Headlines for November 2017
1. [Hanwha Group] Chairman's Message Commemorating Hanwha Group's 65th AnniversaryThis year Hanwha Group celebrated the 65th anniversary of its foundation. In his speech at the foundation day celebration, Chairman Seung Youn Kim said that the last 65 years have been a time of both challenge and innovation that "we found a way through, when confronted by mountains, and bridged to the other side, when blocked by a river." And he also said that the legacy we have created is the fruit borne of the collective efforts of our companies and employees worldwide.He emphasized that we must not stop at simply finding new opportunities but move on to generating creative values, cultivating the kind of start-up DNA that drives new enterprises with enthusiasm that would also fit a young Hanwha image.He asked that we must respond to it in earnest by breaking away from the old paradigm and changing our mindset in order to pivot in a completely new direction and embrace the new era.Moreover, he said that we must continue extending this sincerity to our customers, the society, and the nation as we have done over the past 65 years. Because the philosophy of trust has indeed served as the foundation of Hanwha's philosophy of serving the country through business, it will help us as we aspire to become a truly world-class enterprise. He concluded his 65th foundation year speech with a message that Hanwha members should continue to lead the changing world with a burning passion in our hearts. 2. [Hanwha Group] Chairman Kim Visited Hanwha Corporation R&D Center and Q CELLS Jincheon PlantTen days prior to the foundation day ceremony, Chairman Seung Youn Kim made surprise visits to the Hanwha Corporation R&D Center and Hanwha Q CELLS Jincheon Plant. Chairman Seung Youn Kim visited the Hanwha Corporation R&D center in Daejeon, which was completed last July. Since the defense industry is a promising industry, Chairman Kim asked the researchers to work with firm determination so that the R&D center can increase its global competitiveness through self-reliant technologies and become the number one in the industry, playing a central role in national defense. His next visit was to the Hanwha Q CELLS Jincheon plant, located in Chungbuk province. The Chairman said that the company should make itself an exemplary case of win-win growth and job creation through the successful completion of its factory expansion. When the expansion of Hanwha Q CELLS Jincheon plant will be completed in January 2018, the existing production capacity will increase from 2.2GW to 3.7GW, and a module production line of 1.4GW will be added. Moreover, we expect that the nearly 600 billion won investment in this factory expansion will create about 600 more jobs and contribute significantly to the vitalization of the local economy.Chairman Kim's surprise visits prior to the foundation day celebration delivered pride and confidence to employees. We hope to see all Hanwha members contribute to making Hanwha number 1 a reality with sense of commitment. 3. [Hanwha Group] 2017 Seoul International Fireworks Festival with HanwhaThe 2017 Seoul International Fireworks Festival with Hanwha, a main autumn evening event, successfully finished its 15th event. Just one day a year! On September 30th, an enormous number of people filled the Yeoido Hangang Park to watch the 2017 Seoul International Fireworks Festival with Hanwha light up the Seoul skyline.About a million spectators visited this annual festival again to make an unforgettable memory with their family, friends, and loved ones. This year's festival offered many things to see and do, and many people waited in long lines to find the best viewing spots. Three countries, Korea, the U.S., and Italy, participated in this year's festival with the theme, "One glimpse of a fantastic world amid the hectic daily lives". The displays told a number of stories with colorful and unique fireworks. It would have been wonderful if more people could enjoy it at the river, but those who could not come to Yeoido were able to watch the fireworks live on Naver TV. The production theme of this year's fireworks was VIVID. Like the word's definition, the pyrotechnics teams displayed energetic and dynamic fireworks that were full of life and color. For a safe trip back home, a volunteer team of 700 Hanwha employees cleaned up the area where the festival was held.Hanwha Group cheers for everyone's future with the Seoul International Fireworks Festival, which handed comfort filled with dreams to those who are exhausted from their hectic daily lives. 4. [Hanwha Group] Participated in The Largest International Defense Exhibition in The U.S.The Group displayed actual weapon systems made with our own technology for the first time in history at the International Defense Exhibition in Washington D.C., the largest defense market. Prior to the opening of the exhibition, Group officials visited the Korean War Veterans Memorial to offer flowers and commemorate those who sacrificed their lives. The 2017 AUSA Annual Meeting & Exposition is hosted by the Association of the United States Army, and it is the largest global defense exhibition for the procurement sector of the U.S. defense industry. 600 major defense companies from countries around the world including the U.S., Germany, the U.K., and Israel, participated in the exhibition. Hanwha's defense affiliates sent 60 people, a large number, including CEOs from each defense affiliate. Together they opened one booth for Hanwha and displayed an actual K9 self-propelled artillery unit and a Hybrid BIHO, a gun and missile air defense system, to begin a global marketing campaign targeting the U.S. and Central and South American defense markets.The Hanwha Group that displayed real weapon systems weighing tens of tons in the heart of the U.S. for the first time in Korean history now plans to go beyond the goal of becoming the number one defense company in Korea by targeting the global market. 5. [Hanwha Group] Sponsored 2017 Chungcheong MarathonBeyond offering a sense of accomplishment at the finish line, a race is more special when all family members can participate. The 2017 Chungcheong Marathon was held on October 21st. In the early hours of October 21st, Sejong Lake park, where the cool air harmonized with open views, was full of Hanwha members, their families and people from the Chungcheong area and every part of Korea. This year's event, Kim Shin-youn, CEO of Hanwha Eagles, the Sejong city mayor, and local government officials attended the opening ceremony to show their support.This year's event was comprised of full and half marathons, and 10K and 5K courses so that everyone from professional marathoners to members of the Hanwha employees marathon club and ordinary citizens could participate. The marathon event was not just a record competition, but it was also a festival that harmonized members of different age groups. The 2017 Chungcheong Marathon with Hanwha is finished now. But we hope to see Hanwha take on more challenges with passion and we hope to see the event grow as Hanwha communicates more with local people. 6. [Hanwha Group] Held Hanwha Global Communications Workshop 2017Hanwha Global Newsletter correspondents from each affiliate who are trying to spread Hanwha's organizational culture in the world assembled in one place again this year. The Group organized the 2017 Hanwha Global Communication Workshop so that these correspondents could meet with other reporters in Korea. 20 Hanwha Global Newsletter correspondents who are working for nine companies and 21 overseas affiliates, including Hanwha Corporation, Q CELLS, Techwin, Life Insurance in nine other countries, attended the event along with 14 reporters from the headquarters in Korea.First, they had an opportunity to learn about Hanwha through training sessions on Hanwha's history, core values, and brand management. They were able to understand each affiliate's main businesses as each correspondent introduced their own company. They also had a chance to improve their correspondent skills with training in areas such as news script writing and video editing.Choi Sun-mok, the head of the Group's communication team, said at the conference that this would be a great opportunity to learn about Hanwha's history and major businesses and to better understand Korea as well. He also hoped that this gathering served as a meaningful time to strengthen the internal communication of global Hanwha. As Hanwha becomes a global company, vibrant communication with employees overseas becomes more important. We hope all Hanwha members in the world have pride and sense of belonging through our communication channel, the Hanwha Global Newsletter. And we hope everyone here becomes representatives of the Hanwha culture, which will be the foundation of our global competences.