Hanwha Broadcasting Center On Air

Hanwha Broadcasting Center On Air

Headlines for May 2018

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1. [Hanwha Group] Attended the Boao Forum for Asia

The Boao Forum for Asia, known as the Asian version of the Davos Forum, was held in Hainan, China on April 8th and was attended by the world‘s economic and political leaders. During the forum, the Group was first among Korean companies to organize one of the official sessions.

The theme of this year’s forum was “An Open and Innovative Asia for a Greater Prosperity.” The Group has participated in the forum for five consecutive years. Through the forum, they have expanded their understanding of China and Southeast Asia, and carried out private economic diplomacy activities as they strengthen their global networks.

Particularly, Kim Dong Won, Hanwha Life Insurance’s Chief Innovation Officer, who was selected as a Young Business Leader at the 2017 Boao Forum, attended a discussion hosted by the president of China, Xi Jinping, being recognized as a next-generation leader in Asia. He was invited to the meeting where he communicated with about 50 world business leaders.

Meanwhile, the Group organized a round-table discussion entitled: “Blockchain: Theory, Technology & Application.“ The participants, professionals in business and academia, had a heated discussion about the possibility of growth and formation of a global ecosystem for emerging blockchain technologies.

The Group will continue their interchange with global fintech companies, start-ups, and blockchain professionals and focus on expanding their networks in this area. Also they will expand their presence in the global market as they strengthen their position as a bridge between companies and start-ups.

2. [Hanwha Aerospace] Held Inauguration Ceremony for Hanwha Aerospace

On April 1, Hanwha Techwin changed its name to Hanwha Aerospace, and its Security Business Group was separated from Hanwha Techwin at the annual shareholders’ meeting. The inauguration ceremony for Hanwha Aerospace was held on April 3rd at their headquarters in Changwon, Gyeongsangnamdo province.

CEO Shin said that with the name change to Hanwha Aerospace, the company now has a solid identity as an aviation company. He also emphasized that all employees must work together to achieve the vision of “Becoming the No.1 Global Partner in Aircraft Engines.”

Hanwha Aerospace now has five subsidiaries: Hanwha Land Systems, Hanwha Power Systems, Hanwha Precision Machinery, Hanwha Systems with four existing business units, and Hanwha Techwin, the new name of the Security Business Group of Hanwha Techwin.

Hanwha Aerospace has been the only gas turbine engine manufacturer for Korean fighter jets and helicopters in Korea. We hope to see Hanwha Aerospace soaring into the sky as a global aircraft engine manufacturer.

3. [Hanwha Life] Opened a new DreamPlus center in Seoul, Korea

Hanwha Life Insurance opened DreamPlus Gangnam for the purpose of vitalizing a startup ecosystem. 

The DreamPlus Gangnam is a place where large corporations and startups can network with each other, and investors can find startups with potential. It is the largest office sharing space in the Gangnam area, with a total of 15 stories with 2,500 seats available. About 90 startups and related organizations, innovation teams from large corporations, and investors have already moved in.

Through the establishment of DreamPlus Gangnam, Hanwha Life Insurance is planning to expand the startup ecosystem and develop open innovation models through cooperation with other companies. We look forward to seeing the DreamPlus Gangnam become a hub connecting elements of the the startup ecosystem.

4. [Hanwha General Insurance] Held the 2017 Annual Awards Ceremony

Hanwha General Insurance held their 2017 Annual Award ceremony on April 11th at the Kintex grand ballroom. At the ceremony, over 380 people, including employees, award recipients, and consumer evaluators attended and enjoyed the festival together.

This year’s insurance king was Ham Sung-dae, an FP from Cheongju branch who has won the title for two consecutive years. He has achieved a cumulative retention rate of 94.2% with an annual revenue of 2.7 billion won by focusing on selling property damage insurance and group accident insurance for small companies.

Park Yun-sik, CEO of Hanwha General Insurance congratulated those who received awards for achieving outstanding results by spreading the true value of insurance. And he promised to establish an organizational culture that allows the company to grow again this year with a sales goal captured in the phrase, ‘a whole family of complete coverage’, which is about impressing the customers with the options available to them.

We will cheer for those FPs working for Hanwha General Insurance in a fierce sales environment while keeping their smiles and trying to impress their customers at the same time.

5. [Hanwha Group] Celebrates its 30th year of 2018 Classic Festival with Hanwha

The 30th Orchestra Festival with Hanwha began with an even greater number of programs this year. This year’s theme was ‘Festival,’ and it was prepared in such a way that people could enjoy a festive atmosphere during what has become the best orchestra festival in Korea.

17 orchestras in Korea and the Taiwan Philharmonic, one of the top symphonies in Asia, performed a total of 18 times.

This year’s festival celebrated its 30th year with a special event on the eve of the festival’s opening. 50 musicians who are actively performing in Korea and abroad organized a wind symphony conducted by Kim Young-ryul, a hornist. Their performance on the eve of the festival’s opening announced its beginning, and it was followed by a special performance from the Hanwha Employee Choir and added a different flavor to the festival.

During the last 30 years, the Orchestra Festival has emerged as the best and the largest classical music festival in Korea. We hope to see the world-class performances and various repertories of Orchestra at the Orchestra Festival with Hanwha every year.

Headlines for May 2018
  1. 1. Hanwha Group - Attended the Boao Forum for Asia
  2. 2. Hanwha Aerospace - Held Inauguration Ceremony for Hanwha Aerospace
  3. 3. Hanwha Life - Opened a new DreamPlus center in Seoul, Korea
  4. 4. Hanwha General Insurance - Held the 2017 Annual Awards Ceremony
  5. 5. Hanwha Group - Celebrates its 30th year of 2018 Classic Festival with Hanwha

Archive for Hanwha Broadcasting Center
Headlines for April 2018

Headlines for April 2018

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1. Hanwha Group - Was covered by the media for its fireworks show and the PyeongChang Winter Paralympics torch
2. Hanwha Group & Hanwha Eagles - Received People's Choice Advertising Awards
3. Hanwha Group - Reopened its employee communication channel website, Channel H Plus
4. Hanwha Systems - Held a dedication ceremony of the largest antenna system testing facility 
5. Hanwha Affiliates - Participated in the exhibitions held throughout the world


[Hanwha Group] Was covered by the media for its fireworks show and the PyeongChang Winter Paralympics torch
[Hanwha Group & Hanwha Eagles] Received People's Choice Advertising Awards
[Hanwha Group] Reopened its employee communication channel website, Channel H Plus
[Hanwha Systems] Held a dedication ceremony of the largest antenna system testing facility 
[Hanwha Affiliates] Participated in the exhibitions held throughout the world


1. [Hanwha Group] Was covered by the media for its fireworks show and the PyeongChang Winter Paralympics torch

The flame symbolizing the Olympic spirit blazed again at the Paralympics. Technology met people while people met each other through the torch made by Hanwha Corporation. The story of the PyeongChang Winter Paralympics torch relay was also made into a documentary by SBS Sunday Special.

Furthermore, the MBC News Desk covered the story of the fireworks that opened the 2018 PyeongChang Winter Paralympics, along with a story of Hanwha employees who worked with passion behind the scenes. This coverage helped many viewers see that the beautiful fireworks were possible thanks to the dedication of many people working on the installation behind the scenes.

We congratulate those athletes who participated in the Paralympics who had the flames of dream, hope, and challenge in their heart.

2. [Hanwha Group & Hanwha Eagles] Received People's Choice Advertising Awards

Hanwha Group and the Hanwha Eagles were recognized for presenting Hanwha's unique, warm emotions from the only award in Korea that allows consumers to select the award recipients.

The Hanwha Eagles received the grand prize in an online category, which is the highest award of the People's Choice Advertising Awards for their campaign called 'A Word Didn't Exist in the World'. This campaign was a project in which the Hanwha Eagles made sign language for an amateur baseball team for deaf people. The Hanwha Eagles' effort to help everyone enjoy playing baseball in a fair and equal way and live happier lives through baseball delivered a warm message to consumers' hearts.

Meanwhile, the Group received an award in the print category for their Happy Sunshine campaign, a social contribution program that assisted social welfare organizations by installing solar power generating facilities. Moreover, the Group delivered the meaning of the flame that Hanwha is pursuing in a radio campaign called, 'What is your flame?' This campaign has been recognized for effectively conveying the company's value and friendly nature.

Additionally, another Hanwha Group's promotional video was honored to receive a first prize for the first time among Korean companies in the promotional video category at the Mercury Awards, which is one of the world's top three awards for advertising.

The Group's brochure already had received a Mercury Award once. Hanwha's ability continues to be recognized not only in Korea but also in the world as they have also received both ASTRID and ARC Awards.

3. [Hanwha Group] Reopened its employee communication channel website, Channel H Plus

From offering Hanwha Group news and organizational culture to trendy contents, Channel H has functioned as a channel of communication for Hanwha employees. Now Channel H has reopened its website with a new name, Channel H Plus, adding the value of Hanwha employees' personal growth through education.

First, it has adopted an easily viewable interface so that users can navigate the website and find content easily. Users of Channel H Plus can also access the site from their mobile devices.

Before everything else, the biggest feature of Channel H Plus is that Hanwha employees will have access to high quality educational content for their self-improvement. Leaders can share and interact with their employees through this content. Employees can become trendy Hanwha members who respond proactively to change through self-study and self-development. We look forward to seeing Channel H Plus take its place in our daily lives.

4. [Hanwha Systems] Held a dedication ceremony of the largest antenna system testing facility

Hanwha Systems held a dedication ceremony for the new antenna system testing facility on March 15th at their R&D Center in Yongin. 60 people, including Chang Si-kwon, CEO of Hanwha Systems, the president of Agency of Defense Development, and officials from DAPA attended the ceremony.

Over the last 35 years, Hanwha Systems has been accumulating radar development competencies for the Army, Navy, and Air Force by adopting technologies and by means of localization. The company recently built the largest and the most technologically advanced antenna testing facility exclusively for the purpose of near-field measurement in order to expand investment in developing an active, electronically-scanned array antenna, which is an essential step toward securing advanced radar technology.

This new antenna testing facility is going to carry out the testing of multifunction radar for a long-range surface-to-air missile, which is at the center of the Korea Anti-Missile Defense system. And this facility is going to test an active, electronically-scanned array antenna for multipurpose radar, which will be installed on a next generation frigate (FFX-III) in the near future. They are also going to take on large and complex research projects on next- generation radars for land, marine, air, and anti-satellite weapon systems.

[Hanwha Affiliates] Participated in the exhibitions held throughout the world

The last news is the story of Hanwha affiliates that have participated in various exhibitions around the world during the month of March. Hanwha Q CELLS participated in the PV EXPO 2018 in Japan. Affiliates in the defense industry participated in the AFED 2018, a defense exhibition held in Saudi Arabia. And Hanwha Advanced Materials participated in the JEC World 2018.

Hanwha Q CELLS participated in the PV EXPO 2018 at Tokyo Big Sight in Japan. Hanwha Q CELLS set up the largest booth at the exposition, displayed residential solutions, and launched high-power products. As the number one global solar company, they displayed various models in their portfolio and attracted a lot of visitors to their booth. Meanwhile, the affiliates in defense industry participated in the AFED 2018, held in Riyadh, Saudi Arabia. They received a lot of attention from spectators because they displayed 17 product models and images in the mobile and firepower, precision strike, and defense electronics sectors. Starting in the Middle East, including the Saudi Arabian market, our affiliates in the defense industry used this exhibition as a steppingstone to enter the world's defense market more aggressively.

Hanwha Advanced Materials displayed SuperLite, BuffLite, IntermLite, and StrongLite, which has the number-one market share in the world, along with many other newly developed materials at the JEC World 2018, held in Paris.

This exhibition was an opportunity for Hanwha Advanced Materials to actively introduce their own R&D competitiveness and technologies to the world through the display of various light composite materials for cars and related products.

Headlines for April 2018
  1. 1. Hanwha Group - Was covered by the media for its fireworks show and the PyeongChang Winter Paralympics torch
  2. 2. Hanwha Group & Hanwha Eagles - Received People's Choice Advertising Awards
  3. 3. Hanwha Group - Reopened its employee communication channel website, Channel H Plus
  4. 4. Hanwha Systems - Held a dedication ceremony of the largest antenna system testing facility 
  5. 5. Hanwha Affiliates - Participated in the exhibitions held throughout the world
Headlines for March 2018

Headlines for March 2018

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1. [Hanwha Group] President Moon Visited Hanwha Q CELLS’ Jincheon Plant

President Moon Jae-in visited Hanwha Q CELLS’ Jincheon plant to attend a Hanwha Q CELLS’ Job sharing declaration ceremony. This was President Moon’s first stop on his tour of the top 10 corporations’ business operations. Hanwha Q CELLS is contributing to the balanced development of the local economy by creating 500 new jobs. Hanwha Q CELLS held a job sharing declaration ceremony at their Jincheon plant in Chungcheongbuk-do Province.

At the ceremony, President Moon said in his speech that Hanwha Q CELLS offers an example of how to implement harmony between the union and management and Hanwha Q CELLS is a global solar company whose vision aligns with the 3020 new renewable energy policy. And he continued to say that Hanwha Q CELLS is contributing to the development of the nation’s economy by bringing their business operations back to Korea while other companies are taking their business abroad.

President Moon’s visit to the Jincheon plant was meaningful because his visit recognized the Jincheon plant as one of outstanding business operations that are actively implementing government policies such as expansion of new renewable energy, balanced development of the local economy, local job creation, and reduction of working hours.

2. [Hanwha Group] Opening of 2018 PyeongChang Winter Olympic Games

The 2018 PyeongChang Winter Olympic Games, which Korea was finally able to host after three bids, held its opening ceremony and touched the people all around the world with a message of peace. The fireworks that illuminated the main stadium were made by Hanwha and the fireworks filled the spectator’s hearts with peace. Thanks to the fireworks and the splendid performances that displayed Korea’s culture, tradition, and cutting-edge technology, the opening ceremony captivated the world.

A total of seven different types of fireworks were displayed at the opening ceremony, and they were well received by the world.

The finale of Hanwha’s fireworks show featured twirlers, dancing and singing Dokkaebi, the mischievous goblins of Korean folklore, during the ‘Flame of Hope’ segment of the opening ceremony.

As Hanwha delivered a message of peace to the world, we hope to see the PyeongChang Winter Olympic and Paralympic Games conclude with peace and people at the center of these sporting events.

3. [Hanwha Group] Held 2017 Hanwha Social Contribution Awards

Each affiliate of Hanwha is carrying out social contribution activities which are based on Hanwha’s social contribution philosophy and reflecting both their business and geological features. In order to recognize various efforts to bring about the increase of company value and social change, and go beyond traditional supporting projects for the underprivileged, the Group held the 2017 Hanwha Social Contribution Awards.

This year’s Hanwha Social Contribution Awards involved 30 affiliates and 82 Hanwha offices. The Group selected awards recipients that achieved outstanding results from their social contribution activities during 2017. This year’s awards were more meaningful because they invited the evaluators from outside to evaluate the recipients’ social contribution activities in order to find ways to improve the existing programs.

At the awards ceremony, Hanwha Chemical H.Q., which had carried out exemplary social contribution activities during the year, received the grand prize, Hanwha Life H.Q. received the excellent prize, and outstanding prizes went to Hanwha Systems H.Q., Hanwha Hotels & Resorts H.Q., and the Hanwha Techwin Changwon Plant.

In order to make the world warmer and more beautiful, each and every one of us should try our best to engage in social contribution activities.

4. [Hanwha Systems] Opened Research Center for the Convergence of National Defense and Artificial Intelligence with KAIST

Recently, the national defense field has been actively searching for ways to utilize 4th industrial revolution technologies in order to respond effectively to a network-centered national defense field. To this end, Hanwha Systems shook hands with Korea Advanced Institute of Science and Technology (KAIST) to develop artificial intelligence, an important element of the 4th industrial revolution.

By running this research center together, Hanwha Systems and KAIST want to establish a cooperation system to study topics related to the convergence of national defense and AI, explore opportunities for technical advices, and exchange and train researchers.

At this center, they have selected four artificial intelligence-based studies: a command decision support system, an unmanned submarine hybrid navigation algorithm, an aircraft training system, and intelligent object tracking and recognition technology. The goal is to accelerate research into the convergence of national defense and AI technology through this industry-university collaborative partnership.

Hanwha Systems has proven advanced technology in defense electronics systems, and we hope to see their AI technology lead the 4th industrial revolution in the defense sector.

5. [Hanwha Group] Held 2018 New Executives Training Program

Becoming an executive means becoming a transformational leader who provides vision to the employees to enable them to realize the organization’s mission. The Group held a training session for new members of the executive team who became the next generation leaders as of January 1st. At the training session, they defined the roles of a leader and discussed how to become a true leader.

The three days of training wrapped up at the Plaza hotel. The new executives spent pleasant and valuable time with their spouses who had supported them on their journey to become executives at a banquet with a special lecture on a humanities topic.

Those who attended the training reconfirmed that a sense of duty, pride, and self-respect build the strong foundation that supports the organization. These new leaders are now standing on a new starting line. We look forward to seeing them do their best for the company’s innovation and organizational development.

Headlines for March 2018
  1. 1. Hanwha Group - President Moon Visited Hanwha Q CELLS’ Jincheon Plant
  2. 2. Hanwha Group - Opening of 2018 PyeongChang Winter Olympic Games
  3. 3. Hanwha Group - Held 2017 Hanwha Social Contribution Awards
  4. 4. Hanwha Systems - Opened Research Center for the Convergence of National Defense and Artificial Intelligence with KAIST
  5. 5. Hanwha Group - Held 2018 New Executives Training Program
Headlines for January 2018

Headlines for February 2018

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1. [Hanwha Group] Attended the 2018 The World Economic Forum in Davos

The Davos World Economic Forum is an event where people from global companies and other sectors come to meet. Dong Kwan Kim, Chief Commercial Officer and Executive Vice-President of Hanwha Q CELLS, Kim Hee Cheol, CEO of Hanwha Total Petrochemical, Youn-Chul Kim, CEO of Hanwha Corporation/ Machinery Division, and Yong-Hyun Kim, CEO of Hanwha Asset Management attended this year’s forum, and they met over 200 global leaders in 60 business meetings over four days.

These Hanwha executives explored the importance of preemptively dominating the core technology of the 4th industrial revolution, discussed the recent transformation of the energy industry due to fluctuations in oil prices, and they discussed ways to connect traditional finance and the 4th industrial revolution.

Thanks to the wisdom and experience of other global leaders and the collective intelligence of the world’s scholars, it has been determined that this year’s forum has played a vital and necessary role in Hanwha Group’s quest for future competitiveness as a global leader amid the fast-changing currents of the current global economy. We look forward to seeing Hanwha expand our global networks and strengthen our global status at future gatherings of the World Economic Forum.

2. [Hanwha Group] Donated Tickets to the 2018 PyeongChang Winter Olympic Games to International Military Officers in Korea

In his New Year’s message, Chairman Seung Youn Kim reminded the employees that the PyeongChang Winter Olympic Games will be held next month, and we must show our support for this national event since the eyes of the world will be on Korea. To fulfill this promise of support, Hanwha Group purchased 1,400 tickets to the Olympic Games and donated 300 of them.

At the donation ceremony attended by Lee Tae-jong, CEO of Hanwha Corporation, and Lee Hee-beom, the president of the PyeongChang Organizing Committee for the 2018 Olympic and Paralympic Winter Games, Hanwha donated 300 tickets to 80 international military officers who represent 27 countries and who are studying national defense, foreign affairs, military education, and Korean language here in Korea.

Also, the Group will donate tickets to disadvantaged people by matching Hanwha employees and social welfare organizations that are sponsored by Hanwha. We cheer for a successful winter Olympics, which should be remembered as not as the nation’s Olympics, but as our Olympics.

3. [Hanwha Q CELLS] Held the Inauguration Ceremony of the Hanwha Q CELLS Golf Team

Since its start in March 2011, Team Hanwha, the ladies’ professional golf team, has been sponsored by the Group. Starting this year, the team will be sponsored by Hanwha Q CELLS and will start the year with the new name, Team Hanwha Q CELLS.

There are nine players on the 2018 Hanwha Q CELLS golf team. The players include the existing members of Team Hanwha who are playing in the LPGA: Kim In-kyung, Ji Eun-hee, Nomura Haru, Shin Ji-eun, and Nelly Korda, players who are playing in the JLPGA: Lee Min-young and Yoon Chae-young, and Kim Ji-hyun who is playing in the KLPGA. They newly recruited Lee Jung-min, who has eight wins in the KLPGA.

Since the golf team was organized in 2011, they have collected a total of 22 wins. The year 2017 was a special year because the team became a prestigious one, having 10 wins in the US, Korea, and Japan combined thanks to the support system for the players.

Hanwha Q CELLS will continue to provide a system of support, recruit promising players, and actively carry out sports marketing for the Hanwha Q CELLS golf team. We look forward to having Hanwha members’ interest in and support for Team Hanwha Q CELLS.

Headlines for February 2018
  1. 1. Hanwha Group - Attended the 2018 The World Economic Forum in Davos
  2. 2. Hanwha Group - Donated Tickets to the 2018 PyeongChang Winter Olympic Games to International Military Officers in Korea
  3. 3. Hanwha Q CELLS - Held the Inauguration Ceremony of the Hanwha Q CELLS Golf Team
Headlines for January 2018

Headlines for January 2018

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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.

Headlines for January 2018
  1. 1. Hanwha Group - Chairman Seung Youn Kim Visited Hanwha Q CELLS' Qidong Plant and the Beijing Office of Hanwha Advanced Materials in China
  2. 2. Hanwha Group - Hanwha Olympic Torch Relay in Daejeon Area
  3. 3. Hanwha Life - Held the Korea Service Grand Prix 'Hall of Fame' Dedication Stone Unveiling Ceremony
  4. 4. Hanwha Land Systems - Held Ceremony Celebrating the First Shipment of K-9 Self-propelled Howitzers to India
Headlines for December 2017

Headlines for December 2017

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1. [Hanwha Group] Delivered Gifts to Employees' Children Taking College Scholastic Ability Test

Chairman Kim Seung Youn gave gifts to a total of 4,013 students, including Bugil Academy students, children of Hanwha Life Insurance FPs and Hanwha employees, and cheered them on for the challenge that they were undertaking. He reminded the students that this test was one of the most important challenges they will have, and he encouraged them to remember that this accomplishment will be meaningful and can lead to success in the future.

Since 2004, Chairman Kim has been giving gifts to those taking the College Scholastic Ability Test (CSAT), and this has been one of the company's greatest demonstrations of support for many Hanwha families. Chairman Kim said that every Hanwha member will pray for those who are taking the test and for their successful results, and he reminded them, ‘Steel that endures hundreds of tempering can become a great sword'.

We hope that children of Hanwha family members and Bugil Academy students who received these gifts achieve good results on the test, and we cheer them on as they begin this new journey into the wider world.

2. [Hanwha Group] PyeongChang 2018 Olympic Torch Relay

'Let Everyone Shine,' the flame for the Olympic Winter Games PyeongChang 2018 was finally lit in Greece on October 24th. The flame which was lit with the sun's rays at the Temple of Hera in the Peloponnese traveled around Greece for eight days as a symbol of the Olympic Spirit.

With a grand welcoming event, the Olympic torch, which returned to Korea 30 years after the 1988 Seoul Summer Olympics, began its 101-day 2,018km-long journey. The torch will be carried by 7,500 torch bearers and it will travel across 17 cities and province before it is scheduled to arrive in PyeongChang on February 9th.

Meanwhile, Hanwha made a total of 9,640 torches. These torches were designed to withstand severe winter weather and protect the flame for over 15 minutes, even in gale-force winds and blizzard conditions. A golden flame-shaped badge on the top of the torch expresses the slogan of the PyeongChang Olympic Games: 'Passion Connected'. The bottom cover is even more meaningful because it was made with melted steel from the barbed wire fence along the DMZ.

Hanwha is going to escalate the energy of the Olympic Games until the runners light the final torch at the opening ceremonies. We hope that the unextinguished flame created by Hanwha's passion promotes the opening of the Olympic Games to the world and lights up the event even more radiantly.

3. [Hanwha Q CELLS] Held Energy Forum 2017 with GGGI

Hanwha Q CELLS held an Energy Forum on November 23rd at THE PLAZA hotel with GGGI, the only UN-registered energy organization in Korea.

The 2017 GGGI Energy Forum was themed, 'Building a sustainable world by promoting new renewable energy'. Participants in the forum had an opportunity to share each country’s energy policy and their future direction.

Those who participated in the forum agreed with the fact that the energy conversion trend is progressing quickly and the cost of new renewable energy is decreasing. They all forecast that new renewable energy is going to be a solution in the near future for many environmental problems, including climate changes and air pollution, two problems which the entire world is currently facing.

Moreover, Hans-Josef Fell, a president of Energy Watch Group, and a former member of the Green Party in Germany argued that the world must undertake the new renewable energy conversion activities in order to handle environmental problems effectively. He also said that it is possible to make electricity with 100% new renewable energy. He shared his opinion on the conversion to the new renewable energy in Korea and experiences that he had while establishing the New Renewable Energy Act (EGG, Erneuerbare-Energien-Gesetz) in Germany.

Hanwha Q CELLS anticipates that this GGGI Energy Forum will build a foundation for the rapid expansion of new renewable energy industry in Korea.

4. [Hanwha Asset Management] Established AI Alliance Fund

Hanwha Asset Management established the 'AI Alliance Fund' with Hyundai Motor Group and SK Telecom to invest in global start-ups with creative ideas and innovative technologies. This fund is drawing a lot of attention because it can help discover new growth engines for future business.

With their accumulated investment expertise and 92 trillion won in assets, Hanwha Asset Management has been searching for new investment opportunities that exhibit strong potential. Through the establishment of this fund, the company is going to combine the technologies of Hyundai Motor Group and SK Telecom and an artificial intelligence technology, Element AI. And they are going to invest in promising smart mobility and FinTech start-ups around the world especially in the U.S. and Europe.

Meanwhile, each of three companies is going to inject $15 million, a total of $45 million, into the AI Alliance Fund, to be launched in the first quarter of next year. The fund will not only yield a basic return for the investment but is also going to strengthen competence for the next generation of technology from a future strategic perspective as the fund searches for information on new technology, analyze global technology trends, and explore cooperative networks.

We look forward to seeing Hanwha Asset Management explore a new business model with future innovative technologies based on global investments in promising start-ups.

5. [Hanwha Hotels & Resorts] THE PLAZA Receievd Five-Star Rating

Korea has used a different hotel rating system for 40 years. In order to meet the fast-growing demands of foreign visitors, the hotel rating system has been changed to the globally-used star rating system. THE PLAZA, Korea’s premier boutique hotel, received a five-star rating, the highest rating from the Korea Tourism Organization for the first hotel among hotels owned by Hanwha.

The star rating evaluation system has been adopted by the Korea Tourism Organization. The highest rating, five stars, represents the earning of over 900 points out of 1,000 points, 700 points from the a field evavluation, and 300 points from an undercover evaluation.

THE PLAZA hotel has a sensitive interior design called 'Stay in Style' that fits the brand identity. And by calling the hotel’s concierge team "designers", the hotel strives to provide a perfect day to every guest by customizing the amenities for every guest visiting the hotel. The concierge team used to serve only guests who booked a hotel room, but now concierge service has been extended to guests visiting the convention center and restaurants as well.

We congratulate the employees of THE PLAZA who strive to provide services that exceed their guests' expectations, and we hope to see them continue to play important roles as private diplomats for their many guests from around the world.

6. [Hanwha Group] Received Grand Prize in Radio Commercial Category at 2017 Korea Advertising Awards

Hanwha continues to cultivate its culture by sensitively communicating the company’s values to customers through using various mediums.

The Group is communicating with the public through the keyword 'flame'. The message of the 'flame' campaign was delivered to consumers from the consumers'point of view and it was interesting and easy to understand. These points were highly recognized and had the honor of receiving the grand prize at the 2017 Korea Advertising Awards, the most prestigious advertising award in Korea.

This radio advertising campaign began in March to create synergy with last year's TV commercial, 'I am the flame', and it received a lot of love from listeners who found they could identify with the theme.

The power of 'flame' did not end there. Hanwha's social media brand called has been a successful means of communicating with on-line users the meaning of the flame deep in our hearts. It received the excellent award in the on-line PR category at the Korea PR Awards, and the grand prize, an award from the Minister of Science and ICT at the 2017 Korea Internet Communication Awards.

We look forward to seeing Hanwha provide a place for communication where people can ponder the small pleasures in daily life that are so often forgotten.


Headlines for December 2017
  1. 1. Hanwha Group - Delivered Gifts to Employees' Children Taking College Scholastic Ability Test
  2. 2. Hanwha Group - PyeongChang 2018 Olympic Torch Relay
  3. 3. Hanwha Q CELLS - Held Energy Forum 2017 with GGGI
  4. 4. Hanwha Asset Management - Established AI Alliance Fund
  5. 5. Hanwha Hotels & Resorts - THE PLAZA Receievd Five-Star Rating
  6. 6. Hanwha Group - Received Grand Prize in Radio Commercial Category at 2017 Korea Advertising Awards
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