Introduction to DONGIN THERMO CO., LTD. Introduction to DONGIN THERMO CO.,LTD.

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1 29, BONGHWA-RO 223BEON AN-GIL, SEO-GU , INCHEON, KOREA TEL ~3, FAX Introduction to DONGIN THERMO CO.,LTD. 01. DONGIN THREMO CO., LTD. 02. Management Philosophy 03. Company Outlook 04. Organization 05. History 06. Affiliate Companies 07. Patent and Certificates 08. Domestic Dealers & Service Centers 09. Overseas Dealers 10. Annual Turnover 2 1

2 01 specialized in vehicle refrigeration system with advanced technology, Korean domestic market leader recognized world widely is specialized in manufacturing refrigeration system for special vehicles. As the transportation & logistic business sector grows up, the market is expanding with various demands from different customers in the world. We are enjoying our reputation in manufacturing special vehicles especially optimized for extreme transportation conditions to meet the customers satisfaction. We continue to improve our technology as well as design in order to play an important role in Korean automobile industry, and to become the leading company with advanced technology both in domestic and overseas market. By understanding customers vision thoroughly, we will keep developing DONGIN THERMO on the basis of accumulated experiences, know-hows, and best available technologies Transportation refrigeration system Vehicle refrigerator is a commercial system consisted of a thermally insulated vehicle body(box) and a heat pump(compressor, condenser, evaporator) that artificially transfers heat from the inside of the body(box) to its external environment by using gas system such as R-404A or R-134a refrigerant. Hence inside the box of a truck or a van is refrigerated for fresh storage of food or other perishable items. Dongin Thermo is manufacturing refrigeration units(condenser and evaporator driven by a compressor as well as installation kits.) 4 2

3 02 Management Philosophy value based management with the spirit of continuous challenge and creation Intelligent Intelligent Leading technology in highly growing refrigeration industry Investing in human resources, the origin of technology Innovative Insightful Innovative Innovative solution provider in rapidly changing biz field Distinguished technical competence for customers satisfaction Insightful Presenting directions of development with keen insight Future oriented growth together with customers 5 03 Company Outlook Satisfying customers and realizing the value of emotional touching based on creation and innovation CREATIVE & INNOVATIVE Business partner, growing with the customer Company CEO Jung, Choon-Youn Established In April, 1989 Main Business Product n capa Employees manufacturing vehicle refrigeration unit & refrigeration parts 7,200sets/ year (600sets per month) 25persons Turnover 14 million USD (in 2014) Tel / Fax TEL ) ~3 / FAX ) Address Factory Website 29, BONGHWA-RO 223BEON AN-GIL SEO-GU , INCHEON, KOREA 1 st factory : land 8,250m2 building : 1,650m2 2 nd factory : land 2,310m2 building : 660m

4 04 Organization Maximizing efficiency and expertise CEO 2 nd factory (coisl) Head office and 1 st factory R&D center (products & parts) Management Support CS & Sales installation Quality control production finance general affairs material delivery domestic overseas customer support main(incheon) Kia(Soha-ri) Kia(Yesan) Kia(Gwangju) Kia(Gyeongsan) process parts product product design Coil Hose Refrigeration unit 7 05 History Satisfying customer and realizing the value of emotional touching based on creation and innovation 1989 ~ ~ : established : KIA Motor Co., Ltd.'s OEM supplier : Samsung Motor Co., Ltd.'s OEM supplier : Utility model registration (accumulator) : ISO 9001 certified : Exclusive distributor of Denso Refrigerator Technology in Korea : Venture company certified (Korea Technology Finance Corporation) : CE certified : R&D center established : Visionary Enterprise in Incheon-city, Korea : Trademark applications in 20 countries 8 4

5 06 Affiliate Companies Dongin Thermo Co., Ltd. Direct driven type refrigeration unit manufacturer Special vehicle (ref. or dry box) Gyeongin Special Vehicle Inc. - Main office in Incheon Interlogis Co., Ltd. Logistic company Gyeongin Special Vehicle Inc. - factory in Yeongcheon Special vehicle (dump trucks) 9 06 Affiliate Companies Company KYEONGIN SPECIAL VEHICLE INC. main office in Incheon Established in April 1989 Main Business Special vehicles(ref. box), vehicle maintenance - Factory in Yeongcheon Product n capa 3,600sets/ year (300sets/ month) Employees Turnover Address 32persons 13.00million US dollar (in 2012year) Wanggil-dong, Seo-gu, Incheon, Korea KYEONGIN SPECIAL VEHICLE INC. company - factory in Yeongcheon established in March X4 dump Factory 1 st factory- land 13,200m2, building 1,980m2 2 nd factory- land 8,250m2, building 990m2 in Apr 1989.: KYEONGIN SPECIAL VEHICLE INC. established Main Business Product n capa Special vehicle(dump trucks), vehicle maintenance 1,500sets/ year 2012 (1,500~2,000sets per year) in May 1989 : factory built(1 st grade vehicle maintenance & special vehicle) Employees 12persons in May : supplied refrigeration box to Kia Motors (OEM) in Sept : Supplied refrigerator to Renault Samsung(OEM) in June : utility model (AL extrusion material) registered in July : trademark, service mark( Top Cold ) registered in July : ISO 9001 certified Turnover Address 4.50million USD/2012 year 6.00million USD/2013 year estimated Sari-ri, Daechang-myun, Yeongcheon-city, Kyungsangbuk-do, Korea 3WAY dump in March : INN0-BIZ company certified in July : Research Institute established Factory factory- land 13,401 m2 in May 2007 : supplied 1ton dry box to Kia Motor - building 2,170 m2 History in June 2007 : Venture company certified (Korea Technology Finance Corporation) in Sept 2007 : supplied new 1ton crane to Kia Motor in 2008 : supplied refrigeration box to Samsung Everland, CJ supplied 1.2ton ref/dry box to Kia Motors in 2009 : supplied LPI refrigeration box to Kia Motors History in Mar 2007 : designated as KIA OEM manufacturer in Sept 2007 : started production KIA BONGOIII dump in Nov 2008 : started coating booth (electro deposition coating) 4X2 normal dump in 2010 : supplied two-room refrigeration box to Dunkin Donut supplied three-room refrigeration box in Sept 2011 : supplied refrigeration box to Kia Motors in July 2012 : R&D center established in Oct 2013 : supplied plus refrigeration box to Kia Motors 10 5

6 06 Affiliate Companies Interlogis co., Ltd. Company INTERLOGIS CO., LTD. Established in Sep Main Business Operation vehicles Employees transportation, warehouse about 150 ref. truck (70 units of 2.5T truck, 80 units of 5T truck) 6 persons Turnover 7 million USD/ year Address 25 Tanbeol-dong, Gwangju-si, Gyeonggi-do, Korea 1. Samsung Everland Main Customers 2. CU(family mart) 3. GS Retail Patents and Certificates 12 6

7 08 Domestic Dealers & Service Centers city Dealer & CS shop city Dealer & CS shop Seoul 4 Gangwon 5 Incheon 3 Gyeongbuk 3 Gyeonggi 26 Gyeongnam 4 Chungbuk 4 Daegu 3 Chungnam 5 Busan 4 Daejeon 3 Gwangju 5 Jeonbuk 2 Jeju 2 Jeonnam 3 total Overseas Dealers Dealers Importing Countries St. Petersburg Nizhny Novgorod Vladivostok Ekaterinburg Moscow 알제리 Algeria 이란 IRAN Tehran 중국 CHINA 멕시코 MEXICO Guadalajara Shanghai 리비아 Libya 홍콩 Hong Kong 베트남 Vietnam 에콰도르 ECUADOR Guayaquil 콜럼비아 Colombia 페루 Peru 호주 Australia 칠레 Chile 14 7

8 10 Annual Turnovers [unit : USD1,000] Market In 2011 In 2012 In 2013 In 2014 Domestic 8,100 11,000 10,400 11,500 Overseas 700 1,000 2,100 2,500 Quantity 6,000sets 7,500sets 8,500sets estimated Total 8,800 12,000 12,500 14, domestic export 11,000 10,400 11,500 8,100 2,100 2, ,000 in 2011 in 2012 in 2013 in THANK YOU! CONTACT RICHARD J. YOUNG / OVERSEAS SALES MANAGER Mobile: +82 (0) rick@donginthermo.com freezan 8