Profile

Transcription

Profile

Profile
2014
Contents
/
Chairman’s Message / 02
Vision / 06
Quality Growth Inspired / 08
Quality Growth Expanded / 28
Profile / 35
Businesses / 47
Social Responsibility / 81
is dedicated to
our employees,
partners, and society.
We help the environment by
producing renewable energy
around the world,
and match our customers with
convenient financial services
and premium shopping
and leisure experiences.
thrives on
our customers’ energy,
and they prosper through ours.
This is the heart of our
“Quality Growth” vision.
02-03
Profile 2014
Chairman’s
Message
Chairman’s
Message
We will be the sustainable energy
for your future.
has played an important leadership role in establishing the nation’s key strategic industries, successfully overcoming waves of dynamic
market change and turbulent economic cycles by consistently implementing
a philosophy of innovation and by making bold investments in our future.
Through our relentless pursuit of excellence,
has evolved into a
global business group powered by three core pillars: manufacturing & construction, finance, and services & leisure.
Despite the prolonged financial crisis encircling the globe,
contin-
ues to expand with our shared vision of “Quality Growth.”
has been working hard to strengthen the global competencies of
our new businesses, while at the same time enhancing our business structure by focusing on specific businesses such as energy, chemicals, advanced materials and finance. This is how we will create a brighter future.
The acquisition of the solar energy business completed
’s total
vertical integration after it was first introduced as a new growth engine for
the company in 2010. And in 2012, the Group acquired Q.CELLS, a solar
system pioneer with truly state-of-the-art technology. It was renamed
and the breakthrough immediately vaulted us firmly into
the top tier of solar solution companies worldwide. With Germany in the
04-05
Profile 2014
Chairman’s
Message
center, we are expanding to major markets around the world based on our
As we look ahead, it is clear that the global economy is still under pressure
R&D network in Korea, America and China, while strengthening our techno-
and we must remain vigilant and diligent as we face our challenges.
logical competitiveness.
will continue to expand our global footprint, and extend our leadership in all
has also been attracting the attention of world-renowned competitors in the construction sector after we signed a contract for USD 8 billion
the areas in which we operate. And we will seek to make a difference in everything that we do.
to build a new city in Bismayah, Iraq. It is the single largest project ever won
Because above all, we know that we cannot achieve success alone.
by a Korean construction company. This important postwar rebuilding effort
wishes to grow together with local communities, our shareholders, part-
will be long remembered as a project that brought hope to the Iraqi people.
ners, and customers. Based on our group philosophy of going further to-
is also extending business opportunities in the financial sector,
making great strides to expand our presence in overseas markets. Our first
overseas operation was established in Vietnam in 2009 under the
Life banner. The company is also providing advanced financial services in
China and Indonesia based on its experience and know-how acquired since
entering the Vietnamese market.
gether, we aim to see farther and think bigger as a leading and responsible
corporate citizen. Making a contribution to the prosperity of mankind and a
healthy future of the Earth is our calling and our very reason to exist. It’s a
mission that we have been reminding ourselves about continuously for the
past sixty years.
Please join us on this very meaningful journey.
In the services & leisure sector, we have been striving to provide attractive
and personalized services by constantly renewing our offerings.
will
continue to invest in its core growth industries and grow into a substantially
competitive company, deploying a strategy of “selection and concentration.”
Seung Youn Kim
Chairman
06-07
Profile 2014
Vision
Laying solid foundations
for quality growth around the globe
Overview
Founded in 1952,
Vision
is a global leader in a broad range of business spanning the spectrum of
Our “Quality Growth 2020” vision embodies our commitment to be an industry leader in each of our exist-
consists of 51 domestic
ing business areas. We will continue to build a corporate culture that fosters mutual growth and prosper-
manufacturing, construction, finance, services and leisure industries.
affiliates and 113 overseas networks,* which together provide our numerous customers around the globe
ity for our employees and all our stakeholders.
with premier products and services. Continuously pushing forward, we are once again preparing to embark
on a new challenge and to take a major leap forward by aggressively investing in our new growth engines
of solar energy business, laying the foundation for quality growth that will contribute to making the world
Quality Growth 2020
a cleaner, eco-friendlier, and healthier place to live.
* As of December 31, 2013
Business Areas
Manufacturing &
Construction
We have been strengthening our
key businesses, including solar
energy, chemicals, materials,
and overseas construction.
Finance
We provide total financial services and solutions including
insurance, asset management,
investments, and securities.
Services &
Leisure
Growth
Excellence
Transformation
Foster businesses that drive
sustainable growth.
Pursue leadership
in each field of business.
Build a customer-centric,
results-driven corporate culture.
We are bringing new value and
enjoyment to life as Korea’s
foremost premium services and
leisure provider.
Solar Energy
Globalization
Lead in responding
to the challenges of
energy depletion and
climate change.
Focus on growth
and value-added
businesses.
Hanwha Spirit and Core Values
Behind our achievements is the spirit of “Trust and Loyalty.” The core values that unite us are “Challenge,
Dedication, and Integrity.” Together, these values form the driving force that innovates the corporate
culture and are the standards for how we will achieve our growth vision.
Challenge
Dedication
Integrity
Never be satisfied with the
status quo. Pursue excellence
through change and innovation.
Be loyal to customers, the company,
and colleagues. Strive to achieve
ever-greater goals.
Act honestly and fairly based on
honor and principle.
Holistic
Services
Lead in enhancing
every aspect of life from
financial security to
leisure and health.
NEW
GROWTH
ENGINES
GLOBAL
STRATEGY
Chemicals &
materials
Localization
Synergy
Provide better values
for the lives of mankind
through future
technologies.
Become a partner
for growth in
local markets.
Foster synergy
between affiliates
on all levels.
08-09
Profile 2014
Quality Growth
Inspired
Quality Growth
Inspired
/
Creating
a brighter
tomorrow
for everyone
Sustainable
Energy
Sustainable
Community
Sustainable
Life
10-11
Profile 2014
Quality Growth
Inspired
1.
Polysilicon
Leading
the world’s
solar energy
industry
2.
Equipment
Ingots /
Wafers
Cells
EVA Sheet /
Back Sheet
Modules
3.
Development
EPC
Financing
Solar
Value Chain
Integration
O&M
1
Sustainable Energy
/
Leveraging its long history of
expertise in international commerce
and its successful vertical
is taking on
integration,
a global leadership position in the
photovoltaic industry.
O’ahu Kalaeloa Renewable Energy Park in Hawaii
5MW solar plant built by Hanwha Q CELLS USA
©Craig Kojima
12-13
Quality Growth
Inspired
Profile 2014
Quality
Global leaders in the
photovoltaics industry
&
Through its top-tier quality solar products and
services, Hanwha is rapidly building a trusted
brand name and brand equity around the world.
Launched in October 2012, Hanwha Q CELLS
features some of the world’s best solar cell
technologies and R&D capacity.
Hanwha SolarOne has won recognition for its
advanced technologies and high quality products
by passing the very stringent “Long-Term
Sequential Test” conducted by TÜV Rheinland of
Germany in May 2012.
25
Year Warranty
Boasting globally-recognized product quality,
Hanwha has earned the credibility and trust of
our customers by offering a 25-year warranty for
all module products.
Capacity
3
Production Capacity
No.
The launch of Hanwha Q CELLS propelled
Hanwha’s growth into the world’s third-largest
photovoltaic producer with an annual cell
production capacity of 2.4GW, made up of
Hanwha Q CELLS’ plants in Germany (200MW)
and in Malaysia (900MW), as well as Hanwha
SolarOne’s plant in China (1.3GW).
Solar Cell Production Capacity
2.4GW
14-15
Profile 2014
R&D
Global R&D Network
4
Countries
To remain a leading global solar company,
we constantly explore new methods and
technologies. At our four state-of-the-art R&D
centers—located in Germany, Korea, China
and Malaysia—we continue to set the standard
in technology, economies of scale, and quality
control. Current R&D projects include research
into increasing efficiency and lowering costs.
We are studying solar cells using cost-efficient
silicon, ultra high-performance cells, and back
contact solar cells, along with many other
innovative products. New breakthroughs are
introduced to production as soon as possible,
resulting in innovative new products from Hanwha
and its partners around the globe.
Quality Growth
Inspired
Global Sales &
Marketing Network
36+
Countries
Over the last 60 years, we have established global
marketing and sales organizations in more than
36 countries throughout Europe, Asia, and North
America, enabling us to provide products and
services that meet our customers’ diverse needs.
16-17
Profile 2014
Quality Growth
Inspired
Bismayah
New City Project
in Iraq
Building
a brighter,
happier future
for everyone,
everywhere
Housing complex
development
Water and sewage facility,
incineration facility, roads
National housing
construction
100,000 units
Size 1,830ha
Design & Build
(design, purchasing, and construction)
2
Sustainable
Community
/
is building a new city
in Bismayah, Iraq, which is
approximately 10km southeast of
the capital, Baghdad. By 2019,
Hanwha will build out a residential
complex of 100,000 units and the
supporting urban infrastructure.
18-19
Profile 2014
Quality Growth
Inspired
Bismayah
New City Project in Iraq
Largest &
First
Currently under construction by Hanwha, the
new city in Bismayah, Iraq is the single largest
project ever won by a Korean construction
company overseas. It is also the first project in the
world where a single company is managing and
directing the entire development of such a largescale residential complex that includes 100,000
residential units.
USD 8 Billion
550,000 Persons
In 2013, the Bismayah project was selected as
an Exemplary Case for Creative Economy in
Korea. The selection noted that the project will
create 550,000 man-days annually over 7 years
and provide co-development opportunities for
100 partner companies.
20-21
Profile 2014
Quality Growth
Inspired
Philippines
Arena Project
74,000m2
Hanwha was awarded a contract in the Philippines
to construct the world’s largest domed arena with
a seating capacity of 50,000. Built on 74,000m2,
the construction of the Philippine Arena was
completed in May 2014.
Ma’aden Water and
Power Plant Project in
Saudi Arabia
160MW
Steam Turbine Generator
40,000 m3/day
Desalination Plant
Hanwha Engineering & Construction continues
to solidify its market presence in the Middle East,
having won a water and power plant project in
Saudi Arabia for Ma’aden, the state-owned coal
mining company. The plant was built as a turnkey
solution from design to construction by Hanwha
and it was successfully completed in 2010.
In February 2014, Ma’aden awarded Hanwha
a USD 935 million utility-scale chemical
construction project, further confirming its
capacity and technical ability.
22-23
Profile 2014
Quality Growth
Inspired
Insurance
Life insurance,
indemnity insurance
Asset management
Stocks, bonds, ETF, derivatives,
real estate, hedge funds, MMF
Securities
Brokerage, trading,
investment banking,
asset management
ina
Overseas business
Sustainable Life
/
is committed to providing
a total financial solution for our
clients at each stage of their lives.
We also seek continual growth
through our expansion to overseas
financial markets.
Ch
ia
es
on
Ind
V ie
t na
m
ea
Ko
r
us
3
Subsidiaries
pa
n
US
Ch
UK
ina
Total
Financial
Solution
Ja
Providing
life solutions
for a richer
tomorrow
Offices
Vietnam, China, Indonesia
24-25
Quality Growth
Inspired
Profile 2014
3
Sino-Korea Life in China
2015 Top
Sino-Korea Life began its operation in Zhejiang,
China in January 2013. They offer localized and
customized services based on Hanwha Life’s
superior sales training, customer service, and
underwriting expertise. Hanwha aims to become
one of the top three foreign-affiliate life insurers in
the local market by 2015.
197
Bancassurance Branches
3
Offices
(As of the end of December 2013)
At the Center of
New Growth
Vietnam is emerging as the center of new growth
in Southeast Asia, promising unlimited insurance
market potential. Hanwha has been experiencing
rapid growth since its entry into the Vietnamese
market in 2009.
6,457
Financial Planners
34
Offices
(As of the end of December 2013)
26-27
Profile 2014
Quality Growth
Inspired
Total Financial Solution
Total
Financial
Solution
Hanwha Finance Plaza offers comprehensive
financial solutions, ranging from life insurance to
asset management. Hanwha’s experts provide
customers with comprehensive, convenient,
one-stop professional financial planning services.
Insurance
Asset
Management
Securities
Our insurance affiliates
are Korea’s first and
among the largest
insurance providers,
offering coverage
for everything from
automobile to life.
To meet our customers’
needs, Hanwha Asset
Management actively
provides a variety of
asset classes.
We are strengthening
our areas of core
expertise, such as
brokerage, trading, and
investment banking. We
are also adding asset
management services.
28-29
Profile 2014
Quality Growth
Expanded
Quality Growth
Expanded
/
Caring for
planet Earth
China
SOUTHEAST
Asia &
Middle
East
Americas
Europe &
Africa
30-31
Profile 2014
Quality Growth
Expanded
Almaty
Seoul
Teheran
CHINA
Nagasaki
Bismayah
Dubai
Kuwait City
Al Khobar
Abu Dhabi
/
In China,
the world’s largest market,
we have been expanding
our solar cell and module
and PVC production bases,
while also expanding
our business
in the financial sector.
New Delhi
Hangzhou
Chongqing
Hanoi
Mumbai
/
Lianyungang
Zhangjiagang
Qidong
Shanghai
Ningbo
Guangzhou
Hong Kong
Taipei
Yangon
SOUTHEAST Asia &
Middle East
Beijing
Tokyo
Bangkok
Samut Prakan
Phnom Pehn
Ho Chi Minh
Manila
Saipan
Selangor
Kuala Lumpur
Singapore
Jakarta
We are tapping
new growth opportunities
in these regions for
all services ranging from
insurance to new urban
development and
plant construction projects.
Sydney
Synergy in
China
PVC
300,000-mtpy
1.3GW Cell
1.5GW Module
197
Bancassurance Networks
Asia
New City
5 Subsidiaries 13 Offices 100,000 Housing Units
Cell Production
900MW
34
Sales Network
Hanwha launched Hanwha China in June
2011, to manage Hanwha’s manufacture,
trade, finance, and retail businesses in
China, the biggest market in the world.
Hanwha Chemical built a 300,000-mtpy
PVC plant in China and began operations in February 2011. It now serves as
the global operating base for the rapidly
growing Chinese PVC market.
As a global photovoltaics player, the company has extensively expanded its production capacity, which today stands at
1.3GW for cells and 1.5GW for modules.
Hanwha Life began sales in China in
January 2013, working to improve the
quality of financial services available
through 3 offices and 197 bancassurance networks.
Hanwha Corp. trades steel, petrochemicals, machinery, and a multitude of other
goods and services through local subsidiaries in Japan, Singapore, Hong Kong, and
India. It has branches in Vietnam, Indonesia, Thailand, Taiwan, the UAE, the Philippines, and Myanmar, and is now expanding
in Southeast Asia.
Hanwha Q CELLS’ photovoltaic plant in
Malaysia began cell production in 2009
with an annual capacity of 900MW and
became the hub of Hanwha Q CELLS’
photovoltaic production.
Hanwha Life Vietnam has been experiencing rapid growth since it began selling
policies in April 2009. Hanwha Life further
expanded into the Southeast Asian insurance market in December 2012 with the
acquisition of a competitive insurance
company in Indonesia.
In May 2012, Hanwha E&C signed a USD 8
billion contract with Iraq’s National Investment Commission to develop a new city.
Scheduled for completion in 2019, the new
city development includes 100,000 public
housing units and all of the necessary
supporting public infrastructure.
32-33
Quality Growth
Expanded
Profile 2014
Europe &
africa
Moscow
AMERICAS
/
London
Berlin
Bitterfeld-Wolfen
Eschborn
Ismaning
/
Warsaw
Chlebovice
Budapest
Diosd
Aix-en-Provence
We are strategically
diversifying
our business portfolio
in the Americas,
including energy and
commodities investments,
property development,
and R&D in advanced materials.
San Francisco
Santa Clara
Bakersfield
Irvine
Franklin
Chicago
Bremen
Istanbul
London (Ontario)
Athens
New York
Cranbury
Forest
Opelika
Miami
Europe has been
the global leader in embracing
clean solar energy,
and we’re ideally positioned to
win market share across the
European continent
as the industry continues
to gain momentum.
Johannesburg
Sao Paulo
Business Hub
Chicago
Development Project
A Premier Provider of
Photovoltaic Solutions
Lightweight
Auto Parts
Trading
Post
High-quality
Auto Parts
World’s Leading PV R&D Solar Sales &
and Production Site
Marketing
Hanwha International’s core trading
business handles a wide variety of industrial goods such as chemicals, steel,
and machinery as well agricultural products, and processed foods.
Hanwha E&C has successfully completed a number of luxury condominium
projects in the United States, including
Chicago and New York City, since the
early 2000s. The company is currently
pursuing new residential and commercial
development projects in Chicago.
Hanwha Q CELLS USA is a vertically integrated photovoltaic solutions provider,
from high performance solar modules to
customized power plants. It has installed
more than 130MW of capacity in North
America, including the first utility-scale
solar farm on a Superfund site.
Hanwha Advanced Materials produces
lightweight automotive materials in the
US, the center of the world’s auto market, to meet the growing automobile
demand across the Americas.
Hanwha Europe trades a wide range
of industrial products such as plastics,
chemicals, machinery, solar modules,
and auto parts for markets across the
European continent.
Commissioned in 2009, Hanwha Advanced Materials’ Czech plant has its
own assembly operations and supplies
high quality auto parts to major global
automakers.
Hanwha Q CELLS is headquartered in
Germany and is one of the world’s leading
photovoltaics companies. It has a unique
setup of R&D and production with annual
production of 200MW cells and 120MW
modules, enabling the company to develop technologically leading products
and innovative manufacturing methods.
Hanwha SolarOne continues to strengthen sales in major markets such as Germany and Italy, and especially in new
strategic markets where demand for solar
is peaking, such as the UK.
34-35
Profile 2014
Profile
Profile
We’re building
a better future through
the businesses
and markets
in which we are
engaged.
Financial Highlights
Business Areas
Business Highlights
Global Network
36-37
Profile 2014
Profile
Total Liabilities
in USD Millions
97,865
86,049
SECTORTOTAL liabilities
2011
2012
2013
71,556
’s stable and consolidated management system enhances value
by building a positive environment for our stakeholders and investors.
Manufacturing & Construction
10,198
11,791
12,682
We will achieve a solid financial structure with our vision of “Quality Growth 2020” by
Finance
58,375
70,905
81,846
making rational investments and pioneering new markets.
Services & Leisure
2,983
3,353
3,337
71,556
86,049
97,865
Sales and net income are converted into US dollars at the average exchange rate of USD 1=KRW 1,094.70 in 2013, KRW 1,126.25 in 2012, and KRW 1,108.02 in 2011.
Assets, liabilities, shareholder equity are converted into US dollars at the December 31 closing exchange rate of USD 1=KRW 1,045.00 in 2013, KRW 1,063.00 in 2012, and KRW 1,159.00 in 2011.
Total Sales
35,134
30,809
SECTOR
2012
2013
TOTAL SALES
2011
2012
2013
Manufacturing & Construction 13,252 12,727
Finance
16,367 Services & Leisure
2011
2013
Total
Total
in USD Millions
18,398
19,175
SECTOR
TOTAL stockholders’ equity
2011
2012
2013
14,244
Manufacturing & Construction 7,685
8,569
8,942
15,839
18,649
Finance
6,770
7,775
8,111
2,055 2,243 2,241
Services & Leisure
1,702
2,054
2,122
31,674 30,809
35,134
16,157
18,398
19,175
Total Assets
16,157
2011
2012
2013
Total
Net Income
117,040
in USD Millions
104,447
SECTOR
87,713
TOTAL assets
2011
2012
in USD Millions
2013
898
2012
2013
SECTOR
910
net income
2011
2012
2013
869
Manufacturing & Construction 17,883 20,360
21,624
Manufacturing & Construction 417
255
353
Finance
65,145 78,679
89,957
Finance
485
537
406
4,685 5,408
5,459
-4
118
110
898
910
869
Services & Leisure
2011
2012
Total Stockholders’ Equity
in USD Millions
31,674
2011
Total
87,713 104,447 117,040
Services & Leisure
2011
2012
2013
Total
Business Areas
Business Highlights
Global Network
38-39
Profile 2014
Profile
Business Areas
11
6 &8
3
7
9
5
2
9
10
4
1
1
Manufacturing & Construction
1
5
Yeochun NCC
2
3
Finance
Services & Leisure
6
9
7
10
6
8
11
4
4
4
Business Areas
Business Highlights
Global Network
40-41
Profile 2014
Profile
Business Highlights
Manufacturing &
Construction
Finance
Services &
Leisure
Business Profile
Business Profile
Business Profile
Our manufacturing & construction affiliates are strengthening
their core competencies in rapidly growing new businesses. We
strive to maintain world-class competency in different fields, such
as chemicals, materials, defense industry applications, and
aviation. In the construction sector, we won a USD 8 billion new
city development project in Iraq in 2012, as well as other sizable
projects around the world. Our vertically-integrated solar value
chain positions us as an established global leader in the photovoltaic industry.
Our financial affiliates continuously evolve their customer services to reflect today’s fast-changing capital markets and address
individuals’ diverse financial objectives. In the life insurance sector, we utilize our experience and expertise to provide reliable
products to customers in Korea and Vietnam. In addition, we
began operations in China and acquired an Indonesian life insurance company, realizing a plan to enter emerging markets in
Asia. In the areas of insurance, asset management and securities, customers have given us high ratings. We have been providing stable financial asset management for our individual and
corporate customers.
’s services & leisure affiliates are constantly looking to
create new and innovative ways to improve customer experiences. Our resort business is now in the middle of a major renovation cycle. This will include a new premium resort chain and a
group of world-class aquariums across Korea named
Aqua Planet spanning Yeosu, Jeju, and Ilsan.
is
also enhancing its status as Asia’s number one premium retailer.
2013 Sales
2013 Sales
2013 Sales
in USD Millions
in USD Millions
As a leader in the world’s solar energy industry,
completed a polysilicon plant
in 2013 and achieved vertical integration of
its polysilicon-cell & module-power generation
system. Based on this integrated system,
we have won large projects in
China, Japan, UK and South Africa,
further strengthening our position in the world
as a global solar energy expert.
The Bismayah New City Project in Iraq is
being carried out smoothly and according to
plan.
is stepping up to win additional
reconstruction work in Iraq.
has
begun its operations in China after commencing
business in Vietnam to position itself as a
global insurer.
For the fiscal year running from April 1, 2012
to March 31, 2013
in USD Millions
Business Highlights
Global Network
42-43
Profile 2014
Profile
San Francisco
Aix-en-Provence
Santa Clara
Bakersfield
Irvine
Chicago
Opelika
Global Network
Bremen
Franklin
London (Ontario)
Forest
Chongqing
London
Guangzhou
Eschborn
Beijing
Ismaning
Lianyungang
Bitterfeld-Wolfen
Hangzhou
Berlin
Ningbo
Chlebovice
Zhangjiagang
Diosd
Shanghai
Budapest
Qidong
Athens
With 51 domestic affiliates and
113 networks worldwide,*
Warsaw
Moscow
is
Istanbul
securing competencies across industries
and countries. The technology and
networks we built over the past sixty years have
New York
allowed us to succeed on the global stage.
Tokyo
Cranbury
will continue to improve the
Mumbai
Miami
quality of life for its customers all over the globe
through strategic acquisitions and
New Delhi
Sao Paulo
establishing new ventures.
Bismayah
Seoul
Yangon
Saipan
Bangkok
Taipei
Manila
Samut Prakan
Kuwait City
*As of end of 2013
Nagasaki
Almaty
Selangor
Al Khobar
Kuala Lumpur
Tehran
Singapore
Abu Dhabi
Sydney
Hanoi
Dubai
Ho Chi Minh
Johannesburg
Jakarta
Hong Kong
Phnom Penh
Major Overseas Subsidiaries & Affiliates
Americas
Brazil
Canada
Canada
Canada
USA
Asia, Middle East and Oceania
(Trading)
Canada Development (Solar power system installation)
Australia
China
(Solar downstream)
Beijing
Solar Canada (Sales and marketing)
(Supporting Hanwha affiliates in China)
Beijing
(Trading)
(Auto parts)
Cambodia Amru and
India
USA Eagle Petroleum (Oilfield development)
Hangzhou Sino-Korea Life (Life insurance)
Indonesia PT.
USA
Hong Kong
Japan
(Solar downstream)
USA
(Sales and marketing)
USA
(Bearing)
USA
America Development (Real estate development)
USA
USA
USA
USA
USA
Alabama (Auto parts)
(Manufacturing and sales)
(Auto parts)
(Machine tool sales)
(Investment)
Lianyungang
Europe & Africa
Czech Republic
France
Germany
(Auto parts)
(Trading)
Technology (PV ingots, wafers)
Japan
(Life insurance)
(Golf club and resort operation)
(PVC resin)
Malaysia
Qidong
(PV cell, module and R&D)
Malaysia
(PV cell and R&D)
Shanghai
Shanghai
(PV cell, module, and R&D)
Shanghai
Germany
Berlin Rep. Office (Sales and marketing)
Shanghai
(Trading)
(Agriculture exports)
(Trading)
Ningbo
Germany
Germany
Cambodia Think Biotech (Reforestation)
Suzhou
(Trading)
(Trading)
Office (Sales and marketing)
(Auto parts)
(Manufacturing and sales)
Saipan World Corporation (Resort operation)
Singapore
(Trading)
Saudi Arabia
Thailand
Vietnam
Global Network
(Engineering and construction)
(Alkali soluble resin)
(Life insurance)
44-45
Profile 2014
Profile
SERVICES & LEISURE
Global Directory
KOREA
MANUFACTURING &
CONSTRUCTION
Hanwha Corp.
www.hanwhacorp.co.kr
86, Cheonggyecheon-ro
Jung-gu, Seoul, Korea
Tel: 82-2-729-1881
Fax: 82-2-752-3475
Hanwha Chemical Corp.
hcc.hanwha.co.kr
Tel: 82-2-729-2700
Fax: 82-2-729-2999
Hanwha Engineering &
Construction Corp.
www.hwenc.co.kr
Tel: 82-2-729-2255
Fax: 82-2-729-2302
Hanwha Q CELLS Korea Corp.
www.hanwha.com/solar
Tel: 82-2-729-2700
Fax: 82-2-729-3003
Hanwha Advanced Materials
Corp.
www.hwam.co.kr
Tel: 82-2-729-5700
Fax: 82-2-729-1461
Yeochun NCC Co., Ltd.
www.yncc.co.kr
Korea Chamber of Commerce &
Industry Building, 8th Floor
39, Sejong-daero
Tel: 82-2-6050-2400
Fax: 82-2-6050-0888
Hanwha TechM Co., Ltd.
www.hanwhatechm.co.kr
9, Sungsanpaechong-ro
Seongsan-gu, Changwon
Gyeongsangnam-do, Korea
Tel: 82-55-280-8825
Fax: 82-55-280-4664
Hanwha Polydreamer Co., Ltd.
www.hwpd.co.kr
Pureun Building, 7th Floor
581, Gangnam-daero
Seocho-gu, Seoul, Korea
Tel: 82-2-3014-0500
Fax: 82-2-3014-0599
Dream Pharma Corp.
www.dreampharma.co.kr
Hanwha Building, 6th Floor
109, Sogong-ro, Jung-gu
Seoul, Korea
Tel: 82-2-728-7402
Fax: 82-2-728-7493
Hanwha Energy Corp.
hec.hanwha.co.kr
Tel: 82-2-729-3099
Fax: 82-2-729-3063
Asan Techno Valley Co., Ltd.
www.hcd21.co.kr
Seyoung Building, 15th Floor
199, Gwongwang-ro, Paldal-gu
Suwon, Gyeonggi-do, Korea
Tel: 82-31-8014-7000
Fax: 82-31-8014-7009
Seosan Techno Valley Co., Ltd.
www.hcd21.co.kr
Tel: 82-31-8014-7000
Fax: 82-31-8014-7009
Gimhae Techno Valley Co., Ltd.
www.hcd21.co.kr
Jeongwu Building, 5th Floor
55, Naeoejungang-ro, Gimhae
Gyeongsangnam-do, Korea
Tel: 82-55-320-5700
Fax: 82-55-320-5709
Gyeonggi Hwaseong Bio Valley
Co., Ltd.
www.hcd21.co.kr
Tel: 82-31-8014-7000
Fax: 82-31-8014-7009
FINANCE
Hanwha Life Insurance Co., Ltd.
www.hanwhalife.com
50, 63-ro
Yeongdeungpo-gu, Seoul, Korea
Tel: 82-2-789-6114
Fax: 82-2-784-7217
Hanwha
General Insurance Co., Ltd.
www.hwgeneralins.com
56, Yeoui-daero
Tel: 82-2-316-0565
Fax: 82-2-316-8443
Hanwha
Asset Management Co., Ltd.
www.hanwhafund.com
50, 63-ro
Tel: 82-2-6950-0000
Fax: 82-2-6950-0009
Hanwha Investment &
Securities Co., Ltd.
www.koreastock.co.kr
56, Yeoui-daero
Tel: 82-2-3772-7000
Fax: 82-2-3772-7099
Hanwha Investment Co., Ltd.
www.hanwhainvestment.co.kr
50, 63-ro
Tel: 82-2-559-2699
Fax: 82-2-559-2609
Hanwha Savings Bank
www.hanwhasbank.com
139, Bucheonno, Wonmi-gu
Bucheon, Gyeonggi-do, Korea
Tel: 82-32-657-5000
Fax: 82-32-666-2320
Hanwha Hotels &
Resorts Co., Ltd.
www.hwrc.co.kr
Tel: 82-2-729-3849
Fax: 82-2-729-3879
Hanwha Galleria Co., Ltd.
www.hanwhagalleria.co.kr
Hanwha Life Building
92, Sejong-daero
Tel: 82-2-410-7114
Fax: 82-2-414-0025
Hanwha Galleria Timeworld
Co., Ltd.
Timeworld Store
211, Daedeok-daero
Seo-gu, Daejeon, Korea
Tel: 82-42-480-5000
Fax: 82-42-480-5544
Hanwha 63 City Corp.
www.63realty.co.kr
50, 63-ro
Tel: 82-2-789-6363
Fax: 82-2-789-5678
Hanwha S&C Co., Ltd.
www.hsnc.co.kr
Tel: 82-2-729-2100
Fax: 82-2-729-1979
Hanwha Station
Development Co., Ltd.
www.hwsd.co.kr
405, Hangang-daero
Tel: 82-2-390-4000
Fax: 82-2-390-4004
Hancomm Inc.
www.hancomm.co.kr
Hanwha Life Building
92, Sejong-daero
Tel: 82-2-6366-8400
Fax: 82-2-6366-8401
Hanwha Eagles
Professional Baseball Club
www.hanwhaeagles.co.kr
Hanbat Sports Complex
373, Daejong-ro
Jung-gu, Daejeon, Korea
Tel: 82-42-630-8200
Fax: 82-42-632-2929
Bugil Foundation
www.bugil.hs.kr
San 11-1, Sinbu-dong, Cheonan
Chungcheongnam-do, Korea
Tel: 82-41-520-8866
Fax: 82-41-520-8889
CHINA
Hanwha China
Beijing Kerry Center
South Tower, 10th Floor
1 Guanghua Road, Chaoyang
Beijing 100020, China
Tel: 86-10-6583-7777
Fax: 86-10-6517-7919
Hanwha (H.K.) Co., Ltd.
Unit2709, The Center
99 Queen’s Road, Central
Hong Kong
Tel: 852-2529-9325
Fax: 852-2529-4678
Hanwha (H.K.) Co., Ltd.
Shanghai Representative
Office
RM 2405/2406
Manpo International Plaza
No 500 West Yan An Road
Chang Ning District
Shanghai 200052, China
Tel: 86-21-6217-0096
Fax: 86-21-3209-2312
Hanwha Chemical Trading
(Shanghai) Co., Ltd.
Dawning Center, East Tower
19th Floor, 500 Hongbaoshi Road
Changning, Shanghai 201103, China
Tel: 86-21-6278-5556
Fax: 86-21-6278-8728
Hanwha Chemical
(Ningbo) Co., Ltd.
No.55, Huandao North Road
Daxie Development Zone
Ningbo, Zhejiang 315812, China
Tel: 86-574-8675-1088
Fax: 86-574-8675-1067
Hanwha SolarOne
(Qidong) Co., Ltd.
www.hanwha-solarone.com
888 Linyang Road, Qidong
Jiangsu 226200, China
Tel: 86-513-8360-6222
Fax: 86-513-8360-6376
Hanwha SolarOne (Shanghai)
Co., Ltd.
Room 605-606, Yongda
International Tower
2277 Longyang Road, Pudong
Tel: 86-21-3852-1666
Fax: 86-21-3852-1668
Hanwha SolarOne
Technology Co., Ltd.
66 Dapu Road
Lianyungang ECO & TECH.
Development Zone, Lianyungang
Tel: 86-518-8115-1111
Fax: 86-518-8115-1211
(Beijing) Co., Ltd.
Zhongguancun Science Park
(East Sector) Changping Zone
4 Lixiang Road
Tel: 86-10-6073-5588
Fax: 86-10-6073-5459
(Shanghai) Co., Ltd.
Jiading Industrial Zone
1201 Xingrong Road
Tel: 86-21-3996-3996
Fax: 86-21-3996-3911
Hanwha TechM (Suzhou)
Co., Ltd.
North Side of Sigang Segment
Zhangyang Road, Zhangjiagang
Economic and Technology
Development Zone, Zhangjiagang
Tel: 86-512-8959-8910
Fax: 86-512-8959-8365
Sino-Korea Life Insurance
Co., Ltd.
24th Floor, Tower A UDC Building
8 Xin Ye Rd, QianJiangCBD
Hangzhou 310016, China
Tel: 86-571-8583-7888
Fax: 86-571-8583-8999
Hanwha Life
(A Liaison Office in Hong Kong)
Unit 2709, 27th Floor, The Center
99 Queen’s Road, Central, HK
Tel: 852-2169-0612
Fax: 852-2529-4698
Hanwha Corporation
Beijing Representative Office
Beijing Kerry Center, South Tower
10th Floor, 1 GuangHua Road
Chaoyang District
Tel: 86-10-6583-7978
Fax: 86-10-6583-7999
Hanwha Corporation
Guangzhou Representative
Office
Room 1903, West Tower
Fortune Plaza, #114-118
Tiyudong Road, Guangzhou, China
Tel: 86-20-3893-1567
Fax: 86-20-3893-2760
Hanwha Corporation
Chongqing Representative
Office
Rm 24, 12/F, No. 9
Du Hui Shou Zhan, No 6
XinGai Avenue, YuBei District
Chongqing, China
Tel: 86-23-6768-2871
Fax: 86-23-6768-1627
Hanwha Chemical
Tel: 86-10-6583-7960
Fax: 86-10-6583-7957, 7959
Hanwha Chemical
Shanghai Representative Office
Dawning Center, East Tower
19th Floor, 500 Hongbaoshi Road
Changning, Shanghai 201103, China
Tel: 86-21-6278-5556
Fax: 86-21-6278-8728
Hanwha Chemical
Guangzhou Representative Office
Fortune Plaza, West Tower
Suite 1905, 116-118 Tiyudong Road
Guangzhou, China
Tel: 86-20-3893-1553
Fax: 86-20-3893-1546
Hanwha Life
Tel: 86-10-6583-7921
Fax: 86-10-6583-7925
JAPAN
Hanwha Q CELLS Japan Co., Ltd.
10-1, Shiba-4 chome, Minato-ku
Tokyo 108, Japan
Tel: 81-3-5441-5900
Fax: 81-3-5441-5921
Acropark Golf Corp.
Tonegou 95, Kinkaitso, Nagasakisi
Nagasakiken, Japan
Tel: 81-95-884-3737
Fax: 81-95-884-2535
Hanwha Life
Tokyo Representative Office
10-1, Shiba 4-chome
Minato-ku, Tokyo 108, Japan
Tel: 81-3-5441-5906
Fax: 81-3-5441-5921
SOUTHEAST ASIA &
MIDDLE EAST
Hanwha International (S) Pte.
Ltd.
4 Shenton Way
#15-05/06 SGX 2 Center
Singapore 068807
Tel: 65-6227-3139
Fax: 65-6227-9337
Think Biotech (Cambodia)
Co., Ltd.
#24 St. 337 Sangkat Boeung Kak I
Khan Tuol Kork
Phnom Penh, Cambodia
Tel: 855-23-990-214
Fax: 855-23-990-215
Amru and Hanwha International
Co., Ltd.
#15, Phum Boeung Salang
Sangkat Russei Keo
Khan Russei Keo, Phnom Penh
Cambodia
Tel : 855-23-990-987
PT. Hanwha Mining Services
Indonesia
Menara Citicon. Unit F2, 11th Floor
JL. Letjen S. Parman Kav. 72
Jakarta 11410, Indonesia
Tel : 62-21-2930-8840~1
Fax : 62-21-2930-8837
Hanwha Chemical
Malaysia Sdn. Bhd.
Suite No 22.04, Level 22, Menara
Citibank 165, Jalan Ampang
Kuala Lumpur 50450, Malaysia
Tel: 60-019-228-1601
Hanwha Chemical
(Thailand) Co., Ltd.
www.hanwhath.com
377 Moo 17, Bangna-Trad Road
Bangsaothong, Bangsaothong
Samut Prakan 10540, Thailand
Tel: 66-2-315-3204
Fax: 66-2-315-3591
Hanwha
Saudi Contracting Co., Ltd.
P.O. Box 31156, 31952
Eastern Cement Tower, Suite 506
King Fahd Road
Khobar-Dammam Highway
Al-Khobar, Saudi Arabia
Tel: 966-3-881-2193
Fax: 966-3-881-2199
Hanwha Q CELLS Malaysia
Lot 1, Jalan SP 2, Seksyen 2
Selangor Science Park 2, Cyberjaya
Selangor 63300, Malaysia
Tel: 60-3-83-15-00-00
Fax: 60-3-83-20-26-60
Hanwha Q CELLS
Australia Pty. Ltd.
Level 2, 56 Berry Street
New South Wales 2060, Australia
Tel: 61-2-9455-0017
Fax: 61-2-9455-0873
Hanwha Life Insurance
Vietnam Ltd.
Fideco Tower, 14th Floor
81-85 Ham Nghi Street
Dist. 1, Ho Chi Minh City, Vietnam
Tel: 84-8-3914-9100
Fax: 84-8-3914-9101
PT. Hanwha Life Insurance
Indonesia
Ratu Plaza, Jl. Jend. Sudirman Kav. 9
Jakarta Pusat 10270, Indonesia
Tel: 62-21-8378-0882
Fax: 62-21-8372-0883
Hanwha Corporation
Taipei Representative Office
8F-4, 207, Tun-Hwan Road
Taipei, Taiwan
Tel: 886-22-547-3355
Fax: 886-22-546-9955
Hanwha Corporation
Bangkok Representative Office
Suite No.101, 10th Floor
Lake Rajada Office Complex
193/38 Rachadapisek Road
Klongtoey, Bangkok 10110, Thailand
Tel: 66-2661-9471~2
Fax: 66-2661-9263
Hanwha Corporation
Yangon Representative Office
Myawaddy Bank Complex Tower<B>
Rm. B-502 No. 151
Corner of Wartan Rd. & Bo Gyoke
Aung San Rd. Lanmadaw Township
Yangon, Myanmar
Tel: 95-1-230-1350
Hanwha Corporation
Jakarta Representative Office
S.Widjojo Building 9th Floor
JL.Jend. Sudirman 71
Jakarta 12190, Indonesia
Tel: 62-21-520-5815
Fax: 62-21-520-5810
Hanwha Corporation
Ho Chi Minh Representative Office
Saigon Riverside Office Center
15th Floor, Room 1504 2A-4A Ton Duc
Thang St., Dist.1., HCMC, Vietnam
Tel: 84-8-3822-7301
Fax: 84-8-3822-7302
Hanwha Corporation
Manila Representative Office
168 Golden Rock Building
4th Floor Unit 4022 168 Salcedo St.
Legaspi Village, Makati City 1229
Philippines
Tel: 63-2-840-1330
Fax: 63-2-893-9482
Hanwha Corporation
Almaty Representative Office
Room 48, 10th Floor
4a Nurly-Tau business center,
7 Alfarabi Prospect
Almaty 050059, Kazakhstan
Tel: 7-727-311-0273, 0274
Fax: 7-727-311-0275
Hanwha Corporation
Dubai Representative Office
2401, JBC-5 Building, Cluster W
Jumeirah Lakes Towers (JLT)
PO Box 478381, Dubai, UAE.
Tel: 971-4-360-2936
Fax: 971-4-434-2193
Hanwha Corporation
Teheran Office
No.6, 7th Floor. Sayeh Building
Valiasr St., Tehran, Iran
Tel: 98-21-2204-4274
Fax: 98-21-2204-0872
Hanwha International
India Pvt. Ltd.
N0.35, 3rd Floor, Maker Chamber III
Nariman Point, Mumbai 400021, India
Tel: 91-22-2204-3720
Fax: 91-22-2204-3719
Hanwha Chemical
New Delhi Liaison Office
Surya Kiran Building, Suite 806
#19, Kasturba Gandhi Marg
New Delhi 110001, India
Tel: 91-11-4308-5500
Fax: 91-11-4308-5555
Hanwha E&C Abu Dhabi
Representative Office
Blue Tower, Block-B
Mezzanine 5&6 Floors
Muroor Road, Abu Dhabi, UAE
Tel: 971-2-643-1003
Fax: 971-2-643-1004
Hanwha E&C
Kuwait Representative Office
Al-Madeena Tower 2, 23rd Floor
Plot 42, Block 11
Fahed Al-Salem Street, Qibla
Kuwait City, Kuwait
Tel: 965-2291-5601~3
Hanwha E&C
Iraq Representative Office
Kud Gate, Highway No. 7,
Bismayah, Baghdad, Iraq
Tel: 82-2-729-4972
AMERICAS
Hanwha International LLC
2559 Route 130
Cranbury, NJ 08512, USA
Tel: 1-609-655-2500
Fax: 1-609-655-0711
Eagle Petroleum LLC
Triangle Building, Suite 220
5201 California Avenue
Bakersfield, CA 93309, USA
Tel: 1-661-873-4684
Fax: 1-661-873-4689
Hanwha Internacional
do Brasil Ltda.
Centro Profissional Shopping
Morumbi Av Roque Petroni Junior
1089 Conj-1003 Sao Paulo-SPCep: 04707-000, Brazil
Tel: 55-11-3033-5940
Fax: 55-11-3033-5950
Hanwha Solar Canada Inc.
2860 Innovation Drive London
Ontario N6M 0C5, Canada
Tel: 1-519-457-8325
Fax: 1-519-457-9641
Alabama LLC
www.hanwhacomposites.com
4400 North Park Drive
Opelika, AL 36801, USA
Tel: 1-334-741-7725
Fax: 1-334-741-7796
Hanwha TechM USA LLC
1500 East Highwood Pontiac,
MI 48340, USA
Tel: 1-248-588-1242
Fax: 1-248-588-1246
Hanwha Azdel Inc.
2000 Enterprise Drive
Forest, VA 24551, USA
Tel: 1-434-386-4055
Fax: 1-434-385-6532
Hanwha Machinery America
Inc.
9750 South Oakwood Park Drive
Franklin, WI 53132, USA
Tel: 1-414-421-2300
Fax: 1-414-421-2380
Hanwha Life Investment
(America) Ltd.
575 Lexington Avenue, Suite 2860
New York, NY 10022, USA
Tel: 1-201-308-7944
Fax: 1-212-308-7502
World Corporation
P.O. Box 500066
Saipan, MP 96950, USA
Tel: 1-670-234-5900
Fax: 1-670-234-5909
Hanwha TechM
Hungary Co., Ltd.
MGM Co., Ltd., Gyar u. 2
Diosd 2049, Hungary
Tel: 36-23-546-301
Fax: 36-23-382-822
Hanwha Life Co., Ltd.
City Tower, Level 6
40 Basinghall Street
London EC2V 5DE, U.K
Tel: 44-207-826-4021
Fax: 44-207-7826-4029
Hanwha Europe
Warsaw Representative Office
Curtis Plaza 18 Wolska Str., 02-675
Warsaw, Poland
Tel: 48-660-282-940
Fax: 48-660-700-810
Hanwha Europe
Istanbul Representative Office
General Ali Rıza Gürcan Cd.
Merter İş Merkezi No.2 Ofis:48
Merter - İstanbul, Turkey
Tel: 90-212-481-4271
Fax: 90-212-482-7987
Hanwha Corporation
Athens Representative Office
Rizariou 2A and Mikras Asias 66
Chalandri, 15233, Athens, Greece
Tel: 30-210-685-8280
Fax: 30-210-685-8240
Hanwha Europe
Budapest Representative Office
Dayka Gabor U.3 Rubin Business
Center, Room204, 1118
Budapest, Hungary
Tel: 36-1-319-3236
Fax: 36-1-319-3234
Universal Bearings LLC
www.univbrg.com
431 North Birkey Drive
Bremen, IN 46506, USA
Tel: 1-574-546-2261
Fax: 1-574-546-5085
Hanwha TechM
Milwaukee Representative
Office
9750 South Oakwood Park Drive
Franklin, WI 53132, USA
Tel: 1-414-421-2300
Fax: 1-414-421-2380
Hanwha Corporation
Moscow Representative Office
Leninsky Prospekt 113 / 1
Park Place Business Center
Office 212D
Moscow 117198, Russia
Tel: 7-495-662-3001, 3002
Fax: 7-495-662-3003
Hanwha America
Development Inc.
225 N. Columbus Drive, Suite 100
Chicago, IL 60610, USA
Tel: 1-312-469-8093
Fax: 1-312-255-8280
Hanwha Life
New York Representative Office
575 Lexington Avenue, Suite 2860
New York, NY 10022, USA
Tel: 1-212-308-3690
Fax: 1-212-308-7502
Hanwha Q CELLS
Berlin Representative Office
Lorenzweg 5, 12099
Berlin, Germany
Tel: 49-3493-6699-0
Fax: 49-3494-6699-23000
EUROPE
Hanwha Q CELLS France Office
Immeuble le CALYPSO
25, Rue de la petite Duranne
13100 AIX EN PROVENCE, France
Hanwha Canada
Development Inc.
2860 Innovation Drive
London ON. N6M 0C5, Canada
Tel: 1-519-451-6600
Hanwha Solar America LLC
2424 Walsh Avenue
Santa Clara, CA 95051, USA
Tel: 1-408-841-4175
Fax: 1-408-841-4162
Hanwha Q CELLS USA
95 Federal Street, 2nd Floor
San Francisco, CA 94107, USA
Tel: 1-415-541-9300
Fax: 1-415-541-9301
Hanwha Q CELLS Canada
2860 Innovation Drive
London, Ontario N6M-0C5
Canada
Tel: 1-519-457-8325
Hanwha SolarOne USA Inc.
2424 Walsh Avenue
Santa Clara, CA 95051, USA
Tel: 1-408-841-4235
Fax: 1-408-841-4162
Hanwha Europe GmbH
www.hanwha.de
Mergenthalerallee 79-81
65760 Eschborn, Germany
Tel: 49-6196-5016-0
Fax: 49-6196-5016-90
Hanwha Q CELLS GmbH
www.q-cells.com
Sonnenallee17-21
06766 Bitterfeld-Wolfen, Germany
Tel: 49-3493-6699-0
Fax: 49-3494-6699-199
Hanwha SolarOne GmbH
Oskar Messter Strasse 13
85737 Ismaning, Germany
Tel: 49-89-2175-6673-0
Fax: 49-89-2175-6673-99
Czech s.r.o.
www.hanwhacz.cz
Příborská 280, Frýdek-Místek
Chlebovice 739 42, Czech Republic
Tel: 420-552-304-615
Fax: 420-595-178-280
AFRICA
Hanwha Corporation
External Profit Company
(Johannesburg)
Grayston Office Park, Block 5
128 Peter Road,
Sandown 2196 Johannesburg
Republic of South Africa
Tel: 27-11-326-5100
Fax: 27-11-326-5102
46-47
Profile 2014
Profile
History
May 2003 Sold stake in FAG-Hanwha Bearings to a joint venture
May 2004 Hanwha Advanced Materials plant completed in Beijing
May 2005 Sold stake in Korea Independent Energy Corporation to Posco
Aug.2005 Hanwha Life subsidiary established in New York
Apr. 2006 Hanwha E&C subsidiary established in Saudi Arabia
May 2006 Hanwha Advanced Materials plant completed in Alabama, USA
Jul. 2006 Established Asan Techno Valley
Oct. 1952 Founded as Korea Explosives (currently Hanwha Corp.)
Oct. 1955 Acquired explosives factory in Incheon
Jun. 1959Localized production of explosives
Aug.2006 Hanwha Advanced Materials plant completed in Shanghai
Businesses
Feb. 2007 Established Seosan Techno Valley
Nov. 2007 Hanwha Advanced Materials acquired Azdel, Inc. of the USA
Jun. 2008 Hanwha General Insurance acquired First Fire & Marine Insurance
Jun. 2008Held the 1st Hanwha Chairman’s Cup National Shooting Championship
Jan. 1964 Acquired Shinhan Bearing Industrial
Aug.1965 Established Korea Hwasung Industrial
(currently Hanwha Chemical and Hanwha Advanced Materials)
Jul. 1966 Established Taepyung Trading
(currently Hanwha Corp. Trading Division)
Sep.1968 Acquired Cheil Fire & Marine Insurance
Nov. 2008 Opened the new Hanwha Human Resources Development Center
Apr. 2009 Hanwha Life launched operations in Vietnam
Aug.2009 Hanwha Advanced Materials plant completed in Canada
Oct. 2009 Hanwha Advanced Materials plant completed in Czech Republic
Dec.2009 Daedeok Techno Valley completed
Dec.2009 Consolidated Hanwha General Insurance launched
Nov. 1969 Established Kyungin Energy
Jan. 2010 Established Gyeonggi Hwaseong Bio Valley
Dec.1972 Established Hankook Plastics Industrial
Nov. 1973 Established Taepyung Development
(currently Hanwha Hotels & Resorts)
Sep.1974 Established Union Polymer (currently Hanwha Polydreamer)
May 1975Established Bugil Foundation May 1976 Acquired Sungdo Securities
(currently Hanwha Investment & Securities)
Jan. 2010 Consolidated Hanwha Hotels & Resorts launched
Mar. 2010Hanwha Life listed on stock market
Jun. 2010Hanwha Investment & Securities acquired Prudential Investment &
Securities and Prudential Asset Management
Aug.2010 Acquired a 49.99% equity stake in Solarfun Power Holdings of China
Dec.2010Opened Galleria Center City in Cheonan, Korea
Jan. 2011 Solarfun Power Holdings renamed Hanwha SolarOne
Manufacturing
&
Construction
Jan. 2011 Launched Hanwha Golf Team
Feb. 2011 Hanwha Chemical Ningbo PVC plant launched commercial operations
Aug.1981 Seung Youn Kim appointed second Hanwha chairman
Dec.1982 Took control of Hanyang Chemical and Dow Chemical Korea
Dec.1983 Established Samhee Communications (currently Hancomm)
Dec.1985 Acquired Junga Group (currently Hanwha Hotels & Resorts)
Mar. 1986 Founded Bingrae Eagles (currently Hanwha Eagles)
Sep.1986 Acquired Hanyang Stores (currently Hanwha Galleria)
May 1988 Hankook Plastics Industrial merged into Hanyang Chemical
Oct. 1992 Korea Explosives Group renamed Hanwha Group
Dec.1995 Acquired Central Pharmaceutical (currently Dream Pharma)
Mar. 1997 Founded Bugil Girls’ High School
Dec.1997 Sold Hanwha BSF Urethane to BSF of Germany
Oct. 1998 Established FAG-Hanwha Bearings
Aug.1999Sold Hanwha Energy’s oil refinery unit and Hanwha Energy Plaza to Hyundai Oil Refinery
Mar. 2011 Established Hanwha Solar America
Apr. 2011 Established Hanwha SolarEnergy (currently Hanwha Q CELLS Korea)
May 2011 Announced new core values of challenge, dedication, and integrity
Jun. 2011 Established Hanwha China in Beijing
Sep.2011Hosted the 2011 KLPGA Hanwha Finance Classic
Sep.2011A consolidated Hanwha Asset Management launched
May 2012 Hanwha Engineering & Construction wins Bismayah New City Project
in Iraq (USD 8 billion)
Sep.2012 Hanwha Investment & Securities formed by merging
Hanwha Securities and Hanwha Investment & Securities
Oct. 2012 Korea Life Insurance changes name to Hanwha Life
Oct. 2012 Launched Hanwha Q CELLS by acquiring a German company
called Q.CELLS
Nov. 2012 Launched Hanwha Energy by merging the Yeosu Cogeneration
Plants and the Gunjang Cogeneration Plant
Dec.2012 Sino-Korea Life, a joint venture of Hanwha Life and Zhejiang International Business Group, began operations
Oct. 1999 Hanwha Eagles won the Korean Professional
Mar. 2013 Hanwha SolarEnergy changes name to Hanwha Q CELLS Korea
Apr. 2013 Beans & Berries becomes a social enterprise
Baseball Championship Series
Dec.1999 Established Yeochun NCC
Jul. 2013 Hanwha Engineering & Construction voted within the Top 10 for construction ability assessment in Korea
Jan. 2000 Acquired Dongyang Department Store
Mar. 2014 Hanwha SolarOne signs an MOU with the Wuxi New District Administrative Committee in China to develop 100MW of PV projects
Feb. 2014 Hanwha Q CELLS wins 24.3MW solar energy plant project in UK
(currently Hanwha Galleria Timeworld)
Mar. 2000 Established Hanwha Venture Capital
Oct. 2000 Held 1st Seoul International Fireworks Festival
Mar. 2001 Established Daedeok Techno Valley
Dec.2001Hanwha Corp. acquired Daewoo Electronics’ defense industry unit
(currently Gumi plant)
Dec.2002 Acquired Korea Life Insurance (currently Hanwha Life), Shindongah Fire
& Marine Insurance (currently Hanwha General Insurance), and 63 City
(currently Hanwha 63 City)
Finance
Services
&
Leisure
48-49
Profile 2014
Businesses
Manufacturing
&
Construction
Yeochun NCC
Manufacturing &
Construction
50-51
Profile 2014
Manufacturing &
Construction
Businesses
Profile &
Outlook
We’re committed to invest in tomorrow’s
technologies for the sustainable
quality growth of mankind.
’s manufacturing and construction businesses are
driving a new wave of quality growth by developing key technologies that will power tomorrow’s high-tech growth industries.
Leveraging more than six decades of expertise in the development and manufacturing of industrial explosives, as well as our
many successes in overseas markets,
contract in May 2012 for a USD 8 billion new city development
project in Bismayah, Iraq.
Since 2012,
has shown proven ability in
offering a wide range of high quality photovoltaic products,
and integrated solutions from R&D to system installation and
solar power plant development. The launch of
plans to expand our global mining services.
in 2012 significantly strengthened
’s trading division operates through 32
’s glob-
al competitiveness in its production size, boasting 2.4GW a
world-wide subsidiaries and offices. In addition to the trading
year.
business, it focuses on new growth engine businesses like the
have been enhanced with its widely recognized R&D center,
renewable energy industry and country marketing and con-
manufacturing plants in Germany and Malaysia, as well as sub-
centrates on value chain business expansion.
sidiaries in the United States, Australia, and Japan. By 2014,
is a leading petrochemical company and
’ strong competencies in solar energy
’ production capacity will reach 1.3GW.
the first in Korea to produce PVC. The chemical maker is now
is a global photovoltaic module manufac-
pushing forward to new business areas such as renewable
turer that seeks to secure leading original technology in the
energy while its petrochemical business is expanding its foot-
midstream segment, ranging from ingots to modules. It con-
hold in the global market thanks to its competitive, specialized
centrates primarily on strengthening R&D capabilities. The
value-added products.
was also the first
company’s dedicated efforts were rewarded in 2012 when the
Korean chemical company to enter the Middle Eastern market,
company’s modules passed the “Long-Term Sequential Test”
completing the construction of a plant in Saudi Arabia in 2014
conducted by TÜV Rheinland of Germany.
that produces ethylene vinyl acetate (EVA), low density poly-
is also promoting its solar energy development business
ethylene (LDPE), and wire & cable compound (W&C). The new
in North America, Europe, and Asia. It built an 18MW solar
plant has 200,000 tons of annual capacity and is very com-
energy plant in Portugal in 2013 and partnered with companies
petitive on cost.
in Thailand and Japan.
also built a plant at the
Yeosu National Industrial Complex that produces polysilicon,
a basic material for the photovoltaic industry. The plant has an
annual production capacity of 10,000 tons and started operation in 2014. The company is also focusing on developing
carbon nanotube manufacturing and application technologies
and is promoting the commercialization of various value-added, state-of-the-art materials.
is a competitive futures business dealing with composite materials for automotive weight
reduction, electronics components, and EVA sheets and back
sheets used for solar modules. It is working hard to enhance
its status as a global auto parts manufacturer and distributor
through its domestic and overseas production systems and
facilities. A significant achievement that was acclaimed through-
continues to enjoy outstanding growth. The company has won numerous orders,
particularly in the Middle East, where it has considerable success. One prominent example includes the signing of a formal
out the industry was its development of the world’s first hybrid
type front bumper beam for automobiles.
Hanwha Q CELLS provides customers
and partners with a wide range of total
solutions for the PV industry, from the
production of cells and modules to the
construction of photovoltaic power plants.
Its R&D Center in Germany leads the
world in advanced cell architecture and
production process technologies.
52-53
Profile 2014
Manufacturing &
Construction
Businesses
Solar
Cells &
Modules
GMT
Auto
Parts
XLPE
Cable
Compound
Widely used in power
transmission cables, our crosslinked polyethylene is designed
for reliable insulation in extrahigh-voltage applications.
Hanwha Q CELLS boasts the world’s highestquality cells and modules. Its solar system
stabilization technologies, such as Anti-PID
and Hot Spot Protection, lead the industry in
terms of efficiency, safety, and reliability.
GMT is a composite material in the form of a
plate where polypropylene resin is covered with
glass fiber. It is as strong as steel, but 20 to 25%
lighter. It reduces the weight of automobiles
when used for parts such as plastic bumpers,
undercovers, or backrests.
EVA
Resin
Traditionally used in packaging
applications, value-added EVA resin
with a vinyl acetate monomer content
of 15 to 40% is now used to make solar
modules and coatings.
54-55
Profile 2014
Ningbo
PVC
Plant
Businesses
Hanwha Chemical Ningbo PVC plant in Zhejiang,
China, was completed in 2010 and began commercial
production of 300,000 tons a year since 2011.
By accumulating valuable skills and improved
processes, productivity increased to 330,000 tons a
year, allowing the company to target the PVC market
in China with its outstanding quality.
Manufacturing &
Construction
56-57
Profile 2014
Manufacturing &
Construction
Businesses
www.hanwhacorp.co.kr
hcc.hanwha.co.kr
Major Businesses
Manufacturing: Industial explosives, defense equipment
Trading: Petroleum, petrochemicals, metals, chemicals,
machinery, general merchandise, resource development
Major Businesses
PE, PVC, CA, photovoltaics, nanotechnology
2013 Total Sales USD 4,879 million
2013 Total Assets USD 6,541 million
CNC Lathes
(Swiss Turn Type)
was the first company in Korea to produce
PVC, LDPE, linear low-density polyethylene, and chlor-alkali.
is the parent company of
Hanwha TechM’s knowledge base and
innovative technologies in the machine tool
field allow the company to partner with
leading overseas companies. It produces
parts for various industries — automotive
medical, electronics — that require
precise composite processing in different
diameters (ø0.8-38).
Group. Since it was founded in 1952, the company has grown
into a diversified manufacturing and trading firm serving the
global marketplace.
tion of different industries for the past half century.
was the first localized producer of
dustry, and is now increasing strategic investments to meet
dynamite in 1959. This enabled the company to emerge as
growing demand in the global market.
a leading supplier of explosives for industrial use and fire-
has completed a PVC plant in Ningbo in China’s Zhejiang
processed articles that are safe and reliable. The company
province with an annual capacity of 300,000 tons, and an
leads differentiated services and businesses such as chem-
alkali soluble resin plant in Bang Phli, Thailand with an an-
ical business manufacturing and the selling of various ingre-
nual capacity of 17,000 tons.
dients for industrial explosives, the cladding business (which
the first Korean chemicals company to enter the Middle East-
produces new materials by mixing dissimilar metals), and the
ern market, completing the construction of a plant in Saudi
fireworks business.
Arabia which will soon begin producing ethylene vinyl acetate
of its industrial explosives, winning a mine servicing contract
in Indonesia and exporting a plant to Vietnam. The company
aims to expand its market presence in key markets such as
Australia, and in emerging markets throughout Central and
South America, and Central Asia.
Since 1974,
has been a key private
dustrialization program. It has been producing precision defense systems, guided systems, unmanned underwater vehicles, and navigation equipment to improve our national
defense. The company also has produced advanced technologies for unmanned systems.
will continue to be a leading defense company, preing to the growth of the country and society.
plays a
critical role as the backbone of the Group’s global sales,
operating through a network of eight trading corporations,
nineteen branches, and five resource development branches.
The company sources and delivers world-class value encompassing oil, petrochemicals, construction materials, steels,
foods, paper, machinery, automobile/heavy equipment, coal,
solar modules, and defense articles. It also tries to secure
new growth engines and business models from overseas
reforestation projects, agriculture businesses, and real estate
development.
(EVA), low density polyethylene (LDPE), and wire & cable compound in 2014. The new plant has an annual production capacity of 200,000 tons and is highly cost-competitive. Meanwhile,
is expanding its business to growth
industries such as photovoltaics and nanotechnology to become a global chemical company. As part of
Group’s
growth engine, the chemical maker acquired global photovoltaic companies to enhance its competitiveness.
built a polysilicon plant within the Yeosu
National Industrial Complex with 10,000 tons of annual capacity and started production in the first half of 2014. For the
photovoltaic business, the petrochemical company is building on the advantages of its affiliated companies while con-
paring for the future with advanced technology and contribut-
The trading division within
was also
efforts to develop the photovoltaic business as a new future
sector participant in the Korean government’s defense in-
KSLV-I
Kick-Motor
basic petrochemical products that have served as the foundahas driven the growth of the Korean chemical in-
Recently, the company started promoting the globalization
We developed the two-stage solid
fuel thruster engine for use by Naro,
Korea’s first space rocket.
Hanwha Corporation has been
playing a key role in the future of
Korea’s aerospace industries.
Since its establishment in 1965, it has been manufacturing
tinuing to invest in nanotechnology-based application technologies including carbon nanotube and graphene.
58-59
Profile 2014
www.hwenc.co.kr
Major Businesses
Construction and residential complexes, large-scale
development, industrial plants, civil engineering and
water treatment
Capitalizing on its extensive experience and technologies in
every area of construction,
Manufacturing &
Construction
Businesses
www.q-cells.com
www.hanwha-solarone.com
www.hanwha.com/solar
Major Businesses
Photovoltaic solutions from modules to systems to
projects and services
Major Businesses
PV ingots/wafers, cells, modules, EPC/ total solutions
2013 Total Sales USD 781 million
Major Businesses
Solar power plant development, construction, operation,
and maintenance
Originally founded in 1999,
member of the
became a
2013 Total Assets USD 155 million
Group in October 2012. With its
is a leading global photovoltaic (PV) mod-
wide array of the world’s leading solar power technologies,
ule manufacturer, providing cost-competitive, high quality PV
Founded in April 2011,
provides its clients with a full solution
modules for residential, commercial, and utility scale projects
become a global leader in the solar downstream market,
with a module production capacity of 1.5GW as of 2013.
delivering integrated solar power plant solutions encompass-
As
’s affiliate, the company plays a key role in
ing development, construction, and operation. Beginning with
across the photovoltaic (PV) value chain.
aims to
is rapidly growing
will increase its annual production capac-
into a global player at an annual average growth rate of 20%
ity from its plants in Germany and Malaysia to a total of 1.3GW
’s efforts to build a vertically-integrated solar value
the completion of a rooftop solar power plant in Changwon
since 2002.
in 2014. In addition to offering leading PV modules, the com-
chain, covering the midstream of ingots to cells and modules.
in November 2011, the company has been creating innovative
pany offers a wide range of experience and services in solar
The company maintains a strong presence worldwide, with
and environmentally-friendly approaches to the construction
system solutions, including project development, engineering,
a global business network spanning Europe, North America,
of solar power plants. For example, it is using unused land
procurement & construction (EPC), and financing solutions for
Asia, South America, Africa and the Middle East. As a leading
such as drainage pump stations, unused roads, and sewage
solar power systems. It plays a significant role in
provider of solar energy solutions in its own right, the com-
treatment centers. This business model is being acknowledged
pany is penetrating into the solar power generation business
for its contribution to the development of Korea’s solar pow-
in China.
er industry.
has also become a prominent leader in housing construction, building more than 40,000 “Dream & Green”
prestige apartments throughout Korea and a series of “Galleria Forêt” luxury high-rise commercial and residential buildings in Seoul. Another major project is the
Dream & Green Incheon EcoMetro, the nation’s largest urban
development project to date, consisting of about 12,000
residential units.
became the first Korean contractor to be licensed to build private-sector water treatment plants, after
developing the nation’s first advanced membrane filtration
water treatment technology. In addition, it is developing build-
vertical integration in the PV business, combining with
’s polysilicon business,
’s power gen-
became one of the
The company has succeeded in developing solar power gen-
world’s first PV companies to receive Product Carbon Foot-
eration projects overseas. The company signed an agreement
a global
print Certification based on ISO 14067, issued by TÜV Rhein-
to build a large-scale 18MW solar power plant in Lisbon and
PV leader, with an annual cell production capacity of 2.4GW,
land, a global provider of technical, safety and certification
Setubal, Portugal in November 2013, where 74,000 modules
consisting of 1.1GW from its plants in Germany and Malaysia
services. The company is also the second PV manufacturer
were installed on an area of 1,110,000m2, the size of 155
and 1.3GW from its plant in China.
in the world to pass TÜV Rheinland’s stringent Long-Term
soccer fields. With the completion of the project, the plant is
Sequential Test. In addition,
’s Research
expected to supply about 37GWh of electricity on an annual
and Development Laboratory was awarded the VDE Test
basis, enough to power 6,200 households. The company is
Data Acceptance Program certificate in 2013.
also pursuing other local partnerships and project acquisition
eration business.
The launch of
makes
’ R&D Center in Germany is the world’s
most competitive, its Q.ANTUM high-powered cell technol-
Globally, the company is winning contracts for the construction
of power and petrochemical plants in the Middle East and North
Africa and developing large-scale real estate projects in the
Americas. In 2011,
’s mod-
ule business, and
ing-integrated photovoltaic (BIPV) and zero-emission solar
housing (ZESH).
’s
won a USD 1.25 billion EPC
order for the Yanbu II power and water project in Saudi Arabia.
ogy and other advanced cell technologies such as anti-PID
and hot spot protection.
is committed to sustain
ing its global PV R&D network that consists of facilities in the
2013,
Germany, China, Malaysia, and Korea.
ally, with approximately 300MW sent to Japan. The com-
contracted with Japan’s largest solar plant
to provide modules in February 2013. In addition, the com-
million chemical plant construction project in 2014, both prov-
pany completed the construction of a 5MW solar plant in
ing the company’s technical ability and competencies.
Kalaeloa Renewable Energy Park in Ohau, Hawaii in Decem-
Korean construction company overseas, to build approximately 100,000 homes in Iraq.
After a series of successful winning orders since 2008,
was ranked 88th on the list of Global Contractors announced in 2013. Its goal is to become a world-renowned construction company by 2020 with a vision to “Design the World.”
surpassed the 4GW
mark for global shipments of PV modules for the first time. In
struction project in 2012 as well as Saudi Ma’aden’s USD 935
8 billion new city project, the largest project ever won by a
In October 2013,
and further strengthen its technology leadership by leverag-
It won Saudi Aramco’s USD 600 million marine terminal con-
In May 2012, the company also signed a contract for a USD
In January 2014,
ber 2013, the initial project of the company’s 24MW solar
projects in Hawaii. These projects have contributed to further
strengthening the company´s global presence and footprint
in the industry.
’s shipped 1.3 GW in modules glob-
pany has also identified 1.0GW in downstream business
opportunities to sustain its competitive advantage around the
world, including in Japan and Thailand. The company is also
studying entry into new and rising markets in Indonesia and
Uzbekistan, which are experiencing a rapid rise in power
consumption due to economic growth and industrialization.
potential in China, which mostly includes strategic partner-
With its accumulated knowledge,
ships with Chinese state-owned enterprises (SOE), local
will provide optimal solutions to its clients and lead Asia’s
government and Chinese business groups, respectively.
solar power business.
60-61
Profile 2014
Manufacturing &
Construction
Businesses
www.hwam.co.kr
Major Businesses
Automotive materials, electronic materials, solar materials
hec.hanwha.co.kr
www.hanwhatechm.co.kr
www.hwpd.co.kr
Major Businesses
Steam and electricity generation
Major Businesses
Industrial furnaces, factory automation systems, engine/
transmission assembly, machine tools, solar and
rechargeable batteries, aviation components
Major Businesses
PVC coated fabrics, packaging materials,
masterbatch and compounds, smart window
Formed through the merger of Yeosu Cogeneration and Gunis now in the process of
jang Cogeneration in 2012,
is an environ-
transforming itself into a global manufacturer of advanced
mentally friendly company that pursues a sustainable business
materials.
model. With the production of a 373MW, 1700 ton state-of-
Since the company entered the auto parts manufacturing industry in 1986,
has been
supplying global automakers with a variety of interior and exterior auto components made from lightweight materials such
the-art cogeneration plant, it has been providing a stable
supply of high-quality electricity and ultra-high-pressure steam
to companies in the Yeosu and Gunsan National Industrial
Complexes.
as glass fiber mat-reinforced thermoplastic (GMT), lightweight
The company promotes the growth of clean technology com-
reinforced thermoplastic, and expandable polypropylene. Since
panies in the two complexes by supplying competitively priced,
its acquisition of US-based thermoplastic composite maker
high quality, and reliable utilities services.
Azdel in 2007, the company has strengthened its position as
a global materials and components supplier. The company is
currently providing its products to leading automakers by establishing subsidiaries in the United States, China, and Czech
Republic.
in its overseas subsidiaries. In 2013, the SuperLite production
As a leading manufacturer of global machine equipment,
produces a wide range of complex industrial machinery and tools using proprietary technology. Found-
seeks to become a leader of the industry and will
continue to do its utmost to contribute to increasing competitiveness overall in the energy industry.
Established in 2003 from the merger of Hanwha Polymer and
Samjin Chemical,
is a major Korean
maker of PVC coated fabrics and packaging materials.
ed in 1953 as a small industrial bearing maker, the company
The company sells its extensive lineup of high quality products
has become a manufacturer of industrial furnaces, factory
for the leisure, signage, construction, transportation, food,
automation systems, engine/transmission assembly, and CNC
household, and personal care industries in over 60 countries
lathes, and is a leader in Korea’s industrial facilities area.
worldwide. It acquired key patents and technologies for sec-
added an aviation division to its portfolio in
2012. The company successfully developed thrust vector and
(Naro-1). Anticipating continuous future growth, it established
local production facilities in China and the US that are equipped
with a global response system.
ondary battery parts in 2013 and is now working towards
commercialization. The company is improving its existing
product areas, enabling it to expand into the electricity and
electronics industries and transforming into an expert in functional materials through the adoption of new technology to
improve the material’s functionality.
has made great strides to become a global technology and machinery leader by strengthening its core
In response to increasing demand for lightweight complex
materials, the company plans to expand production facilities
altitude control systems for the Korea Space Launch Vehicle-1
As an integrated utility center operating in Korea,
competencies in existing businesses, exploring new growth
Yeochun NCC
engines, and expanding its global presence.
line was constructed in Korea to ensure a production base
www.yncc.co.kr
www.hcd21.co.kr
for exporting to automobile markets in Asia.
Major Businesses
Petrochemical feedstock production
Major Businesses
Real estate development
In May 2014, the company developed a technology used for
making hybrid-type front bumper beams for automobiles. The
technology is the first of its kind in the world. The breakthrough,
which was widely recognized in the industry, involves inserting
steel frames inside GMT to reinforce anti-crash performance
while also making the material even lighter.
Yeochun NCC operates the world’s leading naphtha cracking
facility in the Yeosu National Industrial Complex on the southmerger of naphtha cracking facilities owned by
and
since it suc-
Daelim, this highly competitive 50:50 joint venture annually
cessfully localized flexible copper clad laminate technology
produces 1.91 million tons of ethylene, 970,000 tons of pro-
and its production, along with the tremendous growth of the
pylene, and 2.32 million tons of various petrochemical feed-
electronics industry in Korea. The company is currently mass-
stocks, including benzene, toluene, xylene, styrene monomer,
producing an independently developed core material called
ITO film, and is marketing to the major touch screen panel
module companies in Korea and China.
also localized the production of EVA sheets for
photovoltaic module encapsulation in 2010, and now plays an
essential role in the Group’s solar energy business.
Project value
www.dreampharma.co.kr
ern tip of the Korean peninsula. Established in 1999 from the
The company’s electronic materials business has grown significantly within
and butadiene.
_USD 498 million
_USD 488 million
Founded in 1999,
has developed a broad
range of high-quality prescription and over-the-counter drugs,
medical equipment, and skincare products. It is currently
focusing on developing new medications for high blood pressure and hyperlipidemia. It is investing heavily in innovative
technology to fuel its growth. In July 2013, it obtained FDA
With fully automated and optimized production processes of
approval for BONVIVA PLUS, an incrementally modified drug
high-purity feedstocks, this state-of-the-art facility provides
for the treatment of osteoporosis. It also entered a supply
affiliates a competitive edge to produce high-qual-
agreement with Korea Roche, the Korean branch of Roche,
ity downstream petrochemical products.
_USD 632 million
_USD 325 million
Major Businesses
Pharmaceuticals, biosimilars, health and beauty products
a global biopharmaceutical company. In addition, the company is now collaborating closely with
a therapeutic antibody biosimilar.
on
successfully developed Daedeok Techno Valley between 2001 and 2009, and is now a
leading private construction company specialized in the development of multi-functional high-tech complexes.
’s successes at
(2,984,000m2, 300 enterprises, 8,000 households, scheduled
to be completed in 2014),
(1,994,000m2,
200 enterprises, 6,000 households, completed in April 2014),
(1,522,000m2, 200 enterprises, scheduled to be completed in 2016), and
(1,745,000m2, 200 enterprises, scheduled to be
completed in 2016), have been benchmarked as exemplary
development models.
62-63
Finance
Profile 2014
Finance
Businesses
64-65
Finance
Profile 2014
Businesses
Profile &
Outlook
We’re committed to providing
our clients with security and
peace of mind.
provides a complete financial services platform of
enhances customer value by
insurance, asset management, securities and banking prod-
offering a full range of financial instruments, including stocks,
ucts, and ensures greater value creation for individual and
bonds, hedge funds, real estate, and ETFs. The company has
institutional clients by continuously adapting to today’s rap-
high industry expertise, broad knowhow, and a systematic man-
idly evolving capital markets.
agement system for its fund management services as well as
, Korea’s first life insurer, is opening a new chapter as one of the prominent, emerging leaders in the global
market as a part of
’s financial sector globalization
strategy. Anticipating growth opportunities in China and emerging markets in Southeast Asia,
is expanding its
local footprint in the region. In January 2013,
formed Sino-Korea Life, a joint venture with Zhejiang International Business Group, and began operations with the vision
to grow Sino-Korea Life into one of the top three foreign-affil-
product development, research, compliance, and risk management.
strives to reinforce and
extend partnerships with major institutions in order to maintain
its position as a top Korean asset management company.
As Korea’s 2nd largest asset management company,
endeavors to strengthen its position as
Korea’s most renowned asset management company by providing industry-leading products and services, and by effectively communicating with customers.
iated companies in Zhejiang, China by 2015. The company is
has been successful with
beginning operations of a local life insurance company in In-
customer investment with its capital markets expertise. The
donesia, and now has 8 branches in 6 different countries. Its
company maintains a leading position by conducting profes-
sustainable growth is the key to providing impeccable cus-
sional and unbiased research to provide investment strategies
tomer-centric services and to enhancing shareholder value.
and corporate analysis, offering innovative financial solutions
continues to innovate internally
to advance its business affairs and enhance core competencies. The company is improving its system infrastructure and
strengthening its underwriting practices.
also has improved customer service by providing
sales support and improved customer complaint handling. It
also has made it easier for customers to electronically provide
signatures using mobile devices such as smartphones and
tablet PCs. The company’s relentless efforts to provide customer-centric services have been well acknowledged by Korean government institutions.
was awarded three major service quality certificates (CCM
Certification, Call Center Service KS Certification, Certificate
of Excellent Service Quality) by Korean government agencies,
and the company aims to continue to maximize organizational performance to increase corporate value.
and risk management to improve investor performance, and
securing expertise through a wide range of investment banking, equities, bonds, derivatives, and trading.
Company operations regarding fund sales have been evaluated by the Financial Supervisory Service of Korea as top-notch.
Korea Exchange has also acknowledged the company for
stellar performance on compliance which is based on its efforts for consumer protection.
Hanwha Life was the first among
Korea’s large-scale life insurers
to launch an online life insurance,
Onsure, in 2013. It continues
to expand the market through
channel diversification.
66-67
Finance
Profile 2014
Businesses
www.hanwhalife.com
Major Businesses
Life insurance, asset management, mortgage loans,
personal loans
FY 2012 Total Sales USD 13,186 million
FY 2012 Total Assets USD 74,105 million
www.hwgeneralins.com
Major Businesses
Long-term, auto, property insurance, mortgages and
personal loans
FY 2012 Total Sales USD 4,376 million
is Korea’s first and second-largest life insurer.
Founded in 1946, the company has been a well-respected
industry leader since the beginning and
opened
a new chapter for growth with a historic IPO in March 2010.
As of the end of December 2013,
had obtained
an industry-leading solvency ratio of 244%. It also received a
sterling AAA credit rating from Korea’s top three rating agencies, Korea Ratings, Nice Investor Service Co., Ltd., and Korea
Investors Service, Inc., for the past seven consecutive years.
’s value has been recognized through various
certificates and awards from government organizations and
other customer satisfaction survey firms.
ranked
top in the life insurance sector of the Korea Service Awards
ital. Since its establishment, it has been enhancing its comprehensive portfolio of insurance and loan products and
customer protection systems to improve the quality of services and customer value.
The company is committed to improving customer value and
minimizing customer complaints. All job processes have been
standardized and focused on the customer, and detailed
quality criteria were established to achieve customer-centric
management.
hosted by the Korea Standards Association for four con-
Its efforts have been recognized with service quality certifi-
secutive years through 2013. It also ranked highest in fund
cates: CCM Certification, Call Center Service KS Certification,
sales based on mystery shopper evaluations conducted by
and the Certificate of Excellent Service Quality. The com-
the Financial Supervisory Service. For the 2013 Korea Service
pany is making great strides to expand profitability of blue-chip
Quality Index survey managed by Korea Management Asset
areas such as long term, auto, and general insurance, build-
Consulting, it was at the top for customer service and call
ing a risk-based management structure, advancing the com-
centers for the fourth consecutive year. Its ARS service man-
pensation process to create contracts consistently, and fur-
agement was also rated highly. The Fair Trade Commission
ther strengthening the responsible management system in
has also awarded
each business area.
for its outstanding perfor-
mance in “customer-centric management” for four years.
Since February 2012, when
has set out its new vision of becoming “a
received a credit rating of B++ from A.M. Best, it has been
global insurance company, growing together with customers”
acknowledged for its financial stability and growth potential.
and is strategically expanding its global presence in key over-
It maintains an A+ rating in Korea based on its settlement
seas markets such as Tokyo, London, Beijing, and New York.
capability.
The company is also working hard to become a leading
global insurer in China and in emerging markets in Southeast
Asia. In April 2009,
Founded in 1946, Korea’s oldest
non-life insurer is a pioneer in
using the latest Internet and
mobile technologies to serve
customers anytime, anywhere.
is the first Korean insurance
company to begin business solely funded by domestic cap-
began insurance sales in
Vietnam, and in January 2013, the company also launched
Sino-Korea Life, a joint venture with Zhejiang International
Business Group. Also, with the acquisition of an Indonesian
It also introduced an electronic signature system to support
sales, handle customer complaints, and provide customer
service for the first time in the insurance business arena, making it easier for customers to perform tasks with their mobile
devices such as smartphones and tablet PCs.
life insurance company in December 2012, it is now planning
The company expects to improve reliability further through
to officially begin operations in Indonesia.
stronger Customer Relationship Management, and by providing customized and advanced products and services through
continuous service development.
68-69
Finance
Profile 2014
Businesses
www.hanwhafund.com
www.koreastock.co.kr
Major Businesses
Asset management
Major Businesses
Securities brokerage and underwriting,
asset management
FY 2012 Total Sales USD 41 million
FY 2012 Total Assets USD 108 million
agement company in terms of AUM. The company offers a
full range of financial instruments, including stocks, bonds,
MMFs, fund of funds, social overhead capital, derivatives,
real estate, hedge funds, and ETFs, in both domestic and
overseas capital markets. The company is committed to providing investors with new investment solutions based on
rigorous research, disciplined portfolio management, transparency and integrity.
been recognized by numerous industry awards in Korea,
including the Excellence Prize at the 2014 Korea Fund Awards
for the
Long-Term Corporate Bond Funds, the Grand
Prize at the 5th Asia Fund Awards for the
Global
Healthcare Fund, and the Best Overseas Fund Prize at the
2013 Money Today Korea Fund Awards for the
Ja-
pan Core Fund. The company also received the Grand Overseas Fund Prize and the Grand Domestic Fund Prize at the
2013 Herald Business Fund Awards, for the
tegic Income Fund and
Stra-
Long-Term Corporate Bond
Funds, respectively.
asset management firm in the broader Asian capital market
and is strategically channeling its resources to develop various
overseas funds and set medium-and long-term plans for localization in key countries.
is Korea’s top-tier asset
management services provider, offering a full spectrum of
financial services and products including brokerage and acquisition of equities, bonds, derivatives, sales of various financial products, and asset management services. Since its
establishment in 1962, it has been well positioned as a reliable
partner.
the highest priority at
.
The company offers extensive market analysis, innovative
solutions development, and risk management operations. A
group of highly-trained private and investment bankers at
are at the forefront of Korea’s dynamic financial
market, delivering premier services to
’s retail and
institutional clients. Through its call centers, it provides satisfactory service to customers. In 2013,
was acknowledged for its reliability and ranked
highest for sales in its company evaluation conducted by the
Financial Supervisory Service and Korea Investors Protection
Foundation. It was also recognized by the Korea Exchange
for compliance.
aspires to become a top-tier
Major Businesses
Deposits, commercial and personal loans,
bonds with warrants, convertible bonds
focuses on man-
aging venture funds and private equity funds for the nation’s
Delivering high quality services and value creation to clients is
’s disciplined approach to asset management has
Major Businesses
Private equity and venture capital
Established in 2000,
is the 2nd largest asset man-
www.hanwhasbank.com
www.hanwhainvestment.co.kr
, founded in 1997, was incorporated
major pension funds and institutional investors. It is becoming
under the
Korea’s representative PE/VC house. It is using
’s
in 2008, and has become one of the most stable savings
knowledge in manufacturing, services, and finance accumu-
banks in the industry despite the challenging market environ-
lated over more than 60 years to explore special opportunities
ment.
in growth capital execution and buyout. It is also making
extending the fundamental roles of microfinance institutions
strides to become a leading investment company across Asia
and supporting small and medium-sized businesses. The bank
through overseas investment.
strives to benefit its clients and society as a whole by develop-
Group after recapitalization by
has become a leading bank,
ing new products and expanding in niche markets. Its risk
management system enables us to perform the role of a sound
financial institution faithfully.
is com-
mitted to providing its individual and business clients with top
quality financial products and services.
70-71
Profile 2014
Services
&
Leisure
Businesses
Services &
Leisure
72-73
Profile 2014
Services &
Leisure
Businesses
Profile &
Outlook
We’re committed to making
life richer and more enjoyable.
’s services and leisure business makes different at-
Korea and provide customers with unmatched shopping ex-
tempts to increase customer value while focusing on becom-
periences.
ing a leading global leisure company.
The company has strategic plans to enhance its core compe-
has strengthened its position as
Korea’s top resort operator through continuous renovation. In
2011, the company completed major renovations at the main
complex of its flagship Sorano facility in Seorak, followed by
the renovation of Paros in Daecheon and Tivoli in Haeundae.
In 2013, inspired by the purest lake in Europe, Annecy in the
tencies by strengthening its merchandizing and marketing
practices and adding directly-imported and private-brand products to its portfolio to ensure shoppers a wide range of specialized, high-end shopping experiences. The company is also
enhancing its online shopping services by incorporating new
IT trends such as social media and smart devices.
Alps, Hanwha Resort in Sanjeong Lake was renovated into
Besides Seoul Station,
Hanwha Resort/Sanjeong Lake Annecy.
successfully built a station in the Cheongnyangni area –
’ Saipan World Resort was designed so that every
room has an ocean view.
175,000m2 in size and created a new shopping complex in
northeastern Seoul.
THE PLAZA has received a wide variety of Korean and international media praise for its creative designs, unparalleled
customer service, and state-of-the-art operating systems: true
hallmarks of a luxury boutique hotel. It has been selected as
Asia’s top hotel by Smart Travel Asia and TripAdvisor, and
firmly established itself as a global hotel company. “63 Convention Center” in the 63 Building has been transformed into
a premium meeting and banquet facility with spectacular views
of the Han River.
has laid out ambitious plans to
become a global player in the aquarium industry. In 2012, the
company opened Aqua Planet Yeosu, an eco-friendly aquarium, and Aqua Planet Jeju, the largest such facility in Asia.
Aqua Planet Ilsan opened in April 2014, joining
other premier aquariums in 2014.
’s two
’s state-of-the-art
aquariums also operate marine research centers to study rare
marine species in an effort to conserve marine environments
in Korea. The centers also study breeding techniques.
With the vision of Asia’s number one premium retailer,
has taken a number of bold steps to distinguish itself
from competitors, including the renewal of Luxury Hall West
in 2014. It expects to build an optimized premium network in
also
’s knowl-
edge will help the company grow into Korea’s number one
real estate development and management company for municipal building management, M&As, sales contents expansion,
lease and operation system.
Galleria Luxury Hall provides its
customers with an unparalleled
shopping experience as Asia’s
number one premium retailer.
74-75
Profile 2014
Businesses
Services &
Leisure
As Korea’s premier and largest resort
operator, Hanwha Hotels & Resorts
operates twelve directly-run condominiums
and golf courses, with constant renovation
of our facilities for full customer satisfaction.
Based on 27 years of experience
from operating the 63 Seaworld,
Aqua Planets in Yeosu, Jeju, and
Ilsan were launched, building the
largest aquarium belt in the nation.
76-77
Profile 2014
Businesses
Services &
Leisure
63 CONVENTION CENTER boasts a
luxurious and exquisite Grand Ballroom
which features every fine detail required
to host memorable events such as
weddings, special events, family parties
and also to host corporate conferences
and corporate events.
THE PLAZA is located in the
heart of Seoul, and it provides
sentimental designs and exquisite
services, corresponding to its
motto “Stay in Style” as a luxury
boutique hotel.
78-79
Profile 2014
Businesses
Services &
Leisure
www.hwrc.co.kr
Major Businesses
Resorts, hotels, leisure, food services
Opened in 2010, this upscale
resort in Taean on Korea’s west
coast features 56 guest units
and a 27-hole course designed
by Annika Sorenstam.
Major Businesses
Retail, fashion, food and beverage
2013Total Assets USD 1,631 million
Founded in 1976,
was Korea’s first luxury
owns and operates an interna-
department store, importing a series of high end brands from
tional network of hospitality and leisure businesses. The
overseas. It has become a “hot spot” for tourists and emerged
company began as the developer of Korea’s first resort con-
as one of the hottest destinations for fashion and style in Asia.
dominium project in 1979 and grew rapidly after joining
Galleria Luxury Hall West, which was reopened in March 2014,
in 1986. In 2009, it merged with Hanwha Develop-
was the first open-space type department store in Korea. Lo-
, which created a diversified busi-
cated in prime locations across the country, the company also
ness portfolio including hotels, resorts, gourmet restaurants,
offers its customers a suite of sophisticated shopping oppor-
banquet services, and leisure attractions.
tunities. It operates under a long term vision of being Asia’s
ment and
, a major player in Korea’s hospitality industry, owns and operates Seoul’s 410-guestroom
luxury boutique hotel, THE PLAZA, and Korea’s largest condominium chain across 12 properties with a total of over 4,800
number one premium retailer, providing special customers with
special experiences and pioneering trends. In 2014, it also began operating airport duty free stores, which are projected to
become a new growth engine for the company.
guestrooms.
The company is also actively expanding overseas with partnerships with Resort Condominiums International, Tianlun
Condominiums, the BIP Country Club and Spa in China, Prince
Hotels & Resorts in Japan, and the Golden Horse Hotel and
Mines Wellness Hotel in Malaysia. It also operates the Ocean
Major Businesses
Retail, fashion
Palace Golf Club and Resort in Nagasaki, Japan and the
Saipan World Resort. The company owns and operates pre-
mier public and private golf courses in Japan and Korea with
a total of 126 holes. In addition, the company operates a
is the largest high-end depart-
number of themed destinations and resort attractions across
ment store in the central part of Korea. It specializes in luxu-
Korea, including Seorak Waterpia, Gyeongju Springdome
rious fashion brands from around the world, hosting the area’s
water parks, Jeju Therapy Center, Royal Saddle Equestrian
first Louis Vuitton, Gucci, and Prada stores, and cementing
Society, Seorak Cinerama Film Lot, and Jade Garden in Chun-
its status as the premier high-end shopping destination in
cheon. The company operates the premium 63 Restaurant
Daejeon. This regional landmark is also a cultural hub, hous-
and 63 Convention Center within the 63 Building, providing
ing a community center that caters to a broad range of ac-
the best service to customers.
tivities with over 400 seasonal programs during the year.
The company opened Aqua Planets in Yeosu, Jeju, and Ilsan,
giving home to rare marine species and valuable marine biological research.
also has its own dining, catering,
and banquet businesses, with over 300 dining facilities across
Korea, and manages a state-of-the-art distribution system.
80-81
Profile 2014
Services &
Leisure
Businesses
Social
Responsibility
www.63realty.co.kr
Major Businesses
Property management, renewable energy solutions
manages buildings and real estate prop-
www.hwsd.co.kr
Major Businesses
Commercial development, property management
erty including the 63 Building, a landmark of Seoul, for
’s affiliates and other numerous clients. Founded in
1986 and acquired as a
affiliate in 2002, the com-
pany has accumulated significant know-how in the areas of
property management services; consulting, leasing, and facility maintenance. The company also provides state-of-theart solar and geothermal energy solutions to the residential
and commercial markets. This synergistic business portfolio
is the developer and manager of two major commercial railway stations in Seoul. The
company successfully developed the station complex for Seoul
Station and Cheongnyangni Station, the logistics hub in the
northeastern part of Seoul. With this expertise, the company
will become a professional commercial facility development
and operation company.
and nationwide network have been the keys to the company’s
continuous growth, and it will continue to innovate itself to
satisfy customers and stand as Korea’s number one property management expert.
Social
Contribution
www.hancomm.co.kr
Solar
Sharing
Major Businesses
Integrated marketing communications services
www.hsnc.co.kr
Major Businesses
Integrated IT business services
is one of Korea’s top advertising agencies. The
Founded in 2001,
provides world-class IT so-
lutions and services to the financial, manufacturing, construction, service, and education industries by synthesizing smart
technology and creative ideas. Based on a comprehensive
data center built with cutting edge infrastructure, it has acquired the IT industry’s most prestigious recognition, such
as CMMI Level 5 Certificate, ISO 9001, ISO 20000, and ISO
27001 certification. With high-end technology, the company
provides its customers with impeccable IT solutions and services around the world. Furthermore, the company leads the
IT convergence market with its comprehensive business
company provides integrated marketing services encompass-
Supporting
Sports
ing every aspect from market consulting, research, promotion,
and digital interactive marketing, as well as ad planning, production, and media placement. This enables clients to creatively
and effectively engage their target audience. Since its establishment in 1983, the company has grown into a creative expertise
group in Korea and continues to secure a strong position as a
Environmental
Responsibility
“communication solutions partner” providing creative, innovative, and strategic solutions of the utmost quality.
Winning
Partnerships
portfolio encompassing building and road, industrial automation, home network, energy demand management systems,
and intelligent water pipe network solutions.
Human
Resources
82-83
Profile 2014
Social Responsibility
Our
focus on
community is
making
a brighter
tomorrow.
Sponsoring sports
We believe in the positive force and sense of community that sports bring to our community. Sports
unite people through collective team spirit and good
spirited individual competition. For this reason, we
actively sponsor various team sports and less popular sports, and operate a professional baseball team.
Now we are extending our sponsorship to baseball
and soccer teams in Europe and North America.
Sharing energy for life
We are committed to fulfilling our corporate social
responsibility in such areas as social welfare, arts
and culture, public services, and foreign aid. Led
by the Hanwha Social Responsibility Center, our
more than 70 workplaces in Korea and worldwide
strive to share the energy of life with our neighbors,
communities, and the world.
Going further together
Sharing expertise in
solar energy
We have become a leader in educating, sharing and
installing solar power facilities around the world with
the goal of lessening the threat of climate change
and sharing the value of renewable energy. We have
installed solar power generating systems at a number
of community service facilities as a part of this effort.
At Hanwha, we believe in going further together
rather than faster alone. Over the past six decades,
we have built mutual respect and trust with many of
our partners as we share our expertise, resources,
and success with them.
84-85
Profile 2014
Solar
Sharing
Social
Contribution
We carry out our social responsibilities as a responsible
is defining a new example of corporate giving
corporate citizen, and encourage our employees to
in the area of environmental sustainability by donating
actively participate in such endeavors.
solar energy generation facilities to our communities.
Serving with excellence
prises with financing, product development,
HAPPY SUNSHINE
solar energy by operating a solar power system
re-
marketing, and business development. In addi-
The most renowned program to date is our Hap-
installed on its roof to supply clean power for the
organized our outreach programs and made
tion, together with the Korea Advanced Institute
py Sunshine campaign, which donates power
aquatic support system at the facility.
them even more effective. In 2007,
of Science and Technology,
offers
generation systems to communities in Korea. 86
also established the
business management programs for social en-
systems have been installed and over the next
Solar panels donated to the
ten years,
City of Davos
On our 50th anniversary in 2002,
Social Respon-
sibility Center. A designated team of employees
trepreneurs as a means to contribute to enhanc-
at each
ing their management competencies and in-
affiliate works with local non-
profit organizations to implement programs that
1
vigorating the landscape for social enterprises.
expanded the Happy Sunshine pro-
has also been producing free braille
gram overseas, installing in December 2013 a
the world such as environmental sustainability.
calendars for the visually impaired since 2000.
30KW rooftop photovoltaic equipment in an el-
The PV modules donated to the City of Davos
Major social contributions
teaches music, fine
arts, performing arts, and crafts to children from
ementary school in Hubei, China in partnership
by
Supporting future young leaders
with the China Youth Development Foundation.
equivalent to reducing 20 tons of CO2 emissions
In 2011,
The goal was to improve the schools and teach
per year.
began sponsoring the
Science Challenge for discovering
low-income families through a group-wide volwas award-
future talent in the science and technology fields.
ed the grand prize at the Mecenat Conference
Its aim is to identify young science talent through
and Awards in recognition of the program. In
a national science fair for high school students
2012,
hosted a symposium featuring
and to nurture these promising science students
experts from the academic, arts and culture
so that they can become well-respected and
worlds under the theme of “Educational Achieve-
distinguished scientists in the future who can
ments to Date.”
compete alongside other top scientists of the
unteer program. In 2011,
Arts and culture
also supports and
sponsors a broad range of arts and cultural events
like the Symphony Festival, which holds 20 concerts every year. Since 2000, it has become
Korea’s leading classical music festival. Each fall,
also sponsors the Seoul International
Fireworks Festival with more than one million
spectators taking part along the Han River.
Public Service Within the communities where
The World Economic Forum, held annually in
Davos, Switzerland, addresses key issues facing
meet the needs of local communities.
Volunteer work
plans to donate more than
500 additional ones.
2
the value of renewable energy.
calendars to the visually impaired each year.
[2] Seoul International Fireworks Festival
have a capacity of 340KW,
offers solar energy classes on a quar-
DESERTIFICATION
terly basis with the Korean Federation for Envi-
In collaboration with the UN Convention to Com-
ronmental Movement. The goal is to teach the
[1] The Happy Sunshine campaign donates
bat Desertification,
donated a solar
need for eco-friendly renewable energy, the fun-
solar power systems to community welfare
power plant, providing power to a 3,200 m tree
damentals of solar power, and ways to install
nursery for reforestation of the Mu Us Desert.
solar panels.
2
also visited
also launched the Wing Sharers
also planted 230,000 trees in the Na-
elementary schools and social welfare centers
Leadership Conference in 2012, introducing a
ture Conservation Area in Tujiin Nars, Selenge,
and offers opportunities to assemble solar-
new model of mentoring and training for global
Mongolia to create the first
powered cars to 1,800 children from 26 elemen-
talent development. The conference brings to-
est in 2012. In September 2013, the second
gether Harvard University undergraduates with
Solar Forest was built in the Mu Us
world.
Solar For-
high school students from underprivileged back-
Desert in Lingwu City, China.
grounds where the high school students are
desertification efforts contribute to water purifi-
encouraged to learn, discuss and debate on
cation and pest control.
’s anti-
tary schools and 4 institutions.
Supporting earthquake relief
also participated in the relief efforts
after the earthquake that struck Japan in 2011
by donating emergency aid supplies and con-
various topics.
Operating an eco-friendly aquarium
struction materials and installing 12KW solar
Aqua Planet Yeosu
power systems at a number of schools in the
development of eco-friendly social enterprises,
during Expo 2012 in Yeosu, Korea. Open year
area, including the Taneichi kindergarten school
funding 18 small businesses in 2012 and 20 in
round,
in Iwate.
2013, while also assisting eco-friendly enter-
the public’s awareness of the positive impact of
operates,
2
Solar education for the public
HELPING THE FIGHT AGAINST
[1] Hanwha donates some 50,000 braille
1
also supports the
opened
Aqua Planet Yeosu has raised
facilities.
[2] Donation of photovoltaic modules to the
World Economic Forum Congress Center
in Davos, Switzerland
86-87
Profile 2014
Supporting
Sports
Environmental
Responsibility
seeks to provide energy for life to its customers
has long been a conscientious steward of the environment since 1991.
and also endeavors to share and provide its full commitment to
We are focused on reducing environmental impacts and associated costs
the teams and the athletes as its partners.
through low-carbon energy sources and eco-friendly procedures.
SPONSORING SPORTS WORLDWIDE
’s ADVANCED Environmental
solutions for the San Francisco Boys and Girls
Reducing greenhouse gases
and wastes
supports sporting around the world to
Club based on home runs of the Giants’ players.
Management
contribute to healthier lifestyles and bring diverse
The Giant’s eco-friendly activities were recognized
In 1991,
became the first Korean com-
Reducing greenhouse gas emission is at the top
communities together.
with the prestigious Green Glove award for 7
pany to implement the ECO-2000 campaign. It
of the agenda for all companies around the world.
Soccer As an official solar energy partner,
years in a row.
proclaimed its Environmental Safety and Health
Since 1999,
Policy in 2000. It has also implemented sustainable
reduce its carbon footprint by organizing an en-
management practices on environmental, safety,
ergy task force to reduce CO2 emissions and save
officially began its effort to
continues to support Juventus F.C. of the Italian
In 2014,
Serie A, which won a total of 31 league titles, in-
portion of every single PV solution purchase to
cluding back-to-back Serie A titles in the past two
the Jr. Giants, a community based youth program
health, energy, and greenhouse gas issues. The
energy. It reduced its waste disposal through more
seasons.
focusing on baseball, education, health and vio-
Group, as a whole, voluntarily partici-
recycling waste paper and waste concrete and
conducts a monthly digital
continues to donate a certain
1
lence prevention. And every month,
pated in the Carbon Disclosure Project in 2011 which
reusing computer toner and waste ink.
,’ in which the player who contributed the
selects the most energetic athlete by fan votes,
was a first in Korea. The company uses globally
has also installed water-saving equipment in its of-
most energy to the team is voted for online by glob-
and raises money to support the Jr. Giants by
renowned companies for benchmarks, and also
fice buildings, hotels, and resorts. In 2013,
al soccer fans. These efforts, in return, help create
converting all the votes into money.
established a mid-term action plan and a master
reduced its energy consumption to 17,472 TOE,
energy to fuel the lives and spirit of Juventus fans.
Basketball What better way to promote the idea
plan for greenhouse gas and energy by 2020.
saving USD 11.4 million, which in turn reduced
will effectively respond to the tradable
greenhouse gas emissions by 48,000 tons. The
global campaign called ‘Mr. Energy powered by
From 2011 to 2013,
also sponsored
of sustainable energy solutions than by hosting
Hamburg SV, for which Korean soccer player
one of the world’s most exciting basketball tourna-
Heung-Min Son played.
ments?
installed solar
power systems on the rooftop of Osterbek School
was a proud sponsor of the 26th
annual FIBA Asia Championship.
2
permit system when it is implemented in 2015.
[1] The LED sign powered by Hanwha’s
solar panels at AT&T Park, home of the San
in Hamburg in partnership with Hamburg SV,
Francisco Giants
is taking the lead to foster a
clean and green environment for generations to
providing the school with clean power and help-
Operating and Assisting
[2] Share the energy of life with soccer fans
ing students learn about the value of renewable
Sports Teams in Korea
around the world by supporting Juventus
come by seeking ways to reduce greenhouse gas
FC in Italy
emissions and develop eco-friendly products. In
energy.
owns the
also sponsored the Bolton
, one of Ko-
Wanderers of the English Premier League during
rea’s favorite professional baseball clubs.
2013,
the 2011-2012 season.
also promotes less popular sports such as shoot-
Trust Standard (CTS), an international carbon en-
ing and horseback riding. For example,
ergy management assessment system. And in the
has supported the Galleria Shooting Team since
same year, the company was inducted into the Dow
2001 and sponsored the
Jones Sustainability Index for Asia-Pacific and Ko-
Baseball From April 2012,
has been an
official solar partner of one of the most storied
Major League Baseball franchises, the San Francisco Giants. As part of the sponsorship,
runs a variety of eco-friendly programs.
installed a PV panel in the AT&T Stadium, and ran
a recycling project called
Green Team,
which encouraged people to recycle after the
second half of the seventh inning with eco-friendly messaging.
also sponsored free PV
Chairman’s
received the first Carbon
Cup National Shooting Championship since 2008.
rea.
In golf,
in 2011
Footprint certificate in France in 2013, proving its
Finance Classic. In the
efforts to develop and manufacture top-quality
member So-
products in an environmentally-friendly way. In 2014,
Yeon Ryu won the US Women’s Open with a
was among the first solar en-
founded
and hosted the
same year, then
dramatic come-from-behind finish.
also received the Carbon
ergy solution providers to receive Product Carbon
Footprint Certification (ISO 14067) based on new
international standards.
2
waste disposal and treatment expenses were also
reduced by USD 2 million, or 15,000 tons of waste
Eco-friendly R&D and businesses
1
material and 519,000 tons of wastewater.
[1] Hanwha Chemical was the first Korean
chemical company to obtain the CTS certificate.
[2] Hanwha Q CELLS headquarters
88-89
Profile 2014
Winning
Partnerships
Human
Resources
We strongly believe in achieving sustainable, mutual growth
Hiring and cultivating human capital is essential to achieving
by “going further together” with our valuable partners around
our Quality Growth 2020 vision. Our highly-motivated people are
the world rather than “going faster, alone.”
the foundation of our strength and a beginning of our brighter future.
Commitment to mutual growth
Sharing values
global market. These programs include MBA and
has fostered fair and col-
ber of win-win growth initiatives such as financial
Our senior executives actively participate in
other post-graduate programs at leading univer-
laborative partnerships with some 1,200 small-
assistance, flexible payment terms, technology
regular recruiting programs, internship programs,
sities around the world.
Since 2009,
has successfully implemented a num-
also sponsors
and medium-sized enterprises (SMEs).
development and support, quality improvements,
and ongoing specialist recruitment in Korea and
executive participation at schools such as MIT,
helps them grow their businesses by strengthen-
and professional training.
abroad.
Stanford, and the London Business School.
ing their competencies. In October 2011,
ly evaluates its progress and makes improve-
set out major principles to promote and sustain
ments to ensure that it is channeling its person-
consistent-
strives to hire people who
relentlessly challenge themselves to find innova1
tive and creative ideas; people who pursue excel-
Facilitating work-life balance
1
mutual growth with our partners: to not compete
nel and organizations efficiently to maximize the
lence; people who are loyal to customers, col-
Since September 2013,
in businesses suited for SMEs, to increase sup-
positive impact on our shared growth.
leagues, and the company; and people who work
company-wide work-life balance policy to improve
hard to achieve their goals, and those of the
the quality of life for employees and help resolve
group and community.
social issues such as the low birth rate and em-
port for our SME partners, to install an eco-
launched the “Building A Greater
friendly business structure, to expand our eco-
Workplace” campaign. The company’s cus-
friendly community programs, to establish
tomer service experts visit corporate clients and
charitable foundations, and to implement sustainable growth strategies.
ployment stability for women. Five workplace
Training strategically
public organizations, offering them complimentary customer service advice and training to
2
promote a more positive and healthier working
Building winning partnerships
Mutual respect and shared vision with
environment.
’s
signed an MOU with a meis-
employed a
[1] Hanwha makes consistent communica-
nurseries were installed for working moms, and
operates a broad range of training pro-
the program is being expanded to two addi-
grams, including orientation courses for both new
tional areas in 2014. In addition, a special pack-
and experienced hires.
age for working moms containing various ma-
At the end of 2012, our new human resources sys-
ternity items is being distributed to employees
tem was refurbished to ensure that all our employ-
who are pregnant or whose spouse is pregnant.
ees are fairly evaluated based on performance.
Expecting and current mothers are also given a
In March 2013,
changed the employ-
special pink ID card holder so they receive spe-
2
[1] Hanwha Human Resources Develop-
partner companies has made our remarkable
ter high school in Seoul to provide specialized
growth and achievements possible.
vocational training and job placement activities at
actively engages with our partner companies,
the school by offering students training classes in
including frequent meetings between the CEOs
[2] Public ceremony to uphold the principles
chemicals, machinery, and electricity. Participants
of fair trade and win-win collaboration with
ment status of more than 1,900 of our non-reg-
cial care. With these programs, a total of eight
[2] Our investment in training begins with
of different
in this “
our small- and medium-sized business
ular workers to full-time employees, a first among
companies, including four from the manufactur-
orientation for new hires and continues
partners
Korea’s top-ten business groups.
ing and construction sector, two from the finance
throughout each employee’s career.
resolve any challenges facing us, and thus build
In addition, open employment for hiring high
sector, and two from the services & leisure sec-
winning partnerships.
school graduates was implemented for the first
tor, were certified as family-friendly corporations
time among Korean conglomerates. The com-
by the Ministry of Gender Equality and Family.
launched the Win-Win Cooperation Council to
pany university has received approval from the
Also,
establish venues to share
’s expertise
Ministry of Employment and Labor, and provides
Manufacturing Award” and the “Best CEO Award”
and best practices with our partner companies
education for finance, hotel management, and
for two years in a row, while
by providing joint venture opportunities, technol-
architecture, among others.
ceived the “Best in Finance Service Award” for
affiliates and leaders of our
partners, to improve our business practices,
and
Class” program often
receive career opportunities at
.
tions with partner companies to promote
share growth.
ogy/IP transfer, and favorable commercial terms.
Leading by example
All of
’s leading affiliates have executed
received the “Best in
re-
three consecutive years from “Korea’s 100 Best
Cultivating strong future leaders
Places to Work Award” selected by Great Work
In addition to our standard training programs,
Place Korea.
also supports a variety of advanced
a “Fair Trade and Mutual Growth” agreement with
degree programs to train
their business partners. Through this program,
that will lead us in the increasingly competitive
’s top talent
ment Center plays a key role in instilling our
core values of challenge, dedication, and
integrity in our people.
90
Quality Growth
Profile 2014
Top-notch talent, innovative technologies,
and trusted partnership are the cornerstones of
’s vision of “Quality Growth 2020,”
which motivates, inspires, and drives us to dream
beyond our imagination.
www.hanwha.com
July 2014
Published by Hanwha Group Management & Planning H.Q.
This profile has been produced
using the Forest Stewardship
Council certified paper and printing
method to protect forest resources.

Profile

Transcription

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