Hanwha Broadcasting Center On Air

Hanwha Broadcasting Center On Air

Headlines for June 2019

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1.[Hanwha Life] Held the 2019 Annual Awards Ceremony

Hanwha Life’s annual awards ceremony was held at KINTEX in Ilsan on May 17th. The annual event is to celebrate the award-winning FPs that have performed well throughout the year. The highlight of the ceremony, ’The 'Queen of the year,’ is considered a dream and goal for FPs. This year, a new queen has arrived.

The message of this year’s ceremony was “Dear My Life” featured respect and love. In addition to cheering for the efforts of the FPs, the message included love and sincerity of how much the company cares and thinks of the FPs.

About 800 FPs and sales managers who performed well last year were honored at this ceremony. As a global insurer, more than 30 people from overseas subsidiaries such as Vietnam, China, and Indonesia attended and pledged to take a bigger leap forward together.

We congratulate again the Hanwha Life Annual Awards winners who are doing their best for the lives of our customers, family members, colleagues.


2. [Hanwha Hotels & Resorts] Held the Event of ’Going Further Together with H&R’

Starting with the opening of the Seoul Plaza Hotel in 1976 and the opening of the Hanwha Resort in 1981, Hanwha Hotels & Resorts has established itself as a representative leisure and service company in Korea. Hanwha Hotels & Resorts integrated the hotel and resort business unit to cope with the recent upheaval of environmental changes and to strengthen its new business capabilities.

With this integration, Hanwha Hotels & Resorts expects to overcome the limitations of the PLAZA hotel’s single site by utilizing the development capabilities of the Hanwha Resorts’ facilities and its 21 member sites, including 60,000 members, at home and abroad.

In addition, the company expects Hanwha Resorts will also be able to utilize the Plaza hotel’s premium brand and service capabilities to enhance its brand image and solidify the fundamentals of the premium business.

We hope Hanwha Hotels & Resorts, the leading leisure service company in the industry, will go further together in one mind

3. [Hanwha Financial Affiliates] Participated in Korea Fintech Week 2019

’Korea Fintech Week 2019’ which is the first fintech fair in Korea was held. Three of Hanwha’s financial affiliates participated in the event, and they had a meaningful time to announce Hanwha’s financial content and share the financial changes brought by fintech.

This event is comprised of various seminars and hands-on events to experience the global fintech trend and the present and future of Korean fintech industry.

The CEOs of Hanwha financial affiliates had a meaningful time to check the trends of fintech technologies in Korea and abroad by visiting the booths of domestic fintech companies, including Hanwha.

Hanwha Financial affiliates were able to introduce the brand of Hanwha Financial by introducing content that incorporates fintech at ’Korea Fintech Week 2019’. We look forward to the three Hanwha financial affiliates creating future innovations in response to the rapidly changing financial environment!

4. [Hanwha Q CELLS] Participated in Intersolar Europe Exhibition

Hanwha Q CELLS participated in Intersolar Europe, Europe’s largest solar exhibition, held in Munich, Germany. In this exhibition, Hanwha Q CELLS has shown its position as a leading company that has achieved the largest market share in the major solar energy market in Europe!

Hanwha Q CELLS had set up the largest booth among exhibitors last year and this year.

At this exhibition, Hanwha Q CELLS displayed a series of high power modules such as the Q Peak Duo and the Q Plus Duo to solidify its position as a premium brand in the European solar market.

In addition, Hanwha Q CELLS introduced various solar installation solutions, residential energy storage solutions, and a new electric power retail business that supplies electricity directly to homes.

We will support Hanwha Q CELLS, which is going to be the No. 1 company in Europe, including Germany and the UK and other major countries in the solar market beyond the domestic market.

5. [hanwha Corporation] Was Awarded at the ’Astrid Awards’ with the Flame Emblem

The Flame Emblem of Hanwha Corporation has won the Bronze Award in the corporate graphic design category for the Astrid Awards 2019, the world’s best corporate brand award.

Hanwha Corporation’s “Flame Emblem” is the only domestic winner in the corporate graphic design category for the Astrid Awards 2019.

Hanwha Corporation’s “Flame emblem” has received high marks for creativity and content clarity among entries from about 500 companies in 15 countries around the world.

In particular, the emblem received great attention from the judges for its Korean color representation of the wonder and freedom of the moment when the flame bursts. By portraying a person enjoying the fireworks festival in the center of the emblem, it was evaluated that the moment filled with joy was freely expressed using its own symbolism.

Under the slogan “Sharing Hope Through Flames”, Hanwha’s representative social contribution activity, Seoul International Fireworks Festival, will continue this year.

Headlines for June 2019
  1. 1. Hanwha Life - Held the 2019 Annual Awards Ceremony
  2. 2. Hanwha Hotels & Resorts - Held the Event of ’Going Further Together with H&R’
  3. 3. Hanwha Financial Affiliates - Participated in Korea Fintech Week 2019
  4. 4. Hanwha Q CELLS - Participated in Intersolar Europe Exhibition
  5. 5. Hanwha Corporation - Was Awarded at the ’Astrid Awards’ with the Flame Emblem

Archive for Hanwha Broadcasting Center
Headlines for May 2019

Headlines for May 2019

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1. [Hanwha Life] Held 10th anniversary celebration and End of Fiscal Year Awards ceremony in Vietnam

Hanwha Life Insurance became the first Korean life insurer to enter Vietnam's insurance market in 2009, and had the fastest growth among life insurers in less than 10 years. To mark its 10th year in Vietnam, HLI held a commemorative event and a 2018 Vietnamese Corporate Annual Awards event in Danang on April 11.

The event, held at the Grand Ballroom of the Vinpearl Luxury Danang in Vietnam, was attended by about 300 employees, including Vice Chairman of Hanwha Life, Cha Nam-kyu, the Chairman of Hanwha Life Vietnam, Baek Jong-guk, as well as executives and FPs.

Members of the Vietnamese government, Phung Ngoc Khanh, the director of the Insurance Supervisory Authority, and Ngo Viet Trung, the deputy director of Insurance Supervisory Authority, were there to celebrate the 10th anniversary and the 2018 Annual Awards event.

Hanwha Life Vietnam is said to have made a soft landing because it has been able to secure a stable organization and perform well. Based on the spirit of ’Going Further Together’, we hope Hanwha Life will develop into a leading insurance company in Southeast Asia in the next 10 years.

2. [Hanwha Chemical] Signed an agreement for the establishment of Innovation Technology Research Center with Yonsei University

Hanwha Chemical signed an agreement with Yonsei University to establish an ’Innovation Technology Research Center’. The research center is scheduled to run for five years from May 1 to April 2024. The major research areas are five tasks in two categories: hydrogen production through water electrolysis and the production of eco-friendly plastics which are biodegradable.

The researchers include six professors, including Moon Il, an authority on chemistry and chemical engineering in Korea. All of the research projects will be based on eco-friendly technologies, and the researchers will build a foundation for the transition to a circular economy that reduces environmental pollution through research on eco-friendly technologies.

The industrial-academic research cooperation is expected to help strengthen the competitiveness of the domestic petrochemical industry. We will support Hanwha Chemical's great efforts considering the environment!

3. [Hanwha Systems] Aims for comprehensive operation for the fourth industrial revolution of the national defense

With the fourth industrial revolution, cooperation in future technology for advanced defense technology is more important than ever. Hanwha Systems and the Korea Military Academy have joined forces on defense AI and drone research.

Hanwha Systems signed an agreement with the Korea Military Academy for the first time as a defense company and strengthened its technological leadership in the fourth industrial revolution to advance national defense.

Under the agreement, Hanwha Systems and Korea Military Academy will develop new technologies for national defense by combining Hanwha Systems’ technology for defense IoT, artificial intelligence (AI), and drone unmanned systems, along with the Korea Military Academy’s specialized research infrastructure and defense know-how.

As part of these activities, Hanwha Systems plans to strengthen the industry-academic networks by carrying out mutual exchanges of researchers, and supporting cadet education by providing internships, exchanging technical information, and providing technical advice.

We expect that this business agreement will become an excellent example of collaboration between industry, academia and military for advanced national defense.

4. [Hanwha Life] Opened Hanwha Life Park, a new training center of Hanwha Life

Chairman Seung Youn Kim attended the opening ceremony of Hanwha Life Park, a new training center of Hanwha Life, located in Yongin, Gyeonggi Province, to encourage executives, employees, and FPs. In the future, about 20,000 employees of Hanwha Life and FP will have a comprehensive financial services education program. The visit marks Chairman Kim’s first visit to the business site this year, and he asked the attendees to enhance their competitiveness in the future by securing talented people and fostering them.

Hanwha Life Park offers training sessions for 600 people in 14 classrooms at the same time, and it has 200 rooms and facilities such as a soccer field, an indoor gym, and a sauna.

In his congratulatory speech, Chairman Kim said that the raising people properly rather than building a factory is the way to expand the value of entrepreneurship, and he asked for greater competitiveness by securing and nurturing talented people.

He also said that he believes Hanwha Life Park will become a source of change and innovation that makes Hanwha Group’s financial sector more hopeful, and he hope Hanwha Life Park will become a new driving force in Hanwha’s financial sector to spread the value of ’LIFEPLUS’ and nurture talented people who will lead the future.

The natural beauty and grandeur that harmonize with the Hanwha Life Life Park seems to be a training center for the world’s top financial company. We sincerely congratulate Hanwha Life Park on its opening in hopes of cultivating talented people who will grow the future of Hanwha.

Headlines for May 2019
  1. 1. Hanwha Life - Held 10th anniversary celebration and End of Fiscal Year Awards ceremony in Vietnam
  2. 2. Hanwha Chemical - Signed an agreement for the establishment of Innovation Technology Research Center with Yonsei University
  3. 3. Hanwha Systems - Aims for comprehensive operation for the fourth industrial revolution of the national defense
  4. 4. Hanwha Life - Opened Hanwha Life Park, a new training center of Hanwha Life
Headlines for April 2019

Headlines for April 2019

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1. [Hanwha’s Financial Division] Prepares for the future of finance at ’Money 20/20 Asia’

Hanwha financial affiliates participated in ’Money 20/20 Asia’ for the first time. More than 1,400 companies participated including IT companies, financial groups, large companies such as Google, IBM, Citigroup and Standard Chartered, and startups.

At the conference, representatives of Hanwha financial affiliates including CEOs and Dong Won Kim, Chief Digital Officer and Head of Global Business of Hanwha Life, attended sessions and discussions on various topics in the financial service sector such as cryptocurrency and tokenization, platform ecology, and payment settlement.

Through this conference, Hanwha financial affiliates expanded the network further to Asian and global markets.

We look forward to Hanwha financial affiliates sharing innovative ideas for the future and leading the fourth industrial era by understanding the financial services ecosystem.

2. [Lifeplus: Hanwha Financial Division’s Brand] Launched its new brand identity

LIFEPLUS, a co-brand of Hanwha financial affiliates (Hanwha Life Insurance, Hanwha General Insurance, Hanwha Investment & Securities, Hanwha Asset Management and Hanwha Savings bank), has been providing content and services that focus on customers ’lives’ beyond the paradigm of traditional banking since launching the brand in 2017.

The new BI was designed by Hara Kenya, art director of ’MUJI’ known as a brand without a brand.

Hara Kenya embraced the philosophy of the “LIFEPLUS” brand that provides services tailored to the changing lifestyle of the individual, expecting the individual to change and grow positively with the dynamics of life while meeting the value of “LIFEPLUS.”

They have a plan to develop various campaigns focusing on four themes: Financial, Physical, Mental and Inspirational.

We will support “LIFEPLUS” to provide new experiences and opportunities in customers’ lives and to engage in various activities.

3. [Hanwha Systems] Signed business cooperation in the fields of drone and Unmanned Aerial Vehicle(UAV)

Hanwha Systems and Ucon System signed a memorandum of understanding for comprehensive business cooperation in the field of drones and UAV.

The agreement will combine the drone and unmanned defense system capability of Hanwha Systems and the experience of developing the unmanned aircraft of Ucon System. They plan to tackle the overseas market to find new business in the security field such as boundary monitoring systems and safer cities program. They will also nurture professional technical personnel and cooperate in equipment purchasing and maintenance.

Through this MoU, we hope large companies and small enterprises work together and look forward to opening new opportunities not only in national defense but also in the civilian and overseas markets.

4. [Hanwha Systems] Held the Win-Win Growth Seminar 2019

Coexistence means cooperating and living well together.

Hanwha Corporation held the Win-Win Growth Seminar 2019 in Seoul and Changwon and shared major plans for mutual growth this year.

Hanwha Corporation will provide financial support such as mutual funds and payment terms, as well as support for strengthening the competitiveness of partner companies such as management/ technical support and compulsory legal education.

Meanwhile, the ICT division of Hanwha Systems promised to cooperate with partner companies during the year at the Win-Win Growth Agreement Ceremony. In particular, Hanwha Systems ICT division will provide additional benefits such as changing payment terms, unit price hikes, and financial support.

We look forward to seeing Hanwha accept the challenge and value of ’Going Further Together’ with our partner companies.

5. [Hanwha Techwin] Participated in SECON 2019

Hanwha Techwin, which has built more than 16,000 global networks, participated in World Security Expo SECON 2019 to showcase world-class products and solutions.

Hanwha Techwin has exhibited the latest technologies and solutions every year at SECON, showed AI solutions that can be experienced this year. They had prepared for their customers to experience AI technology more intimately by visually inspecting and experiencing them directly in the booth.

In addition, the exhibition booth also featured the Smart Zone, Smart Factory, Smart Retail, Smart Building and Apartment, which showcased the most efficient image security solutions in each zone.

Hanwha Techwin plans to become a global video security solution company with next generation technology competitiveness in line with rapidly changing technology trends.

Headlines for April 2019
  1. 1. Hanwha’s Financial Division - Prepares for the future of finance at ’Money 20/20 Asia’
  2. 2. Lifeplus: Hanwha Financial Division’s Brand - Launched its new brand identity
  3. 3. Hanwha Systems - Signed business cooperation in the fields of drone and Unmanned Aerial Vehicle(UAV)
  4. 4. Hanwha Systems - Held the Win-Win Growth Seminar 2019
  5. 5. Hanwha Techwin - Participated in SECON 2019
Headlines for March 2019

Headlines for March 2019

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1. [Hanwha Q CELLS] Selected as “Solar Energy Top Brand” for 4 consecutive years in Australia and for 6 consecutive years in Europe

Hanwha Q CELLS has been named ‘Top Solar Brand’ for the fourth consecutive years in Australia and for the sixth consecutive years in Europe. This award was given by EuPD Research, a global solar research institute for conducting customer surveys. Hanwha Q CELLS has been recognized for its high level of customer satisfaction and brand power in the global solar market.

Hanwha Q CELLS high brand power in Europe and Australia is based on their unrivaled technology and local marketing strategy. Hanwha Q CELLS is enhancing the output and long-term reliability of solar products based on the patented Quantum technology, while increasing customer satisfaction.

Hanwha Q CELLS expects customer satisfaction to be a top priority in the future and plans to supply world-class products in terms of cost, performance, and quality, while positioning itself as a familiar and reliable brand for global customers.

2. [Hanwha Life] Held a compliance management declaration ceremony

Hanwha Life conducted a declaration ceremony of ethics compliance in the 63 Building.

Hanwha Life emphasizes the need for proper standards and principles of value judgment in order to gain the trust of its customers and society. The company plans to strengthen compliance training that has been conducted annually for the employees and also plans to implement a compliance and ethics education program of the Group

Vice president Cha Nam-gyu said that if the employees look back at the strict normative perspective of “compliance,” they will find their shortcomings. And he emphasized that all of employees have to commit to achieving compliance based on good faith and global-level compliance management.

3. [Hanwha Precision Machinery, Hanwha Techwin] Participated in APEX and InterSec 2019

Hanwha Precision Machinery launched the new expansion HM520 at APEX 2019 for the first time in the Americas.

Hanwha Precision Machinery has created a Smart Factory Zone to demonstrate real-world interoperability between software and devices, and remote control functions via tablet PC or Smart Watch.

We look forward to Hanwha Precision Machinery’s success as a global SMT total solution company based on its excellent technology.

Meanwhile, Hanwha Techwin participated as a global video security company in InterSec 2019, the largest security exhibition in the Middle East, held in Dubai from February 20th to 22nd.

Hanwha Techwin organized the exhibition booth into four experience-type zones under the theme of “Safety Security Solutions in Everyday Areas”. It attracted attention by introducing AI solution that responds quickly when abnormal behavior is detected and sends alarm quickly.

Hanwha Techwin will continue to invest in cyber security and AI solutions after this exhibition and plans to do its best to be competitive in those fields.

4. [Hanwha Group] Communications Committee hosted the 2019 Brand Forum

Hanwha Communications Committee hosted the 2019 Hanwha Brand Forum at the Hanwha Building in Janggyo-dong. This forum was attended by executives and employees who led the brand management of each affiliate.

Starting with the introduction of the Group brand campaign strategy and major programs in 2019, they had time to share best practices from a total of four companies that pursued great brand strategies this year.

They also had an opportunity to hear about Hanwha Investment & Securities’ successful branding and content marketing initiatives, including the brand story and campaign of Defense Starategy and Business Development, Lifeplus, which is the new brand launched by financial affiliates of Hanwha group, and Hanwha Hotels & Resorts FC division.

And then, a strategic communication seminar was held in order to enhance the communication and brand competitiveness of the Group.

We look forward to continuing the company-wide activities to enhance the value of the Group brand through the Hanwha Brand Forum.

5. [Hanwha Engineering & Construction] Government delegation visits Iraq Bismayah site

This year marks the 30th anniversary of the establishment of diplomatic relations between Korea and Iraq. A government delegation, led by Han Byung-do, President Moon Jae-in's special adviser for Iraq, visited the Hanwha E&C construction site at Bismayah in Iraq.

Special envoy Han Byung-do admired the construction site of the world’s largest PC plant and the largest overseas project.

The Bismayah City project is a project to build the largest new town in Iraq with a population of 600,000. It will be the first city in Iraq to be installed as a city without telephone poles.

Hanwha E&C plans to continue its efforts with a new housing paradigm for Iraqi people who have lost their homes due to a long war and IS.

Headlines for March 2019
  1. 1. Hanwha Q CELLS - Selected as “Solar Energy Top Brand” for 4 consecutive years in Australia and for 6 consecutive years in Europe
  2. 2. Hanwha Life - Held a compliance management declaration ceremony
  3. 3. Hanwha Precision Machinery, Hanwha Techwin - Participated in APEX and InterSec 2019
  4. 4. Hanwha Group - Communications Committee hosted the 2019 Brand Forum
  5. 5. Hanwha Engineering & Construction - Government delegation visits Iraq Bismayah site
Headlines for February 2019

Headlines for February 2019

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1. [Hanwha Group] Participated in World Economic Forum Annual Meeting 2019

The Group has participated in the World Economic Forum in Davos for 10 years starting in 2010 and has searched for the direction of change to become an 'Infinite Enterprise' that will prevail in the future. Participants took part in the main sessions and discussions of the Davos Forum on the subject of the "Fourth Industrial Revolution" and were concerned with the direction of changes in the global economic structure.

At the World Economic Forum held in Davos, Switzerland, Kim Dong-kwan, Chief Commercial Officer of Hanwha Q. CELLS, Kim Dong-won, Head of Fintech & Innovation Center of Hanwha Life Insurance, Shin Hyun-woo, CEO of Hanwha Aerospace, and CEO Kim Yong-hyun of Hanwha Asset Management participated in the forum. They were active in exchange and cooperation in over 50 business meetings with the global leaders.

The group also tried to promote the 'Hanwha' and 'Korea' as a brand around Davos during the World Economic Forum.

Through the World Economic Forum, the Group focused on finding ways to move its global business capabilities into an 'Infinite Enterprise' during a period of revolutionary change. As a result, we will support the Group to take the lead in the future in an uncertain global management environment.

2. [Hanwha Defense] Was newly launched by integration of Defense affiliates (Hanwha Land Systems, Hanwha Defense)

The Group’s defense affiliates, Hanwha Land Systems and Hanwha Defense merged and began as a new company ‘Hanwha Defense’. As a result, Hanwha Group’s defense affiliates have been restructured as Hanwha Corporation, Hanwha Aerospace, Hanwha Systems and Hanwha Defense. Hanwha Defense held an unveiling ceremony for 'Integrated CI' aiming to achieve '4 trillion won in sales in 2025 and reach 20th place in global defense companies' ranking.

Through this integration, the company is able to raise their global competitiveness by realizing economies of scale by increasing assets and sales, and expect positive effects in terms of management efficiency and cost reduction.

Hanwha Defense plans to concentrate its core competencies on global competitiveness by actively participating in large-scale global projects. We will support Hanwha Defense, which will continue to grow in the global market by securing product competitiveness from existing weapon systems to future weapons systems.

3. [Hanwha Q CELLS] Ranked 1st in German solar module market share

Germany has secured high economic efficiency with renewable energy compared to coal and gas, and there is a constant demand for high efficiency products mainly in the residential and commercial markets. Hanwha Q. CELLS has achieved the top position in the German market by producing high-efficiency premium solar modules based on Q.ANTUM technology, which improves the output and long-term stability of photo-voltaic products.

Hanwha Q Cells launched Q HOME, a total energy solution for households, which combines all the necessary functions for the home from energy production to storage and management, and Q FLAT, a commercial solar installation solution, to provide customers with a high level of convenience.

In addition, Hanwha Q CELLS expanded its sales network with Q.PARTNER, a specialized partner program, and became a familiar brand to European consumers through marketing at sports events.

Based on the unrivaled technology and the product competitiveness, we are looking forward to Hanwha Q CELLS leading in the domestic market as well as the world market.

4. [Hanwha Total Petrochemical] Invests and expands its Daesan plant, and selected as the safest workplace

Hanwha Total strengthened its core business competitiveness through large-scale investment. The total investment amount is 530 billion won and it is expected to grow in the chemical business market in the future.

Hanwha Total plans to expand the annual production capacity of the Daesan Plant to 400,000 tons of polypropylene, 150,000 tons of ethylene and 40,000 tons of propylene per year. And the expansion construction will proceed with the goal of completion by the end of the year 2020.

First, when the polypropylene plant is completed with an investment of 380 billion won, the annual production capacity of polypropylene will increase to 1.12million tons, which will be ranked number one in the domestic market.
Polypropylene is a plastic material widely used in electric and electronic materials, automobile interior and exterior materials, film and packaging materials, and Hanwha Total will continue to grow in the global market.

Hanwha Total expects that this expansion will maximize the production and operation efficiency of the plant by expanding the production balance and facilities of the Daesan plant as a whole.

Headlines for February 2019
  1. 1. Hanwha Group - Participated in World Economic Forum Annual Meeting 2019
  2. 2. Hanwha Defense - Was newly launched by integration of Defense affiliates (Hanwha Land Systems, Hanwha Defense)
  3. 3. Hanwha Q CELLS - Ranked 1st in German solar module market share
  4. 4. Hanwha Total Petrochemical - Invests and expands its Daesan plant, and selected as the safest workplace
Headlines for January 2019

Headlines for January 2019

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1. [Hanwha Group] Chairman Seung Youn Kim Visited Vietnam

On December 6th, Chairman Seung Youn Kim attended the ceremony for the completion of the Hanwha Aerospace Aircraft Engine Parts Plant at Hòa Lạc Hi-Tech Park in Hanoi, Vietnam.

The ceremony was attended by more than 300 officials, including Chairman Seung Youn Kim, Vice-Chairman Geum Choon-soo, Hanwha Aerospace CEO Shin Hyun-woo, Head of Fintech & Innovation Center of Hanwha Life Insurance Kim Dong-won, First Deputy Prime Minister of Vietnam Truong Hoa Binh, Chairman of the Central Economic Committee of Vietnam Nguyen Van Binh, and Science and Technology Minister of Vietnam Chu Ngoc Anh.

The new Hanwha Aerospace plant is about 100,000 square meters, making it the first large-scale aerospace component factory in Vietnam. The Group says by 2022 it will invest 4 trillion won in overseas advancement of aircraft parts and defense industries. Based on this, they plan to actively promote the aviation engine business of Hanwha Aerospace in the future.

Chairman's visit to Vietnam has strengthened our relationship as a global partner and helped local executives and employees morale. We look forward to seeing Hanwha rise in Korea and around the world.

2. [Hanwha Group] Hanwha Founder Chong-Hee Kim Honored with Korean Academic Society of Business Administration CEO Grand Prix

Chong-Hee Kim, the founder of Hanhwa Group, has devoted his entire life to the national community. Based on the founding principle of "Serving The Country Through The Business", he achieved domestic production of gunpowder. Chairman Kim was inducted into the Korea Entrepreneurship Hall of Fame in recognition of his unwavering commitment to the Republic of Korea's economy.

Hanwha founder Chong-Hee Kim, who participated in the post-war rehabilitation and economic development of Korea, started the Hanwha Group manufacturing business with a view to contribute to society and the nation through business. The experience and capabilities accumulated by this project would provide a foundation for the Group to move away from the manufacturing industry and become a global company in areas such as energy, high-end petroleum chemistry, finance, and leisure.

We look forward to Hanwha's future to preserve the precious values of Chairman Kim with the passion of executives and employees and continue to grow with the nation, society, and our neighbors.

3. [Hanwha Group] Introduction of Hanwha Group Affiliates in Vietnam

Vietnam, where Chairman Seung Youn Kim recently visited, has a unique culture and is popular as a tourist destination. It's been booming lately, and it's one of the emerging markets that we are a paying close attention to. In our Group, Hanwha Life Insurance, Hanwha Techwin, and Hanwha Energy have advanced in finance, investment, manufacturing, solar and aviation. Let's take a closer look at the site where Hanwha's name is known in Vietnam.

Hoa Lac Hi-Tech Park is located 30 km to the west of Hanoi, the capital of Vietnam. Hanwha Aerospace is the place where Hanwha Aero engine is located. This is the premier factory site built together by five of Hanwha affilates to produce the highest quality products. Hanwha Corporation Machinery Division was responsible for factory automation, Hanwha Chemical was responsible for solar installation, Hanwha Systems for IT, Hanwha Power Systems for air compressor, and Hanwha Techwin for security solutions. Hanwha Aerospace's initiative to produce the world's best aircraft engine parts has begun.

Hanwha Techwin, which introduced its first security camera in 1991, has been working in the video security business for about 30 years and has been building global competitiveness.

In 2017, it established a new manufacturing company at the Que Vo Industrial Park in Bắc Ninh Province, Vietnam, to expand its global foothold. We look forward to the emergence of the Vietnamese subsidiary as a global manufacturing hub.

Hanwha Life Vietnam is the first for Hanwha Group to enter Vietnam. Hanwha Life Insurance entered the Vietnamese insurance market for the first time as a domestic life insurance company in 2009. In 2009, Hanwha Life Insurance built 108 nationwide sales networks based in major cities such as Ho Chi Minh and Hanoi. The number of FPs, which was only 450 in the early days of operation, is now 13,500, which indicates a reliable insurance company.

Vietnam is a land of opportunity with boundless energy.

Vietnam is still growing, and we are also setting the position of global Hanwha here. From Hanwha Life, which is our pioneer in Vietnam, to the newly launched Hanwha Aerospace, we will cheer for you to become the best company in Vietnam.

4. [Hanwha Aerospace] Contributed to the Successful Nuri Rocket Engine Launch Test

The first fruits of 15 years of Hanwha's sweat! The Nuri rocket test-launching vehicle, which was developed with pure Korean technology, successfully flew on November 28th. Nuri is a Korea's first homegrown carrier rocket. With the success of the test launch, it is now time to launch the Nuri rocket in 2021. Hanwha Aerospace has been focusing on the development of space launch vehicles with purely domestic technologies with Korean researchers.

This test-launching vehicle is even more meaningful in that it was developed with pure domestic technology. Specialized in the development, production and maintenance of aircraft engines, Hanwha Aerospace has been working with the Korean Aerospace Research Institute on the development of projectiles for the past 15 years, and has been responsible for the assembly of engines and turbo pump manufacturing, and has contributed to the successful launch of test vehicle.

To grow into a world-class aerospace company, Hanwha Aerospace will build the first large-scale aviation components factory in Vietnam, providing world-class products and technology. Korea is becoming a space powerhouse and Hanwha Aerospace will continue to develop until the day when the real Nuri rocket is launched in 2021.

Headlines for January 2019
  1. 1. Hanwha Group - Chairman Seung Youn Kim Visited Vietnam
  2. 2. Hanwha Group - Hanwha Founder Chong-Hee Kim Honored with Korean Academic Society of Business Administration CEO Grand Prix
  3. 3. Hanwha Group - Introduction of Hanwha Group Affiliates in Vietnam
  4. 4. Hanwha Aerospace - Contributed to the Successful Nuri Rocket Engine Launch Test

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