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Hanon Systems Hosts 2019 Forum to Promote Mutual Growth and Sharing with Suppliers
Company reaffirms
commitment to “Win-Win” mutual growth and collaborates with suppliers to support
the welfare of local communities
SEOUL,
South Korea, Nov. 1, 2019 – Hanon Systems (KS: 018880), a leading global
thermal and energy management automotive supplier, hosted a two-day event for
supplier partners in Korea to promote cooperation and mutual growth.
The
event, which took place Oct. 31 and Nov. 1 in Ulsan, was attended by 67 supply
partner companies that compose the Hanon Systems Supplier Council and featured
two forums – the Forum of Communication and the Forum of Sharing.
At
the Forum of Communication, attendees learned about activities to improve
productivity and global competitiveness, shared collective insights in leading
practices, and engaged in a special lecture surrounding the important social
issue in Korea related to reduced working hours for employees.
The
Forum of Sharing involved a collaborative donation activity aimed at fostering
a culture of social contribution. More than 72 million KRW was raised and
directed to support local underprivileged families and neighborhoods. This is
the ninth consecutive year for this event, which aligns with the company’s
Hanon Systems Citizen social responsibility program that commits to actions
that reach-out to parts of society that need support. Besides initiatives that
positively impact the welfare of local communities, the other two distinct
areas of this program include a focus on education and environment.
“Our
supplier business partners are valued and continue to play a significant role
in laying a solid foundation for a sustainable future,” said Min Sung, chief
operating officer of Hanon Systems. “We commit to this ‘win-win’ approach with
suppliers, and look forward to the ongoing and collaborative efforts that will
create value and result in mutual growth for all involved.”
Hanon
Systems plans to continue leading the realization of social values through
various programs, including technology, finance, management and education, with
a goal to build a system of win-win growth with suppliers.
Since
Hahn & Co. acquired majority equity interest in Hanon Systems in 2015, the company
has made significant progress in strengthening its supplier relationships
through various initiatives.
This
event marks the third for suppliers of Hanon Systems in 2019; the company’s
annual Partners Day was held in March and a seminar for suppliers was held in
April.