Hanwha Systems Replaces Win-Win Workshop with Conference Call... 'Joining Social Distancing'

Hanwha Systems employees are conducting a pre-rehearsal for the 'Partner Win-Win Workshop' conference call.

[Photo by Hanwha Systems]

[Asia Economy Reporter Ki-min Lee] Hanwha Systems is actively participating in the social distancing campaign by replacing the offline event, the Partner Win-Win Workshop, with a conference call.

Hanwha Systems announced on the 18th that it will replace this year's Partner Win-Win Workshop, which has been held offline every year, with a conference call. The Partner Win-Win Workshop has been held annually since 2017 to promote mutual growth and smooth communication with partners, and this year, about 50 partner company executives and employees are expected to attend.

Hanwha Systems explained that this decision was made considering the health and safety of partner company executives and employees amid the spread of the novel coronavirus infection (COVID-19) and to participate in the social distancing campaign.

During this workshop, Hanwha Systems plans to share information on recent cost trends and revised regulations, including the introduction of the new defense cost system called the "Principle of Presumed Integrity" and the "Guidelines on Cost Calculation for Subcontractors."

Additionally, Hanwha Systems stated that time will be allocated to prevent cost fraud by sharing accurate cost calculation methods and compliance management cases. In particular, education on cost analysis and utilization methods using partner cost management system information will be conducted to encourage the prevention of various illegal factors in advance through transparent and reliable appropriate cost calculation.

A Hanwha Systems official said, "We plan various activities with our partners, including support for mandatory legal education for partners, a consultative body win-win competition, and education on localization systems for partners." He added, "Especially this year, with the launch of the Win-Win Cooperation Office, we will fulfill our social responsibilities through various activities that enable mutual growth with our partners."

This content was produced with the assistance of AI translation services.