[New Year's Address] Hanwha Chairman Kim Seung-yeon "All Preparations Are Complete, Leap Forward with Passion"

"Leading the Market with the Best Competitiveness... Proven by Results"

Kim Seung-yeon, Chairman of Hanwha Group, emphasized on the 2nd that despite the challenging business environment expected this year, the company must lead the market through its "best competitiveness." In particular, he expressed confidence in making a leap forward through concrete achievements, stating, "All preparations are complete."

In his New Year's address to employees on the 2nd, Chairman Kim said, "We must not simply participate in the global market but possess the highest level of competitiveness demanded by customers around the world," adding, "Our technological capabilities and human resources are the competitiveness and strength of the Republic of Korea, so everyone must do their best in their respective positions."

He stated, "The current crisis, which cannot bring us down, only makes Hanwha stronger," and predicted, "This year, we will write a densely packed chapter in Hanwha's history, including the fourth launch of Nuriho, the first launch led by the private sector." He continued, "Now is the time to prove ourselves not with words but with execution, not with preparation but with results," emphasizing, "All preparations are now complete. Let us leap forward together with even greater passion."

He then expressed concerns about the external business environment this year but pointed out that internal spirit of challenge is more important. Chairman Kim said, "We are now facing more unpredictable challenges and difficulties than ever before," and emphasized, "However, the true crisis does not come from outside. The greatest warning sign of crisis is the attitude of silence, ignoring the challenges we face without solving them."

Chairman Seung-yeon Kim of Hanwha Group (Photo by Hanwha Group)

He said, "Especially in times like these, we must move forward with confidence in success through swift execution and relentless innovation," and stressed, "There is a big difference between knowing the path and walking the path. Now is the time to actually walk the path we know."

He added, "Even if the situation is favorable and hopeful for us, we must equip Hanwha’s unique capabilities that will not waver under any conditions with a sense of crisis and urgency that things can change in an instant," and urged, "We must revisit the basics of management such as personnel, production, and safety, and firmly fill them with flawless plans and flawless execution."

Chairman Kim also emphasized the responsibility to elevate the national prestige of the Republic of Korea by leading the global market. He explained, "Our major businesses are now competing with global companies in the global market beyond the domestic market," and said, "Our strategies must also change to suit the situation where various businesses are heading toward the world."

Furthermore, he stated, "To lead fierce competition in the global market to victory, we must also create a more ethical and innovative organizational culture," and presented, "Ethical awareness and a culture of compliance that meet global standards are essential for us to become the leading global company."

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