Lee Jae-myung Elected as South Korean President, Pays Tribute to Citizens' Great Decision

South Korea held its presidential election on the 3rd, with voting closing at 7 PM Taiwan time. The national voter turnout was 79.4%, an increase of 2.3 percentage points from the last election. Current results show Lee Jae-myung maintaining the lead, and reports from the Korean news agency and three major television networks indicate his election as the new president is now certain.
Supporters of the ruling Democratic Party are rejoicing, while the atmosphere for the opposition People Power Party is notably subdued. Exiting polls predict Lee Jae-myung will secure 51.7% of the vote, while Kim Moon-soo stands at 39.3%, widening the gap to 12.4%. Lee Jae-myung has swept all 11 administrative districts, including Seoul and Gyeonggi Province, making his election nearly a definite outcome.
CNN's South Korea correspondent noted that Lee's election may change the country's attitude towards its allies, particularly in relation to China. Lee expressed his gratitude to supporters late in the evening, indicating, "I pay my utmost respect to the citizens' great decision." Following the election results on the 4th, the new president will assume office immediately, without any transition period. More updates will follow.