Global Top Energy Solution Provider

Transcription

1 Power Systems Performance Unit Main Office ( ) 119 Mapodaero, Mapo-gu, Seoul, Republic of Korea (Gongdeok-dong) TEL_ FAX_ R&D Center ( ) 74 Simindaero, Dongan-gu, Anyang-si, Gyeonggi-do, Republic of Korea (Hogye-dong) TEL_ ~64 FAX_ Changwon Plant ( ) 171 Yeondeokro, Seongsan-gu, Changwon-si, Gyeongnam, Republic of Korea (Nae-dong) TEL_ FAX_ Global Top Energy Solution Provider Power Systems Performance Unit Direct Contact (Main Office) TEL_ ~9 FAX_

2 Power Systems Performance Unit Information & Communication Financing & Other Affiliated Companies Textile Industrial Materials Trading Construction Power & Industrial Systems Chemicals Power Systems PU Industrial Machinery PU HYOSUNG GOODSPRINGS PU Wind Energy Business Division Global Excellence HYOSUNG Hyosung aims to create higher values for humankind. We at Hyosung have a global network consisting of 36 manufacturing entities (including 4 branches), 12 trading entities (including 6 affiliated branches), and 19 trading offices, totaling to 67 operation centers all over the world, including the US, China, and Europe; through which we are pursuing Value Management through Global Excellence. We produce our world No.1 products - tire cords, spandex, seatbelt yarns, and airbag fabric as well as transformers, ATM units and PET bottles through our global production sites in the Americas, Europe, and Asia. We will serve the globe as a firstclass business operator by continuous R&D investments for new product development, active services targeted in enhancing customer satisfaction, and various global marketing strategies Business Performance of Hyosung CONTENTS 02. Overview 04. Sustainability 06. Our Business 18. R&D 20. Production Facilities 22. Global Networks Sales Operating Profit Current Status of Sales 2011 USD 10,235.6 Million 2011 USD Million USD 11,191.7 Million 2012 USD 168 Million 2012 USD 10,235.6 Million USD 11,191.7Million

3 Overview Hyosung Power Systems technology to light up the world. Power & Industrial Systems Performance Group(PG) Hyosung Power & Industrial Systems Performance Group, with the aim of becoming a Global Top Energy, Machinery & Plant Solution Provider, has been increasing its global competitive edge in electric power devices, industrial apparatus and materials, pumps, and wind power generation system through its innovative technology that leads global heavy industry. Hyosung is globalizing to sell its products in markets around the world, including markets in the Americas, Europe, Middle East, and Asia, and has been continuously growing to reach the level of advanced global companies by enhancing its technical capabilities, product competency, and brand awareness over the last several years. The Performance Group is composed of three performance units (Power Systems, Industrial Machinery, HYOSUNG GOODSPRINGS) and the Wind Energy Business Division. Power Systems Performance Unit Industrial Machinery Performance Unit HYOSUNG GOODSPRINGS Performance Unit Wind Energy Business Division Power Systems Performance Unit(PU) Hyosung s Power Systems Performance Unit provides a full spectrum of power generation, transmission, and distribution services, from design and engineering to the maintenance of equipment and has been building up on cutting-edge information technology resources and developing substation automation systems, such as power monitor and control systems, and early detection and prevention systems. Such vast product assortment and technical know-how are based on our product development history. In 1992, Hyosung was the first in Korea, and the sixth in the world, to develop a 765kV ultra-high voltage (UHV) transformer, and, in 1999, was the first in the world to manufacture the 800kV gas insulated switchgear (GIS), which has put Hyosung on an equal technological ground as its top global competitors. In 2006 we acquired one of the top five companies in quality terms as certified by the Chinese government, Nantong Hyosung Transformer Co., Ltd. in Jiangsu. Power systems Performance Unit is continuously striving to secure competitiveness in every aspect of quality, technology, sales, services, and management, in order to satisfy customer needs globally and become a top company in the world by providing customers with the best quality products and services in the power systems sector. 02 Power Systems Performance Unit 03

4 Hyosung is leading the electric power industry with its diverse products and services, from the energy production to energy consumption sectors. Sustainability Our sustainability principles are the backbone of the way we design and manufacture products Quality Assurance Hyosung strives for excellence. We believe excellence can only be achieved through absolute quality and value for customers. In order to create quality products, we believe that all of the actions of every single employee must be focused in the highest level of quality. In order to achieve such levels, we have implemented a quality assurance policy and programs that make our philosophy into a reality. Our Quality Assurance Policy was founded based on the management policy of the president and meets the demands of ISO As a globally active company, we are committed to comprehensive and quality management through three quality strategies: quality management system, customer-focused management system, and concentration on core competencies. The comprehensive quality management system ensures that we completely comply with all compliances and applicable legislation, codes, and standards in addition to implementing efficient operation of our management resources to eliminate unnecessary waste. Our customer-focused management system clarifies and simplifies our first priority which is customer satisfaction. All of our work is aimed to exceed customer needs and provide exceptional value through quality standards, flexibility, and innovation. Finally, we concentrate on our core competencies for strict quality control and continual improvement which provides quality products and cost-saving to our clients via advancement in technical capacity and technological innovation. We implement our policy via a Quality Management Team manages research laboratories, including the Measurement Standard Laboratory, the Chemical Analysis Laboratory and the Material Analysis Laboratory to maintain a strict control over quality. 04 Power Systems Performance Unit Environment Protection Policy Hyosung understands the impact of Hyosung s activities in the environment and works to protect the environment from pollution, manages the environmental impacts of Hyosung s products and technologies, and prevents future pollution and harmful effects in the environment by investing in environmentally-friendly products and solutions. Based on this eco-philosophy of shared responsibility, Hyosung has implemented a comprehensive environmental protection program that aims to minimize our impact on the environment and conserve resources. Our environmental policy fulfils all requirements of the ISO ISO 9001 Certificate ISO Certificate OHSAS18001 Certificate 05

5 Hyosung Power Systems Performance Unit Global Top Energy Solution Provider Our Business The Power Systems Performance Unit will achieve customer satisfaction by supplying the best quality products and services, and will secure a competitive edge in the global market through continuous business and management innovations. Transformers Power Transformer Distribution Transformers - Oil Immersed Transformer - Cast Resin Transformer Shunt Reactor Gas Insulated Transformer Special Transformers - FACTS Transformer - Mobile Transformer - Furnace Transformer - Scott Transformer Switchgears High Voltage Switchgears - High Voltage GIS(Gas Insulated Switchgear) - GCB(Gas Circuit Breaker) Medium Voltage Switchgears - Medium Voltage GIS - Vacuum Circuit Breaker - Air Circuit Breaker - PROSWGR - Metal-Enclosed Bus Duct & IPB Low Voltage Switchgears - Load Center - Motor Control Center - Control & Protection Panel - Metal-Enclosed Bus Duct Intelligent Electronic Devices ProPAC Series ProTAC Series ProNET Series System Solutions Distributed Control Systems ECMS HiSAS Welding Machines Arc Welding Machines Spot Welding Machines Spot Special Machines FACTS & Power Quality FACTS Power Quality Solution System Solution Engineering Engineering & Solutions Condition Monitoring Engineering Services Turnkey Solution 06 Power Systems Performance Unit 07

6 Transformers Cutting-edge designs and advanced analysis tools as well as strict in-process quality control and testing help ensure its unmatched record of reliability. In all industries from infrastructure systems to households, transformers play a vital role in securing a reliable power supply. Hyosung s transformers have been supplied to customers all over the world with full customer satisfaction and is building its reputation as a manufacturer with quality, professionalism, and superior technology. Power Transformer As the first domestic manufacturer of 765kV power transformers, Hyosung has earned a reputation of having the highest quality for over 40 years. We offer various types of power transformers with ratings up to 765kV. Our transformers have off-load or on-load tap changers to adapt to various network conditions and satisfy both national and international standards. We make sure that the overall quality of design, manufacturing and testing of our power transformers meet the specific specifications of each country and we offer customized services to ensure customer satisfaction. Distribution Transformers Hyosung was the first to produce a cast resin transformer in 1982 and have since been recognized for its technology in substation transmission and distribution industry. Hyosung has gained technical independence in order to adopt a unique and optimized design that produces the most reliable transformers. Oil Immersed Transformer _ Hyosung exports its oil immersed transformers to more than 25 countries all over the world. Based on know-how accumulated over several years, Hyosung s oil-immersed transformer has been supplied to various industries including semiconductor, steel work, and petrochemical. Further, as an outstanding and comprehensive solution provider, we respond to the demanding requirements of our customers by developing and manufacturing both eco-friendly and high-efficiency transformers. Cast Resin Transformer _ Hyosung s cast resin transformer features compact size, minimized power loss and noise by adopting the latest design techniques. Our cast resin transformer is certified by ISO and CESI, international certification authorities. In 2008, we obtained the coveted seismic and vibration test (Q-Class) certificate, proving once more that our quality management and technical competence are unmatched. Shunt Reactor Hyosung offers efficient shunt reactors that are manufactured to the needs of the global customers, helping to increase the effectiveness of their grids. Shunt reactors improve the effectiveness of the grid by compensating the capacitive reactive power, reducing system-frequency overvoltage during sudden load drop or no load, and improving stability of transmission. Hyosung designs and manufactures shunt reactors specialized for specific solutions including voltage ratings, type of operations, low loss and noise levels, connections, and type of cooling. Now Hyosung has established a facility dedicated to manufacturing shunt reactors of various voltages and actively exports shunt reactors to North America, Europe, and the Middle East, as well as to domestic industries. Gas Insulated Transformer Hyosung s SF6 gas insulated transformer is an excellent solution for densely populated and environmentally sensitive areas where oil-free transformers are needed. Hyosung s SF6 gasinsulated transformer offers excellent insulation, cooling characteristics, and thermal stability and provide an excellent solution for the areas when non-flammable transformers are needed. Special Transformers Hyosung provides transformers that are designed to fulfill the special purposes of the global customers. Hyosung s special transformers are used when equipment available on site have a unique voltage. Complying to international quality standards, these transformers offer high performance without any hassle. FACTS Transformer _ Hyosung s FACTS (Flexible AC Transmission System) transformer uses large capacity inverter technology to control the power system with high precision and high speed. Through the large capacity inverter, the transformer is designed and manufactured so that the effects from the flow of the harmonic currents and the DC current are minimized to improve the stability of the overall power system and quality, increase power transmission capacity, and reduce the total power transmission cost. Mobile Transformer _ Hyosung s mobile transformer is transported by and operated while fixed on a transportation vehicle. Its structure allows quick transportation and requires no assembly for installation. Hyosung uses a special insulation material suitable for high temperatures to satisfy the transportation conditions and to provide the maximum capacity. Furnace Transformer _ Hyosung s furnace transformer has been designed with strong withstanding voltage characteristics and high short circuit strength; it is mainly used as a shell type in steel manufacturing. Due to the operation characteristics of the furnace transformer, frequent switching surges and short circuit operations often occur and Hyosung s furnace transformer secures high reliability in order to solve this problem. In addition, since its current at the low voltage part is far higher than the general transformer for electric power, it uses the bar-coil which can endure the high current capacity to enhance the overall reliability. Scott Transformer _ Scott wiring transformer is mainly used for feeding power to the electric railways. Hyosung s Scott wiring transformer is designed to resolve the unbalance of the three-phase due to the single-phase load of the electric railway. To get a single-phase from the three-phase, the principal coordinate and the T-coordinate are Scott-wired. Specifications of the transformers for feeding the power to the electric railway are 30/40MVA, 45/60MVA, 60/80MVA, and 90/120MVA. 08 Power Systems Performance Unit 09

7 Switchgears As the first developer of 2-pole 800kV switchgear, Hyosung is the total switchgear solution provider offering global customers low, medium, and high voltage switchgears. Hyosung s switchgears are manufactured in accordance with all international standards such as ANSI and IEC, and recognized by international certificate authorities such as KEMA, CESI, and KERI for its quality and reliability. High Voltage Switchgears With world-class technology as a foundation, Hyosung provides the most advanced high voltage GIS and GCB with rated voltage up to 1,100kV. High Voltage GIS(Gas Insulated Switchgear) _ Hyosung offers a wide variety of SF6 Gas Insulated Switchgear ranging with rated voltages from 72.5kV to 1,100kV and rated shortcircuit breaking current up to 63kA. Gas Insulated Switchgear (GIS) refers to the general equipment of a substation in a metal enclosure filled with high-insulation SF6 gas and connected to the ground, which includes a circuit breaker, disconnecting switches, earthing switches, and peripheral devices (e.g., current transformer, voltage transformer, and lightning arrester). It can be installed in a small space in cities or buildings. Ensuring reliable and stable operation and good maintainability, it is especially suited for polluted and/or salty seashore areas. Our GIS ensures reliable and stable operation along with simple maintainability. Hyosung's GIS has acquired international certificates from KERI (Korea Electrotechnology Research Institute), CESI (Italy) and KEMA (Netherlands). Hyosung has now become synonymous as the most trusted GIS supplier in the world. GCB(Gas Circuit Breaker) _ Hyosung s puffer-type SF6 Gas Circuit Breaker boasts a superior operational rate, highly reliable braking, and has become recognized as the most trusted supplier in the world. Gas Circuit Breaker (GCB) is a switch, which its excellent extinction performance and insulation feature of the SF6 gas can input the normal current generated in the power system or block abnormal current. Our puffer-type SF6 GCB with superior arcquenching and insulation characteristics, is a dead tank type where the breaker is directly and mechanically earthed. With reduced failure rate and high reliability for frequent circuit operations, it boasts the best supply record domestically. Medium Voltage Switchgears Hyosung offers medium voltage SF6 GIS with rated voltage of 24~38kV, rated current of 1,250~3,150A and maximum rated breaking current of 40kA. With domestic and international references and abundant experience and technology, Hyosung s GIS features maximum reliability and safety in addition to minimized installation size. Medium Voltage GIS _ Hyosung s medium voltage Gas Insulated Switchgear (GIS) maximizes reliability and stability while minimizing the installation area. Hyosung s medium voltage GIS uses SF6 gas as its insulating material and includes circuit breaker, disconnector, and earthing switch in a sealed container for maximized reliability and safety. Air Circuit Breaker _ Hyosung s Air Circuit Breaker (ACB) is provided in two standard sizes for optimizing the switchgear. Hyosung s ACB features eight setting ranges for optimum use on site. It also protects the high current devices by using GE, while the users are protected with ZCT. With two types of standardized external dimension, the design of the switchgear is optimal. PROSWGR _ PROSWGR, Hyosung s best-selling switchgear model, reduces the space for installation by 40 percent as compared to older models. PROSWGR, our representative high-voltage switchgear model, reduces the installation area by 40 percent as compared to the previous models. In addition, it minimizes accidents from spreading since the control, busbar, circuit breaker, and cable units are perfectly partitioned. PROSWGR, which passed the KERI IEC test, provides various interlocks for user s safety. Metal-Enclosed Bus Duct & IPB _ Hyosung offers reliable and cost-effective Metal-Enclosed Bus Duct and IPB to satisfy the global customers needs. Our Metal-Enclosed Bus Duct is covered with a metal case, suitable for power plants and substations, buildings, and bus bar facilities in a factory. The Isolated Phase Bus (IPB) is optimum for high-currents and important high capacity facilities and power plants. Since the conductor is enclosed within a grounded metal case, there is no risk of accidents with the charging mechanism. Even if any accident occurs, the spread of the accident is limited. Finally, it is designed by complying with international standards such as ANSI, IEEE, and IEC, the product endures thermal or mechanical shocks from a short circuit. The conductor is insulated by the support from the insulation shell or the epoxy support insulation (Porcelain for IPB). Low Voltage Switchgears With its compact size, solid interior partition, and perfect insulation, Hyosung s low-voltage switchgear is the best-selling switchgear of the company. Hyosung s low-voltage switchgear, developed with in-house advanced technology, is the best enclosed switchgear with high-performance and reliability. It is the optimal product for power facilities, buildings, factories, public buildings, and various other power plants. Load Center _ Hyosung s Load Center has rated voltage of 600V or lower and features a draw-out type large-capacity air circuit breaker, potential transformer, and current transformer as auxiliary units. It is also equipped with indicators (Ammeter, Voltmeter), a protection relay (Under-voltage, Ground), a manipulation switch, and a test terminal block on the front. In addition, it provides sufficient space for the primary and secondary circuit s cable connection to allow easy installation and maintenance and has a control instrument on the front for easy operation. Motor Control Center _ Hyosung s Motor Control Center (MCC) strictly complies with industrial standards and is designed and manufactured taking into account the user s safety and convenience during operation. It is covered with steel in order to prevent accidents when power is impressed. In the past five years, our MCC has been supplied to Yeonggwang and Uljin nuclear power plants and to the thermal power plants in Taean and Hadong of South Korea. Hyosung has also recently developed a motor control center panel that utilizes an Air Circuit Breaker (ACB). Control & Protection Panel _ Control & Protection Panel manages all functions related to overall protection and control of circuit breakers, transformers, bus bars, and feeder lines for supplying stable power. Hyosung s Control & Protection Panel is suitable for various panel designs and manufactured in compliance with international standards such as IEC, NEMA, and ANSI. Through 3-dimensional design processes, the panel s electrical and mechanical characteristics are enhanced and various panel types may be manufactured. Vacuum Circuit Breaker _ Hyosung offers Vacuum Circuit Breaker (VCB) which features minimal maintenance and improved stability. Hyosung s Vacuum Circuit Breaker (VCB) adopts the latest vacuum switching technology to support up to 120,000 switching operations. By offering various models ranging from 7.2kV to 36kV, we are able to offer specifications optimal for plants and facilities across the world. VCBs are classified as: Fixed, E-class draw-out type, F2-class draw-out type, and G-class draw-out type. 10 Power Systems Performance Unit 11

8 Intelligent Electronic Devices Hyosung offers various digital meters and relays, each tailored to fit our customers specific purposes and necessary functions such as power system protection, control and instrumentation, and communication. The digital meters and relays are the core equipment for power systems. The Pro Series from Hyosung offers customers a complete solution in protection & control of power systems, measurement, and communication. The Pro Series is composed of ProPAC, ProTAC, and ProNET. System Solutions Hyosung offers a wide-area integrated monitoring sewage management system as well as a power-integration and a preventive diagnostic system utilizing an electrical power IT system. Based on Hyosung s customer service experiences in water treatment, industrial plant, and power facilities, it offers a wide-area, and a power-integration and preventive diagnostic system utilizing an electric power IT system. In addition, Hyosung provides solutions that will enhance customer value and competitiveness by increasing the synergy between industrial and electric equipment. ProPAC ProPAC digital protection relay is designed to protect and control the power system. Hyosung offers a specialized product line-up according to function, which also includes ModBus, a standard communication protocol. ProPAC offers a tailored line-up including feeder, transformer, motor, and C-GIS protection. ProTAC Hyosung s ProTAC, a digital measuring instrument, supports various industries via its monitoring of power quality and its digital meter, which displays measured harmonics values and zero-phase negative sequence values. Hyosung s ProTAC, is composed of ProTAC-Q (Power Quality) used to monitor power quality and ProTAC-M (Metering) used for general measurements. ProNET ProNET series is an epoch-making communication solution that transmits accurate data of a power system via a stable and reliable communication system. ProNET transmits accurate power system data to the superordinate system and is comprised of two different models with specified purposes: ProNET-μRTU (Micro Remote Terminal Unit) and ProNET-iMC (Intelligent Media Converter). ProNET uses the standard ModBus communication method, which enables communication without any additional communication conversion device. Distributed Control Systems Based on expertise accumulated over two decades in the water treatment and plant industry, Hyosung has supplied approximately 100 systems to domestic and overseas customers. Hyosung s Distributed Control System divides source-unit systems applied to automatic process control systems in a manner that is suitable to each plant. This is accomplished by Hyosung s distributed control system. A high-speed network connects the central monitoring system to the mini-system to produce an integrated system. ECMS Hyosung s ECMS (Electronic Equipment Control & Monitoring System) is a system which are monitors and controls for power generation facilities in a power plant or a substation; it is divided into the Bay, the InterBay, and the Station levels. The Bay level consists of the Protection Relay, Bay Controller, PLC, and RTU. It acquires the status and data of transformers, buses, and feeders and transmits them to the upper system. When any failure occurs or commands are received from the upper system, it controls the circuit breaker and is capable of performing other functions accordingly. It uses IED (Intellectual Electronic Device) which allows communication between IEDs and supports failure analysis and smooth operation & maintenance of the grid. The InterBay level processes and sorts the status and data of the devices found in the Bay Level and transmits them to the Station level. It performs the necessary logic using the acquired data, receives commands from the Station level, and transmits the commands to each Bay level device. The Station level stores the data received from the lower level and displays the system status in a graphic format. It generates events or alarms for important data to assist for user recognition and subsequently prints out the data. In addition, it receives user commands, transmits them to the lower level, receives the results from the lower level, and displays the final result. Therefore, it is able to analyze the failures and remotely set the devices in the Bay level. HiSAS The HiSAS is a total automated operation system for a substation that gathers a substation s operational information and connects the automatic operation program to the monitoring and control equipment. It supports comprehensive data management and the acquisition of substation data in order to maximize efficiency and convenience of system operations. Based on the advanced substation technology, the HiSAS provides a comprehensive preventive diagnostic of substation equipment, excellent security, and disaster prevention functions in order to protect customer assets from intrusion and the risk of disaster at all times. With its functional modulization configuration of the system, the HiSAS delivers easy system design and scalability. In addition, it guarantees reliability based on various application experiences and the redundant system configuration. A convenient environment and automated operation support allows the customer to operate the system efficiently with very little effort. 12 Power Systems Performance Unit 13

9 Welding Machines FACTS & Power Quality Hyosung entered the welding machine business in 1978 and accumulated technology and know-how through technical cooperation. We have since analyzed the needs of customers in the automobile, industrial and the shipbuilding industries to developed customer-focused, quality products. We also continuously initiate new technology development with a mission to grow together with our customers. Our CO2 inverter type welding machine holds 70% market share in the domestic automobile industry and the CO2 welding machine for shipbuilding has been recognized for its unique, specialized functions and quality. In 2007, we supplied approximately 13,000 welding machines and was ranked No. 1 in the domestic market. Hyosung s FACTS (Flexible AC Transmission System) & Power Quality Solution is a uniquely differentiated system that maximizes voltage stability and transmission efficiency and prevents deterioration of power quality. Hyosung s FACTS & Power Quality Solution offers a new solution to solve problems pertaining to the electric power system. The semiconductor switching device that overcomes the limitations of conventional mechanical control devices allows for the reduction of reactive power and ensures enhanced stability against accidents. Arc Welding Machines Hyosung s arc welding machine is developed with in-house digital waveform control method so that aluminum, stain-less, steel and various types of materials may be welded outstandingly. Hyosung s arc welding machine possesses the best function to perfectly overcome problems that may occurs during the welding process with its specialized multi-functional utility. Spot Welding Machines Hyosung s spot welding machine is a state-of-the-art product that maximizes productivity and reliability with the inverter control technology as a foundation. Spot Special Machines Hyosung s spot special machine offers a total solution for the manufacturing process of design > production > engineering > service in the automobile fuel tank, manufacturing construction, transformer enclosures, railway and more. FACTS Hyosung s FACTS (Flexible AC Transmission System) solution supplies leading/lagging reactive power to transmission lines in order to maximize voltage stability and transmission efficiency. The FACTS uses a large capacity inverter technology and controls the fast/precision of the electrical grid. FACTS increases the grid s safety and transmission capacity while reducing transmission cost. It is also effective in stabilizing the voltage variations in the grid due to the growing use of renewable energy sources such as wind turbines and dirty loads in furnace. Recently interest in FACTS as an important component of the future smart grid has increased. Power Quality Solution The Power Quality Solution prevents and minimizes the loss of power quality. It performs various functions such as the power supply solution, harmonics solution, voltage solution, and power quality monitoring. With the proliferation of sensitive and precise equipment, which is sensitive to power quality disturbances in applications such as computers, automation, telecommunication, medical, and military, the needs for a clean and reliable supply of power is increasing. Hyosung s Power Quality Solution minimizes the loss for customers by preventing any failure in power quality on site. System Solution Engineering Based on 40 years of accumulated T&D technology, Hyosung provides the best engineering solutions in the areas of FACTS & Power Quality, such as power system analysis, design & construction of substations, and customer service. Hyosung s technology has evolved accordingly with the needs of the customers as well as with the environmental demands. 14 Power Systems Performance Unit 15

10 Engineering & Solutions Hyosung provides the best total engineering service based on its expertise with power facilities. We work together for customers to increase of the value of their assets. Condition Monitoring Hyosung s facility diagnostic system is a solution that maximizes the lifetime of the facility as well as preventing power facility accidents before they occur. Hyosung s High Voltage GIS PD monitoring system is the optimum solution that prevents power facility accidents in advance and maintains the health of the facility. Hyosung s Medium Voltage GIS PD monitoring system measures the partial discharge (PD) signals which occur in the Medium Voltage GIS and prevents accidents. Engineering Services Hyosung provides a total engineering service for diagnosing, checking, and improving power facilities to increase stability and efficiency of the system. Turnkey Solution To meet the evolving demands of our global customers, we design and construct a wide variety of turnkey substations with competitive prices and first-class service through our accumulated experiences and knowledge as a manufacturer of high voltage electrical equipment. With decades of history in engineering, procurement, and construction of substations and switchyards, we design and construct substations that are 100% compatible with our customers existing and future needs anywhere in the world. No matter the standard, our the turnkey solution will satisfy with our customers demands. EPC system (Engineering, Procurement, Construction) System Engineering Team Procurement Team Service Team Site Office Local Subcontractor System Design and Engineering Service Ordering and Purchasing Equipment Erection and Test Supervision Construction Management Civil, Local Transportation, Erection and Test 16 Power Systems Performance Unit 17

11 Hyosung Power & Industrial Systems Research Institute is creating customer value by developing innovative technologies and new products with the best technical capabilities and a spirit of commitment, and is continuously conducting world-class R&D activities in a field that is vital for the 21st century. Research & Development Hyosung s globally proven technical capabilities in the heavy electric equipment and energy fields originated from Hyosung Power & Industrial Systems Research Institute, which has grown with Korea s technology development since its foundation in Hyosung Power & Industrial Systems Research Institute, which was operated based on dual system (Anyang Institute and Changwon Institute), is devoting all of its energy to the development of core technologies while creating leading products in the heavy electric equipment, power electronics, power automation solutions, and energy systems fields. Hyosung Power & Industrial Systems Research Institute is creating customer value by developing innovative technologies and new products with the best technical capabilities and strong commitment, and is continuously conducting world top class R&D activities in each research field. Research & Development Hyosung Power & Industrial Systems Research Institute is strengthening Korea s competitive edge through its advanced technology in the domestic heavy electric equipment field, and the fruits of its core technologies, i.e., 345kV transformer for nuclear power plants and 800kV 2 pole GIS (Gas Insulated Switchgear), won the Jang Yeongsil Grand Prize and Energy Grand Prize respectively, while its 100MVA STATCOM won an excellence award at the Korea Technology Grand Prize. In addition, the institute is focusing on the automation of power systems, such as IEC61850-based SA System and large FACTS, and research into the convergence of information technology. The institute developed Korea s first 80MVA UPFC based on individual technical capabilities, as well as the 100MVA STATCOM, which is currently being tested for market release. To strengthen the global competitive edge of the existing heavy electric equipment, Hyosung is conducting research into diverse solutions such as facility diagnosis, trouble analysis, remote preventive diagnosis, diagnosis sensor, and facility life assessment, and is also conducting research to secure a competitive edge for its existing products, through enhancing design reliability by establishing a reliability assessment center, advancing test processes, developing test and assessment technology, and supporting certification tests. Hyosung is growing to become a world-leading research institute based on its differentiated technical capabilities in the smart grid and new recyclable energy fields, which are drawing attention as next generation businesses, as well as in the field of heavy electric equipment. Specifically, the company s green businesses, such as EV Motor, photovoltaic PCS, wind power PCS, and fuel cell, including the smart grid, have been continuously and actively reviewed and studied. With regard to the smart grid, Hyosung is currently joining three areas of Jeju test projects (Smart Place, Smart Transportation, Smart Renewable), which are being promoted by the government, and is making efforts to secure base technology and products for the charging infrastructure business, such as by developing its EV Charger. In the areas of photovoltaic and wind power PCS, Hyosung is focused on reliability research for the development of appropriate PCSs and the enhancement of reliability, while for fuel cell, Hyosung is developing home use 1kW PEMFC and conducting research activities, through means such as preferential participation in the government s demonstration and extension projects. Major Development History MW ESS, 250kW/500kW PV PCS, EMS, 80kW PMSM for Electric Vehicles(EV), Drive for 80kW PMSM, EV Charging Infra, 1kW Dual Cell Stack, 1kW Direct Hydrogen type PEMFC system and Partial Discharge Diagnostic System for Power Transformer Power storage 20kW 800kW PCS, next-generation mid-sized torpedo motors, ray (50kW class) EV motors, transformer oil gas diagnosis solution (HiDGA), IEC61850-based 154kV MTR IED/170kV GIS IED Blue-on (60kW class) EV motors, Large-sized propellant motor, Distributed power Smart Energy solutions, 750kW-class DFIG PCS controls 100MVA STATCOM System-connected solar inverters (3kW, 50kW, 250kW), 1kW class PEMFC home generation systems, Ecological 25.8kV 25kA Dry Air-Insulated Switchgear (DAIS) (first in Korea), 245kV 40kA Motor Direct Drive Mechanism (MDDM) GIS 154kV gas transformers, 2MW-class wind power system 10MVA STATCOM, GIS partial discharge diagnosis system, Power transmitter class FACTS device core parts domesticized (first in Korea) 750kW class wind power generation systems, 100kW class fuel cell PCS, 36kV 31.5kA GIS 245kV 50kA class GIS (first in Korea), 25.8kV 25kA GIS (applicable size changed, first in Korea), 24kV 40kA 3000A GIS (first in Korea) 362kV 50kA GIS (first in Korea), 154kV 80MVA UPFC (FACTS) pilot plant (first in Korea) Substation Automation System, 300kV 40kA GIS 154kV 40MVA FACTS transformers, Interpolar condenser without capacitor, 170kV gas circuit breaker Distribution digital protection meters 800kV ultra-high voltage circuit breakers, 765kV transformer device preventive and diagnosis system, 200kW gas engine heat-combination systems, Package-type CNG filling systems, Nuclear power plant Q-class large-capacity motors, 362kV 63kA 8000A GIS (first in the world) Gas turbine co-generator, Railcar towing motors 765kV transformers (first in Korea) 170kV 31.5kA 1200A GIS Amorphous transformer (first in Korea) 154kV phase-separation transformers (3ph 154kV 386MVA) Nuclear power plant 345kV transformers (1ph 345kV 1187MVA/Bank) 18 Power Systems Performance Unit 19

12 Hyosung manufactures immaculate products with the latest production facility. Production Facilities Hyosung has specialized production facilities including mold factory that produces various molds in annual amount of 20,000t, a cannery that produces structures under thorough inspection from surface treatment to coating, and Clean Room with perfect dust proof facility. It also has an ultra-high-pressure laboratory equipped with a device to generate maximum voltage of 3.6 million and a pressure test device of 1.2 million voltage to conduct performance test and commissioning for all the products. Ultra-high-voltage Transformer Testing Facility It is a digital testing facility with capacity of 3,600kV that can test high-voltage, large-capacity transformers. Main equipment include a tester for impulse withstand voltage that measures status of insulation, a tester for power frequency withstand voltage, and a state-of-the-art precision system to measure voltage loss. Ultra-high-voltage Breaker Testing Facility Voltage Withstand Tester of Insulation for Breakers (600kV, 750kV and 1,000kV) The facility determines the status of insulation with a partial discharge (PD) test and a voltage withstand test for insulation materials used in breakers. Impact Tester The facility can test impacts ranging between 200kV and 2,000kV to determine the level of safety of GIS products against lightening and high voltage. Voltage Withstand Tester The facility verifies insulating strength of a breaker (400~1,200kV) and has two types: fixed type for a factory and portable type that can conduct an on-site test. Insulating strength can be tested at a factory and upon completing installation on site. Clean Room Particles destroy the insulation strength of a breaker while assembling the components, and therefore the assembly takes place in a Clean Room with high-tech facility. The Clean Room is managed in accordance with the supreme standard of leading breaker companies and the Clean Room class at Hyosung is maintained at the identical level to that of advanced countries. 20 Power Systems Performance Unit 21

13 Global Networks Hyosung is establishing a global network with the aim of implementing value management through Global Excellence. Global Top Energy Solution Provider Hyosung Power Systems Performance Unit Main Office & Production Sites Main Office (Seoul, Korea) Plant (Changwon, Korea) Plant (Sejong, Korea) Nantong Hyosung Transformer Co., Ltd. (Nantong, China) Baoding Hyosung Tianwei Transformer Co., Ltd. (Baoding, China) HICO America Inc. (PITTSBURGH, USA) Power & Industrial Systems R&D Center (Anyang, Korea) R&D Center (Changwon, Korea) 22 Power Systems Performance Unit