Headlines for January 2018
1. [Hanwha Group] Chairman Seung Youn Kim Visited Hanwha Q CELLS' Qidong Plant and the Beijing Office of Hanwha Advanced Materials in China
On December 11th, Chairman Seung Youn Kim visited the Qidong Plant of Hanwha Q CELLS Qidong Plant, which is the Group's solar business base in China. He congratulated the employees for achieving cost competitiveness and the best level of quality by overcoming the difficult business situations that they had faced in the beginning of the acquisition. Lastly, he wrapped up his visit by attending a monument unveiling ceremony that signified the motto, 'Let's make Hanwha's dream of becoming the world's No. 1 together'.
The next day, Chairman Seung Youn Kim visited the Hanwha Advanced Materials the Beijing Office. Sun-suk Lee, CEO of Hanwha Advanced Materials, introduced the office and the visitors toured the production line, which manufactures lightweight composite materials for global automobile companies.
On the following day, December 13th, the chairman joined the China-Korea business forum as a member of President Moon's economic diplomacy team. He met with Chinese politicians and business people.
The Group currently holds production subsidiaries for Hanwha Techwin, Hanwha Chemical, and Hanwha Total's. Hanwha Life has also established a subsidiary in China, conducting about six trillion won in trade and generating revenues of two trillion won a year. We hope that Hanwha plays a leading role as it continues to contribute to the vitalization of economic trade between Korea and China.
2. [Hanwha Group] Hanwha Olympic Torch Relay in Daejeon Area
The Olympic torch relay is an event that announces the beginning of the 2018 Pyeongchang Winter Olympics to the world. With the slogan "Let Everyone Shine", the relay began on November 1st in Incheon, and the torch arrived in Daejeon on December 9th and lit up the Daejeon area for four days.
The Group selected 101 torchbearers from among sports players who have made the Hanwha shine, Hanwha employees who submitted special stories, and employees of partner companies. These torchbearers are participating in major cities all around Korea and wishing for a successful Olympic Games.
On December 9th, the first day of the torch relay in Daejeon, Park Chan-ho, a former Hanwha Eagles' player who used to play in the Major Leagues, and Kim Tae-kyun, a Hanwha Eagles player, participated in the relay as Hanwha torchbearers. 9,640 Olympic torches created by Hanwha helped 7,500 torchbearers light up Korea for 2,018km and 101 days. We will continue to show our support for a successful Games until the end of the torch's journey.
3. [Hanwha Life] Held the Korea Service Grand Prix 'Hall of Fame' Dedication Stone Unveiling Ceremony
Hanwha Life held an unveiling ceremony for a dedication stone because they made for the Hall of Fame of Korea Service Grand Prix. The Korea Service Grand Prix is given to a company or an organization that has established a customer-oriented system and continuously engages in innovative activities with outstanding results. The Hall of Fame is an honorable recognition because there have been only 15 companies in the Hall of Fame among companies that have received the grand prize for five consecutive years.
Hanwha Life's efforts have been recognized for eight consecutive years since 2010 through the Grand Prize and this year they entered the Hall of Fame of Korea Services Grand Prix.
Meanwhile, Hanwha Life was selected as an outstanding company for sponsoring culture and arts at the 2017 Korea Mecenat Awards, certified by the Ministry of Culture, Sports and Tourism. Hanwha Life has sponsored various performances and contributed to the development of Korea's culture and arts. They were highly recognized for trying to communicate with customers by actively carrying out social contribution programs through the Hanwha Youth Orchestra and Hanwha Arts Plus.
Hanwha Life will continue to offer activities that improve the quality of customers' lives and meet customer values through developing differentiated services and establishing a management system based on global standards.
4. [Hanwha Land Systems] Held Ceremony Celebrating the First Shipment of K-9 Self-propelled Howitzers to India
Hanwha Land Systems signed a contract with India to sell 100 improved versions of the K9 self-propelled howitzer named Vajra. The contract is worth about 370 billion won. This contract is more meaningful because it is the first export deal for a Korean defense company to India, one of the largest weapon-importing countries in the world.
The ceremony to celebrate the first shipment of the K-9 self-propelled howitzer to India was held. The production progress and appreciation plaques to government bodies and partner companies, and achievement awards to employees were presented.
Through this contract, Hanwha Land Systems is going to ship out 10 K-9s, and most of the 90 major parts for the howitzers are going to be shipped by January of 2020. Through this deal, the company will be able to expand their business in neighboring countries, such as Egypt and the UAE.