Hye Seong Eng Co., Ltd.Company IntroductionHye Seong Eng Co., Ltd.Company Introduction

December, 2008

Company IntroductionCompany Introduction

VisionVision

As an expert company in manufacturing special trans,our company is being recognized for itstechnological ability and superior quality by globalcorporations.

Our company will reinforce its position throughtechnological competitiveness as global major notonly in Korea but also in the world.

In addition, through the development of electric carbattery recharger, our company will secure itsforeign and domestic market position by usingvarious electric application technologies accordingto the global technological trend.

Through aggressive investment and R&D, ourcompany will secure continuous and new futureenergy source and highly profitable business.

Company OutlineCompany Outline

Company Name

Founding Date

CEO

No. Employees

Capital Fund

Hye Seong ENG Co., Ltd.

February 1, 2000

Park Hyun Bok

15

300 Million Won

Mobile 011-9009-0393

ContactInformation

Tel:032)683-9065Fax:032)678-8767

E-mail hseng21@lycos.co.kr

Main Office 76-4 Naedong Ohjung-guBucheon, Gyeonggi

Business Type Manufacturing(Transformer)Manufacturing(Transformer)

Category 2005 2006 2007Sale

Amount 1,661 1,943 2,500

Sales Profit 148 206 280Net Profit 106 148 200

(Unit: Million Won)Achievement

(Unit: 100 Million Won)

2005 2006 2007

35

25

15

5

0

Company HistoryCompany History

l Developed highly efficient UV-Transformer by using CUT-CORE

l Developed NOISE CUT-TRANSFORMER

l CE MARK Certification

l Developed 400Hz 20,000V Dry Type-TRANSl Developed power saving appointment series reactorl Technological cooperation with Kyosan Company in Japan

(Developed MACHING TRANS for railroad signaling)

l Developed wave compensation system

l Developed Hyundai Elevator high speed reactor

l Developed lightening protection Insulation transformer

l Lightening impulse test 30,000V-1.2X50us approval

(Korea Electro-technology Research Institute)

Organization ChartOrganization Chart

대표이사

관리부

총무팀

경리팀

자재팀

영업부

국내팀

해외팀

생산부

생산팀

생산기술팀

품질관리팀

개발부

회로팀

설계팀

CEO

Administration Sales Production Development

Domestic

Overseas

Production

ProductionTechnology

QualityControl

GeneralAffairs

Accounting

Material

Circuit Tech.

Design

Business Area [TRANEFORMER]Business Area [TRANEFORMER]

Business Area (REACTOR)Business Area (REACTOR)

Business Area (AVR)Business Area (AVR)

Business Area (UPS)Business Area (UPS)

Sales ProjectionSales Projection

(Unit: Million Won)

Product

7,000TRANSFORMERTRANSFORMER

REACTORREACTOR

2008 2009 2010 2011

10,000

3,200

4,800

AVR/UPSAVR/UPS

Energy Saving ChargerEnergy Saving Charger

Long-Term Business PlanLong-Term Business Plan

One-step ahead customer needs analysis andprofitable model creationAggressive marketing/secure marketing channelDiverse routes of product sale/customer-orientedpolicy [customer satisfaction]

OJT vitalization for raising talented peopleSolid and rational decision makingEntire employees administration and managementmind formation

High profitable income through R&D investmentGrow as technology leading company in the industry[secure competitiveness]

Focused on Basic and Principles

Secure quality through process improvementBuild quality administration system throughIS0 9001Cost reduction through the innovationof production technology

ManagementInnovation

BusinessModel

Innovation

Production Innovation

Marketing Innovation

Long-Term StrategyLong-Term Strategy

~ 2008 ~ 2009 ~ 2010

Develop Koreanmultimedia functionproductBuild the company’sbrand basePatent productregistrationDual production

base

Energy SavingCharger Development Global Corporation

~ 2011

Develop energysaving charger

(home,car)Cost reduction andhighly profitablestrategyIndustry and

academycooperation productdevelopment

Continuous ProductDevelopment

Maximize profitabilityVitalize thecompany’s brandExport marketdiversificationNew developmenttechnology

promotion

Maximize profitabilityVitalize thecompany’s brandExport marketdiversificationNew developmenttechnology

promotion

New MarketDevelopment

New ProductDevelopment

Special MarketProduct Development

Expand OverseasMarket Dominance

IPO RegistrationPromotion

Special ProductDevelopment Diversification