COMPANY HISTORY

· Selected as an Outstanding Company by IBK (Industrial Bank of Korea)
Acquired Aggregate Extraction Business License

· Established a dedicated Research and Development Department.

· Acquired Main-Biz Certification from the Korea Federation of SMEs.

· Corporate name changed to ANSUNG ENGINEERING Co., Ltd.
· Relocated head office to Geumcheon-gu, Seoul.

· CEO changed to AN YOONHEE

· CEO changed to WOO SOONKI

· Capital increase (Total capital: ₩400,000,000).

· Awarded the 2006 SME (Small and Medium Enterprise) Management Grand Prize.

· Acquired license for offshore cargo transportation business

· Designed and manufactured Korea’s first container-type offshore batching plant (BP)

· Completed 3rd plant facility and acquired license for light metal refining industry
· Independently manufactured and delivered 3 pontoon barges for Sihwa Lake
· Designed in bolt-assembly format for easy assembly and disassembly
· Assembled units installed directly on-site

· Increased capital (Total capital: ₩200,000,000)
· Acquired license for aggregate screening and crushing business

· Launched full-scale installation and operation of batching plants at domestic LNG terminals

· Commenced full-scale installation and operation of batching plants (OEM production) for various expressway construction projects

· Began offshore plant manufacturing
· Designed and built the largest offshore batching plant in Korea for the first time
· Established a turnkey system including design, fabrication, installation, and concrete production (OEM)
· Completed one-line BP production facility in Anseong, Gyeonggi-do

· Converted to a corporation under the name Ansung Machinery Co., Ltd.
· Capital increase (Total capital: ₩100,000,000)
· Registered for metal structure and window construction (License No. 83-11-328)
· Began production of concrete plants and various industrial machinery

· Established Ansung Machinery Co., Ltd. (Founder and CEO: Mr. Kyu Chae Ahn)
· Commenced production of SILO and plant equipment