Hanwha group brief presentation.tmp

Great Challenge :

Global Hanwha

The Hanwha Group is one of Korea’s top ten largest conglomerates with 44 affiliates in three major areas of

Manufacturing & Construction, Finance and Services & Leisure.

Overview of Hanwha

Hanwha Group Overview Group Sales Trend Employee Status

• Founded in 1952 and stands as one of Korea’s top ten conglomerates.

• Operates 44 affiliates and a network of 56 overseas subsidiaries and branches.

• Engages in 3 mainstay sectors of manufacturing & construction and services & leisure with finance at the core.

13,124

1,242

25,163

10,79712,878

1,152

21,895

7,865

13,474

1,326

24,919

10,119

2006 2007 2008

Manufacturing & Construction

Finance

Services & Leisure


Finance

Services & Leisure

Total(Unit: USD million)

30%

29%

41%

The Hanwha TRIcircle, a corporate identity program launched in January 2007 illustrates our business philosophy, our Group’s vision and our business activities.

It expresses our stature as a world-class enterprise that is advancing steadily.

Our Group Vision Our vision is to become a top-tier enterprise that enriches life and promotes the advancement of customers, society and humanity as a whole. The “Hanwha spirit” of trust and loyalty is the basis to this pursuit.

Our Corporate Philosophy

•Trust

•Respect

•Innovation

Our Business Hanwha is growing by generating synergyin three mainstay business areas: manufacturing & construction, finance, services & leisure.

Our Vision

Hanwha has walked a path of challenges for the past 57 years since being founded in 1952.

2000s Resurging as a global enterpriseDec. 2002 Korea Life Insurance, Shindongah Fire & Marine Insurance

(Currently Hanwha Non-Life Insurance), and 63City (Currently

Hanwha 63City) are acquired.

Jan. 2007 The Hanhwa TRIcircle CI is announced.

Feb. 2009 Managerial rights of First Fire & Marine Insurance is acquired.

1980s Diversifying business under new leadershipAug. 1981 Seung-Youn Kim is appointed as the Group’s

second chairman.

Dec. 1982 Full management rights to Hanyang Chemical and

Dow Chemical Korea are acquired.

Dec. 1985 The Junga Group is acquired (Currently Hanwha Resort).

Sep. 1986 Hanyang Stores is acquired (Currently Hanwha Galleria).

1990s Restructuring through selective concentration of resources

Oct. 1992 The Korea Explosives Group is renamed the Hanwha Group.

Dec. 1999 Yeochun NCC is established.

1970s Becoming the 10th largest conglomerate in Korea

Dec. 1972 Hankook Plastics Industrial is established.

May 1975 Bugil Foundation is established.

May 1976 Sungdo Securities is acquired

(Currently Hanwha Securities).

1950s Leading national recovery from warOct. 1952 Korea Explosives is founded (Currently Hanwha Corp.).

Jun. 1959 Korea Explosives localizes explosives and

supplies all the domestic demand.

1960s Establishing the Group’s foundation through nation-building

Jan. 1964 Shinhan Bearing Industrial is acquired.

Aug. 1965 Korea Hwasung Industrial is established (Currently

Hanwha Chemical and Hanwha L&C).

Jul. 1966 Taepyung Trading is established (Currently Trade

Division of Hanwha Corp.).

History Highlights

(Unit:USD million, As of December 31,2008)

2008 Financial Highlight

Hanwha ranks among Korea’s top 10 conglomerates and has sustained strong growth.

57,850

25,163

9,304

755

48,546

TotalSales

TotalAssets

TotalLiabilities

TotalStockholder’s Equity

Net Income

ManufacturinG & construction finance services & Leisure

Sales for Manufacturing & Construction in 2008 Sales for Finance in 2008 Sales for Services & Leisure in 2008

10,797 13,124 1,242

Business Portfolio

Hanwha Corp. www.hanwhacorp.co.kr

Hanwha E&C www.hwenc.co.kr

Hanwha Chemical Corp. hcc.hanwha.co.kr

Hanwha L&C www.hlcc.co.kr

Yeochun NCC www.yncc.co.kr

Hanwha Polydreamer www.hwpd.co.kr

Dream Pharma www.dreampharma.co.kr

Hanwha TechM www.hanwhatechm.co.kr

Dangjin Technopolis www.djtp21.com

Daedeok Techno Valley www.dtv21.co.kr

Asan Techno Valley www.atv21.co.kr

Seosan Techno Valley www.stv21.co.kr

Hanwha Galleria dept.galleria.co.krHanwha Timeworld dept.galleria.co.kr

Hanwha 63City www.hwrc.co.krHanwha Resort www.63.co.kr

Hanwha Development www.seoulplaza.co.krHanwha S&C www.hsnc.co.kr

Hanwha Station Development www.hanwha.co.krHancomm www.hancomm.co.kr

Hanwha Eagles Professional Baseball Club

www.hanwhaeagles.co.kr

Korea Life Insurance www.korealife.comHanwha Securities www.koreastock.co.kr

Hanwha Non-life Insurance www.hwgeneralins.comFirst Fire & Marine Insurance www.firstfire.co.kr

Hanwha Investment Trust Management www.koreatrust.co.krHanwha Venture Capital www.hwvc.co.kr

Hanwha is growing continuously by generating synergy in three mainstay business areas.

(unit: USD million) (unit: USD million) (unit: USD million)

• Hanwha Chemical, established in 1965, is Korea’s first producer of synthetic resin, producing polyvinyl chloride (PVC) in 1966 followed by low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) production.

• Korea’s first to enter the chlor-alkali (CA) field in the 1980s, and established the nation’s single verticalized system equipped with manufacturing facilities from raw materials to processed products.

• Aims to lead the global chemical market under the vision to become a “Global Chemical Leader by 2015.”

* 2008 Total Assets: USD 3,401 million* 2008 Total Sales: USD 2,749 million

• A leader in plastics processing for products in daily life and industries.

• Acknowledged for producing outstanding eco-friendly products and exporting them to the Americas, Japan and Europe.

• A global GMT market leader: The world’s second largest producer of glass mat-reinforced thermoplastics.

* 2008 Total Assets: USD 739 million* 2008 Total Sales: USD 920 million

• Opening a new frontier in urban development by the private and public sectors.

• Advanced multipurpose cities providing a new axis for economic growth.

Hanwha Chemical, a global chemical leader

Hanwha L&C, a world-class plastics processor Daedeok, Seosan, Asan Techno Valleys; Dangjin Technopolis

• Established as Korea Explosives Corp. in 1952, this mother company of the Hanwha Group is comprised of the manufacturing and trade businesses.

• The Manufacturing Division focuses on industrial explosives, munitions, and aerospace industry parts. The Trade Division acts as a global sales channel for overseas resource development and direct investments.


• Construction work scope includes project development, architectural design, and facility construction and operation.

• Joined the ranks of large construction companies with a 2011 target for new contracts set at US$4 billion.

• “Dream & Green” apartments and Galleria Foret, upscale commercial-residential apartments.



Investment in new business area has been stepped up and a globalproduction network is being built for a global Hanwha.

Hanwha Affiliates

Hanwha E&C, creating an eco-friendly living environmentHanwha Corp., manufacturing-based global competitiveness

Total Sales : Yearly Average KRW / USD Exchange Rate : 2008 KRW 1,104.76 / USD 1.00Total Assets : KRW / USD Exchange Rate as of December 31,2008 KRW 1,310.00 / USD 1.00

FinanceHanwha Affiliates

The Hanwha Finance Network is in place linking allfinance-related affiliates into an advanced global financial services group.

• Korea’s first life insurer established in 1946.

• Attained an AAA solvency rating for 2 consecutive years, the highest rating for a life insurer’s financial strength.

• Korea’s No.2 life insurer. (in terms of total assets and premium income)

• Korea’s first life insurer to initiate operation in Vietnam beginning April 2009.

* 2008 FY Total Assets: USD 40,150 million * 2008 FY Total Sales: USD 12,113 million

Korea Life Insurance, Korea’s leading life insurer

• Offers financial services through 48 offices and 11 branches since its foundation in 1962.

• Comprehensive asset management services are provided to maximize customer returns.

* 2008 Total Assets: USD 2,553 million* 2008 Total Sales: USD 464 million

Hanwha Securities, a total provider of finance & investment

Hanwha Finance Plaza

• Provides a one-stop service to customers linking Korea Life Insurance, Hanwha Securities, Hanwha Non-Life Insurance and other

connections of the Hanwha Finance Network.

• A domestic sales network of 5 regional HQs, 16 regional offices and 67 branches, and a compensation organization of 7 customer service centers and 31 customer service teams.

• Currently pursuing a merger with First Fire & Marine Insurance which joined the Group in 2008.


Hanwha Non-Life Insurance, No.1 competitiveness


• Opened in 1990 as Korea’s first exclusive outlet in Seoul’s upscale Apgujeong District.

• Seven stores nationwide including the latest opening in Jinju in August 2007.


Hanwha Galleria, Korea’s top premium department store

• Operates the Seoul Plaza Hotel, a popular five-star hotel, as well as Outside Catering services.

• Offers 479 guestrooms and various venues for banquets and business gatherings, medical spa at a five-star hotel, and tailored wedding services.


Hanwha Development, a domestic five-star hotel

• Manages the 63 Building and offers food & beverage, banquet, culture, and asset management services.

• A one-stop total entertainment space and a landmark of Seoul. * 2008 Total Assets: USD 30 million* 2008 Total Sales: USD 104 million

Hanwha 63City, a total entertainment space

Hanwha is bolstering its brand image in services & leisure, providing customers with offerings found nowhere else.

Services & LeisureHanwha Affiliates

• Operates a nationwide 12-resort chain with the most members and the most directly managed resort locations, the most used spa facilities using mineral waters, the largest number of golf courses, various theme parks and an equestrian park.

• Foodist provides food services for groups based on its 20 years of know-how and a sophisticated sanitation control system.


Hanwha Resort, a global leisure & food services leader


28 subsidiaries 28 offices

● europe

● asia & the Middle east

● america

Canada

Illinois

New YorkIndiana

California

Alabama

New Jersey

VirginiaTokyoShanghai

Taipei

ManilaHo Chi Minh

Nagasaki

SeoulBudapest

Milano

New DelhiAthens

Saudi Arabia

Almaty

UrumqiBeijing

Czech

Moscow

FrankfurtLondon

Shantou

BangkokHanoi

JakartaSingapore

Shenyang

Shenzhen

Hong Kong

Guangzhou

Hanwha heads for its dream to become a global enterprise backed by its global network of 28 overseas subsidiaries and 28 overseas branch offices.

Global Network

China Asia & The Middle East

Canada

Illinois

NewyorkIndiana

California

Alabama

New Jersey

VirginiaTokyo

Taipei

ManilaHo Chi Minh

Nagasaki

SeoulNew Delhi

Kazakhstan

Almaty

L

BangkokHanoi

JakartaSingapore

Saudi Arabia

Canada

Illinois

NewyorkIndiana

California

Alabama

New Jersey

VirginiaShanghai NingboMilano

Athens

UrumqiBeijingFrankfurt

London

Shantou

Shenyang

Shenzhen

Hong Kong

GuangzhouHanwha Corp.: Subsidiaries in Hong Kong and Shanghai, an anhy-drous sodium sulfate plant in Urumqi, and offices in Beijing, Guangzhou, Shantou, Shenzhen and Shenyang

Hanwha Chemical: Building a PVC plant in Ningbo with full opera-tion to begin in 2010

Hanwha L&C: Plants for automotive bumper parts in Beijing and Shanghai

Korea Life Insurance: Opened an office in Beijing

Hanwha Securities: Operates an office and an investment & con-sulting firm in Shanghai

Hanwha entered China, the world’s largest market, Asia and the Middle East in the early 1990s and is actively engaging in business.

China , Asia & The Middle EastGlobal Hanwha

Hanwha Corp.: Established a subsidiary in Tokyo to perform import/export and triangle trades in petrochemicals, IT products, steel, and machinery

Hanwha Chemical: Thai production subsidiary; manufactures and sells PVC products, expanding its business in Southeast Asia

Korea Life Insurance: Opened the Tokyo office; launched the Ho Chi Minh and Hanoi branches, entering Vietnam’s life insurance market

Hanwha Resort: Acquired the country club at Nagasaki Airport

Hanwha E&C: Started building Ma’aden power, desalination and ethyl-eneamine plants in Saudi Arabia

Hanwha Securities: Korea’s first to enter the Kazakhstan securities market

Canada

Illinois

New YorkIndiana

California

Alabama

New Jersey

VirginiaTokyo

Taipei

Manila

Nagasaki

SeoulBudapest

MilanoAthens

Czech

Moscow

FrankfurtLondon

u

Shenyang

Hongkong

Hanwha Corp.: A trading subsidiary in New Jersey which imports/exports raw materials and consumer products; Universal Bearings LLC., the manufacturing hub of the American operation

Hanwha L&C: Established Hanwha L&C Alabama, an automotive parts maker, and acquired Azdel, Inc., a maker of high-performance thermoplastic composites

Korea Life Insurance: An asset management subsidiary in New York

Hanwha Construction: Entered the American construction mar-ket via business such as the condominium project in Chicago

Canada

Illinois

New YorkIndiana

California

Alabama

New Jersey

VirginiaTokyo

Taipei

Manila

Nagasaki

SeoulBudapest

MilanoAthens

Czech

Moscow

FrankfurtLondon

u

Shenyang

Hongkong

Hanwha Corp.: Imports/exports steel products, automotive parts, machinery and processed plastics through its Frankfurt office

Hanwha L&C: An automotive parts plant in the Czech Republic

Korea Life Insurance: An office in London

Hanwha Hungary Bank: Provides loans throughout Europe

Hanwha Galleria: An office in Milan, Italy

America Europe

Hanwha Corp., Universal Bearings, Hanwha L&C, and Korea Life Insurance are creating synergy in America and Europe based on the Group’s 30-year

experience in the America market.

America, EuropeGlobal Hanwha

Social Welfare

• Visual and performing arts programs for children and social adjustment programs for disabled children through the company-wide “Happy Tomorrow” volunteer program

• Practical economics for low-income teens, providing support to achieve financial independence

• Support for North Korean children, International Assistance• Networking with local social welfare institutions• Free Medical Treatment for Children with Rare Diseases• Braille Calendars and the Beautiful Store

Corporate Citizenship

The Hanwha Group engages in numerous programs under the slogan“a treasured friend for tomorrow and a corporation grooming the next generation.”

Volunteering & Urban-Rural Exchanges

• Volunteer programs by individual affiliates: Happy Friends

• Disaster Relief Volunteer Corps• Volunteering by family members of workers• Support for urban-rural exchange programs

(urban-rural exchange camp, local festivals, etc.)

Arts & Culture

• Seoul International Fireworks Festival• Symphony Festival at Seoul Arts Center,

Teen Concerts• Art & Culture Events at Cheonggyecheon• Concert Tours• Hanwha Mecenat Concert

Sports & Education

• Founding of Bugil High School & Bugil Girls’ High School

• Hanwha Eagles• Hanwha Historical Museum, tracing

Korea’s explosives industry

Great Challenge :

Global Hanwha

Hanwha will continue to take on challenges to become truly global

Hanwha group brief presentation.tmp

Economy & Finance

korea life

mainstay business

hanwha finance

life insurance

marine insurance

hanwha chemical

hanwha corp

services amp