Chairman Kim Seung-youn of Hanwha Business Group delivered his commemorative speech, celebrating the 71st anniversary and marking the founding spirit of doing business for the development of the nation and contributing to human society.
He gave his speech via the in-house broadcasting system on Oct. 10, the following day of the anniversary day, Oct. 9.
In the speech, titled “The Morning of Founding,” Chairman Kim evaluated that “Hanwha Group had written an unusual history of growth with the mission of the times.”
Chairman Kim emphasized that “the aggressively challenging of the founding era” is essential for the sustainable development of Hanwha Group, which undergoes dynamic changes, such as recent continued business realignment and M&As.
He cited the same desire for survival now as the founding era, aggressive execution and open communication.
He urged for an “unwavering founding spirt and a sense of mission in a determination of founding a startup every moment to make Hanwha a sustainable 100-year company.”
Chairman Kim did not forget a message of hope for Hanwha Ocean, which joined the group anew. He urged Hanwha Ocean’s executives and staffers to make strides beyond the previous history by accelerating innovation and challenging based on its potential strength.
Hanwha Ocean took home an order to build the Ulsan-class Batch-III 5th and 6th vessels, also known as the next-generation frigate of the Navy in a fierce competition.
Chairman Kim said if executives and staffers continue the group’s ongoing, grave innovation with a sense of conviction and pride, uncertainties will be transformed into a history of success.
In the anniversary speech, Chairman Kim said Hanwha’s DNA pursues the catchphrase “Far Away, Together” based on forgiveness and tolerance. He called for creating a better corporate culture by combining each other’s strengths and diverse culture trends through continued organizational overhaul and M&As.
He expressed hope that Hanwha’s recent successive feats, such as the successful 3rd launch of the bid on the Nuri rocket will serve as an opportunity to solidify a foothold to give Hanwha a top-tier corporate culture.
He asked for workers to put into practice “principle management” based on more heightened law-abiding spirit and unusual awareness toward ethics in all business areas.
Vice Chairman Kim Dong-kwan of Hanwha Group.(Photos: Hanwha Group)
Hanwha Vice Chmn. Kim Carries Out Avid Defense/Aerospace Industry Sales Promotion
Vice Chairman Kim Dong-kwan of Hanwha Group has been accelerating efforts to expand the defense industry business.
The move may be construed as Hanwha’s bid to expand the defense business on the global market, on the back of the achievements the defense business has made so far.
Vice Chairman Kim has also been overseeing efforts to explore future growth engines, such as aerospace and photovoltaic power businesses.
Vice Chairman Kim participated in the 32nd International Defense Industry Exhibition MSPO that took place in Targi Kielce, Poland, from Sept. 5 to Sept. 8.
He materialized ways of promoting cooperation with Poland, such as exporting of manned and unmanned ground vehicles and the establishment of joint ventures designed to produce and export “Horma-K,” a Polish version of the Chunmoo multiple launch rocket system.
Vice Chairman Kim has been prioritizing efforts to land more defense business orders on the global market so far this year.
He accompanied President Yoon Suk-yeol on an official visit to foreign countries, such as the United States and Vietnam as a member of a presidential economic delegation.
In June, he also appeared in the Paris Air Show and the New Way Smart Navy (MADEX) 2023 that took place at BEXCO, Busan, to give more weight on the defense business.
The reason behind Vice Chairman Kim’s active overseas trip is achieving his goal of making Hanwha Aerospace a global top 10 defense company by 2030.
The U.S. defense journal Defense News reported that Hanwha Group ranked 30th among defense companies with $4.78 billion in sales as of 2021.
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