Wednesday, March 15, 2017

Hyundai Heavy Industries, Company Presentation held 15 days



It was [Korea's financial standing hyomun newspaper reporter Hyundai Heavy Industries will hold a corporate presentation to foreign and domestic institutional investors in Yeouido 63 Building 15. Company Presentation day and has more than 500 recordings of this work, including gwonohgap vice president, legal representative of each division and key executives of the participants, domestic and foreign institutional investors and analysts to attend this showed a high interest.

Company Presentation was conducted in order to introduce the current situation and growth strategy of starting with the greeting of the Vice gwonohgap, four subsidiaries that background and expected effects, the division of the business division. Prior HHI month 27 days the shareholders' meeting through the existing Hyundai Heavy Industries shipbuilding ‧ Marine ‧ engines, electronics, construction equipment, robots, four companies to separate the business division inside attend shares 98% of overwhelming chanseongryul to vote for bar is.

Hyundai Heavy reduce the inefficiencies that occurred while operating with a far different nature of the business as a major innovation through business reorganization, it plans to strengthen the professionalism of each division. Each Saga quickly respond to business environment more established, changing the independent management system and is expected to be able to maximize their competitiveness. This transparency is expected to strengthen with the effects of cross-shareholding structure of governance to solve.

Gwonohgap "Hyundai Heavy Industries Hyundai Heavy Industries Vice Chairman through the day greeting Shipbuilding - out Dodger enterprise status as a leading maritime sector, spraying companies, including electronics and construction equipment also will launch a vigorous leap into each target the world's top five "I said," all the executives will do my best to be a company that can contribute to the national economy, and contribute to our society. "

It led to an introduction to the competitiveness and growth strategies of each corporate division. Once the split is completed, the company survive Hyundai Heavy Industries is expected to be significantly improved financial structure, including lowering the debt ratio below 100%. Based on this, its position as a global leader in the Shipbuilding Industry plans to solidify.

Modern electric energy systems and provide a stable revenue base through medium production equipment such as transformers and circuit breakers. Equipped with a full lineup of future medium-equipment industry, it is planning to focus on the energy solutions market occupancy. Modern construction machinery excavator in medium and large industries based on the various products in the domestic market as well as to the vehicle, to proactively expand into emerging markets is expected to continue to increase market share. Modern robotics is to develop and produce industrial robots readers, and spurring the development of new products for the IT market.

On the other hand, are divided according to certain trading halt since March 30 Hyundai Heavy Industries Co., is founded in April is one days the new three subsidiaries. Hyundai Heavy Industries Co., the new company is expected to be re-listed and 10 May.





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