Our company boasts effective information-gathering capabilities, advanced trading
techniques and financing capabilities and strong business networks spanning across
the world, which allow us to provide our customers with world-class products and
services ranging from steel, chemicals, ocean-going vessels, industrial plants and
machinery to automobiles, electronic products and other specialized products.

Also our rich experience has enabled us to build strong marketing and information-
gathering capabilities. Thanks to these capabilities , we have successfully carried out
a variety of large projects including energy resources development projects and played
a key role as a global business organizer.

Recently we entered the shipbuilding industry, another high value-added business by
establishing Qingdao Hyundai Shipbuilding specialized in small to mid sized vessels in
Qingdao, China. The successful operation of the business has positioned our company
as a global trading, distribution/development firm based on manufacturing.

Our firm will continue to proactively deal with the rapid-changing trading environment
by diversifying our business portfolio, making our business more agile and identifying
new businesses. I'm convinced that successfully overcoming future challenges will
give our company another opportunity to take a giant step forward.

I'd like to take this opportunity to thank our customers for their continuous support and
interest. On behalf of our employees, I give our customers our promise that we're
devoted to making our firm one of the best in the industry by securing new business
opportunities.

Thank you.