The company was registered some time in March of this year, and listed under its board of directors are many familiar figures from Lee Soo Man's, another of Lee Soo Man's private businesses centered around drone technology for use in visual and audio production.
In terms of the Korean Standard Industry Classification, Blooming Grace has been designated as a management consulting company. It's business purpose includes management, consulting, financial investment, market research and analysis, etc. It was founded with a private fund of 100 million KRW and 2 million shares. Lee Soo Man is listed as both CEO and president.
Industry insiders believe that with his new company, Lee Soo Man may be seeking opportunities to acquire stocks of domestic companies, provide management consulting and feedback, and also invest in various companies dealing with music as well as new technologies., is listed as chief auditor of Blooming Grace. Culture Technology Group Asia is a company which deals with music publishing.