OFE COMPANY PROFILE

OFE CO., LTD

#960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

E-mail : ofe7141@naver.com

OFE-Contents

HISTORY

Data Main contents

2008. 01 Established HANYOUNG Tech Co.

2008. 10 Completed a factory construction (Chilbuk-myun, Haman-gun)

2008. 11 Changed the company name into OPE Co.

2009. 01 Began operating Haman Factory and supplied Otis

2009. 08 Selected hub Otis enterprises (a total of 12 enterprises were selected for the 1st delivery)

2009. 11 Purchased a plot of land to construct the 2nd factory (at 338 Hwacheon-ri)

2009. 12 Registered as a venture business (kibo)

2010. 05 Completed the 2nd factory (factory - 530 pyeong/land - 3,000 pyeong)

2011. 08 Quality Management System Certification (KS Q ISO 9001:2009/ISO 9001:2008)

2011. 08 Environmental Management Systems Certification (KS I ISO 14001:2009/ISO 14001:2004)

OFE-Overview of manufacturers

division content

company Kwangmyung Precision CO.,LTD

Established 1994.4

President/ Ham young cheol

Address#960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

TEL 055-586-7141

FAX 055-586-7142

E-mailkmco2000@hanmail.net

Business OverviewCompany Profile

•Business

•Company's image

Performance

Maximize the value of the company by

strengthening its competitive edge in the

global market

Customer

To realize customer satisfaction

management to create customer values

Activity

The company with high quality products

that offers innovative production costs

and delivery

Future

The company actively dealing with the

change in business environment

Elevator/ heavy electric machine A

Comprehensive Maker

Performance

Activity

Future

Customer

OFE -Vision Image

Take-off Period

2006• Increase in manufacturing parts of elevator

- Sub-Weight

- Rope Socket

- Installation materials

• Moved the factory to a newly built place

Founding Period

1994• Establishment of Kwangmyung Precision CO.,LTD• Production of parts of automobile and agricultural machine • Spring buffer of the elevator

Growth Period

Expansion

Period 2012

Comprehensive Maker of elevator and heavy electric machine

Automobile goodsParts of elevator

Electric transformer/electric generator Auxiliary generator

2010• A Leader in elevator parts

• Supply of parts to the global market • Automobile/industrial use• Heavy electric machine business

OFE-History & Vision

•Increase in manufacturing parts of elevator

OFE-Vision Goal

Our goal is to grow up as a comprehensive maker

which makes heavy electric machines,

plants, and elevators, breaking through

100 billion won in sales by 2015.

What is the goal to fulfill the vision of Kwangmyung Precision?

1. We want be best for customer satisfaction

2. Increase in sales and profits

3. Enhance products, process, and capabilities of members

4. Strengthen global competitiveness

1. Establishing a customer–based management system

2. Explore new growth engines

3. Operate OIT-based management system

4. Cultivate talents who are creative, innovative, and put things into practice

Management (Quality) Policy

Management Goal

OFE-Management policies and objectives

FinancialSales: 50 billion won

1 Maximize sales and financial performance

Strategy Object

Customer

Internal

Process

Running

& Growth

pre-tax profits: 2%

2 Create new customers and take a challenge for developing new products

3 Improve added-value productivity through enhancement of the management system

4 Maximize profits through innovative cost cutting and thorough elimination of wastes

2 Improve and maintain a company-wide quality management system

3 Operate and settle IT(ERP) and integrated production management system

1 Manage the personnel more efficiently through reorganization of the structure

2 Provide well-organized education for the personnel to nurture creative talents

1 Realize customer satisfaction management (Q+ L3 certified)

Customer satisfaction rate

Q+ L3

4Participate in policy programs for promoting small and medium enterprises, and improve the company’s management efficiency

1 Maintain a flawless quality assurance system

OFE-2012 Business Goals and Strategies

OFE-Business Registration

공장등록증

OFE-Certificate

공장등록증

OFE-Certificate

공장등록증

Organization (Units: people)

25team member

162nd factory

8Administrator

4team leader

Units: people

Structural organization and Division of works

Ham young cheol

President

Sim jae seok

Managing Director

Planning and Management Team

General Affairs

Human Resources

Financial Accounting

Management and Planning

Facility Management

(2)

Jeong seong gap

Managing Director

Sales Management Team

Sales management

Order Management

Sales Management

Buying Management

Shipping Management

Product Control

(8)

Kim gwansu

Director

Production Management Team

production management

production planning

order management

production, facilities, small president

package

stock management

(24)

Lee sang hun

Managing Director

Development/Quality Control Team

Quality Development

Quality Development

Quality Assurance

Quality Improvement

Quality Management

Design

(3)

Jeong dong sam

vice-president

Heavy electric machine/ plant

the 2nd OPE factory

Management(2)

Sales(2)

Design(2)

manufacturing(10)

(16)

(38)

(Lee sang hun)Managing Director

Management RepresentativeTOTAL: 53

OFE-Organization chart

Heavy electric machine/ plant

Position Name Position Name

President Ham young cheol Managing Director Kim myeong sin

Vice President Jeong dong sam Managing Director Kim byeong ho

Managing Director Hong jun seok Technology Director Do won sik

■ Status of Executives

Year

Management position

Technical post/ / Totalmanagement/sal

es specialized post

2012 4 2 10 16

■ Status of personnel

OFE- Company View(The 1st factory of the head office: Elevator, parts of automobile)

OFE- Company View(Kwangmyung Precision CO.,LTD )

회사 전경(오페2공장)

OFE- Company View( 2nd factory: Department of Heavy electric machine business)

회사전경(오페1,2공장 /광명정밀)

#960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

OFE- Company Map

■ Main items for sale

Heavy electric machine businessgenerator, auxiliary generator, electric

transformer, decelerator

Parts of automobile and agricultural machine Parts of automobile and agricultural machine

Chemical equipment/ tank production, Chemical plant, Pressure containers

Production and installment of plant pipes industrial plant and shipping equipment

Main items for sale

■ Customers

OTiS Wooju industril Co. Ltd

Dalian Sigma Taeahn ind. Co., Ltd Sumitomo corp. Dong Hwan Ind. Corp.

sungdong Tong yang moolsan co., Ltd. NEXEN TIRE CORP. Korea central CORP.

S&T Dynamics GUMSANSANKI Hanil Industrial Co. HYUNDAI WIA

Production Process

CUTTING PLAN

inspection

material inspection

confirmation of size

inspection

Drawings, review

marking

spraying

polishing

Delivery

assembly inspection /Test

warehousing of materials

spraying

cutting, bending

Production Facilities

Major facilities

Category name of facility quantity location note

Electricity 150KW

Majo

r facilitie

s

Overhead Travelling Crane (2.8 tons) 4 1 crane per complex

Overhead Travelling Crane (5 tons) 1 Complex 1

sawing machine/ 2 Complex 1

press machine 4 Complex 1

punching machine 1 Complex 1

miller 1 Complex 1

lathe/ 1 Complex 1

welding machine Complex 1,1

shot blast machine 1 Complex 3

coating equipment Complex 3

The Complex 4: non-powered cranes 1 Complex 4

grinder 2 Complex 1

CNC molding machine Complex 1

Conveyor Heat Treatment 1 Complex 1

surface plate(4M*15M) 1 Complex 2

surface plate(4M*8M) 1 Complex 3

forklift 5

LOCATION

#960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

LOCATION

#960-4 Hwacheon-ri, Chilbuk-myeon, Haman-gun Gyeongnnam, Korea

OFE CO., LTD LAYOUT

40000

Tent

Open-air storage yard and shipping yard

8000 8M Road

22500

Complex 1 (sawing machine, press machine, lathe, punch machine, CNC molding machine, grinder, etc.)

11800

16

00

0Complex 4 Assembling and packaging

22300 Tent (rain block and shadow tent)

22500

Office building (3rd floor)

Complex 2 (welding machine, surface plate, etc.)

Complex 3 (Packaging and coating)

2nd floor: dormitory

1st floor: dressing rooms, etc.)

8000

8000 8500 41500 3200 47800 4200 8000

1) Processing and molding

■ LASER CUTTING ■ CNC PLASMA CUTTING

■ Bending ■ BENDING

Product specification

1) Processing and molding

■ molding process

Product specification

■ plant ■ design

- Shipping equipments and marine plant - Producing various products for cutting, bending, molding process, and forming process - oil refining, chemicals, chisel, plant equipment- manufacturing chemical equipment, fresh water equipment, generation equipment- manufacturing LNG equipment

2) Plant Equipment

■ HANDRAIL ■ PIPE-SUPPORT ■ PLANT

- Manufacturing and producing various plant equipment products - Improve competitive edge with one-stop facility equipment

Product specification

■ TANK

Performance of main production (pressure containers)

Industrial Machinery

Industrial Machinery

Industrial Machinery

ENCLOSURE for co-generation equipment Engine muffler

)

Industrial ENCLOSURE

Shipping, marine

Industrial Machinery - IPB

Industrial Machinery - IPB

Automobile parts, elevator

Automobile parts, elevator

Automobile parts, elevator

Automobile parts, elevator

Automobile parts, elevator

Automobile parts, elevator