, and Lotte will pay for the delivery of suppliers in advance.

Large companies have decided to pay ahead of the Lunar New Year holiday for suppliers who have difficulty raising funds.

First, Hyundai Motor Group plans to pay KRW 2.446 trillion in delivery up to 19 days earlier than the original payment date.

The early payment targets 6,000 suppliers who supply parts, raw materials, and consumables such as Hyundai Motor, Kia, Hyundai Mobis, Hyundai Engineering & Construction, Hyundai Steel, and Hyundai Weah.

LG Group will also pay up to 22 days earlier for the delivery of 1.5 trillion won to partner companies.

Nine affiliates, including LG Electronics, LG Display, LG Innotek, LG Chem, and LG Energy Solution, will participate.

Lotte Group also pays more than 11,000 small and medium-sized partners KRW 686.3 billion in delivery costs nine days earlier on average.

Earlier, Hyundai Department Store Group and Hanil Cement also decided to pay the transaction price early to their suppliers.