Global Excellence HYOSUNG
Transcription
Global Excellence HYOSUNG
www.hyosung.com Global Excellence HYOSUNG (121-720) 119 Mapodaero, Mapo-gu, Seoul, Republic of Korea TEL. 82-2-707-7000 FAX. 82-2-707-7799 2013~2014 Global Excellence Hyosung Hyosung endeavors to realize the best values in diverse industries Contents 04 54 Message from the Chairman Research & Development 06 62 Global Excellence Hyosung About Hyosung 26 Business Areas Global Excellence H Y O S U N G Hyosung is a renowned global enterprise that fulfills its social responsibility, spearheading creative development in diverse industries with its innovative technologies. Leading & Responsibility Hyosung has been offering new solutions for development in the infrastructure industry and building a solid foundation for diverse industries. As a global leader driving innovation in industrial technologies, it is faithfully fulfilling its social responsibilities. By contributing to the economic, environmental, and social development of the next generation, Hyosung will continue to be a global enterprise fully trusted by its customers and society. 02 + 03 Global Excellence H Y O S U N G Message from the chairman Hyosung is committed to working together with our customers in making a better future. I would like to deeply thank all of our customers for your continued interest and support for Hyosung throughout the years. Since our establishment in 1966, Hyosung has relentlessly strived to contribute to the development of the Korean economy by pioneering into world markets. Today, we are opening the doors to the future based on our solid foothold as a global company in such areas as textiles, chemicals, industrial materials, power & industrial systems, construction, trade, and information & communication. Here at Hyosung, we are committed to technological and quality innovation based on our firm belief that technological capacities form the very basis of competitiveness. This ideal forms the basis of our dedication in working around the clock worldwide to make the lives better and more prosperous for all mankind. Today, Hyosung operates over 70 production facilities and sales offices around the world including Korea, the U.S., Southeast Asia, Europe, South America and Africa, through which we provide specialized products and services that incorporates the various needs of our customers. We continue to strive to become a trusted partner of our customers based on such vast network and commitment. Hyosung further invests in new growth engines for the future that will add greater values to the lives of us all. State-of-the-art carbon fiber that will replace steel in the future, renewable energy and high-efficiency industrial equipment for protecting the environment, next-generation financial infrastructures that enhances the comforts of life – these are just some of the cutting-edge technologies that will enable Hyosung to grow into a leader of innovation in a creative economy of the future. Hyosung is also actively devoted to making our societies a better place to live in through ethical management and mutual cooperation. Our mission here lies in laying the foundation for creating a better world for all of us to live together in by actively participating in social contribution activities that create jobs and provide support for vulnerable members of the society. Thank you. S.R. Cho, Chairman and CEO 04 + 05 Global Excellence H Y O S U N G Hyosung will contribute to the nation's economic development based on its technology and innovation Hyosung has been playing a pivotal role in Korea’s economic growth by developing innovative products and creative technologies that form the foundation of development in diverse industries including Textile, Industrial Materials, Chemicals, Power & Industrial Systems, Construction, and Information & Communications. Hyosung will continue to play its role as a global leader that contributes to industrial advancement through innovation in original core technologies. Textile Innovation Advanced Materials Expanded Energy Smart ATM 06 + 07 Global Excellence H Y O S U N G 08 + 09 Hyosung’s spandex brand, which ranks No. 1 in global market share 1 Global No. What’s creora®? Textile Innovation Giving new direction in textile innovation to maximize customer value Hyosung’s creora® ranks No. 1 in the global spandex market share with its highest quality and largest production volume. As the world’s 5th largest manufacturer of Nylon and Polyester yarns, Hyosung maximizes customer value through continuous technology innovation. on 0t ,20 1 0 ton 2 yr 1,50 02 7 r y 20 07 20 2013 yr 150,000 ton Trend in production amount of creora® Global Excellence H Y O S U N G 10 + 11 Advanced Materials Through innovation in advanced materials, Hyosung overcomes extreme conditions and meets safety demands In car racing competitions where drivers challenge their limits, they need the best tires available. Not a single problem should be allowed in airbags and seatbelts since they safeguard precious lives. Hyosung is leading technology advancement in the automobile parts industry through relentless innovations in hi-tech, new materials. Tire cord is a core material that determines tire performance. Hyosung ranks No. 1 in terms of global market share. 40 Share % Why tire cord? Tire cord Steel cord Bead wire World's only integrated production supplier for tire reinforcement materials Global Excellence H Y O S U N G 12 + 13 Hyosung developed the world’s first 800kV Gas-insulated Switchgear (GIS) in 1999. 800 First kV When 800kV? Expanded Energy Lighting up cities around the world by offering the most reliable power: Hyosung Power supply in cities, security devices, and chemical facilities should be running 24/7 − reliability is critical. The importance of energy alternatives to fossil fuel cannot be stressed enough. Hyosung’s commitment to prepare for the future one step ahead of others will lead to innovation in the energy industry. Energy Portfolio Smart grid Power system solar energy Wind energy Heavy electrical equipment Global Excellence H Y O S U N G 14 + 15 Smart ATM With its innovative IT solutions, Hyosung offers smart financial services to customers around the world US Dollar, Chinese Yuan, Japanese Yen, Italian Euro, Indian Rupee... Your currency may vary, but there is only one ATM that best serves everyone. Exported to more than 30 countries around the world, Hyosung's ATMs guarantee the easiest, fastest financial transactions. Hyosung’s IT innovation brings advanced smart financial services to customers around the world. Hyosung ATM accounts for 70% market share in the US retail ATM market. 70 Share % Where 70%? Software ATM Hardware E-Finance Total Financial Solution Provider Global Excellence H Y O S U N G Hyosung fulfills its social responsibility to create a more affluent society Hyosung is actively participating in social contribution activities to share profits with the community and consequently enrich society. It endeavors to fulfill corporate social responsibility through “CSE (Creating Social Ecosystem),” which builds a harmonious partnership with its stakeholders. Global social contribution activities # CSE (Creating Social Eco-system) Support for Underprivileged and Low-Income Population Hyosung is shifting from CSR (Corporate Social Responsibility), which focuses on monetary donations to CSE (Creating Social Eco-system) that leads changes in the social ecosystem. By Supporting "Win-win Collaboration" and "Shared growth" introducing the CSE concept to traditional CSR, Hyosung is taking the lead in establishing an effective and sustainable social model based on close collaboration among companies, citizens, and government. A wide range of social contribution activities 16 + 17 Global Excellence H Y O S U N G Blue Challenger Blue Challenger is the first student volunteers’ group dedicated to AT (Appropriate Technology). Hyosung and the NGO Food for the Hungry provide college students with opportunities to use more of their science and engineering knowledge than physical labor to help developing countries become financially independent. Global social contribution activities Hyosung's active social contribution programs are promoting a culture of win-win and collaboration throughout the global village Necessary technologies for underdeveloped countries Water Purification / Electricity / Housing Environment / Fuel / Sanitation & Hygiene / Agricultural Technology / Other Areas Appropriate Technologies Vietnam Smile Expedition Hyosung's international medical volunteers’ program dubbed Vietnam Smile Expedition, in cooperation with the NGO Food for the Hungry, provides volunteer dental, medical, surgical, and physiotherapy services to local residents in Vietnam where Hyosung runs tire cords and spandex plants. Water Purifier / Water Quality Tester / Solar Power Generator / Solar Lantern / Waste Incinerator / Charcoal Forge / Rainwater Harvesting System 18 + 19 Global Excellence H Y O S U N G Support for Underprivileged and Low-Income Population With a professional, systematic organization for outreach services, Hyosung gives a loving, helping hand to neighbors in need Hyosung Volunteer Group for Sharing • Support of financial independence for the vulnerable population • Education for children and youths • Socially responsible manner of business operation • Global sharing The voluntary outreach teams of all operations have been expanded and incorporated into the enterprise-wide "Hyosung Community Outreach Group" through members' voluntary participation, helping all members to engage in continuous community service activities instead of mere segmented one-time events. The group also carries out disability support programs, staff matching grant, Gimjang Kimchi sharing, disaster relief efforts, blood donations, and other active outreach efforts. 20 + 21 Global Excellence H Y O S U N G creora® workshop "Win-win Collaboration" and "Shared growth" Partner companies’ competitiveness is the building block of Hyosung’s global competitiveness For the first time among Korea’s yarn manufacturers, Hyosung has hosted the “creora® workshop” wherein international trend designers are invited to provide one-on-one consultation on the latest trends for its partner companies in major global markets including Korea, Taiwan, China, and Brazil. Through these workshops, Hyosung helps its partner companies develop unique and innovative products. Hyosung’s partnership program Hyosung is running a wide range of supporting programs for its partner companies in technology, finance, education and training, human resource, and other necessary areas. In addition, through a well-structured profit-sharing scheme, it is strengthening long-term partnerships. Various incentive programs include support for development projects designated for profit-sharing and sharing profits from revenue increase and cost saving. Win-win partnership implementation team business area purchasing representative direct and indirect financial support secondary partner support systematic technical support success sharing system personal resource support 22 + 23 Global Excellence H Y O S U N G A wide range of social contribution activities With its innovative social contribution programs based on culture and sports, Hyosung is writing a new chapter in corporate social responsibility activities No. of social contribution programs 27 4,100 No. of participating employees 12,300 Total participation hours Hyosung Culture Series We host a Music Class with globally renowned cellist Yo-Yo Ma to support an orchestra consisting of children of multicultural and low-income families. We supported the start of "Curtis and Friends". This orchestra has committed to performing a higher level of social contribution activities through the concert for earthquake in Haiti. And we supported Myoung Bo Hong charity soccer competition for underprivileged children and those suffering from incurable diseases. 24 + 25 Global Excellence H Y O S U N G Business Areas Synergy Creation in Business 26 + 27 With Customers, With the World Hyosung is your trusted partner. Hyosung is growing as a global leader with its excellent technologies and services in business sectors such as textile, industrial materials, chemicals, power & industrial systems, construction, trading, and information & communication. Guided by our management philosophy of “Global Excellence,” we endeavor to provide higher values for our customers all over the world. We shall continue challenging ourselves and innovating while securing and maintaining customer loyalty and trust. Textile •Spandex PU •Nylon Polyester Fiber PU •Fabric·Dyeing PU Industrial Materials •Tire & Industrial Reinforcements PU •Technical Yarn PU •Global Safety Textiles •Interior PU •Aramid Business Division •Carbon Business Division Chemicals •PP/DH PU •Film PU •Packaging PU •Neochem PU •Optical Film PU •TPA PU Power & Industrial Systems •Power Systems PU •Industrial Machinery PU •HYOSUNG GOODSPRINGS PU •Wind Energy Business Division Construction •Construction PU •Hyosung EBARA Engineering PU •Chinhung International, Inc. Trading •Steel & Metal Products PUⅠ,Ⅱ •Chemical Products PU •LED Business Division •Hyosung Trans-World PU Information & Communication •Nautilus Hyosung PU •Hyosung Information Systems PU •Hyosung ITX Co., Ltd. •Galaxia Electronics Co., Ltd. •Galaxia Communications Co., Ltd. •Galaxia Device Co., Ltd. Financing & Other Affiliated Companies •Hyosung Capital PU •The Class Hyosung Co., Ltd. •Hyosung Toyota Corporation •The Premium Hyosung Co., Ltd. Textile Global Excellence H Y O S U N G Spandex PU Nylon Polyester Fiber PU Fabric·Dyeing PU From advanced functional yarn to eco-friendly yarn, Hyosung provides a wide range of products for a pleasant and comfortable life. Hyosung is a leading textile manufacturer, providing the largest number of world-class products in the Korean textile industry including, creora®, aerocool, and askin. Hyosung’s spandex brand creora® has been chosen by many internationally renowned manufacturers of lingerie, swimsuits, and hosiery. Hyosung produces and supplies a wide range of yarns and fabrics of Nylon and Polyester and dyeing-processed products as well. and ensures customer satisfaction. Hyosung is continuously developing and supplying innovative products to facilitate its customers’ businesses. It offers a wide range of differentiated products such as the eco-friendly yarn creora® Eco-soft whose fabric can be produced at a lower temperature than conventional spandex to save energy costs and reduce CO2 emissions, creora® Color + to be dyed when knitting with Nylon to create deeper colors and prevent grin through, creora® highcloTM having the highest level of chlorine resistance to offer excellent resistance in swimsuits, and black dope dyed spandex creroa® Black that brings out deeper and more sophisticated colors conventional spandex is unable to give. This is the very reason why global business leaders have consistently chosen creora® and the key to account for the largest share of the global market. creora Ⓡ ◆ creora Color+ ◆ creora Power fit ◆ creora SteamSet+ Ⓡ Global Production Line By establishing and expanding Spandex production lines in Turkey, China, Vietnam and Brazil, Hyosung is becoming more responsive to customer demand as well as enhancing product quality and production reliability. Recycle Fiber Hyosung developed and launched the world’s first recycled nylon yarn for clothes (using wasted fishing nets) and recycled polyester yarn (using discarded PET bottles) acquiring international certification. Eco-friendly Certificate Hyosung acquired Eco Mark from Control Union (Netherland) and Japan Environment Association (Japan) for its eco-friendly yarn that will help save energy cost, consume less petrochemical raw materials, and reduce CO2 emissions. Ⓡ Ⓡ ◆ creora Black ◆ creora highclo ◆ creora Soft fit Ⓡ Ⓡ TM Ⓡ ◆ creora Luminous ◆ creora Eco-soft ◆ creora Comfort Ⓡ Ⓡ Ⓡ Nylon Polyester Fiber PU Hyosung is a global chemical fiber manufacturer continuously developing multi-function, high quality Nylon and Polyester yarns to help customers create more value. Its products are strongly preferred by customers around the world. Spandex PU Nylon Fiber Business Division creora®, No. 1 in global market share, No. 1 spandex brand in the world. Korea’s best nylon fibers. Selected as “The World-class product of Korea” by the Korean government. Development of the world’s first fibers recycled from fishing net waste. Powered by its proprietary production technologies, R&D and worldwide marketing activities, Hyosung has grown to become the largest spandex manufacturer in the world whose premium spandex brand creora® is ranked No.1 in global market share. With its best quality and value, creora® is continuously developing new products that meet customers’ needs and create new prospects in the textile industry. creora® introduces its customers’ fabrics to major brands making the best use of the creora® Fabric Libraries in the major fashion cities including Seoul, Hong Kong, Shanghai, New York and Milano. creora® workshops are regularly held to provide consulting services including customized one-on-one consultation to help customers enhance their competitiveness. It is a part of the differentiated marketing activities under Hyosung’s win-win management whose goal is to grow with customers. Hyosung has built local production facilities in China (Jiaxing, Zhuhai, and Guangdong), Turkey, Vietnam, and Brazil to establish a production network that spans the continents. Having a solid platform for prompt service and stable supply, Hyosung provides the best service to customers. By providing the world’s best quality, first-class spandex creora® delivers higher value to customers Development of the world’s first microfibers. As the undisputed market leader in Korea, our company, particularly, our Nylon Fiber Business Division produces a wide variety of highly functional fibers that incorporate our 40-year history in the industry, including TOPLON, which is used to manufacture sophisticated lingerie, sportswear, and industrial materials, MIPAN fine & soft (micro fine-denier), MIPAN aqua-X(Cool-touch, wicking nylon), MIPAN XF (N/P compound yarn), MIPAN Rexy (flat-surfaced yarn with shiny, metallic luster), MIPAN corona (conductive yarn), MIPAN glurex (bonding yarn), MIPAN colorist (CD yarn), MIPAN robic (highly robust yarn), and MIPAN robic-air (hollow yarn). It also focuses on developing advanced material that helps its customers retain their business competitiveness. In particular, its “MIPAN regen,” which is recycled nylon used for apparel manufactured from fishing net waste, helps reduce the consumption of fossil fuel, preserves natural resources, and cuts down energy consumption and greenhouse gases. This product was recognized by GRS (Global Recycled Standard) of CONTROL UNION, Netherlands for its many ecological benefits. 28 + 29 Global Excellence H Y O S U N G ◆ MIPAN regen ◆ MIPAN robic-air ◆ MIPAN glurex ◆ MIPAN FIT ◆ MIPAN fine & soft ◆ MIPAN rexy ◆ MIPAN XF ◆ MIPAN robic ◆ MIPAN colorist ◆ MIPAN Aqua-X Polyester Fiber Business Division It has developed “RegenTM,” Korea’s first yarn recycled from PET bottles. M2, Aerocool, and Askin have been selected as the world’s best products. Its Polyester Fiber Business Division develops and supplies a wide variety of new materials required for the development of hi-tech functional products that exceed the limits of the current lifestyle with its unparalleled technologies as clearly shown by the highly functional products. Enhancing the quality of life and creating new demands, the business division’s differentiated products include the following: M2, which was recognized by the government of Korea as one of the world’s best products (microfiber combining the high functionality of polyester and emotional value of natural fiber); Aerocool (functional yarn that quickly absorbs liquids and dries fast); Askin (cool-feeling, UV-blocking, and non-see-through yarn); Techway (superb wicking ability with soft touch), Aerosilver with silver elements that prevent germs and odor (antibacterial yarn); Aerowarm that controls humidity in clothing with sweat-absorbing, quick-drying functions (light warm yarn); Aerocool Prizma that combines Aerocool with excellent dyeing function and color fastness (dyed colorfast yarn); Firex, which has been successfully tested by advanced countries for its fire retardant function (fireretardant yarn), and; Xanadu, which is highly elastic with stable shape and durability (latent and potential crimped yarn). In particular, the business division made special efforts to develop ecological fiber materials and launched “Regen™,” a recycled polyester yarn made from waste PET bottles for the first time in Korea. Regen has been GRS-certified by Control Union, an environmental certification organization, as well as JEA-certified in Japan. It has also earned an Eco-Mark. ◆ Regen ◆ Techway ◆ Prizma ◆ M2 ◆ Askin ◆ Aerosilver ◆ Firex ◆ Cotna ◆ Aerocool ◆ Aerowarm ◆ Xanadu ◆ Aerogear Fabric·Dyeing PU Fabric Unit Provides multiple fabrics including functional and protective wear, and cleaners. “Finestar®” — representing cleaner products using microfiber. Hyosung’s Fabric Unit boasts of an integrated production system that covers yarn production, fabric weaving, dyeing, and post-processing and focuses on developing highly functional and hi-tech products for customers. The unit’s main products include garment fabric, workwear fabric, and non-garment fabric. Garment fabrics include waterproof and water-permeable, ultralight, sweat-absorbing and fast-drying, ecological, cooling, light and thermal, elastic tricoat, and fire-retardant materials. Workwear fabric includes highly durable and functional worksuits that are often subjected to industrial washing process, fire-retardant products such as aramid and modacrylic, highly durable surgical suits and drapes, dust-free garments worn in clean rooms, highly robust nylon, and protective wear and military fabrics made of para-aramid. Fabrics for non-apparel products include “Finestar®,” a comprehensive cleaner lineup using microfiber. The unit manufactures and sells lens and display cleaners, clean room wipers for semiconductor and other electronics manufacturing, and domestic cleaners. In addition, its highly robust fabrics for bags incorporating “Robic™” and highly durable and protective case fabrics incorporating “Hyskin™” are important components of its development and supply activities. ◆ Garment fabric ◆ Workwear fabric ◆ Non-Garment fabric Dyeing Unit Monthly capacity of 700K yards of nylon 2-Way spandex and 2.5 million yards of dyeing. Hyosung’s Dyeing Unit leads the Korean dyeing and processing industry and has the best integrated dyeing plant in Korea, which dyes 2.5 million yards of fabrics annually. In particular it can also process 700K yards of nylon 2-Way spandex monthly, which is a highly difficult process. In addition to its dyeing process for nylon 2-Way spandex, polyester 2-Way spandex, cotton union cloth, and polyester fabrics, it provides a variety of additional processing steps including buffing, sanforizing, and singeing. ◆ Spandex fabric ◆ Mixed fabric ◆ Polyester fabric 30 + 31 Industrial Materials Global Excellence H Y O S U N G Tire & Industrial Reinforcements PU Technical Yarn PU Global Safety Textiles (GST) Interior PU Aramid Business Division Carbon Business Division To meet customers’ needs, Hyosung’s R&D ceaselessly discovers next-generation materials. Industrial Materials PG produces industrial yarn used in all fields, including automobile manufacture, civil construction, agriculture, and sports. It is leading the global market with its comprehensive lineup of No.1 products – tire cords, automotive seatbelt yarns, and airbag fabric. To meet its customers’ diverse needs, it is mass-producing high-strength industrial yarns, fabrics, and reinforcements including polyester, nylon 66, PEN, aramid, and carbon fiber. It is also developing new fibers including polyketone. prominent tire manufacturer in Japan, Hyosung established plants in China and Thailand that signify its growing stature in the global steel cord industry. The bead wire sector supplies more than 90,000 T/Y of products around the world and develops lighter yet stronger products contributing greatly to making tires lighter and more fuel-efficient. Using its expertise in manufacturing steel cords and bead wires, Hyosung provides saw wires required in the production process of wafers for semiconductors and solar cells significantly contributing to the growth of the green and IT industries. ◆ Fabric tire cord ◆ Steel cord ◆ Bead wire ◆ Saw wire Technical Yarn PU No.1 market share of seatbelt yarn globally. Only One Maker Hyosung is the world's only manufacturer operating an integrated supply system for tire reinforcement materials, producing and providing core materials such as fiber tire cords, steel cords, bead wires and chafers. Local Production System Having established local production systems around the world, including China, Thailand, Vietnam, US, Brazil and Luxemburg, Hyosung provides more stable products and prompt services. Extreme Strength Hyosung has successfully developed and commercialized the "stronger-than-steel dream fiber” aramid and carbon fiber, a cutting edge material having only one-fourth the density but 10 times the strength of steel. Tire & Industrial Reinforcements PU No.1 market share of polyester tire cords globally. Supplies 40% of the world’s passenger car tires. The Tire & Industrial Reinforcements PU is the world’s only tire reinforcement manufacturer that supplies the complete range of tire reinforcements covering tire cords made of polyester and nylon as well as steel cords and bead wires. In particular, Hyosung’s polyester tire cords represent the largest market share in the world. By long-term supply agreement with Michelin (2002) and Goodyear (2006), it gained global tire manufacturer’s recognition for its excellence in quality and seized an opportunity for its stable growth through long-term supply agreements. Moreover, it has established local production sites in many countries including China, Vietnam, the US, Brazil, and Luxembourg in addition to the Ulsan Plant in Korea to ensure stable product supply and prompt services to customers around the world. With its advanced technologies and reliable quality in steel cords, Hyosung signed a long-term supply agreement with Michelin (2005) and Goodyear (2011) successfully building a stable sales platform. In addition to the Eonyang Plant, Hyosung launched overseas production facilities in China (Qingdao and Nanjing), Vietnam, the US, and Luxembourg consolidating its position as a global tire reinforcement manufacturer. Partnering with Sumitomo, a No.1 market share of technical yarn in Korea. Enjoying the biggest share in the world’s automotive seatbelt yarn market, the Technical Yarn PU supplies a variety of optimized yarns used in various industrial fields such as broad woven coated fabrics for roofing and tarpaulin, automotive seatbelts and power transmission belts, industrial conveyor belts, straps, and threads for sewing machines. The unit also developed Korea’s first automotive airbag yarns made of nylon 66, which has a high market growth potential, supplying them to the world’s major airbag fabric makers. In an effort to provide its customers with new value propositions and growth engines, it is developing and launching new products including the Super High-Tenacity Yarn (10.5g/d) and Super Low-Shrinkage Yarn (shrinkage 1.3%), both of which are high-value-added products made of PET. It has a local warehouse in Cherryville, USA as well as yarn manufacturing plants in China and Vietnam. It is also expanding its local sales and supply structure to meet its customers’ needs throughout the world as well as provide proactive and differentiated services. ◆ PET yarn for broad woven coated fabric (banners, outdoor signboards, and truck covers) ◆ PET yarn for seat belts ◆ PET yarn for conveyor belts, rubber hoses, power transmission belts ◆ PET yarn for sling belt and strap ◆ NY 66 and PET yarn for airbag ◆ NY 66 and PET yarn for sewing thread Global Safety Textiles (GST) No.1 market share of airbag fabric globally. Global Safety Textiles (GST) produces flat fabrics, cushions as well as OPW (One-Piece Woven) products that protect passengers from side impacts and rollovers. It is the world’s largest airbag fabric maker and ranks No. 1 in global market share. The unit boasts a market share of over 30% in the European fabric market and 36% in the North American OPW market through close collaboration and bulk transactions with top-tier module makers such Autoliv, TRW, KSS, and Takata. 32 + 33 Global Excellence H Y O S U N G The unit delivers the world’s best quality because of its technical advantage in hi-tech weaving and cutting processes, and patents in the OPW process. In addition, the unit has the total value chain of airbag and cushion manufacturing--warping, weaving, coating, cutting, sewing, and folding processes, and is able to meet customers’ needs with a solid lineup of products. With its head office and R&D center in Maulburg, Germany, GST has 12 production plant in Germany, Romania, Poland, Czech Republic, USA, Mexico, China, South Africa. In addition, GST Germany and USA also have R&D centers in order to develop high value-added products constantly. Through this efficient global network and R&D activities, GST is able to maximize customer satisfaction. The product enjoys an ever-increasing demand as an effective alternative to the asbestos used to manufacture auto brake pads and linings amid environmental concerns and awareness of the importance of safety. To meet to such increase in demand, the division plans to increase its production capacity to 5,000 T/Y by 2015. Aramid Business Division is committed to satisfying the needs of its customers with a wide range of products (High tenacity yarn, High modulus yarn, and Staple fiber) as well as differentiated products (Fine denier yarn, Adhesion activated yarn and Hybrid yarn) based on Hyosung’s 40 or more years of knowhow and technology in synthetic fiber manufacturing. ◆ Airbag flat fabric & Cushion ALKEXⓇ ◆ Airbag OPW (One-piece woven) Interior PU No.1 market share in the Korean roll & tile carpet market. Korea’s only carpet maker with independent production facilities from yarn to finished products. Consolidating its leading position in the commercial and automotive carpet market, Interior PU is Korea’s largest and only commercial and automotive carpet maker with independent production facilities from yarn to finished products. In particular, its major product, “Swan Tile Carpet,” leads the commercial carpet market with its unique quality excellence, which has been verified by the environmental mark certification and KS certification in the field of tile carpets where strict quality control is required. Furthermore, the unit produces many kinds of carpet yarns as well as automotive carpets and “Swan Mats” made of highly durable nylon yarn as part of the diverse lineup to meet customer needs in a systematic and convenient manner. Thanks to its consistent product development efforts, the unit developed the Korea’s first highly contaminant-resistant, durable nylon square hollow yarn, which is a solid foundation for supplying differentiated products that are ISO 9001-, ISO 14001-, and ISO/TS 16949-certified based on its seamless quality control system. Upon such high quality products, Hyosung has been able to expand its business beyond Korea to overseas carpet markets in Japan and Australia, and also successfully entered the US automotive carpet market. ◆ Automotive carpets (Floor Carpet, Floor Mat ) ◆ BCF yarn (Nylon BCF, PP BCF, PET BCF) ◆ Commercial carpets (Swan Roll Carpets, Swan Tile Carpets, and Swan Mats) Aramid Business Division With its successful commercialization of Aramid fibers, the business division is recognized as a “solution provider.” Developed by Hyosung with its proprietary technologies, ‘A stronger-than-steel dream fiber ALKEX® (Hyosung’s Aramid Brand)’ helps customers grow their business and enhance their competitiveness. Boasting five times the strength of steel and fire-retardant quality without the use of a flame retardant, ALKEX® is used as the core material for bulletproof vests, helmets, and vehicles and for optical cables, hoses, and belts (for automobiles and industrial purposes) among other industrial applications. ◆ Bulletproof helmets ◆ MRG (hose and belt reinforcement and tire reinforcement) ◆ Staple (protective clothing and gloves) ◆ Optical cables and ropes ◆ Civil construction reinforcements ◆ Composite Carbon Business Division The first commercial manufacturer of “High performance” grade carbon fibers in Korea. Carbon fiber is getting more attention as a core material for weight reduction to save energy due to its extraordinary properties. Consisting of more than 92% of carbon element, carbon fiber is 10 times stronger than steel while its density is only a quarter of steel. The application for carbon includes aerospace, industrial and sports/leisure goods. High performance carbon fiber, TANSOME, includes “High strength” grade carbon fiber (tensile strength of 4.9 GPa and tensile modulus of 250 GPa) and “Intermediate modulus” grade (tensile strength of 5.5 Gpa and tensile modulus 290 GPa). These fiber types accounted for over 70% of the total worldwide market demand in 2012. To satisfy the 10% annual growth in demand for carbon fiber, Hyosung will be increasing the annual production capacity of carbon fiber for both High strength and Intermediate modulus by an additional 2,000 MT at the start of 2013 along with the corresponding precursor expansions. Hyosung plans to become one of the top players in carbon fiber production business by 2020. Building on its own successful technology for both carbon fiber and PAN precursor, continuous investment in R&D will enable intensified work on the introduction of new carbon fiber products to meet market need. TANSOMEⓇ ◆ Industrial applications: automotive parts, wind blades, pressure vessels, construction ◆ Sports/leisure applications: golf shaft, fishing rods, rackets, premium bikes, marines ◆ Aerospace applications: primary/secondary structures, interiors, brake discs 34 + 35 Chemicals Global Excellence H Y O S U N G PP/DH PU Film PU Packaging PU TPA PU Neochem PU Optical Film PU Film PU Independent manufacturing system from polymerization of raw materials to production. Our technical competence makes us a world-class, Korea’s largest supplier of nylon films. comprehensive chemicals manufacturer in the global market. Enhance the foundation for growth in polyester film by entering into electronic materials and high value-added films. The Chemicals Performance Group commands Korea’s #1 market share in various chemicals businesses, including TPA exported to Asia, Europe, and Middle East as well as chemical products such as PP, films, Fluorine gas, and PET bottles. High purity propylene By supplying itself with propylene, the main material for polypropylene production, from the propane dehydrogenation (DH) process, Hyosung has successfully secured a stable supply of high-purity propylene, covering the entire production processes ranging from raw materials to the finished products. Hi-tech Film Hyosung is increasing its market share in high-tech film, having entered the high-quality optical/electronic materials market at an early stage through top-class competiveness and constant capacity expansion. Film Market Expansion Hyosung is enhancing its operational efficiency by improving productivity and adding more lines to TAC film manufacturing facilities. By promoting TAC coating and PET coating businesses, it is expanding its business to the BLU Film market. PP/DH PU Internationally competitive polypropylene resin “TOPILENE®.” Global No.1 – PP-R pipe grade. “TOPILENE®” is manufactured and sold by Hyosung; it represents PP, which is the most widely used among the five major general-use resins. TOPILENE® is manufactured through Japan’s MITSUI CHEMICAL HYPOL process and US’s DOW UNIPOL process. TOPILENE® has gained recognition for its high quality in a range of products for special purposes as well as general-use. The random copolymer products for pipes are exported widely as one of the world’s best products. To secure a stable supply of the main material for polypropylene production, Hyosung supplies itself with high-purity propylene from the propane dehydrogenation (DH) process where it has adapted cutting edge technology methods. From raw materials to the finished products, it has successfully established vertical integration of its supply chain. ◆ PP (Polypropylene) The Film PU began producing nylon films in 1996 and polyester films in 1997 based on domestic know-how and world-class expertise in nylon and polyester fiber business. The unit is independently developing nylon and polyester copolymers, which are materials for film products. In 2004, the unit set up a nylon film plant based on uni-axially drawn film production that delivers the largest capacity in Korea. In addition, the unit has set up optical and industrial polyester film production facilities in its Yongyeon Plant in Ulsan, and has already started mass production and sales. The unit’s efforts and research resulted in ISO 9001 certification in 2000 and ISO 14001 certification in 2004, ensuring that the unit has the biggest market share in the Korean nylon film market through excellent quality and stable supply. The unit’s polyester film sector produces a variety of industrial films including optical films used for FPD LCD production, solar cell films, motor insulator films, and processing to secure competitive edge in the electronic film industry. ◆ Nylon film (General packaging, Medicine /retort packaging, Higher adhesive strength, Secondary cells) ◆ Polyester film (Packaging, Optics, and Industrial) Packaging PU Since beginning Korea’s first production of PET bottles in 1979, Hyosung has led the market continuously. Hyosung also introduced “Aseptic” a sterilized filling system for drinks. As a developer and manufacture of Korea’s first PET bottles, Hyosung supplies PET bottles for juices, sports drinks, teas, and soft drinks to major drink companies as well as exports them to Japan. With a vision of being recognized as a supplier of the best-quality packaging solutions and services and being recognized for it, the company is consistently engaged in R&D efforts to create the best value possible. It has acquired quality authorizations from the FDA as well as Coca-Cola and Pepsi. For the first time in Korea, the unit developed multi-layer PET beer bottles and has supplied them to Hite Beer since 2003. In 2007, the unit became the first to adopt a sterilized filling system in Korea; it began operating Aseptic, the sterilized filling system for cereal drinks, milk coffee, and milk drinks whose low acidity shortens their shelf life. As a way to promote to customers the innovative sterilized filling system for drinks, the unit developed the brand Asepsys, which has helped the unit lead the market and render sophistication to the OEM business for drink filling. 36 + 37 Global Excellence H Y O S U N G In addition, the unit has set up a comprehensive production structure ranging from the PET materials to finished goods for high quality. The unit also has a production and sales network in Daejeon, Jincheon, Yangsan, and Gwanghyewon to respond quickly to customers’ needs. ◆ Heat-resistant bottle ◆ Pressure-resistant bottle ◆ Multi-layer bottle ◆ Heat & pressure-resistant bottle ◆ PET bottle ◆ Aseptic filling system (Sterilized filling system) branded “Asepsys” TPA PU The unit produces the highest-quality, purified TPA with advanced chemical technologies and experience. The TPA PU produces and sells 420K M/T of high-purity TPA as an element of highly functional polyester textile, tire cords, PET bottles, polyester films, and other industrial and materials for daily use. Based on its chemical expertise and experience, Hyosung produces the highest-quality and stable TPA through advanced methods and equipment that enhances the competitiveness of polyester-related manufacturers throughout Asia and Europe. ◆ TPA (Purified Terephthalic Acid) Neochem PU Producer of NF3 which are used to manufacture semiconductors, LCD, and solar products and other advanced products. Having developed and produced Nitrogen Trifluoride (NF3 gas), the Neochem PU has realized on-spec product manufacturing and sales within the shortest time possible by using Hyosung’s know-how and technical competence as well as advanced facilities to satisfy customers’ stringent requirements and shorten the quality approval process. The unit has consistently expanded production lines to keep pace with the growth of the semiconductor and LCD markets to ensure stable supply chain. The unit has promoted production of a variety of products as a special gas professional. ◆ NF3 (Nitrogen Trifluoride) Optical Film PU Independent development and production of TAC films for polarizing plates. Present capacity of 50 million m2 a year, 110 million m2 a year after completion of the 2nd TAC Plant. Hyosung is producing TAC (Tri-acetyl cellulose) that protects the PVA polarizing films used within the LCD polarizing plates for TV sets, monitors, laptops, and cell phones using independently developed technology. In 2009, the Optical Film PU set up a TAC film factory for LCDs in Ulsan. It takes pride in being the only Korean company with annual capacity of 50 million m2 of TAC films. In 2013, annual capacity will be expanded to 110 million m2 by completing construction of 2nd TAC production line in Oksan. ◆ TAC Films 38 + 39 Power & Industrial Systems Global Excellence H Y O S U N G Power Systems PU Industrial Machinery PU HYOSUNG GOODSPRINGS PU Wind Energy Business Division We have the world’s best technologies in the field of heavy electric equipment, the core of industrial energy. With its world-class technologies in charging devices, the heart of industrial power, Hyosung Power & Industrial Systems exports products to the Americas, Central Asia and Europe. It competes with global leaders in business areas such as motors, reducers and industrial pumps as well as power systems, including transformers, circuit breakers, and electric/ electronic sub-assemblies. Grid business areas. Power Systems PU will continue to ensure customer satisfaction by maintaining the highest standards in its products and services. Through constant Innovation in sales and management, Power Systems PU will continue to enhance its competitiveness in local and overseas markets. ◆ UHV transformers ◆ UHV circuit breakers (GIS, GCB) ◆ Oil-immersed distribution transformers ◆ Molded distribution transformers ◆ Cast resin transformers ◆ Electric/electronic sub-assemblies ◆ Solutions (Engineering & Services) ◆ Preventive diagnostic system Industrial Machinery PU Korea’s No.1 electric motor manufacturer. System engineering business through a wide range of industrial lineups. Energy Solution Provider In addition to the power transmission and transformation facilities business, Hyosung is focusing on and expanding the IT-based power automation business (such as power monitoring and control systems and preventive diagnosis system) and the smart grid business. Green Energy Technology Hyosung is a leading green technology provider that provides high efficiency motors as well as power systems for the new, environmentally-friendly energy production systems, including wind power turbines and charging systems for alternative energy. Offshore wind power By undertaking a government-sponsored project to develop a 5MW offshore wind turbine, Hyosung Wind Energy Business Division is perfectly positioned to enter the lucrative offshore wind power market. Power Systems PU Supplier of 70% of the core products required in power supply in Korea. Korea’s first, world’s 6th in developing 765kV-class ultra-high voltage transformers in 1992. World’s first developer of 800kV-class double-break gas-insulated switchgear (GIS) in 1999. Hyosung has been leading the power transmission and transformation facilities industry in Korea for the past 50 years with its main products of transformers, circuit breakers and electric/electronic sub-assemblies. Based on years of know-how in the local market, it has successfully expanded its business to markets across Europe, the Americas, and Central and East Asia, gaining recognition for its high standards of quality and safety. With its industry-leading technologies in power transmission and transformation, The Power Systems Performance Unit offers a range of key products including transformers, circuit breakers, and electric/electronic sub-assemblies and provides comprehensive engineering and solutions based on its know-how in power systems, i.e., engineering, design, manufacturing, installation, and testing, and maintenance service in power transmission, distribution and generation. To provide the best quality and service, Hyosung implements quality assurance policies and meets the ISO 9001 requirements. Hyosung is reinforcing its power monitoring and control system and preventive diagnosis system among other power and IT-based power automation and Smart The Industrial Machinery Performance Unit is a professional manufacturer of electric motors, generators-rotational and chemical, gears, cranes, and alternative energy charging systems. It provides optimized, comprehensive solutions to meet the diverse and extensive requirements of its customers, ensure consistent product innovations, and enhance its reliability and efficiency, leading to record cost reductions. In the electric motor sector, it manufactures 40 thousand units of electric motors meeting KS, IEC, NEMA, and GOST standards such as high-voltage, mega-sized motors, electric car motors, towing motors, super-premium efficient motors, military motors, next-generation explosion-proof motors, and permanent magnet motors, which are optimized for various purposes and users. As far as generators are concerned, it provides high-speed industrial generation equipment, vessel generators, and wind power generators for the next-generation renewable energy source.It also manufactures general industrial gears, oil rig elevator gears, pulverizer gears, and wind generator gears that must be highly reliable. In the industrial machinery field, it exports towers (columns), reactors, pressurized containers, heat exchangers, and other chemical equipment that are used in petrochemical, oil, and gas plant processes as well as cranes for high-load, shipbuilding, and ports, all of which are recognized for their technical excellence and quality. It always values its customers’ visions and strictly adheres to applicable international and industrial standards. Hyosung’s high-quality products are widely used in steel & metal products, petrochemical, cement, wind generation, hydroelectric power generation, thermal generation, ocean power generation, shipbuilding, mining, and defense industries. ◆ Motors ◆ Gear units ◆ Generators and gearboxes for wind turbine system ◆ Chemical process equipment ◆ Electric vehicle charging system and EV motors ◆ Alternative refueling system ◆ Generators ◆ Crane ◆ Energy solution 40 + 41 Global Excellence H Y O S U N G HYOSUNG GOODSPRINGS (HGS) PU Proudly Being Korea’s No.1 Pump Manufacturer. Korea’s No.1 RO Desalination System Solution Provider. As Korea’s largest pump maker and seawater desalination plant equipment supplier, HYOSUNG GOODSPRINGS (HGS) meets and exceeds customers’ expectations with world-class technologies as well as the best services. HGS’ pumps are widely used for thermal and combined cycle power plants, nuclear plants, petrochemical plants processing petroleum, chemicals and gases, ships, commercial & industrial buildings and desalination plants. Having developed new pump technologies and products independently, HGS supplies high-pressure, largesized pumps and safety injection pumps for power plants as well as a full series of API type pumps and highpressure pumps for desalination plants. Its continued R&D efforts and quality control have enabled us to become Korea’s first KEPIC-certified company; thus showing its ability to manufacture safe pumps for nuclear power plants. Its “N” and “NPT” certifications from ASME, an international certification agency in the field of nuclear generation, prove its reliability in terms of quality and safety. In the desalination field, the unit developed the Containerized RO System that it is exporting to overseas plants in Chile. Selected by the government to take charge of renewable desalination plant development, which is part of the Smart Project for a new growth engine, it has successfully completed the project. HGS’ continued technical development has greatly contributed to import substitution efforts, adding momentum to its expansion into overseas markets. Throughout the process--from placement of orders, design, manufacture, and after-sales service, the company provides the best possible solutions that customers can count on. HGS is a professional pump maker and seawater desalination equipment supplier characterized by continued innovation and customer satisfaction. ◆ Pumps for power plants ◆ Pumps for building & plants ◆ Pumps for RO plant ◆ Construction and provision of RO plant ◆ Pumps for petrochemical & refinery plants ◆ Pumps for industrial uses ◆ Pumps for marine & offshore Wind Energy Business Division Korea’s first developer of 750kW and 2MW-class wind power generation systems. Developer of 5MW-class marine wind power system for government-funded projects. As a leader of Korea’s wind power industry, the Wind Energy Business Division succeeded in the development and commercialization of the geared-type 750kW wind power turbine. For the first time in Korea, the group was internationally certified by DEWI-OCC, the German wind power generator certifier, for the 750kW and 2MW-class geared-type wind generation systems. The group began selling its commercialized 2MW model - a key product in 2011, and installed about 15MW facilities. It is currently supplying turbines to Pyeongchang, Gangwon province. In addition, the group is developing a 5MW offshore wind turbine that is expected to enhance Korea’s national competitiveness in wind power generation equipment development by being part of the government’s 2.5GW offshore wind project along the south and west coasts. ◆ Wind turbine (750kW / 2MW) 42 + 43 Construction Global Excellence H Y O S U N G Construction PU Hyosung EBARA Engineering PU Chinhung International, Inc. Our creative spatial design Hyosung EBARA Engineering PU delivers the highest standards of comfort and value. Korea’s only environmental engineering professional. It is participating in a variety of fields in the construction industry covering residential development, redevelopment & Hyosung EBARA Engineering is Korea’s only environmental engineering professional that designs, constructs, and commissions ecological water, air, and waste treatment systems. Hyosung EBARA Engineering offers a range of specialized technologies including fluidized incinerators developed through a partnership with EBARA, Japan’s leading environmental technology provider. New technologies for sewage and wastewater treatment include HUB-N Ⅲ Process (an advanced waste water treatment that significantly reduces energy cost) and new environmental technologies such as a submerged hollow fiber membrane for high-flux, energy-saving water purification. Hyosung EBARA Engineering is taking the initiative in building economic, efficient and environmentally friendly industrial plants. New businesses include biogasification, CO2 emission control facility, and CDM business among other environmental businesses and expanding its business scope in overseas markets in Southeast Asia and the Middle East. Leading environmental technologies. reconstruction, business & commercial facility development, civil & environmental engineering and SOC. It is managing its business ecologically to ensure the coexistence of humans and nature through consistent commitments to R&D and investments in water treatment, waste disposal, and air pollution prevention facilities. Green Smart Construction By providing advanced pre-/after-sales services and developing more eco-friendly materials, Hyosung is committed to securing its core competence in developing green, smart building technologies. Sewage sludge gasification system Hyosung converts materials obtained from the gasification of sewage sludge into clean fuels and uses chemicals as raw materials for synthesis and development of purification techniques. Eco-friendly low-carbon concrete Hyosung is developing a ternary system composite by mixing cement with blast furnace slag (a byproduct from steelworks) and fly ash (a byproduct from thermal power plants) to reduce the consumption of the raw material--cement. Construction PU Korea’s first company to introduce villa-type residence. The first to introduce exterior wall insulation and finishing. As the first company to introduce villa-type residential buildings in Korea in the 1970s, the unit satisfies its customers’ needs for the latest in technology and construction techniques and ensure the highest standards of construction in residential, construction and industrial sectors. It is creating space where nature and technology are in harmony while strictly following all applicable regulations and requirements for sustainable coexistence of the environment and technology. Hyosung Construction PU’s representative brand “Harrington” has presented a combined BI with Chinhung International, Inc.(an affiliated company) since 2013. ◆ Housing (Apartments / Villas / Townhouses, Reconstruction / Redevelopment / Remodeling) ◆ Building (Business / Commercial facility / Leisure facility development) ◆ Industrial (Civil / Power facility and plant facility development) ◆ Civil and environment field (Advanced Water Purification, Sewage treatment, Wastewater and sewage treatment) ◆ Resources recirculation (Disposal of waste matter, Resource recovery from waste) ◆ New business field (Bio-gas recovery, Equipment for reducing carbon dioxide emissions, CDM) ◆ Industrial plant Chinhung International, Inc. Becoming the most reliable construction company on the strength of 50 years of know-how in building and construction. A comprehensive construction company focusing on civil engineering, construction, residential development, and plant engineering. Chinhung International participated in development projects in Saudi Arabia, Kuwait, and Guam in the 1970s and won the Steel Tower Industrial Medal and the Construction Tower Award in recognition of its 1 billion dollars’ export revenues. The company has been part of various civil engineering projects for building national infrastructure such as roads and bridges as well as construction projects that bring life to urban areas and residential development that enhances the quality of life. With its specialized residential products, Chinhung International is providing the best residential conditions for customers. As the leader in changing the construction industry’s culture, it has selected “Quality Management” and “Environmental Management” as its business slogans. ◆ Civil engineering business (Roads and pavement / Subways and railways / Bridges and tunnels / Security facilities for site organization) ◆ Housing business (Apartments / Mixed-used development / Villas) ◆ Construction business (Buildings for commercial use / Offices / Apartment houses, Education / Welfare facilities / Facilities for special purposes) ◆ Plant business (Facilities for industrial use / Environmental purpose) 44 + 45 Trading Global Excellence H Y O S U N G Steel & Metal Products PU Ⅰ,Ⅱ Chemical Products PU LED Business Division Hyosung Trans-world PU Our global network helps us provide greater value for our customers located in all parts of the world. Its Trading Performance Group connects corporations and consumers through its distribution and logistics business, which is centered on the steel and metal products and chemicals fields. With a global network of information from 50 countries, including the US, China, and Southeast Asia, Europe, and South America, the group provides the best marketing services on the international market. advanced chemicals trading company providing services that truly satisfy customers’ needs and offer unique services on possible with a timely supply structure. Hyosung’s global network helps the unit diversify exporting channels, contribute to the realization of customer profit, and develop the company’s health food business into a total health care business. ◆ Terephthalic acid, Caprolactam, Fertilizers, PET chip, Polyester staple fiber, Polypropylene, Polyethylene, Polystyrene, Expandable polystyrene, Engineering plastics, Sodium cyanide, Purified isophthalic acid, Pharmaceuticals, Methylene di-para-phenylene Isocyanate(MDI), Polytetra-methylene ether glycol, Plasticizers, Fine chemicals, Healthy functional food, etc. LED Business Division Next Generation, New Growth Engine: Industry-leading LED Business Division improves customer value and 2.5 billion dollars By pioneering new markets in Central and South America, Africa, the Commonwealth of Independent States (CIS) and facilitating transactions between three continents, Hyosung has diversified its trading structure and achieved a trade volume of 2.5 billion dollars. Advantage of LED As a new driving force for growth, the LED lighting industry contributes to economic expansion and job creation while saving energy use and reducing CO2 and hazardous emissions. ESCO (Energy Service Company) Hyosung provides ESCO services that replace conventional lamps (such as fluorescent, incandescent and halogen lamps) with eco-friendly high-efficiency LED lamps and pay back the investment cost by saving energy consumption after the replacement. provides energy efficient solutions using LED lighting. With more than 10 years of LED business know-how and technical skills, the LED Business Division provides differentiated services and value-added products by exporting LED lighting, LED chips, LED packages and LED modules to the world. LED Business Division also meets global needs for energy-saving and eco-friendly concerns with energy efficient LED lighting. Hyosung Trans-World PU Steel & Metal Products PU Ⅰ,Ⅱ Leading the steel & metal products trading field by reinforcing export and import partnerships with global customers. As the exporter of the products manufactured by major Korean steel & metal makers including POSCO, Hyundai Steel, POSCO Specialty Steel, Hyundai Hysco, Dongbu Steel, Seah Steel, Seah Besteel, Union Steel, and Dongkuk Steel, the Steel & Metal Products PU is cementing its export and import partnerships with customers worldwide with services provided by steel & metal professionals and enhancing mutual profitability and prosperity. Steel & MetalⅠ ◆ Hot-rolled coils, Wire cods, Cold-rolled coils, Galvanized steel coils, Steel plate, Electrical steel, Tin plate, PPGI, Steel raw and subsidiary material, Steel processing machinery / Equipment, etc. Steel & MetalⅡ ◆ Stainless hot-rolled coils, Stainless cold-rolled coils, Stainless wire rods, Steel Plate, Bar steel, Section shaped steel Chemical Products PU Global network for market development and dealing a wide range of products. Exporting chemical products ranging from basic to precision chemicals, the Chemical Products PU is an Reducing customers’ logistics costs and enhancing productivity. With 30 years’ experience in integrated logistics services for container cargo, bulk, plant equipment and materials, and project cargos, Hyosung Trans-World is able to reduce customers’ logistics costs and boost productivity. Its business management and services allow it to respond effectively to the changing needs of today’s customers. To ensure the highest standards of logistics services, it has invested heavily in storage, land transportation, and marine transportation businesses. ◆ Export & import of containers, Bulk, Plant materials, Project transportation 46 + 47 Information & Communication Global Excellence H Y O S U N G Nautilus Hyosung PU Hyosung Information System PU Hyosung ITX Co., Ltd. Galaxia Electronics Co., Ltd. Galaxia Communications Co., Ltd. Galaxia Device Co., Ltd. Hyosung Information Systems PU From automated financial devices to IT services, Supplied storage systems and solutions to over 700 companies. Supported the successful business of customers by setting up an efficient computing environment. we lead the world of advanced IT system technology. Having led Korea’s IT infrastructure and financial service automation, its Information & Communications Performance Group is providing automated financial devices, mid- and large-sized data storage systems, software solutions, and IT services in today’s information age. Financial Automation Based on its advanced technologies, Hyosung is consolidating its position as a global leader across financial automation sectors, including development, manufacturing, maintenance, financial VAN and outsourcing services. Total Storage Solution By providing a comprehensive storage solution that meets customers’ needs, Hyosung is becoming Korea's leading provider of storage solutions. NGCN solution Based on its advanced technologies compatible with various international/local standards (including 3GPP, 3GPP2 and KWISF), Galaxia Communications will take the lead in the NGCN (Next Generation Convergence Network) environment such as Wibro and DMB as well as mobile networks. Hyosung Information Systems (HIS) is a total storage solution provider that supplies storage systems and various solutions to over 700 companies in Korea including the financial industry, manufacturers, public and telecommunications companies, and SI companies. The company’s goal is to establish an efficient computing environment to support customers’ success in business. Toward that end, the unit has the industry’s best lineup (VSP, HUS, H-NAS, HCP, etc.) and global service network connected to the US, Japan, and Australia to provide storage and related solutions and differentiated technical support systems through professional consulting and services. ◆ VSP (Enterprise storage solutions) ◆ HUS (Mid-range storage solutions) ◆ HNAS/GNAS-Plus ◆ HCS (Storage resource management solutions) ◆ HECM (Integrated document management solutions) ◆ Disaster recovery (DR) solutions ◆ Consulting services ◆ Data backup and archiving solutions : - HCP (Digital contents storage solutions) - H-VTL (Virtual tape backup solutions) - HDPS (Data backup solutions) Hyosung ITX Co., Ltd. No.1 total business solution provider. Nautilus Hyosung PU Contact center business and CDN business as well as display solution business. Korea’s ATM market leader, Exporting to over 30 countries. A 70% share of the US non-financial ATM market. Established in 1979, Nautilus Hyosung is a global financial IT leader providing convenient and reliable automated financial service solutions that boost competitive power and profitability. Having established Korea’s first computer factory in 1980 and Korea’s largest automated financial device lab in 1983, the company has contributed to the progress of the financial industry with its solutions and advanced automated financial service systems. Nautilus Hyosung has been No.1 in the Korean ATM market, leading all areas of the automated financial industry including development, manufacture, maintenance, financial VAN, and outsourcing service. The company began exporting products in 1998, and now exports to over 30 countries. It has captured the biggest share of the retail ATM market in the US. ◆ New Branch Solution ◆ Cash dispenser printers (CDP) ◆ Circulating automatic coin and note dispensers ◆ MoniManager (ATM total management system (ATMS)) ◆ MyCashZone ◆ Electronic financial center ◆ Automated teller machines (ATM) ◆ Automated bill payers ◆ Kiosks ◆ ATM total outsourcing ◆ SmileEDI Hyosung ITX Co., Ltd. delivers IT Service Business technology and Network Infrastructure, the contact center BPO, the contact channel between businesses and display solution business. Based on the accumulated technology and human resources, IT Service Division launched cloud services in 2012 in addition to expanding CDN Business. It also filed a patent related to cloud computing, along with this and plan to expand the service area, such as SI, IT Management and Cloud. The contact center business creates value in corporate businesses by managing customer communication channels comprehensively and analyzing customers’ needs to provide professional solutions. Its display solution business involves its authorized dealership of NEC, a famous Japanese imaging device brand. In this business relationship, it sells projectors and many other display solutions including digital cinema equipment supporting 2D and 3D showing as well as projectors for home, corporate, public agency, and golf simulation uses. Hyosung ITX was recognized for its current capacity and potential for growth and was KS-certified for its call centers for the first time in the industry in 2008. In 2010 and 2011, the company was selected as one of the 100 largest employers and honored by the President of Korea, respectively. Hyosung ITX is working hard to be a “Global Business Solution Provider” and is reinforcing core capacities as a strategic business partner to its corporate customers. 48 + 49 Global Excellence H Y O S U N G Galaxia Electronics Co., Ltd. Galaxia Device Co., Ltd. Professional manufacturer of LED display systems, construction landscape lighting, LED lighting equipment. Mobile device parts and ATM Roller and Unit manufacturer. Galaxia Electronics Co., Ltd. is an LED application professional that develops and manufactures LED displays and lighting systems. The company’s main business activities involve the manufacture of LED displays used as imaging devices for concerts, film (movie) industry, TV studios, and theme events, among others and design and installation of lighting for structure landscape and media façade. It also engages in the business of using LED lights as alternative to conventional lighting equipment. Its LED display is earning raves in the global entertainment market with its clear and deep color implementation, history-first super-large 3D screen, and other annual technical developments and reliable products. Boasting of unrivaled technical competence in media façade design, a new area of visual and spatial art that projects brilliant images and turns the building into a large artwork after sunset, Galaxia has set up the world’s largest LED media art gallery (width 99m × height 78m) in the Seoul Square building. Known for its advantages including energy saving, high efficiency, and ecological and long life functions, the LED lighting is used for industrial lighting applications replacing incandescent and fluorescent lights. The company has acquired world-class technical competitiveness through continuous research and development to ensure that its LED products transmit warmth to the people. Galaxia Device Co., Ltd. is a supplier of IT parts and materials such as mobile phone keypads, ATM rollers and units, special rubbers for TV sets. The company manufactures key parts for mobile phones, PDAs, key phones, and remote controllers. In design, development, mold manufacture (internalization of core processes), and quality assurance, the company is internationally competitive. It has also partnered with Samsung in the wireless, printer, and imaging device businesses for more than 30 years. Galaxia Device is expanding its business to provide parts and materials for ATMs. Focusing on the localization of pick up rollers used to separate and read notes inside an ATM and the production of key components such as F-Roller and G-Roller, it is committed to the development of core technologies and competitive products and thus become a leading technology provider in urethane rollers with greater wear resistance. In addition, Galaxia Device has competitive production capacity across a range of business areas including the development and production of main units and modules for automation systems used for conventional ATMs and ATMs for checks. Galaxia Communications Co., Ltd. Provider of wired and wireless network-based transactions and information and entertainment solutions. Beyond the revolutionary change of the mobile phone, which has become a personalized multimedia device, lies Galaxia Communications Co., Ltd., providing transaction, information, and entertainment solutions based on its wired and wireless networks. Galaxia Communications is engaged in the following business areas: electronic payment business, which builds and provides all the necessary payment solutions for its customers to make electronic commercial transactions; mobile marketing business, which contributes to its customers’ business by planning and providing marketing means in the mobile environment; multimedia solution business, which enables different sizes of multimedia contents to be produced, transformed, transmitted, and distributed with the best quality and at the lowest cost; and mobile ASP (application service provider) business, which provides various multimedia contents such as music, movies, and entertainment based on a communication network provider. In addition, it has the New Media Lab, which developed the original technology of Codec in 1994; it aims to develop and supply commercial solutions and engineering services for multimedia in HD image. Its technical competence and know-how help us implement new technologies that maximize value for its customers in the next-generation converged network service environment, i.e., Wibro and DMB. 50 + 51 Financing & Other Affiliated Companies Global Excellence H Y O S U N G Hyosung Capital PU The Class Hyosung Co., Ltd. Hyosung Toyota Corporation The Premium Hyosung Co., Ltd. We are reinforcing The Class Hyosung Co., Ltd. our growth engine for the next generation. As an authorized dealer of Mercedes-Benz, The Class Hyosung Co., Ltd. is guided by its philosophy of “The best or nothing (Das best oder nicht).” The Class Hyosung Co., Ltd. provides stable and unique services that can only come from a large company that is based on trust of and investment by Mercedes-Benz. The Class Hyosung proudly presents its largest dedicated automobile showroom in Asia situated in Gangamdae-ro (Seoul). Offering additional showrooms in Bundang Jeongja (Bundang), Songpa, Pyeongchon (Anyang) and Cheongju, the company sells the prestigeous Mercedes-Benz from Germany. Its service centers in Gangnam, Dogok, Seocho, Songpa, Bundang, Pyeongchon (Anyang) and Cheongju provide differentiated premium services that “makes Benz like Benz.” A Premium Lifestyle Provider that provides a total service from initial consultation, purchasing, financing, after-sales service – that’s The Class Hyosung. While reinforcing its control over the global market in core business areas such as tire cords, spandex, and ultra-high voltage transformers, Hyosung is actively involved in capital and imported car dealership business to enhance its capacity as a global corporation with a sophisticated and diversified business structure designed to realize its long- and mid-term visions and implement a solid growth engine. Differentiated, advanced financing techniques Specialing in equipment leasing and installment financing, Hyosung Capital meets customer needs, while offering differentiated, advanced financing techniques such as installment financing, project finance, corporate loans and factoring. Hyosung Toyota Corporation Total Service for Global Automobile The Class Hyosung provides a total service from initial consultation, purchasing, financing, after-sales service, to used car sales for customers purchasing prestige cars such as Mercedes-Benz, Toyota and Lexus. Ranked No. 1 in market share, Hyosung Toyota is an official Toyota dealer with 3 showrooms and 2 service centers. The company takes pride in its Seocho, Gangseo, and Anyang Pyeongchon Showroom – which provides genuine one-stop total service – and Gangseo Service Center, Korea’s largest single-unit service facility. It continuously provides customers with convenient and differentiated services. The Premium Hyosung Co., Ltd. Hyosung Capital PU Hyosung Capital provides millions of customers and businesses with flexible financial solutions ranging from lease and installment financing, to loan and investment. In particular, it has introduced various forms of private finance products, using long experience and expertise it has accumulated as a market leader since merging with Star Lease Co., Ltd. Its business has a rich history of helping its clients and partners to meet their business goals. It is superior in its auto lease programs (Imports/domestic) & installment services, including used cars and durable goods, and various consumer loans closely focused on each client’s unique business needs. It has dominant market competitiveness and work with a wide variety of small to mid-size businesses and corporations. Recently, it has ventured into the Chinese lease industry through its partnership with Hyundai Heavy Industry to provide global financial services. By enhancing business infrastructure and securing financial experts, Hyosung Capital is achieving continuous growth as a “Total Credit Solution Provider”. In addition, its assets exceed more than two trillion won and it has obtained a credit rating of A+ from both Korea Ratings and Korea Investors Service. ◆ Lease financing ◆ Installment financing ◆ Loan ◆ Corporate financing The Premium Hyosung Co., Ltd. is an official dealer of Toyota Motor Korea selling Lexus and Toyota cars in the southwestern region of Korea. Lexus provides ‘the pleasure of ownership’ following its mission “To make premium cars comparable only to the best in the world”. Guided by the slogan “The Pursuit of Perfection,” it is taking the lead in continuous brand improvement and customer satisfaction. Toyota, the world-class automobile providing optimized value based on the motto of Customer First, is helping customers enjoy pleasant, rich living. The Premium Hyosung Co., Ltd. is running the Lexus Gwangju/Jeonju showrooms, Toyota Gwangju showroom, and Gwangsan (BP) and Gwangju (3S) service centers, the largest in the southwestern region and providing customers with first-class, differentiated services. 52 + 53 Global Excellence H Y O S U N G Design of New Growth Engine 54 + 55 Technology makes dreams come true Hyosung’s technology opens up a new world. Since establishing the first private R&D Center affiliated with a corporation in Korea in 1971, Hyosung has developed four of the world’s best products and many other world-class products and brands in textile, industrial materials, chemicals, power & industrial systems, and information & communication fields, wielding a profound effect on the lives of people. Globally competitive technical competence, experience in and passion for R&D, and unquenchable thirst for challenge will enable Hyosung to open up a new world of technology with the spirit of a pioneer. Research & Development • R&DB Labs • Power & Industrial Systems R&D Center • Steel Wire Technical Center • Electronic R&D Center • Technical R&D Center R&DB Labs Power & Industrial Systems R&D Center Established as Korea’s first R&D Center affiliated with a corporation in 1971, Hyosung R&DB Labs has expanded its research scope to chemical raw materials and products and new materials based on R&D capacities in synthetic fiber research, the driving force behind Korea’s industrialization. In September 2006, it merged its central lab and production technology center into Hyosung R&DB Labs for a greater synergy. In 2011, it reorganized itself into five major research groups based on its 10 core basic technologies to create new business. In addition to research technologies for future business areas, which are going to provide the basis for future growth, Hyosung R&DB Labs are developing new products and processes and help them widely utilized as rapidly as possible. Research Areas - Electronics materials research group (LED materials and nano materials) - Functional materials research group (Carbon fiber and compound materials, Membranes) - Film research group (Optical films and industrial films) - Textile research group (New industrial textile, Functional apparel textile) - Polymerism research group (Engineering plastics, Polymers, and catalysts) Research RESULTS 2012 2011 2010 2009 2008 Developed heavy deniers designed for OETO application in diaper Spandex, health-care/far-infrared emitting fiber, high strength 2000d grade PET tire yarn, rayon-like PET tire yarn for UHPT application, seat belt yarn for highquality dyeing, aramid fine denier yarn, high gloss & high modulus Block PP, high functional TAC films for 3D FPR, nylon films for Li polymer battery cell pouch, anti-glare film for monitor & note PC, low haze anti-glare film for TV, high modulus carbon fiber, high Tg prepreg, submerged-type hollow fiber membrane module/Acquired the certification of new excellent technology from the Ministry of Environment, MWCNTs 2004 Developed “MIPAN NANO MAGIC SILVER,” a silver Nano fiber, PVA fiber, high set Spandex, micro polyester process yearns, and polypropylene polymer catalysts 2003 Developed PEN tire cords, Loycell tire cords, Zn-free Spandex, medical PP chips, and multi-lay PET beer bottles 2002 Developed fluorescent Spandex, heat-resistant Spandex, chlorine-resistant Spandex, antibacterial nylon textile, polyester films, and Nano compound films Developed protective films for ecological polarizing plates, non-reflective films for TV sets, carbon fibers, heat-welded Spandex, heat-resistant and highly reliable Spandex, highly sensitive and functional shaped yarns (Techway), and broad, woven, ultra-low contracting yarns 2001 Developed polyester ultrathin fibers (0.2 Denier), PTT BCF carpets, nylon film resins 2000 Developed stealth-core nylon luminous yarns, DH catalysts, nylon Nano composites, HIPP, and Butene random PP Developed highly chlorine-resistant Spandex, highly functional nylon shaped yarns (Aqua-X), highly sensitive nylon shaped yarns (Rexy), high value-added electronic material with PP grade, laptop thin films 1999 1998 1996 1995 1994 1993 1992 1990 1989 1987 1986 1984 1983 Developed polyester ultra-fine fiber, ultraviolet nylon yarns 1980 1978 Developed nylon 6 resins Developed highly colorful sportswear PET yarns (Prizma), transparent PP grade for LCD protective films, high-density catalysts for propane dehydration, anisotropic conductive films (ACF), normal grade for small LCDs and heat-resistant and detaching NY films Developed thermal polyester fiber (Aerowarm), recycled polyester long fibers (Regen), para-aramid fibers, PP for LCD protective films, ARS yarns, 300ml vending machine water bottles, 200ml 43g light water bottles (Lotte Icis) 2007 Developed anisotropic conductive films (ACF), fabric PET shape-memory textile (Nature-α), inflammable Prizma yarns, ARS ultra-high strength PET yarns, window in-line coating PET films 2006 Developed polyester Askin yarn, polyester low-contraction yarns, polyester edge-split yarns, polyester conductive yarns, C&L fabric polyester waterdeterrent yarns, nylon bonding yarns and nylon two-color yarns 2005 Developed high-purity fluorine gas, polyester latent and potential crimped yarns (Xanadu 55), industrial polyester inflammable yarns, alkali-resistant Spandex, and solution-dyed Spandex Developed HTS special yarns, bottle CoPEN resins, and water-soluble chitosan Developed airbag yarns and synthetic yarns A leader in the heavy electric equipment, power electronics, power automation solutions, and energy systems, the Power & Industrial Systems R&D Center is a think-tank that has helped Hyosung grow into an international corporation in the heavy electric equipment and energy fields. The 100MVA STATCOM honored with the Korean technical award, the 345kV nuclear power plant transformer honored with the Energy Award, the 800kV gas-insulated switchgear honored with the Jang Young Sil Award, and additional first technologies in Korea as well as the world’s second ultra high-voltage circuit breaker 1100kV gas-insulated switch (GIS) all show the rich history of its Power & Industrial Systems R&D Center, which embraces the challenge to be the first and the best in the field. For the existing heavy electric products’ competitive power, the center operates a reliability assessment center. In addition, the company is actively engaged in continued review and research in the green business including Smart Grid, EV motor, solar PCS, wind power PCS, and fuel cells that gain popularity as next-generation business areas. Research Areas - Next-generation power devices - Next-generation industrial machinery - Grid solutions - High value-added new products - Reliability assessment technology Research RESULTS 2012 Power storage 20kW∙800kW PCS, next-generation mid-sized torpedo motors, ray (50kW class) EV motors, transformer oil gas diagnosis solution (HiDGA), IEC61850-based 154kV MTR IED/170kV GIS IED 2010 Blue-on (60kW class) EV motors, large-sized propellant motor, distributed power Smart Energy solutions, 750kW-class DFIG PCS controls 2009 2008 100MVA STATCOM Developed antibacterial, anti-odor carpets, hollow yarn film filter water purifiers Developed nylon ultra-fine yarns, dry Spandex Developed nylon 66 resins Developed polyester hollow yarns Developed PP resins and epoxy resins Developed nylon/polyester microfiber, nylon conductive yarns, artificial suede, artificial grass Developed BCF yarns for carpets System-connected solar inverters (3kW, 50kW, 250kW), 1kW class PEMFC home generation systems, ecological 25.8kV 25kA Dry AirInsulated Switchgear (DAIS) (first in Korea), 245kV 40kA Motor Direct Drive Mechanism (MDDM) GIS 2007 2006 154kV gas transformers, 2MW-class wind power system 2005 750kW class wind power generation systems, 100kW class fuel cell PCS, 36kV 31.5kA GIS 2004 245kV 50kA class GIS (first in Korea), 25.8kV 25kA GIS (applicable size changed, first in Korea), 24kV 40kA 3000A GIS (first in Korea) Developed artificial marble Developed Full-Dull polyester fiber 1MW ESS, 250kW/500kW PV PCS, EMS , 80kW PMSM for Electric Vehicles(EV), Drive for 80kW PMSM, EV Charging Infra, 1kW Dual Cell Stack, 1kW Direct Hydrogen type PEMFC system and Partial Discharge Diagnostic System for Power Transformer 2011 Developed 0.7 denier nylon ultra-fine yarns Developed nylon hollow yarns, wastewater treating microorganisms “PREMO” Global Excellence H Y O S U N G 10MVA STATCOM, GIS partial discharge diagnosis system, power transmitter class FACTS device core parts domesticized (first in Korea) 2003 362kV 50kA GIS (first in Korea), 154kV 80MVA UPFC (FACTS) pilot plant (first in Korea) 2002 2001 Substation Automation System, 300kV 40kA GIS 2000 1999 Distribution digital protection meters 1995 1992 1987 1986 1984 1982 Gas turbine co-generator, railcar towing motors 154kV 40MVA FACTS transformers, interpolar condenser without capacitor, 170kV gas circuit breaker 800kV ultra-high voltage circuit breakers, 765kV transformer device preventive and diagnosis system, 200kW gas engine heat-combination systems, package-type CNG filling systems, nuclear power plant Q-class large-capacity motors, 362kV 63kA 8000A GIS (first in the world) 765kV transformers (first in Korea) 170kV 31.5kA 1200A GIS Amorphous transformer (first in Korea) 154kV phase-separation transformers (3ph 154kV 386MVA) Nuclear power plant 345kV transformers (1ph 345kV 1187MVA/Bank) 56 + 57 Steel Wire Technical Center Electronic R&D Center The Steel Wire Technical Center, established in 1986 for the development of steel cord and bead wire as well as their production processes, has grown into a research center specializing in steel material. Having accumulated technology and R&D competency, the Center has recently developed “Wafer cutting wire” used in recyclable energy (solar energy) and IT (semiconductor, LED) industries. To strengthen R&D in base technology and core competencies, the Center built a new R&D facility in 2007 followed by the establishment of an overseas technical center to secure technology for “Global Excellence.” The Center has been writing a history of achieving the highest grades of customer satisfaction. The Steel Wire Technical Center is focused on developing the world’s best technology that customers recognize through creating a stable infrastructure for R&D and securing the newest R&D facilities and skilled researchers. The Center is also investing in developing base technology for new businesses that will be future growth engines. Research Areas As Korea’s largest financial automation device R&D Center, the center boasts independent hardware and software development technologies for creating automated devices, terminals, and core modules. Since its establishment in 1983, the Center has succeeded in implementing different countries’ currency-identifying technologies and acquired standard certifications required by EMV, EPP, CEN, and UL in the international market, thereby contributing to the advancement of financial IT technology. The goal of the center is to be technically capable in contributing to the safety and development of the financial service industry with the world’s best financial automation device technology. Research Areas - ATM development (System / Mechanism / Electronics / Software) - Mechatronics, new robotics technology development - Element technical development (Control technology, Device technology, Circuit technique) - Micro-structure of steel & heat treatment technology (Optimization of alloy design, Superior heat treatment technology with high tensile and ductility) - Plating and surface treatment (High efficiency platting process) - Design & optimization of wet drawing condition (Lubricant, Dies geometry, Pass schedule) - Optimized drawing process design (Plastic working) - Stranding mechanism - Development of Hyosung’s only specification - Eco-friendly tire reinforcements (Low noise & low vibration steel cord) - Future tire reinforcements (Hybrid reinforcements) - Properties of future tires - Adhesion mechanism between steel cord and rubber - Wafer cutting wire (Saw Wire, Diamond Wire) - Ultra-fine wire development (Fiber wire for medical & bionic uses) - Special material wire development (Tungsten, Shape memory alloy wire) Research RESULTS Research RESULTS 2008 Developed the export-type cash deposit module (BNA), export-type check deposit module (BCA), kiosks, and circulating coin and banknote ATM 2007 Developed a new type of cash and check ATM (SCDP2), export-type, financially high-performing ATM (MX 7600 series), cash scanner sensing deposit machine (CSM) 2006 Developed high-performing drive-up ATM for the US financial industry, New Lobby ATM for Chinese ISO market (NH 5050) and new banknote multifunctional ATM (T2 ATM) 2012 2011 Developed fine-diameter saw wire, Developed diamond wire 2010 Designed and optimized the steel cord production process in Vietnam plant 2009 2008 Developed mono wire 2007 2006 2005 2004 Designed and optimized the saw wire production process Stablished Vietnam Technological Center designed and optimized the saw wire production process in Qingdao (China) plant Optimization & designing of the steel cord production process in Nanjing(China) plant Developed UT(Ultra Tensile, 4000 Mpa) steel cord Developed recycling process of lubricants used in wet drawing Optimization & designing of the steel cord production process in Qingdao(China) plant Global Excellence H Y O S U N G 2003 1999 Developed a new steel cord production process improved brass plating 1998 1996 1987 Developed a new bead wire production process Development of NT(Normal Tensile, 2850 Mpa) HT(High tensile, 3300 Mpa), ST(Super Tensile, 3650 Mpa) steel cord with good fuel efficiency Developed technology that enhances the platting efficiency of brass Designed and optimized the tire reinforcement production process 2012 2011 2010 2009 Developed New Branch Solution (Self Service Banking, Video Banking), teller ATM (TCR), cash/check mixed media recycling module (BRM11), passbook issue module, banknote fitness sorting technology, OCR technology for banknote serial numbers, CEN safe series (Grade ), ATM Software “MoniPlus” – global security standard certification Developed export-type check/cash deposit integrated module (CCIM), New Branch Solution (Hybrid ATM), circulating ATM with Global BRM (8000A, 8000TA), CEN Grade Ⅲ-certified in the safe security sector, trial-operated the kiosk robots for Korea Racing Authority (KRA) Developed Island (Bunker Type) ATM, new-generation High-End CDU, selected as pilot business operator for financial service robot business (by the Ministry of Knowledge and Economy), I-PBM (inkjet bankbook printer), and industry’s first Windows CE-based embedded system NDC application Developed the new-generation circulating ATM with Korea’s first BRM (Ubitus 8100), currency identification certification by Europe Central Bank 2005 Developed bill payment systems for export to Mexico and automatic cash dispenser for export to China (MX 5600) 2004 Developed bank statement printer (A4 Size) and wall-mountable-type ATM 2003 Developed wall-mountable-type and drive-up automatic cash dispenser and giro bill payer 2002 Developed high-performing automatic teller machine (T1 ATM) and automatic cash dispenser for export to the US (MB 1500) 2001 2000 1999 1998 1997 1996 Developed desk-type automatic cash dispenser (NanoCash-3000) 1995 Developed non-circulating automatic cash deposit and dispensing machine (ATM) 1994 Developed cash and check dispenser (CD) and bankbook printer Developed desk automatic cash dispenser (NanoCash-2000), VAN CD Developed automatic cash dispenser for export to the US (MB-3000) Developed automatic cash dispenser for export to the US (Mini Bank) Developed export-type cash dispensing unit (CDU-M) Developed circulating automatic cash deposit and dispensing machine (RATM) and branch server (Branch Processor) 58 + 59 Global Excellence H Y O S U N G Technical R&D Center As Korea’s largest corporate ecological technology center, its Technical R&D Center actively engages in R&D efforts in all areas of environmental studies including water quality, atmosphere, and waste disposal. This facility has Korea’s highest-level environmental technology. By efficiently utilizing up-to-date technical information, research facilities, and advanced resources for domestic and international technical network required for R&D, the Center is making its R&D structure ideal for the new generation. Research Areas - Water quality and water resource management - Waste reduction and recycling - Air pollutant reduction and removal - Environmental ecological system recovery - Greenhouse gas reduction - Waste resources recovery technologies Research RESULTS 2012 Received the National Green Tech Award (Submerged hollow fiber membrane for high-flux, energy-saving water purification), A new environmental technology certified (Water purification treatment technology by a submerged type microfiltration membrane that includes mix-coagulation and is capable of operating at high flux) 2010 Developed high-flux soak-type precise filtering water-purification technology using high-efficiency aeration cleaning film modules 2009 Developed advanced combined film-filtering water-purification and treatment technology 2008 Implemented government-assigned tasks for Eco-STAR waste recovery and non-CO2 greenhouse gas business group (wastewater sludge gasification, N2O removal CDM), energy resource utilization technology development project (pre-combustion integrated CO2 capture process, pre-combustion CO2 recovery Cermet separation membrane), highefficiency water purification and treatment technology using ceramic membrane, two-level and two-tier combined filtration system verification 2007 Performed government-assigned tasks for Eco-STAR water treatment advancement business group (advanced wastewater treatment optimization methods (HUB-N Ⅱ Process)) 2006 2005 2004 HUB-N process operation optimization technology 2000 1997 Studies on combined treatment in sewage of food wastes Developed sewage and advanced wastewater treatment process Developed water purification and treatment technology for R&D on simple water supply system with fluid-combined incineration, developed natural river purification with string-type media, developed Korean-made water supply membrane Established R&D Center for odor removal equipment for food waste disposal 60 + 61 Global Excellence H Y O S U N G Leading the Global Competition 62 + 63 A company realizing continuous growth Hyosung is committed to winning the global competition. Hyosung exports over 70% of its products overseas and boasts a global manufacturing system consisting of 37 production entities in 13 countries worldwide. Hyosung will continue to strengthen its global management abilities in marketing, production technology, and service across all business areas and stay ahead in the fierce global competition. About HYOSUNG • Brief History • Management Principles • Business Results • Business Directory Global Excellence H Y O S U N G Brief History We are progressing with the spirit of a pioneer. Hyosung has played the role of locomotive behind the Korean economy. Having been an important part of the Korean infrastructure industry, Hyosung has overcome numerous trials and difficulties and has always served as Korea’s partner during the country’s economic growth. 2013 Won the project for a PV power plant in Mozambique, hosted 2003 The Class Hyosung Co., Ltd. established, Hyosung Spandex the GWP declaration, initiated the Hyosung Volunteer Group for Sharing, completed the carbon fiber plant in Jeonju (Guangdong) Co., Ltd., established, Hyosung Thin Film (Jiaxing) Co., Ltd., established 2012 Concluded contract for the power network in Qatar, added 2002 Acquired the tire cord plant of Michelin, USA, Aerocool TAC film operations, added a PET plant (Asepsys) in Jincheon, nominated as national project developer for offshore wind power 20M electric voltage-type HVDC 2011 Brazil Spandex plant completed, concluded long-term steel cord supply contract with Goodyear and acquired two global plants, acquired Global Safety Textile (GST), a worldrenowned airbag textile supplier 2010 Vietnam steel cord plant completed, concluded Spandex plant construction MOU in Brazil, concluded business contract to set up power network in Qatar 2009 Announced Hyosung Way, completed the aramid fiber plant, TAC film plant and merged with Star Lease, Inc., to establish Hyosung Capital, set up 2MW/ 750kW wind power generation systems, acquired international certification by DEWI-OCC, launched Hyosung Toyota, acquired GRS certification for ecological recycled yarns 2008 Turkey Spandex plant completed, Vietnam Spandex/tire cord plant completed, acquired China Nantong Youfang Transformers Ltd. 2007 Acquired Star Lease, NF3 Plant completed, PET sterilized filling facility newly constructed, solar plant #1 completed, Hyosung recorded revenues of 5 trillion won 2006 Concluded contract with Goodyear for long-term tire cord supply and acquisition of four global plants, acquired Agfa photo production facility in Germany, acquired Nantong Youfang Transformers Ltd. and Dongkuk Trading’s China Spandex plant 2005 Nylon film plant completed in Jiaxing, China 2004 Spandex plant completed in Zhuhai, China, distribution transformer plant completed in Baoqing, China, tire cord plant completed in Jiaxing, China, concluded contract with Northwest Power Network Corporation of China for ultra-high voltage circuit breakers and added nylon film plant to Gumi Plant 1 selected as one of the world’s best products 2001 Adopted ERP, an advanced management system, China Spandex plant completed, Signed long-term PET bottle supply contract with Beijing Coca-Cola 2000 Gumi Spandex plant completed 1999 Hyosung Computer received KT Mark for ultra-high pressure gas insulating switch and polyester yarns (Aerocool) 1998 T&C, Logistics, Living, and Heavy Industry Units merged into Hyosung Co., Ltd., developed 800kV GIS for the first time in Korea, third time in the world 1996 Daejeon nylon film plant completed 1995 China PET bottle plant and Daejeon tile carpet plant completed 1992 Anyang Plant started manufacturing Spandex 1990 Started Spandex business 1989 Started PP and propylene business, Hyosung Ebara established 1986 Developed a new computer model for offices, POWER-5800 1983 Developed microfiber yarns that combined nylon and polyester 1979 Eonyang Plant started manufacturing PET bottles 1977 Hyosung Heavy Industry Changwon Plant completed 1975 Acquired Hanyoung Industry (predecessor of Hyosung Heavy Industry) 1973 Dongyang Polyester and Dongyang Textile established 1972 Started exporting tire cord fabric to Southeast Asia 1971 R&D Center established 1968 Ulsan Plant completed 1966 Dongyang Nylon established 1957 Hyosung Industry established 64 + 65 Global Excellence H Y O S U N G Management Principles Hyosung will continue to build a healthy future full of happiness that grows when shared. Hyosung manages its business with integrity, builds trust, and participates in ecological business to protect the Earth’s environment and expand social outreach to return profits back to the community. Eco-conscious Management Renewable Energy Hyosung produces energy in an ecological and clean manner using the wind, sunlight, and water generously provided by nature. By engaging in renewable energy development through wind power generation, solar energy generation, combined heat generation system, and fuel cell systems, it is making the ecological age – where all the benefits of civilization are enjoyed without the use of fossil fuel – a reality. ◆ Wind Power Generation ◆ Solar Power Generation System ◆ Fuel Cell System Waste Disposal and Recycling Environmental pollution is threatening life on planet Earth. Hyosung cleans the environment and recycles waste resources to make the Earth healthier and provide ecological technologies for a more pleasant living space. ◆ Waste Disposal Facilities ◆ Methane Gas Reuse Facilities ◆ Recycled Yarn Regen ◆ Wastewater Treatment Facilities ◆ Resource Circulation ◆ Environment-friendly Yarns CO2 Reduction, High-efficiency Energy Hyosung spearheads the development of core technologies for the low-carbon green growth era by saving wasted energy through its energy-efficient technologies and producing high-efficiency motors, pumps, ESCO, CNG filling facilities, LEDs, and low temperature-processed yarns. ◆ Smart Grid (Intelligent Power Network System) ◆ Electrical Car Charging Station and Operation System ◆ CNG Filling Facilities ◆ LED ◆ High-efficiency Pump ◆ High-efficiency Motor ◆ Low heat Settable Yarn 66 + 67 Global Excellence H Y O S U N G Sharing-based Management Hyosung endeavors to fulfill its social responsibility by donating part of its profits to help its neighbors in need and making its community richer. Hyosung’s social outreach activities include volunteer services, education and support projects, cultural heritage preservation activities, and Mecenat. The various social contribution activities are not limited to Korea but reach all corners of the globe. Global Social Contribution ◆ Food provisions for African children (Table for two) ◆ Overseas free dental care service ◆ “Hyosung Blue Challenger” group with college students applying appropriate technologies ◆ Scholarships for China ◆ Support for veterans in Turkey and Luxembourg who fought in the Civil war ◆ East Timor boys’ soccer club support ◆ Relief efforts in disaster-stricken areas in other countries such as Sichuan China and Japan ◆ Hangul School in China ◆ Sir Kim, Gu’s ruins preservation project Culture and Art Support Ethics Management To ensure that we manage our business with integrity and transparency, we at Hyosung established a code of ethics that presents a wholesome standard based on which all our staff can make upright and ethically sound decisions at all times. We keep our corporate culture sound and upright and fulfill its social responsibility to play the role of a respected global corporation. Compliance with Laws and Regulations Hyosung strictly adheres to legal regulations, diligently observes rules, abides by ethics codes, and manages the business in a fair manner to continuously generate jobs and social progress. Respect for Customers Hyosung provides distinguished quality and services, prioritizing trust-based relationships with customers and forming a fair relationship with partners. ◆ Silk Road Ensemble support with Yo-Yo Ma ◆ Fund raising and charity concerts for Haiti relief ◆ Support for the first concert of Curtis and Friends ◆ Sponsored the World All-Star Charity Soccer tournaments ◆ Sponsored the Hong Myeong-bo Charity Soccer tournaments ◆ Support for the National Central Museum ◆ Cultural heritage preservation activities Respect for Shareholders Hyosung protects the rights of investors and shareholders by publishing accurate financial results derived from value management to support the shareholders’ and investors’ decision-making as well as to maximize their profit. Sharing and Voluntary Service Respect for Staff Hyosung believes that the most important resource a company has is its staff and ensures that they can freely use their creativity and that they are protected from unjustified discrimination. ◆ Donating rice of love from salaries ◆ Sharing Kimchi of love ◆ Sharing lunch boxes of love ◆ Sharing briquettes of love ◆ Side dishes for senior citizens living alone ◆ Helping the disabled with their studies ◆ Helping children with leukemia and donating blood ◆ Support for the rehabilitation and treatment of disabled children ◆ Support for housing renewal for veterans participating in the Korean War Support for new socially responsible businesses ◆ Consulting and provision of manuals for socially responsible businesses ◆ Long-term support program for socially responsible businesses Contributing to the Community ◆ One operation per village (help during busy seasons, parties for senior citizens, and purchase produce) ◆ One operation per river/mountain care ◆ Support for founding social enterprises Education Business ◆ Education Business of Dongyang Mirae College ◆ Operating junior engineering classes ◆ Signed MOU to facilitate donations toward education (Ministry of Education, Science and Technology and Gyeongnam School District) ◆ One operation per (elementary) school ◆ Supporting School Violence Prevention Education for Elementary Schools in Gyeongsangnam-do ◆ Youth-dream Jeonju camp Social Responsibility Hyosung fulfills its responsibility as a member of the community and works hard to earn respect through active involvement in social contribution activities. 68 + 69 Global Excellence H Y O S U N G Business Results Our innovation and thirst for challenge ensure our sustainable growth. We are committed to expanding our profitability by strengthening our existing business capacity based on “Value Management through Global Excellence” and solidifying our market position through global network enhancement in the core business areas for the intensification of growth. We promise to continue our creative innovation and seek new challenges to reinforce our global business competitiveness and make consistent changes and progress to maintain Since its establishment, Hyosung had to overcome many difficulties but grew steadily. Gaining the capacity to raise its quality, technology, cost, and marketing levels to global standards and exploring global markets, it is growing as the world’s best corporation. Moreover, we continue our growth through innovation and triumphs in new challenges. our image as the best global corporation. SALES TOTAL ASSETS OPERATING PROFIT USD USD USD 11,191.7 12,213.9 million 168 million million Sales USD 2011 2012 10,235.6million USD 11,191.7million Total Assets USD 2011 2012 USD 12,294.1million 12,213.9million Operating Profit USD 2011 2012 USD 168million 250.5million FX Base Rate 2011 USD : KRW 1,126.88 2012 USD : KRW 1,108.11 70 + 71 Global Excellence H Y O S U N G Business Directory _Domestic Textile & Industrial Materials Seoul : Mapo(HQ), Cheongdam/Bangbae/Suseo/Banpo Office, Technical R&D Center, Electronic R&D Center Gwangju Frozen Storage Anyang Plant R&DB Labs Power & Industrial Systems R&D Center Ulsan Plant (nylon fibers, tire cords, Gumi Plant (spandex, polyester fibers) Anyang Plant (rolled carpets, Eonyang Plant (steel cords, bead wires, Daejeon Plant (tile carpets, PP BCF) Daegu Plant (dyeing) Changwon Plant (transformers, Sejong Plant (PV inverter, STATCOM, HGS Changwon Plant (pumps) Yongyeon Plant 1 (PP/DH, NF3) Yongyeon Plant 2 (TPA) Yongyeon Plant 3 (TAC films) Gumi Plant (polyester films, nylon films) Gwanghyewon Plant (PET bottles) Jincheon Plant (PET bottles) Yangsan Plant (PET bottles) Daejeon Plant (PET bottles, nylon films) Gumi Plant (ATM) Gwangju Frozen Storage technical yarns, aramid, nylon/polyester chips) Oksan Plant 14 5 automotive carpets, nylon BCF, polyester BCF) Jincheon Plant Gwanghyewon Plant Sejong Plant Plants Daejeon Plant Gumi Plant saw wires) R&D Centers Jeonju Plant Daegu Plant Eonyang Plant Steel Wire Technical Center Ulsan Plant Yongyeon Plant Yangsan Plant Changwon Plant Jeonju Plant (carbon fibers) Power & Industrial Systems circuit breakers, motors) welding machine) Chemicals Mapo (HQ) Office Cheongdam Office Bangbae Office Trading / Information & Communication Suseo Office Banpo Office R & DB Labs 72 + 73 Global Excellence H Y O S U N G Business Directory _Overseas MOSCOW 37 10 19 74 + 75 Asia Manufacturing entities (4 branches) Trading entities (5 affiliated branches) Trade offices JIAXING (CHINA) GUANGDONG (CHINA) GUANGDONG (CHINA) Hyosung Spandex (Jiaxing) Co., Ltd. Hyosung Chemical Fiber (Jiaxing) Co., Ltd. Hyosung Chemicals (Jiaxing) Co., Ltd. Hyosung International Trade(Jiaxing) Co., Ltd. Hyosung Spandex (Guangdong) Co., Ltd. Hyosung Composites (Guangdong) Co., Ltd. BEIJING OH BAODING QINGDAO SEOUL OSAKA NANTONG ZHANGJIAGANG NANJING CHANGSHU WUHU JIAXING SHANGHAI CHONGQING NEW DELHI FUJIAN SHAOXING TAIPEI GUANGZHOU DUBAI GUANGDONG ZHUHAI HONGKONG GREE TOKYO LOS ANGELES DALLAS ENSENADA ZHUHAI (CHINA) QINGDAO (CHINA) NANTONG (CHINA) Hyosung Spandex (Zhuhai) Co., Ltd. Hyosung Steelcord (Qingdao) Co., Ltd. Nantong Hyosung Transformer Co., Ltd. KAOHSIUNG MEXICO MUMBAI MYANMAR MANILA BANGKOK RAYONG DONG NAI HOCHIMINH KUALA LUMPUR SINGAPORE BAODING (CHINA) NANJING (CHINA) Changshu (CHINA) Baoding Hyosung Tianwei Transformer Co., Ltd. Hyosung Sumiden Steelcord (Nanjing) Co., Ltd. GST Automotive Safety (Changshu) Co., Ltd. Zhangjiagang (CHINA) BEIJING (CHINA) DONG NAI (VIETNAM) Zhangjiagang Xiao-sha Coil Service Co., Ltd. Beijing Hyosung Computer Technology Co., Ltd. JAKARTA Manufacturing Trading Entities Entities Trading Offices NEW DELHI (INDIA) DUBAI (U.A.E.) Hyosung Corporation India Pvt. Ltd., Hyosung Corporation Dubai Office Hyosung Vietnam Co., Ltd. DECATUR Global Excellence H Y O S U N G PITTSBURGH NEW YORK OHIO America SOUTH HILL GREENSBORO LOS ANGELES DALLAS DECATUR 76 +77 CHALOTTE ENSENADA MEXICO MOSCOW COLMAR‐BERG BISSEN FRANKFURT MAULBURG HANNER MURG BAD SACKINGEN PITTSBURGH (U.S.A) DALLAS (U.S.A) South Hill (U.S.A) Hyosung U.S.A., Inc. HICO America Sales and Technology, Inc. Nautilus Hyosung America, Inc. GST LLC - South Hill DECATUR (U.S.A) ENSENADA (MEXICO) SANTA CATARINA (BRAZIL) AMERICANA (BRAZIL) Hyosung U.S.A., Inc. (Decatur Plant) GST Automotive Safety Components International S.A. de C.V. Hyosung Brasil Industria E Comercio De Fibras Ltda. Hyosung Brasil Ltda. PANAMA CZESTOCHOWA JEVICKO SIGHISOARA MILANO BARCELONA NEW YORK (U.S.A) ISTANBUL BEIJING BAODING AMERICANA NEW DELHI OSAKA TOKYO NANTONG ZHANGJIAGANG NANJING CHANGSHU WUHU JIAXING SHANGHAI CHONGQING FUJIAN SHAOXING SAO PAULO Europe/ SEOUL QINGDAO Africa TAIPEI GUANGZHOU SANTA CATARINA DUBAI GUANGDONG ZHUHAI HONGKONG KAOHSIUNG MUMBAI COLMAR-BERG (LUXEMBOURG) BISSEN (LUXEMBOURG) ISTANBUL (TURKEY) Jevicko (CZECH) Hyosung Luxembourg S.A. Hyosung Istanbul Tekstil Ltd Sti GST Automotive Safety Czech s.r.o. Hyosung Wire Luxembourg S.A. MYANMAR MANILA BANGKOK RAYONG DONG NAI HOCHIMINH KUALA LUMPUR SINGAPORE JAKARTA DURBAN Manufacturing Trading Entities Entities Trading Offices Maulburg (GERMANY) Bad SAckingen (GERMANY) HANNER (GERMANY) Murg (GERMANY) GST GmbH - Maulburg GST GmbH - Bad Sackingen GST GmbH - Murg GST GmbH - Hanner SIGHISOARA (ROMANIA) Czestochowa (POLAND) DURBAN (SOUTH AFRICA) GST Automotive Safety RO S.R.L. GST Automotive Safety Poland Sp.z o.o. GST Automotive Safety South Africa (Proprietary) Limited Global Excellence H Y O S U N G Business Directory _Domestic Textile Industrial Materials Chemicals Power & Industrial Systems Hyosung Corporation TEL.82-2-707-7000 FAX.82-2-707-7799 Ulsan Plant _ (680-050) 30 Nabdoro, Nam-gu, Ulsan-si (Maeam-dong) TEL.82-52-278-7000 FAX.82-52-261-6180 Anyang Plant _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1000 FAX.82-31-452-4175 Gumi Plant _ (730-340) 108 3 Gongdan2-ro, Gumi-si, Gyeongbuk (Simi-dong) TEL.82-54-470-9114 FAX.82-54-470-9019 Daegu Plant _ (704-190) 45 55-gil, Seongseogongdan-ro, Dalseo-gu, Daegu-si (Jang-dong) TEL.82-53-589-7084 FAX.82-53-589-7000 Daegu Office _ (700-713) Suite 601, 488 Gukchaebosangro, Jung-gu, Daegu-si (Dongsan-dong, Textile Hall) TEL.82-53-251-2525 FAX.82-53-252-4135 Busan Office _ (614-828) 632 Jungangdaero, Busanjin-gu, Busan-si (Beomcheon-dong) TEL.82-51-634-4111 FAX.82-51-643-9837 HQ _ (121-720) 119 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) TEL.82-2-707-7000 FAX.82-2-707-7799 Ulsan Plant _ (680-050) 30 Nabdoro, Nam-gu, Ulsan-si (Maeam-dong) TEL.82-52-278-7000 FAX.82-52-261-6180 Anyang Plant _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1000 FAX.82-31-452-4175 Eonyang Plant _ (689-801) 514 Eonyangro, Eonyang-eup, Ulju-gun, Ulsan-si TEL.82-52-255-5114 FAX.82-52-262-5150 Daejeon Plant _ (306-220) 90 18 Beongil, Munpyeongseoro, Daedeok-gu, Daejeon-si (Munpyeong-dong) TEL.82-42-932-6187~9 FAX.82-42-932-8270 Jeonju Plant _ (561-844) 441 Dongsan-dong, Deokjin-gu, Jeonju-si, Jeonbuk TEL.82-63-213-8918 FAX.82-63-213-8932 HQ _ (137-804) 235 Banpodaero, Seocho-gu, Seoul-si (Banpo-dong) TEL.82-2-707-7000 FAX.82-2-707-7799 Yongyeon Plant 1 _ (680-140) 66 487 Beongil, Cheoyongro, Nam-gu, Ulsan (Seongam-dong) TEL.82-52-279-2014 FAX.82-52-256-4484 Yongyeon Plant 2 _ (680-140) 65 487 Beongil, Cheoyongro, Nam-gu, Ulsan (Seongam-dong) TEL.82-52-279-5500 FAX.82-52-279-5555 Yongyeon Plant 3 _ (680-150) 130 Yongyeonro, Nam-gu, Ulsan-si (Yongyeon-dong) TEL.82-52-279-0408 FAX.82-52-279-0404 Daejeon Plant _ (306-230) 85 18 Beongil, Sinilseoro, Daedeok-gu, Daejeon-si (Sinil-dong) TEL.82-42-605-8500 FAX.82-42-605-8555 HQ _ (135-831) 6F Parkland Bldg., 601 Eonjuro, Gangnam-gu, Seoul-si (Nonhyeon-dong) Jincheon Plant _ (365-862) 92 Mundeok1gil, Munbaek-myeon, Jincheon-gun, Chungbuk TEL.82-43-530-7715 FAX.82-43-533-7174 Galaxia Devices Co., Ltd. Gwanghyewon Plant _ (365-834) 114 Jukhyeongil, Gwanghyewon-myeon, Jincheon-gun, Chungbuk TEL.82-43-530-1600 FAX.82-43-535-6171 HQ _ (441-813) 50 132 Beongil, Omokcheonro, Gwonseon-gu, Suwon-si, Gyeonggi-do (Gosaek-dong) Yangsan Plant _ (626-110) 14 Sanmakgongdannam6gil, Yangsan-si, Gyeongnam (Bukjeong-dong) TEL.82-55-387-7165 FAX.82-55-386-5855 Daejeon Plant _ (306-230) 85 18 Beongil, Sinilseoro, Daedeok-gu, Daejeon-si (Sinil-dong) TEL.82-42-605-8561 FAX.82-42-605-8572 Gumi Plant _ (730-340) 108 3 Gongdan2-ro, Gumi-si, Gyeongbuk (Simi-dong) TEL.82-54-470-9114 FAX.82-54-470-9177 HQ _ (121-720) 119 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) TEL.82-2-707-7000 FAX.82-2-707-7799 Changwon Plant _ (642-712) 171 Yeondeokro, Seongsan-gu, Changwon-si, Gyeongnam (Nae-dong) TEL.82-55-268-8000 FAX.82-55-268-9029 Sejong Plant _ (339-823) 142 Gongdanro, Nammyeon, Yeongi-gun, Sejong-si TEL.82-41-860-3114 FAX.82-41-860-3113 Hyosung Corporation Hyosung Corporation FAX.82-2-3279-8200 Changwon Plant _ (641-290) 303 Gongdanro, Seongsan-gu, Changwon-si, Gyeongnam (Wungnam-dong) TEL.82-55-279-7607 FAX.82-55-281-0092 Ulsan Office _ (680-727) 10F Dongyang Securities Bldg., 197 Samsanro, Nam-gu, Ulsan-si (Dal-dong) TEL.82-52-273-5400 FAX.82-52-273-5410 www.hyosung.com Chinhung International, Inc. FAX.82-2-707-4401 TEL.82-2-707-5800 TEL.82-31-456-6074 FAX.82-2-707-5888~9 FAX.82-31-456-6076 www.chinhung.co.kr Seoul Office _ (140-900) 27 Huamro, Yongsan-gu, Seoul (Huam-dong) Hyosung Corporation TEL.82-2-707-4499 www.heec.co.kr Anyang Office _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) HQ _ (135-884) Suseo Bldg, 281, Gwangpyeong-ro, Gangnam-gu, Seoul (Suseo-dong) TEL.82-2-6181-2114 FAX.82-2-510-0555 Mapo Office _ (121-804) KPX Bldg., 137 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) TEL.82-2-2078-4870 FAX.82-2-711-9929 Gumi Plant _ (730-400) 179-15 Okgye2gongdanro, Gumi-si, Gyeongbuk (Gupo-dong) TEL.82-54-470-3114 FAX.82-54-470-3019 Ulsan Office _ (680-050) 30 Nabdoro, Nam-gu, Ulsan-si (Maeam-dong) TEL.82-52-278-7875 FAX.82-52-261-7546 Changwon Office _ (641-712) 171 Yeondeokro, Seongsan-gu, Changwon-si, Gyeongnam (Nae-dong) TEL.82-55-268-8047 FAX.82-55-268-8045 Nautilus Hyosung Inc. www.nautilus.hyosung.com www.his21.co.kr HQ _ (135-764) 524 Dosandaero, Gangnam-gu, Seoul-si (Cheongdam-dong) TEL.82-2-5100-300 FAX.82-2-547-9998 Daegu Office _ (702-851) 2F Daeseong Bldg., 56 Cheomsanro, Buk-gu, Daegu-si (Chilseong-dong 2ga) TEL.82-53-426-9800 FAX.82-53-426-9830 Busan Office _ (614-110) Suite 609, Byeoksan e-Centum Class One 99 Centumdongro, Haeundae-gu, Busan TEL.82-51-463-7805 FAX.82-51-463-7805 Daejeon Office _ (302-831) Suite 301, Metropalace, 66 Dunsanjungro, Seo-gu, Daejeon-si (Dunsan-dong) TEL.82-42-485-4856 FAX.82-42-484-0366 Gwangju Office _ (502-735) Suite 1215, Landpia Officetel, 114 Sangmujungangro, Seo-gu, Gwangju-si (Chipyeong-dong) TEL.82-62-385-2193 FAX.82-62-385-2194 www.hyosungitx.com HQ _ (150-967) 15F Ire Bldg., 57 Seonyudong2ro, Yeongdeungpo-gu, Seoul-si (Yangpyeong-dong 4ga) TEL.82-2-707-7000 Seoul Office _ (137-850) 9 Myeongdalo, Seocho-gu, Seoul-si (Bangbae-dong) FAX.82-2-707-8787 Hyosung ITX Co., Ltd. TEL.82-2-772-1200 FAX.82-2-754-2972 www.hyosung.com Seoul Office _ (137-804) 235 Banpodaero, Seocho-gu, Seoul-si (Banpo-dong) TEL.82-2-707-7114 FAX.82-2-707-8517 Gwangju Frozen Storage _ (464-040) 536-7 Sunamro, Gwangju-si, Gyeonggi-do (Sam-dong) TEL.82-31-763-3611 FAX.82-31-763-3615 TEL.82-2-2102-8400 FAX.82-2-2102-8424 HQ _ (462-721) 15F Tech Bldg., SKn Technopark, 124 Sagimakgolro, Jungwon-gu, Seongnam-si, Gyeonggi-do (Sangdaewon-dong) TEL.82-31-776-4240 FAX.82-31-776-4250 Galaxia Electronics Co., Ltd. www.galaxialed.com Galaxia Communications Co., Ltd. Financing & Other Affiliated Companies Hyosung Capital Co., Ltd. www.galaxiacommunications.co.kr TEL.82-31-548-9800 FAX.82-31-548-9333 TEL.82-2-1588-9688 FAX.82-2-2018-3895 Busan Branch _ (614-030) Suite 703, Hyosung Accencity, 39 Seomyeonro, Busanjin-gu, Busan-si (Bujeon-dong) TEL.82-51-605-3920 FAX.82-51-819-0680 Daegu Branch _ (706-010) 13F Samhee Bldg., 2388 Dalgubeoldaero, Suseong-gu, Daegu-si (Beomeo-dong) TEL.82-53-749-3943 FAX.82-53-742-8517 www.theclasshyosung.com TEL.82-2-575-7500 FAX.82-2-575-7530 TEL.82-2-520-5500 FAX.82-2-520-5599 HQ _ (502-820) 881 Sangmudaero, Seo-gu, Gwangju-si (Ssangchon-dong) TEL.82-62-384-7733 FAX.82-62-384-7722 Anyang HRD Center _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1251~64 Hyosung Toyota Corporation www.hyosungtoyota.com HQ _ (137-804) 235 Banpodaero, Seocho-gu, Seoul-si (Banpo-dong) The Premium Hyosung Co., Ltd. Reserch & Development FAX.82-2-6005-1111 www.hyosung-capital.co.kr HQ _ (137-804) 235 Banpodaero, Seocho-gu, Seoul-si (Banpo-dong) HQ _ (135-860) 284 Gangnamdaero, Gangnam-gu, Seoul-si (Dogok-dong) HRD Center TEL.82-1566-0123 www.galaxiadevice.com The Class Hyosung Co., Ltd. www.hsgoodsprings.com Seoul Office _ (137-850) 9 Myeongdalo, Seocho-gu, Seoul-si (Bangbae-dong) TEL.82-2-707-8793 Hyosung Information Systems Co., Ltd. www.hyosungpni.com Hyosung EBARA Engineering Co., Ltd. Trading Information & Communication www.hyosung.com HQ _ (121-804) KPX Bldg., 137 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) Hyosung Corporation Seoul Office _ (121-804) KPX Bldg., 137 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) www.hyosung.com HYOSUNG GOODSPRINGS Inc. Construction Hyosung Trans-World Co., Ltd. www.hyosung.com HQ _ (121-720) 119 Mapodaero, Mapo-gu, Seoul (Gongdeok-dong) Hyosung Corporation 78 + 79 www.hyosunglexus.com FAX.82-31-452-8176 Changnyeong HRD Center _ (635-808) 38 Hwangokeodoro, Changneyong-eup, Changnyeong-gun, Gyeongnam TEL.82-55-533-7890 FAX.82-55-533-7699 Hyosung R&DB Labs _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1000 FAX.82-31-454-0089 Power & Industrial Systems R&D Center (Anyang) _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1000 FAX.82-31-596-1699 Power & Industrial Systems R&D Center (Changwon) _ (635-808) 38 Hwangokeodoro, Changneyong-eup, Changnyeong-gun, GyeongnamTEL.82-55-279-7470 FAX.82-55-279-7499 Steel Wire Technical Center _ (689-801) 514 Eonyangro, Eonyang-eup, Ulju-gun, Ulsan-si TEL.82-52-255-5257 FAX.82-52-255-5250 Electronic R&D Center _ (135-884) Suseo Bldg, 281, Gwangpyeong-ro, Gangnam-gu, Seoul (Suseo-dong) TEL.82-2-6181-2607 FAX.82-2-6181-2599 Technical R&D Center _ (431-080) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do (Hogye-dong) TEL.82-31-428-1000 Global Excellence H Y O S U N G Business Directory _Overseas Asia CHINA HONG KONG Hyosung Chemical Fiber (Jiaxing) Co., Ltd. TEL.86-573-8222-8307 No.1888, Dongfanglu, Jiaxing Economic Development Zone, Jiaxing, Zhejiang, China FAX.86-573-8222-8340 Hyosung Chemicals (Jiaxing) Co., Ltd. No.399, Zhongshan West Road, Jiaxing, Zhapugangqu, Zhejiang, China TEL.86-573-8558-7213 FAX.86-573-8558-7247 Hyosung International Trade (Jiaxing) Co., Ltd. TEL.86-573-8222-8307 No.1888, Dongfanglu, Jiaxing Economic Development Zone, Jiaxing, Zhejiang, China FAX.86-573-8222-8490 Hyosung Corporation India Pvt. Ltd., TEL.91-124-4012255/3255 2 A1, Upper Ground Floor, Building No 10, Tower C, DLF Cyber City, Phase II, Gurgaon - 122002, India Hyosung Spandex (Jiaxing) Co., Ltd. Yunhailu, Jiaxing Economic Development Zone, Jiaxing, Zhejiang, China TEL.86-573-8222-6500 FAX.86-573-8222-6509 Nautilus Hyosung India Office TEL.91-22-6769-4636 Ground Floor, Velocity, Phase-1, Logitech Park Andheri-Kurla Road, Andheri-East, Mumbai, India Hyosung Spandex (Guangdong) Co., Ltd. No.8603, Zhuhai Road, Pingsha Industrial Zone, Zhuhai, Guangdong, China TEL.86-756-772-6001 FAX.86-756-772-6009 Hyosung Corporation Jakarta Office TEL.62-21-526-6475~6 Citi Bank Tower 24/F, Plaza Bapindo Jl, Jendral Sudirman Kav, 54-55 Jakarta 12190, Indonesia Hyosung Composites (Guangdong) Co., Ltd. TEL.86-756-772-6099 No. 8601, Zhuhai Avenue, Pingsha Town, Zhuhai City, Guangdong Province , China FAX.86-756-772-6008 JAPAN FAX.81-3-3459-9300 FAX.86-756-778-5894 Hyosung Japan SVAX TT Building 6/F, 11-15, 3-Chome, Toranomon Minato-ku, Tokyo, Japan TEL.81-3-3432-1005 Hyosung Spandex (Zhuhai) Co., Ltd. TEL.86-756-778-5800 Haicheng Industrial Area, Airport Road, Sanzao, Jinwan, Zhuhai, Guangdong, China FAX.81-6-6261-0884 TEL.86-575-8413-5861 FAX.86-575-8413-5860 Hyosung Japan Osaka Branch KOKU.S.A.I Building 13/F, 3-13, 2-Chome, Azuchi-Machi, Chuo-Ku, Osaka, Japan TEL.81-6-6264-0778 Hyosung Spandex Corporation Shaoxing Office Rm 802, 8th Floor, Time Square Building, Keqiao Town, Shaoxing, China Hyosung Spandex Corporation Zhangjigang Office A-5088# Guotai Times Square, Middle Renmin Road, Zhangjigang, China TEL.86-512-5879-7829 FAX.86-512-5879-7826 Hyosung Corporation Kuala Lumpur Office TEL.60-3-2031-2416 Suite 24-04, Level 24 Wisma Goldhill, No.67, Jalan Raja Chulan, 50200 Kuala lumpur, Malaysia FAX.60-3-2031-2417 Hyosung Spandex Corporation Fujian Office TEL.86-595-8308-2282 6E2, 6th Floor, Jinbo Business Center Building, 87 Road, Shishi city. Fujian, China FAX.86-595-8856-2185 MYANMAR Hyosung Spandex Corporation Qingdao Office TEL.86-532-8077-2897 Rm302 of Unit 2, No.2 Building Ivdaojiayuan,No.16A,South Fuzhou Road, Qingdao, China FAX.86-532-8077-2529 Zhangjiagang Xiao-sha coil Service Co., Ltd. North of Yangjiang Road, Jinfeng Town Zhangjiagang, Jiangsu, China FAX.86-512-5855-3404 Hyosung Corporation Manila Office TEL.632-848-6204 12/F Unit 1203, Ayala Tower 1, Ayala Triangle, Ayala Avenue, Makati City, Philippines Hyosung Sumiden Steel Cord (Nanjing) Co., Ltd. TEL.86-25-6698-9740 No.19, Hengfa Road, Economic & Technology Development Zone, Nanjing, Jiangsu, China FAX.86-25-6698-9729 SINGAPORE Hyosung Steelcord (Qingdao) Co., Ltd. TEL.86-532-8683-9000 No.15, Huanghe West Road, Qingdao Economic and Development Zone, Shandong, China FAX.86-532-8683-9011 Baoding Hyosung Tianwei Transformer Co., Ltd. No.3888 Chaoyang North Road, Baoding, Hebei, China TEL.86-312-332-8310 FAX.86-312-332-8307 Hyosung (Taiwan) Corporation TEL.886-2-2758-4636 1714, 17/F, International Trade Building, No.333, Sec1, Keelung Road, Taipei 110, Taiwan, R.O.C. FAX.886-2-2729-6410 Nantong Hyosung Transformer Co., Ltd. No.88, Xiaoxing Avenue, Haian Development Zone, Jiangsu, China TEL.86-513-8890-5598 FAX.86-513-8881-6379 Hyosung Corporation Kaohsiung Office 7F-6, No.251, Min Chuan 1st Road, Kaohsiung, Taiwan, R.O.C. FAX.886-7-226-8530 Beijing Hyosung Computer Technology Co., Ltd. No.202, Lize Zhongyuan, Wangjing, Chaoyang District, Beijing, China TEL.86-10-6439-2551 FAX.86-10-6439-2596 THAILAND INDIA INDONESIA MALAYSIA TEL.86-512-5856-5180 TEL.86-10-6512-9692 FAX.86-10-6512-0031 Hyosung Corporation Chongqing Office TEL.86-23-6757-8143 FAX.86-23-6757-0420 Room No.15-8, Yangtze River Chamber Building, No.5 Longshan Yi Lu, Longshan Street, Yubei District, Chongqing, China Hyosung Corporation Guangzhou Office TEL.86-20-8778-7988 Unit 818, South Tower, World Trade Center Complex, 371-375 Huanshidong Lu, Guangzhou, Guangdong, China FAX.86-20-8765-9962 Hyosung Corporation Shanghai Office TEL.86-21-6209-0123 Room No.1115, Shanghai International Trading Center No.2201, Yan An Xi Road, Shanghai, China FAX.86-21-6209-3008 Hyosung Corporation Wuhu Office TEL.86-553-596-3705 Room No.903, Crowne Business Building No.77, North Zhongshan Road, Anhui, China FAX.86-553-596-3116 FAX.852-2845-5752 FAX.91-12-4401-0017 FAX.62-21-526-6473 Myanmar Hyosung Co., Ltd. TEL.95-1-660927, 707915 Rm 702, Tower 2, 7 Miles Avenue, Coner of Parami Road and Pyay Road, Mayangon Township, Yangon, Myanmar PHILIPPINES GST Automotive Safety (Changshu) Co., Ltd. TEL.86-512-52831711 Jinlin Road, Changshu Southeast Economic Zone 215522, Changshu, Jiangsu, China Hyosung Corporation Beijing Office Room No.501 5/F, Scitech Tower, No.22 Jian Guo Men Wai Street, Beijing, China Hyosung International (HK) Ltd. TEL.852-2845-6778 Unit 1918, 19/F, Miramar Tower, 132 Nathan Road, Tsimshatsui, Kowloon, Hong Kong 80 +81 Hyosung Singapore Pte, Ltd. 250, North Bridge Road #16-03, Raffles City Tower, Singapore 179101 TEL.656-337-2079 TAIWAN TEL.886-7-226-2021 FAX.632-848-6208 FAX.656-339-4504 Sumiden Hyosung Steel Cord (Thailand) Co., Ltd. TEL.66-38-036-322 7/325 Moo 6, Tambol Mabyangporn, Amphur Pluakdaeng, Rayong Province 21140, Thailand FAX.66-38-036-321 Hyosung Corporation Bangkok Office 14FL. Room No. 1404, One Pacific Place 142 Sukhumvit Road, Bangkok, Thailand FAX.66-2-653-2030 TEL.66-2-653-2031~3 U.A.E. Hyosung Corporation Dubai Office TEL.971-50-651-1382 P.O.Box 15287, Office No.804, Green Tower, Al Buteen Street , Deira, Dubai, U.A.E. VIETNAM Hyosung Vietnam Co., Ltd. N2 Street, Nhon Trach 5 Industrial Zone, Dong Nai Province, Vietnam TEL.84-613-569-445 FAX.84-613-569-230 Hyosung Corporation Hochiminh Office TEL.84-8-3825-1617 5/F, Unit 5B2, Han Nam Officetel 65 Nguyen Du Street, District 1, Hochiminh City, Vietnam FAX.84-8-3823-1971 Global Excellence H Y O S U N G Europe Czech Republic GST Automotive Safety Czech s.r.o. Brnenska 559, CZ-56943, Jevicko, Czech Republic GERMANY U.S.A Hyosung Holdings U.S.A., Inc. (Headquarter) TEL.1-704-790-6110 15800 John J. Delaney Drive, Brixham One Building, Suite 250 Charlotte, NC 28277, U.S.A. FAX.1-704-790-6109 Hyosung U.S.A., Inc. (Headquarter) TEL.1-704-790-6100 15800 John J. Delaney Drive, Brixham One Building, Suite 575 Charlotte, NC 28277, U.S.A. FAX.1-704-790-6119 Hyosung Corporation Frankfurt Office Martin-Behaim Str.12, 63263 Neu-Isenburg, Frankfurt, Germany TEL.49-6102-74120 FAX.1-256-340-2213 TEL.49-7622-68846-115 Hyosung U.S.A., Inc. (Decatur Plant) 500 19th Avenue SE Decatur, AL 35601, U.S.A. TEL.1-256-340-2215 GST GmbH - Maulburg Hollsteiner Straße 25, DE-79689, Maulburg, Germany FAX.1-714-989-8901 TEL.49-7622-68846-115 Hyosung U.S.A., Inc. (L.A. Office) 910 Columbia Street, Brea, CA 92821, U.S.A. TEL.1-714-989-8900 GST GmbH - Murg Murgtalstraße 29, DE-79730, Murg, Germany FAX.1-646-304-6428 TEL.49-7622-68846-115 Hyosung U.S.A., Inc. (New York Office) 5 Penn Plaza, 23rd Fl. New York, NY 10001, U.S.A. TEL.1-551-333-9271 GST GmbH - Hanner Landstrasse 46, Germany-79730, Murg, Germany TEL.49-7622-68846-115 GST LLC - Greensboro 3107 Brassfield Road, Suite 200, 27410 Greensboro, NC, U.S.A. TEL.1-336-458-0700 GST GmbH - Bad Sackingen Trottacker 46, DE-79713, Bad Sackingen, Germany GST LLC - South Hill 1556 Montgomery Street, South Hill, VA 23970, U.S.A. TEL.1-434-447-7629 HICO America Sales and Technology, Inc. Three Penn center west, Suite 300, Pittsburgh, PA 15276, U.S.A. TEL.1-412-787-1170 FAX.1-412-787-2270 FAX.1-972-956-9096 ITALY Hyosung Europe S.R.L. Via del Tecchione 34, 20098 San Giuliano Milanese (MI), ltaly FAX.49-6102-74129-0 TEL.39-02-9886-251 FAX.39-02-9828-2481 TEL.352-26817-601 FAX.352-26817-703 Nautilus Hyosung America, Inc. 6641 N. Belt Line Road, Suite 100, Irving, TX 75063, U.S.A. TEL.1-972-350-7600 Hyosung Luxembourg S.A. 6, Rue de L’Industrie L-7737 Colmar-Berg, Luxembourg TEL.352-26818-203 FAX.352-26818-208 Nautilus Hyosung GSC (Global Software Center) 2835 Miami Village Drive, Suite110, Miamisburg, OH 45342, U.S.A. TEL.1-937-203-4900 Hyosung Wire Luxembourg S.A. 8, Route de Bissen, L-7759 ROOST(BISSEN), Luxembourg LUXEMBOURG Poland GST Automotive Safety Poland Sp.z o.o. Ul.Legionow 202/210, Pl-42-200, Czestochowa, Poland Romania GST Automotive Safety RO S.R.L. Str. Mihai Viteazu nr 92 RO-545400 Sighisoara, Romania RUSSIA Central & South America TEL.48-34-3775-100 TEL.7-495-956-5172 FAX.7-495-956-5072 Hyosung Russia LLC. Office D105, Park Place, Leninsky Prospekt 113/1, Moscow, 117198, Russia TEL.7-495-956-5172 FAX.7-495-956-5072 Hyosung Corporation Barcelona Office Calle Valencia 243-245, 6-3 08007(Barcelona), Spain TURKEY Hyosung Istanbul Tekstil Ltd Sti C.O.S.B. Faith Bulvari 13, Sok, No:3 Cerkezkoy, Tekirdag, Turkey TEL.34-93-430-7735 FAX.34-93-410-1737 TEL.90-282-758-3070 FAX.90-282-758-3300 Hyosung Corporation Istanbul Office TEL.90-212-284-1601 Buyukdere Caddesi Noramin Is Merkezi NO:237 Kat:3 Daire:306 34398 Maslak Istanbul, Turkey South Africa GST Automotive Safety South Africa (Proprietary) Limited 19 Kelly Road, Hammarsdale 3700 Kwazulu Natal, South Africa TEL.27-317-361-016 BRAZIL Hyosung Brasil Industria E Comercio De Fibras Ltda. BR 101, Km 69, S/N, Rainha, Araquari, CEP 89245-000, SC, Brasil TEL.55-47-3452-0096 FAX.55-47-3452-0279 Hyosung Brasil Ltda. TEL.55-19-3469-2633 FAX.55-19-3469-2633 Avenida Nicolau Joao Abdalla, 2320, Lote1, Quadra Gleba, Bairro Vila Bertini, CEP 13473-625 Americana, SP Brasil TEL.40-265-774550 Hyosung Corporation Moscow Office Office D105, Park Place, Leninsky Prospekt 113/1, Moscow, 117198, Russia SPAIN Africa North America TEL.420-461-364-100 82 + 83 FAX.90-212-284-1609 Hyosung Do Brasil TEL.55-11-3284-6436 Av. Eng.Luis Carlos Berrini, 1297 Conj 142, Brooklin, Edificio Sudameris, Sao Paulo, Brasil FAX.55-11-3285-1957 Nautilus Hyosung Brasil Office TEL.55-11-2165-6811 Rua Joaquim Floriano, 466-cjto604, Edificio Brascan Corporate Century-Itaim 04534-010, Sao Paulo, Brasil MEXICO Hyosung Corporation Oficina de Mexico TEL.52-55-5250-2790 Paseo de Tamarindos 90, Torre 1, Piso10, Col. Bosques de las Lomas, C.P. 05120, Mexico D.F., Mexico GST Automotive Safety Components International S.A. de C.V. Calle Pedro Loyola #1063-A, 22890 Col. Carlos Pacheco, Mexico PANAMA FAX.52-55-5540-2078 TEL.52-646-172-3600 Hyosung Corporation Panama Office TEL.507-214-8968 FAX.507-214-8971 International Business Center Piso 8, AVE. Manuel Espinosa Bantista Bella Vista, Apdo. 0819-06390, Panama City, Republic of Panama Generation after Generation Global Excellence H Y O S U N G What we make is the Hope for a better tomorrow that we wish to pass on to the next generation. Business starts with people. People build technologies and make products. Hyosung will continue to invest in people who can build and lead a reliable company. It is Hyosung’s firm belief that “What we do is simply making a better tomorrow.” 84 + 85