Chairman’s Message Commemorating
Hanwha Group’s 71st Anniversary

Greetings to the Hanwha family. Hanwha Group's 71st anniversary has dawned.

On this morning of our founding anniversary, we recall the steps of our predecessors who marked the beginning of Hanwha 71 years ago. The steps they took on that day, laden with the mission of that era to create a better world, helped forge a unique path forward and build a success story of our own.

Now, constantly facing immense challenges in an era of uncertainty, we look back on our founding period, as the fervor of that time is essential to navigating our endlessly dynamic path forward. Our fierce struggle for survival, bold execution, and open communication, together with our underlying indomitable entrepreneurial spirit and sense of mission, will steer Hanwha to reach 100 years and beyond.

Dear Hanwha family,

Let us mobilize our relentless persistence and tenacity to transform future uncertainties into a new history of success.

The history of Hanwha is one of creation, having reset and started anew countless times. Market expectations and trust in Hanwha’s innovation of optimal solutions for the future are higher than ever. Let us pursue a higher standard of perfection and originality for Hanwha. With Hanwha Ocean now moving into the future with us, let us once again create a powerful narrative of success through boldness and innovation that outstrips our past.

Let us harness the power of diversity to soar to new heights.

Our Hanwha spirit, our Hanwha DNA, drives us to “go further together” with inclusiveness and tolerance. We must look beyond our differences and combine our strengths to create a better organizational culture. In addition, we must identify our shortcomings with a discerning eye, and to overcome them through the spirit of innovation and challenge, we must continue to generously invest in talent and technology. Moreover, we must ensure that the efforts of our employees, which have given rise to our recent business successes and achievements, take root within our organizational culture so that Hanwha can overcome greater challenges.

Let us be a company that always walks the right path and aims for a better tomorrow.

Future-oriented ethical management becomes possible when there is a foundation of strong responsibility and work ethic from all employees. We must practice ethical management by adhering to strict ethics and compliance standards across all of our businesses, including the defense industry that protects our country and its citizens.

Dear Hanwha family,

Hanwha's success throughout the years is thanks to the tireless dedication of every Hanwha employee. Each one of you is a proud champion who has helped make Hanwha what it is today, and who will wield frontline innovation to drive us forward in the face of uncertainty. As champions, let us arm ourselves with the fiery spirit of our founding era to shape the next 100 years of Hanwha.

Thank you.

October 9, 2023

Seung Youn Kim
Chairman, Hanwha Group

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