Hanwha Broadcasting Center On Air

Hanwha Broadcasting Center On Air

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

Archive for Hanwha Broadcasting Center
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
Headlines for December 2018

Headlines for December 2018

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1. [Hanwha Group] Created a TV Commercial to Thank Hanwha Eagles Fans

The 2018 Professional baseball season on 12nd Nov. as the last game of the Korean Series finished. The highlights of this season occurred when the Hanwha Eagles ranked the 3rd place during the regular season and then advanced to the playoffs. To cheer for those players who tried with all their might, fans of Hanwha Eagles filled the Eagle Park stadium. The Group created a TV commercial to express their gratitude to the fans, and this commercial is making headlines.

The Group gave a rose and a card to every Hanwha Eagles’ fan in the stadium during the 1st round semi-playoff match. It was the Group’s way to express gratitude to the fans who have shown unchanging support for the team even though the team had struggled for the last 11 years. Following the rose event, the Group made a TV commercial that expressed special appreciation to the fans.

The commercial contains a scene of cheering fans who shout ‘the best Hanwha’ at the players who gave their best during every game. The commercial expresses the will of Hanwha to become the best team with the best fans.

The Hanwha Eagles is coming to the end of their training schedule in Japan right now. We look forward to seeing the Eagles fly higher in the next season after preparing so hard this Winter.

2. [Hanwha Life] Received the 2018 The 100 Great Places to Work in Korea Award

‘The 100 Great Places to Work in Korea Award has been hosted by the GPTW, the Korean subsidiary of the GPTW U.S.A. The GPTW Korea uses the same evaluation process as the one used by Fortune magazine, a renowned economic magazine in the U.S. It lists the best companies to work for in 50 countries every year.

Hanwha Life has received a Great Place to Work for Korean Female Employees award for four consecutive years and one of The 100 Great Places to Work in Korea awards at the 17th Great Work Place Management Conference and Award Ceremony. In addition, Cha Nam-gyu, CEO of Hanwha Life was selected as one of the most respected CEO in Korea for the third consecutive year. At the ceremony, Kim Hyun-Cheol, head of human resources division of Hanwha Life, received the award on behalf of Hanwha Life.

Moreover, Kim Hee-yeon, DSI team manager of Hanwha Life who became a role model for her colleagues by exemplifying work life balance was nominated for the ‘Korea’s Proud Working Mom’ award.

Hanwha Life will continue to become a creative and innovative company with a flexible organizational culture. It will continue to grow to become a company where everyone wants to work.

3. [Hanwha Q CELLS] Held a Media Information Session at the 2018 GGGI Energy Forum

On November 30th, Hanwha Q CELLS held a media information session with about 50 media representatives in Korea at Hanwha Q CELLS and Advanced Materials’ Jincheon Plant #2. At the session, Hanwha introduced Hanwha’s solar business and its factories. In the afternoon of the same day, they held the GGIC Energy Forum 2018 with the Global Green Growth Research Center and strengthened their global status as a leading eco-friendly company.

At the media information session, Hanwha Q CELLS introduced the Hanwha Q CELLS and Advanced Materials’ Jincheon Plant, which is one of the largest solar cell smart factories in the world. The media representatives toured the smart factory where the entire production line is automated. They were impressed by the use of the latest technology in production such as a production management system and wearable gear.

In the afternoon, Hanwha Q CELLS held the GGGI Energy Forum 2018 with the Global Green Growth Research Center at the Plaza hotel. At the forum, about 80 people from the energy sector attended and had an opportunity to discuss global energy conversion policies and the direction of Korea’s energy conversion in the future.

At this forum, energy professionals from Korea and abroad sought direction for Korea. They proposed some ideas as they shared cases of other countries that have already implemented energy conversion policies and practices.

Hans-Josef Fell, a former Parliament member and a member of Green Party in Germany, said that renewable energy is the only solution to all kinds of social problems we face today. In his talk, he advised the Korean government to provide tax benefits for renewable energy because companies require assistance to vitalize private investments in order to convert Korea’s energy to more environmentally-friendly sources.

At this forum, Hanwha Q CELLS and the GGGI shared various conversion cases of other countries and formed the consensus that the global energy conversion is required for sustainable growth in the future.

4. [Hanwha Aerospace/Land Defense/Precision Machinery/Power Systems/Techwin] Held an Event for Law-abiding People’s Day

Employees of Hanwha Aerospace, Hanwha Land Defense, Hanwha Precision Machinery, Hanwha Power Systems, and Hanwha Techwin are conducting activities that nominate outstanding law-abiding people inside their companies to assist employees with compliance. To recognize these outstanding people, they held a Law-abiding People’s Day event.

About 100 people attended the 2018 Law-abiding People’s Day event, including the CEOs of five Hanwha affiliates: Hanwha Aerospace, Hanwha Land Defense, Hanwha Precision Machinery, Hanwha Power Systems, and Hanwha Techwin, as well as officials from DAPA and Siemens.

The event was held to vitalize company-wide compliance activities and present a compliance management vision for the company as a whole. Employees took this opportunity to report key performance results and present plans for 2019.

At the following award ceremony, a deputy general manager Huh In-young(허인영) from Hanwha Techwin was selected as an excellent law-abiding employee. Other law-abiding employees also received awards.

Moreover, the five CEOs and the award recipients performed a “hanging fruits on a compliance tree” event. They wrote messages on fruit-shaped cards and hung them on the tree with their commitment to the vitalization of compliance activities.

Hanwha Aerospace and these four other companies will carry out compliance activities to strengthen employees’ law-abiding spirit.

Headlines for December 2018
  1. 1. Hanwha Group - Created a TV Commercial to Thank Hanwha Eagles Fans
  2. 2. Hanwha Life - Received the 2018 The 100 Great Places to Work in Korea Award
  3. 3. Hanwha Q CELLS - Held a Media Information Session at the 2018 GGGI Energy Forum
  4. 4. Hanwha Aerospace/Land Defense/Precision Machinery/Power Systems/Techwin - Held an Event for Law-abiding People’s Day
Headlines for September 2018

Headlines for November 2018

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1. [Hanwha Group] Invited long-term employees at the 66th anniversary celebration

On October 9th, we celebrated Hanwha’s 66th anniversary. In his speech, Chairman Seung Youn Kim expressed his appreciation to all current employees, former employees, partner companies, and the nation as a whole.

The 66th anniversary celebration event for long-term employees was held on a Han River cruise yacht. The chairman invited 20 long-term employees who have worked for 30 years. At the event, the chairman thanked them for offering him 30 years of friendship and said that each and every one of them is a valuable tie connecting the parts of Hanwha.

A few days later, on October 10th, Chairman Kim sent a message to all Hanwha members commemorating Hanwha Group’s 66th anniversary.

In his message, he pointed out that there is no end to a journey of innovation and we must constantly innovate and update both our hardware and software capabilities as befits a 21st century company. In addition, he said that innovation comes from a culture of diversity, not homogeneity, and creative energy and genuine innovation can only come from diverse perspectives and experiences.

2. [Hanwha Hotels & Resorts] Held an opening ceremony of Hanwha Resort Belvedere in Geoje, Korea

On October 15th, Hanwha Hotels & Resorts opened Geoje Belvedere, which combines a hotel and a premium resort in a luxurious concept. Many people were invited to the opening ceremony, including the CEO of Hanwha Hotels & Resorts, Moon Seok, and the mayor of Geoje city.

At the ceremony, CEO Moon said, “The Geoje Belvedere is not just an indicator of Hanwha Resort’s growth momentum, but it will play a role in promoting tourism in Geoje and South Gyeongsang Province.”

The Belvedere is located just 10 minutes after crossing the Busan–Geoje Fixed Link. (Geoga Bridge) It is conveniently accessible from the major cities.

We look forward to seeing the Belvedere, which has been blessed with wonderful natural surroundings, become a place where people can taste the sweetest rest in Korea.

3. [Hanwha Group] Planted the 7th Hanwha Solar Forest as part of its environmentally-friendly reforestation efforts

Every year, many people have a difficult time because of the fine dust that comes from China. Starting with an anti-desertification project in Mongolian deserts in 2011, the Group has been planting trees and creating true environmentally-friendly forests every year using solar power generating equipment. The trees, which were first planted seven years ago, continue to grow and are becoming a thick forest. Now Hanwha is planting the 7th forest.

Along with Tree Planet, Hanwha has been contributing to the improvement of issues related to climate changes and environmental problems by planting trees in Mongolia, China, and landfills around Seoul for last seven years. It is also helping the younger generations increase their awareness of environmental issues.

This year, 1,000 additional trees are going to be planted in honor of the people who participated in the Happy Sunshine campaign.

Hanwha has been carrying out environmentally friendly social contribution activities quietly to make the world more sustainable. We hope that the Hanwha Solar Forests grow and we leave a clean earth to the next generation to come.

4. [Hanwha Group] Held the 2018 Hanwha Chungcheong Marathon

In every autumn season, Chungcheong Marathon with Hanwha takes place. The event invites not only residents of the Chungcheong area but also from all over Korea. It is an event of harmony and unity. Many people participated in the marathon, held again this year at Sejong Lake Park, and we got to see much enthusiasm among participants.

The Chungcheong Marathon with Hanwha, with its beautiful courses and fun programs, has been loved by participants every year. The event has now become a cultural festival where more people from outside of the Chungcheong area travel to enjoy it together. We congratulate those who finished the run and cheer for their better tomorrow.

5. [Hanwha Group] Held the 2018 Seoul International Fireworks Festival

2018 marked the 16th year for the Seoul International Fireworks Festival with Hanwha, held this year in honor of the 66th anniversary of Hanwha. The festival allowed over one million spectators to make unforgettable memories. Three teams from Korea, Spain, and Canada participated in the festival and they decorated the night sky with a total of 100,000 fireworks. This year’s festival produced storytelling fireworks by introducing a 63 Building gigantic LED multimedia show, day-time fireworks, and a 10m-diameter man-made moon.

This dream-like festival which happens just one day a year delivered a message of hope and supported everyone’s precious dreams.

Headlines for November 2018
  1. 1. Hanwha Group - Invited long-term employees at the 66th anniversary celebration
  2. 2. Hanwha Hotels & Resorts - Held an opening ceremony of Hanwha Resort Belvedere in Geoje, Korea
  3. 3. Hanwha Group - Planted the 7th Hanwha Solar Forest as part of its environmentally-friendly reforestation efforts
  4. 4. Hanwha Group - Held the 2018 Hanwha Chungcheong Marathon
  5. 5. Hanwha Group - Held the 2018 Seoul International Fireworks Festival
Headlines for September 2018

Headlines for October 2018

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1. [Hanwha Group] Held <Hanwha Classic 2018>, a major KLPGA tournament

Hanwha Classic 2018, the 3rd major KLGPA tournament of 2018, was held from August 30th to September 2nd at the Jade Palace Golf Club. With a total prize of 1.4 billion won, the largest in the KLPGA, the Hanwha Classic was promoted to a major game last year, and it's now recognized as one of the best tournaments because of its tradition and prestige.

The tournament competition was fierce, not just because of size of the purse, but players were able to collect points throughout the game by winning the rookie's award and the best player's award. And this year's game was held at the Jade Palace again, a premium golf club that satisfied golf fans even more.

The competition was fierce until the last round. The title of Hanwha Classic 2018 champion went to Lee Jeong-eun, and this was her 5th win overall and her first win at in a major tournament. Her ranking for the total prize money jumped from 9th to 3rd after she added 350 million won to her winnings from this tournament.

Hanwha Classic is an important event that demonstrates Hanwha Group's strong desire to promote the golf industry in Korea through the KLPGA by offering the largest amount of prize money in KLPGA history. The Group will continue to make the event a world class golf tournament by providing more attractive perks for the fans and offering the best opportunities to the players.

2. [Hanwha Group] Held a talk concert sponsored by DreamPlus

The <Flame Concert 2018> is a talk concert presented by professionals in fashion, design, healthcare, education, e-sports, and start-ups sponsored by DreamPlus. From September to November, five sessions are scheduled to be held.

At the first 'Flame Concert', about 100 people expressed their interest in a presentation prepared by a food researcher Cha Min-wook who explained his background and experiences as a food researcher.

Moreover, the presenter communicated with those who were unable to attend the session through Facebook and live video streaming, and allowed them to write comments. Following Mr. Cha's presentation, designer Kang Yo-han, Korea University medical school professor Lee Sang-hun, travel writer Son Mi-na who is also a principal at the School of Life, Jang Soo-han, president of School for Workers, Hanwha Life eSports team coach Kang Hyun-jong and players are scheduled as presenters between now and November.

The <Flame Concert 2018> is available for everyone through various SNS channels such as the DreamPlus homepage, Hanwha Days YouTube channel, and Hanwha Naver TV. Hanwha members can take advantage of this opportunity to learn about the latest trends and insights through the Flame Concert.

3. [Hanwha Defense Affiliates] Participated in DX KOREA, The Largest Land Weapons Exhibition

The Group's defense affiliates, Hanwha Corporation, Hanwha Systems, Hanwha Land Systems, and Hanwha Defense, participated in DX Korea 2018, the largest land weapons exhibition held from September 12th to 16th at Kintex in Ilsan, Korea. They set up an integrated booth and introduced cutting-edge technology weapon systems and solutions developed to respond to the future battlefield environment.

They displayed various advanced weapons systems and solutions developed with 4th industrial revolution technologies such as defense robots, drone systems, and personal battle systems. By doing so, they proposed the development direction of the future unmanned weapons systems for minimizing casualties and improving the efficiency of missions. Moreover, they introduced their key business areas, which are mobile and firepower, guided weapon, and defense electronics by introducing product portfolios that varied from integrated system technologies to core parts. Through these areas, they plan to find ways to export to about 30 countries by networking army chiefs of staff and military officials.

The DX Korea 2018 exhibition was a great opportunity to estimate the latest trends and the future direction of the defense industry since military officials from over 30 countries were present. We hope that Hanwha defense affiliates lead the development of cutting-edge weapons systems based on the globally-recognized competence of their products and technologies.

4. [Hanwha Galleria] Exclusively launched a French premium brand <Faure Le Page>

As a part of the MD reorganization, Hanwha Galleria introduced a French designer brand that is leading the latest fashion trends in Europe. Hanwha Galleria signed an exclusive license agreement with the French premium brand <Faure Le Page> for the Korean market. This enabled Hanwha Galleria to introduce its unique brand identity.

On September 13th, Faure Le Page opened its first shop at the Galleria Luxury Hall. Faure Le Page is a French premium brand with over 300 years of history. It sells handmade handbags and wallets. This Galleria's new store in Korea is a Faure Le Page's eighth store in the world. The addition of this new brand strengthens Galleria's premium image, as this exclusive brand cannot be seen in any other department stores in Korea.

Hanwha Galleria will continue to put various efforts into leading the trend by bringing differentiated brands to Galleria.

Headlines for October 2018
  1. 1. Hanwha Group - Held <Hanwha Classic 2018>, a major KLPGA tournament
  2. 2. Hanwha Group - Held a talk concert sponsored by DreamPlus
  3. 3. Hanwha Galleria - Exclusively launched a French premium brand <Faure Le Page>
Headlines for September 2018

Headlines for September 2018

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1. [Hanwha Group] Announced 35,000 New Hires and 22 Trillion Won Investment over The Next Five Years

The Group announced plans to strengthen its global business competitiveness by investing 22 trillion won in new and core businesses over the next five years until 2022 and prepare for the 4th industrial revolution by expecting the innovative growth. The annual average investment of 4.4 trillion won is a 37% increase from the average of last three years, which was 3.2 trillion won.

Meanwhile, the Group is going to actively create good jobs and recruit 35,000 people over the next five years. The Group’s annual recruiting had remained between 3,000~4,000. Since 2016, however, that number has increased to about 6,000 when the Group built new solar manufacturing facilities and started new businesses. The Group is now planning to hire about 7,000 people annually, which is the largest number in the history of Hanwha.

Through these medium and long-term plans for investment and recruitment, the Group expects that 2018’s 70 trillion won in revenue would reach 100 trillion won in 2023.

2. [Hanwha Systems] Hanwha Systems - Hanwha S&C Merged to Become Hanwha Systems

Hanwha Systems and Hanwha S&C merged and began as a new company ‘Hanwha Systems’ as of August 1st. Under their new vision as a global leading solution provider for defense and IT services, they held a shareholders’ meeting and announced the beginning of the new merged company.

The merged Hanwha Systems is going to combine the former System’s radar and sensor development competencies and ICT’s system integration competency in the short run. This combined effort, for example, is expected to create synergy in a drone control and surveillance system and an IoT business for a defense resources and battlefield management.

In addition to these, Hanwha Systems plans to create more synergy by combining more of the two companies’ strengths in order to upgrade the existing businesses and increase revenue. We look forward to seeing the new Hanwha Systems’ meet their goal of reaching 6 trillion won in revenue by 2027.

3. [Hanwha Group] Opened the DreamPlus online platform, a group’s social contribution brand of human resource development
Hanwha Group plans to fulfill its social responsibilities while securing new growth engines through investment and recruitment at the same time. The Group has opened the DreamPlus online platform, which includes core information for those looking to set up a startup or search for jobs.

DreamPlus is Hanwha’s social contribution brand of human resource development and a program developed mainly to assist with setting up a startup or a job search.

The DreamPlus platform is created with the concept, “Find your dream, Challenge your dream, and Connect your dream”. These are the key phrases of this new startup ecosystem that the Group has been pursuing.

DreamPlus is the first case in which a large corporation has taken a lead in the development of an innovative startup ecosystem. Through the opening of the online platform, DreamPlus will become a center for promoting a startup ecosystem along with DreamPlus’ offline integrated platforms, DreamPlus 63 and the Gangnam center. The Group will continue to invest and provide support for a startup ecosystem.

4. [Hanwha Energy] Held a Groundbreaking Ceremony of Hydrogen Fuel Cell Power Plant in Daesan

Interest in clean energy is increasing along with concerns about climate change. Hanwha Energy held a groundbreaking ceremony for a mega power plant to produce a byproduct-hydrogen fuel cell for the first time in the world. This power plant is an eco-friendly facility of the future that converts chemical energy to electric energy when hydrogen reacts with oxygen.

Hydrogen fuel cell power generation is a method that generates electricity by extracting hydrogen, a byproduct of chemical processes from the petrochemical complex, and creating an electrochemical reaction with oxygen. This is the first mega fuel cell power generation plant that uses byproduct hydrogen in Korea as well as in the world. Hydrogen fuel cell power generation does not create nitrogen oxide(NOx), sulfur oxides(SOx), or fine dust when it generates electricity. It is an eco-friendly power generation facility because it filters ultrafine dust through micro-filters.

With this, Hanwha Energy can strengthen their position as a comprehensive energy provider by adding a hydrogen fuel cell power generation business to their existing business portfolio of energy and solar power generation.

5. [Hanwha Group] Held the final round of Hanwha Science Challenge 2018

The final round of the Science Challenge 2018, a challenge for science-gifted students to save the world, was held from August 21st to 23rd at Hanwha HRD Center.

This year was the eighth Science Challenge and each year the contest has used the same theme, “Saving the Earth”. The event requires outstanding creative ideas that can solve four different global issues. These four issues deal with how the earth and humanity can coexist. Since this challenge is the largest science competition in Korea for students gifted in science, a total of 1,248 students from 624 teams signed up. This year’s event set the record for attracting the largest number of participants.

The Group is providing support for the previous winners of the competition and opportunities to communicate with each other so that they can take on new challenges for their dreams with pride as Science Challenge winners. Until we have a Nobel Prize winner from among Hanwha Science Challenge winners, we continue cheer for all those science-gifted kids who are striving for their dreams for the future.

Headlines for September 2018
  1. 1. Hanwha Group - Announced 35,000 New Hires and 22 Trillion Won Investment over The Next Five Years
  2. 2. Hanwha Systems - Hanwha Systems - Hanwha S&C Merged to Become Hanwha Systems
  3. 3. Hanwha Group - Opened the DreamPlus online platform, a group’s social contribution brand of human resource development
  4. 4. Hanwha Energy - Held a Groundbreaking Ceremony of Hydrogen Fuel Cell Power Plant in Daesan
  5. 5. Hanwha Group - Held the final round of Hanwha Science Challenge 2018
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