Company History

history
2015.03 Hambakjae central research institute(Samsung-dong, Gangnam-gu, Seoul) is officially certified by Ministry of Science, ICT and Future Planning.
2015.01 Selected as agricultural, industrial, and commercial fused excellent enterprise by Ministry of Agriculture, Food, and Rural Affairs
2014.12 CEO Junghyun Kim and Team Leader Jongphil Yoon of Hambakjjae Farm Co. made donation to Green Umbrella Child Fund Year-end party of Hambakjjae Farm Co. made donation to Green Umbrella Child Fund.
The Company supported low-income children in Busan with donation and goods worth ten million won were supported.

The fruit of love was donated in 2014.
- Hambakjjae Farm(CEO Junghyun Kim) visited Jeju Branch of the Fruit of Love, so gave 1000-year Dendropanax morbifera and Hambakjjae Gasiogapi(106,800,000won) produced by Hambakjjae Farm.
- Health food went to One Stop Support Center for Senior Citizen Who Lives Alone(Jeju Community Service Center).
2014.11 Food composite for regulation of blood glucose including extract of Dendropanax morbifera as an active component was registered as a patent.
2014.10 MTN Money Today [Hansung Bae’s Issue Maker] – Hambakjjae Farm(October 24 2014)

Food composite for prevention or improvement of osteoporosis including extract of Dendropanax morbifera as an active component was registered as a patent.
- It is about food composite that has extract of Korean Denropanax having prevention and improvement of osteoporosis by reducing vitality of Trap, index of bone resorption, and increasing a formative level of bone calification as an active component.

Food composite for prevention or improvement of ostarthritis including extract of Dendropanax morbifera as an active component was registered as a patent.
- It is about food composite that has extract of Korean Denropanax having prevention or improvement of ostarthritis by reducing edema and change of bone structure according to ostarthritis, and tumor necrosis factor alpha, and increasing collagen-type revelation as an active component.
2014.07 move head office(Jeju science park)

Composite for anti-obesity including extract of Dendropanax morbifera as an active component was registered as a patent.
2014.06 Patented for immunodulatory or immune reinforcement composite containing Dendropanax extract as an active ingredient
2014.05 Korea's Proud People Grand Prize
- awarded to CEO Jeong-hyeon Kim of the Company for the Creative Economy part

Patented for anti-diabetes composite containing Dendropanax ethyl acetate layer as an active ingredient
- ethyl acetate fraction in Dendropanax to verify its effectiveness against diabetes.

Patented for hypertension prevention and treatment composite containing Dendropanax extract as an active ingredient
- Patented for composite whose Dendropanax extract and fracture are applicable to hypertension treatment

Patented for alcohol-caused gastritis controlling composite containing Dendropanax ethyl acetate layer as an active ingredient
- Patented through gastric acid secretion, mucin concentration, expression of anti-inflammatory gene in mucosa cells in high-concentration alcohol-induced rat regarding the gastritis controlling effect by Dendropanax ethyl acetate fracture.
2014.04 Patented for anti-obesity composite containing Dendropanax extract as an active ingredient
- on anti-obesity composite utilizing Dendropanax extract to control fat generation inside body.
2013.12 business tie-up with jeju lotte hotel launch a new product(jeju chunnyun hwangchil) awarded to hambakjae company for excellent corporation from the president of Jeju National University.
2013.11 Ocean, Redcaprentcar Jeju Co., Ltd., UTS JejuCo., Ltd. and strategic business alliance
2013.10 Jeju National University, patent technology transfer agreement
2013.09 Jeju National University, officially designated as a family company
2013.07 Corporation renamed to Hambakjae Farm
2013.06 2013 Selected as Korea New Intellectual
2013.05 Applied for regional specialized business support from Ministry of Trade, Industry and Energy
2013.04 College of Medicine in Kyung Hee University performed clinical experiment with Hambakjae wild Gasiogapi
2013.03 Ministry of Agriculture, Food and Rural Affairs decided to support Hambakjae for clinical experiment on wild Gasiogapi
2012.11 Selected as agricultural, industrial, and commercial fused business by Ministry of Agriculture, Food, and Rural Affairs
2012.07 Technology transfer contract regarding patent right with Korea Food Research Institute
2012.05 Patent application (No. 10-2012-0048806)
Composition, including the name of invention Eleutheroside E, for the prevention or treatment of insulin resistance or insulin resistance related disease
2012.04 Eleutheroside was found from the experiments with 5-6 year old Gasiogapi samples from Hambakjae Farm
2011.10 Hambakjae Gasiogapi in vivo testing required by the Korea Food Research Institute
2011.09 Hambakje and Konyang University school exchange agreement
2011.07 Hambakje become Hambakjae Farm Association
2008 MOU contract with ANT.corp
Hyo Gasiogapi released
30 packets, 100 packets, 240 packets packages and granule packs released
2006 Hambakjae Gasiogapi - selected as the best product by Korea Standards Association for three consecutive years
Premium, Happiness, Adapower, Ogao – selected as recommended agricultural products by the governor of Chungcheongnamdo
2004 Hambakjae Gasiogapi - selected as the best product by Korea Standards Association for three consecutive years
2004-2005 sponsor contract with Anyang SBS Stars
Won new intellectuals award – Ministry of Public Administration
Patent registration of Gasiogapi extract (patent number 0463984)
2003 Hambakjae Gasiogapi - selected as the best product by Korea Standards Association for two consecutive years
2003-2004 Sponsor contract with Anyang SBS Stars
2002 Hambakjae Gasiogapi - selected as the best product by Korea Standards Association
Selected as Korea CEO Brand Power
Selected as a SeoGyeong Venture Hit Product
2002-2003 Sponsor contract with Anyang SBS Stars
2001 Signed a technical cooperation agreement with Biodyne Research, U.S.A
Established Joint product development and globalization strategy
Hambakjae Farm selected as Regional Intellectual Property of Chungcheongnamdo
2000 Signed export contract of Gasiogapi products to America
Signed export contract with BJ LIFE (U.S.A.) (export product name: Gasiogalpi, Ogao)
1998 First release of Gasiogalpi extract product
First release of 100% Korean Gasiogalpi extract product from Hambakjae Farm
1994 Biomedical Research Institute established
Had Woon Kang, D. Sc., as an adviser of the institute
Dr. Kang had been a professor of pharmacology and chemistry in Mount Sinai Medical Center
1985 Korea Nature Science Corp. established
Gojangcho powder enzyme product <Green Gogeng> released (patent No. 19197 and 28311)
Gasiogalpi vegetation study started
1982 Hambakjae Farm opened
Young Gasiogalpi plants production started in Jeongseon, Gangwondo
Korea’s largest Gasiogalpi farm (330,000㎡) opened in Nonsan, Chungnam
1980 Makomo Food established
Gojangcho powder <Gobong> released