OFE COMPANY PROFILE OFE CO., LTD

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1 OFE COMPANY PROFILE OFE CO., LTD #960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea ofe7141@naver.com

2 OFE-Contents HISTORY Data Main contents Established HANYOUNG Tech Co Completed a factory construction (Chilbuk-myun, Haman-gun) Changed the company name into OPE Co Began operating Haman Factory and supplied Otis Selected hub Otis enterprises (a total of 12 enterprises were selected for the 1st delivery) Purchased a plot of land to construct the 2nd factory (at 338 Hwacheon-ri) Registered as a venture business (kibo) Completed the 2nd factory (factory pyeong/land - 3,000 pyeong) Quality Management System Certification (KS Q ISO 9001:2009/ISO 9001:2008) Environmental Management Systems Certification (KS I ISO 14001:2009/ISO 14001:2004)

3 OFE-Overview of manufacturers Company Profile Business Overview division content Company's image company Kwangmyung Precision CO.,LTD Established President/ Ham young cheol Business Address #960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea TEL FAX

OFE -Vision Image Elevator/ heavy electric machine A Comprehensive Maker

customer values Performance Customer Activity Maximize the value of the

The company with high quality products that offers innovative production costs

4 OFE -Vision Image Elevator/ heavy electric machine A Comprehensive Maker Customer Performance To realize customer satisfaction management to create customer values Performance Customer Activity Maximize the value of the company by strengthening its competitive edge in the global market Activity The company with high quality products that offers innovative production costs and delivery Future Future The company actively dealing with the change in business environment

5 Increase in manufacturing parts of elevator OFE-History & Vision Founding Period 1994 Establishment of Kwangmyung Precision CO.,LTD Production of parts of automobile and agricultural machine Spring buffer of the elevator Take-off Period 2006 Increase in manufacturing parts of elevator - Sub-Weight - Rope Socket - Installation materials Moved the factory to a newly built place Growth Period 2010 A Leader in elevator parts Supply of parts to the global market Automobile/industrial use Heavy electric machine business Expansion Period 2012 Comprehensive Maker of elevator and heavy electric machine Automobile goods Parts of elevator Electric transformer/ electric generator Auxiliary generator

6 OFE-Vision Goal What is the goal to fulfill the vision of Kwangmyung Precision? Our goal is to grow up as a comprehensive maker which makes heavy electric machines, plants, and elevators, breaking through 100 billion won in sales by 2015.

7 OFE-Management policies and objectives Management (Quality) Policy Management Goal 1. We want be best for customer satisfaction 1. Establishing a customer based management system 2. Increase in sales and profits 2. Explore new growth engines 3. Enhance products, process, and capabilities of members 3. Operate OIT-based management system 4. Strengthen global competitiveness 4. Cultivate talents who are creative, innovative, and put things into practice

OFE-2012 Business Goals and Strategies Strategy Object 1 Maximize sales and financial performance Financial 2 Create new customers and take a challenge for developing new products 3 Improve

8 OFE-2012 Business Goals and Strategies Strategy Object 1 Maximize sales and financial performance Financial 2 Create new customers and take a challenge for developing new products 3 Improve added-value productivity through enhancement of the management system Sales: 50 billion won 4 Maximize profits through innovative cost cutting and thorough elimination of wastes Customer 1 Realize customer satisfaction management (Q+ L3 certified) 1 Maintain a flawless quality assurance system pre-tax profits: 2% Internal Process 2 Improve and maintain a company-wide quality management system 3 Operate and settle IT(ERP) and integrated production management system 4 Participate in policy programs for promoting small and medium enterprises, and improve the company s management efficiency Running & Growth 1 Manage the personnel more efficiently through reorganization of the structure 2 Provide well-organized education for the personnel to nurture creative talents Customer satisfaction rate Q + L3

9 OFE-Business Registration 공장등록증

10 OFE-Certificate 공장등록증

11 OFE-Certificate 공장등록증

OFE-Organization chart Organization (Units: people) Units: people Structural organization and Division of works team leader 4 Administrator team member 2nd factory 8 25 16 President Ham young cheol

12 OFE-Organization chart Organization (Units: people) Units: people Structural organization and Division of works team leader 4 Administrator team member 2nd factory President Ham young cheol (38) TOTAL: 53 Management Representative Managing Director (Lee sang hun) (2) (8) (24) (3) (16) Planning and Management Team Sales Management Team Production Management Team Development/Quality Control Team Heavy electric machine/ plant Managing Director Sim jae seok Managing Director Jeong seong gap Director Kim gwan su Managing Director Lee sang hun vicepresident Jeong dong sam General Affairs Human Resources Financial Accounting Management and Planning Facility Management Sales management Order Management Sales Management Buying Management Shipping Management Product Control production management production planning order management production, facilities, small president package stock management Quality Development Quality Development Quality Assurance Quality Improvement Quality Management Design the 2nd OPE factory Management(2) Sales(2) Design(2) manufacturing(10)

13 Heavy electric machine/ plant Status of Executives Position Name Position Name President Ham young cheol Managing Director Kim myeong sin Vice President Jeong dong sam Managing Director Kim byeong ho Managing Director Hong jun seok Technology Director Do won sik Status of personnel Management position Year management/sal es specialized post Technical post/ / Total

14 OFE- Company View(The 1st factory of the head office: Elevator, parts of automobile)

15 OFE- Company View(Kwangmyung Precision CO.,LTD )

16 OFE- Company View( 2nd factory: Department of Heavy electric machine business) 회사전경 ( 오페 2 공장 )

17 OFE- Company Map 회사전경 ( 오페 1,2 공장 / 광명정밀 ) #960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

18 Main items for sale Main items for sale Heavy electric machine business Parts of automobile and agricultural machine Chemical equipment Production and installment of plant pipes generator, auxiliary generator, electric transformer, decelerator Parts of automobile and agricultural machine / tank production, Chemical plant, Pressure containers industrial plant and shipping equipment Customers OTiS Wooju industril Co. Ltd Dalian Sigma Taeahn ind. Co., Ltd Sumitomo corp. Dong Hwan Ind. Corp. sungdong Tong yang moolsan co., Ltd. NEXEN TIRE CORP. Korea central CORP. S&T Dynamics GUMSANSANKI Hanil Industrial Co. HYUNDAI WIA

19 Production Process Drawings, review CUTTING PLAN inspection warehousing of materials marking cutting, bending spraying spraying material inspection confirmation of size inspection polishing assembly inspection /Test Delivery

20 Production Facilities Major facilities Category name of facility quantity location note Electricity 150KW Overhead Travelling Crane (2.8 tons) 4 1 crane per complex Overhead Travelling Crane (5 tons) 1 Complex 1 sawing machine/ 2 Complex 1 press machine 4 Complex 1 punching machine 1 Complex 1 miller 1 Complex 1 Major facilities lathe/ 1 Complex 1 welding machine Complex 1,1 shot blast machine 1 Complex 3 coating equipment Complex 3 The Complex 4: non-powered cranes 1 Complex 4 grinder 2 Complex 1 CNC molding machine Complex 1 Conveyor Heat Treatment 1 Complex 1 surface plate(4m*15m) 1 Complex 2 surface plate(4m*8m) 1 Complex 3 forklift 5

21 LOCATION #960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

22 LOCATION #960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea OFE CO., LTD LAYOUT Tent Open-air storage yard and shipping yard M Road Complex 1 (sawing machine, press machine, lathe, punch machine, CNC molding machine, grinder, etc.) Complex 4 Assembling and packaging Tent (rain block and shadow tent) 2 nd floor: dormitory Office building (3 rd floor) Complex 2 (welding machine, surface plate, etc.) Complex 3 (Packaging and coating) 1 st floor: dressing rooms, etc. )

23 Product specification 1) Processing and molding LASER CUTTING CNC PLASMA CUTTING Bending BENDING

bending, molding process, and forming process

equipment - manufacturing chemical equipment,

24 Product specification 1) Processing and molding molding process plant design - Shipping equipments and marine plant - Producing various products for cutting, bending, molding process, and forming process - oil refining, chemicals, chisel, plant equipment - manufacturing chemical equipment, fresh water equipment, generation equipment - manufacturing LNG equipment

25 Product specification 2) Plant Equipment HANDRAIL PIPE-SUPPORT PLANT TANK - Manufacturing and producing various plant equipment products - Improve competitive edge with one-stop facility equipment