The Eunjin Mireuk is example of early Goryeo sculpture demonstrating the rise of regional styles and the abandoning of a strict interpretation of the standard iconography of Buddhist images. The statue is believed to be a representation of the Avalokitesvara Bodhisattva, the Bodhisattva of Mercy, although it is popularly known as Maitreya. The statue is over 18 meters tall and took over 30 years to complete. The statue is valuable because it demonstrates developments unique to Chungcheong-do and Gyeonggi-do. Additionally, some scholars posit that these huge stones may have once been originally for Shamanistic practices and later subsumed into a Buddhist image.