DAEKYUNG CO., LTD. COMPANY PROFILE 2009 PROFESSIONAL LIFTING SOLUTION

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DAEKYUNG CO., LTD. COMPANY PROFILE 2009 PROFESSIONAL LIFTING SOLUTION ADDRESS: 1521-6, DADAE-DONG, SAHA-GU, BUSAN, KOREA TEL:+82)51 264 6611 FAX: +82)51 264 6615 WEB: http://www.genhoist.com Copyright by DAEKYUNG CO., LTD. all rights reserved.

CONTENTS 1. INTRODUCTION 2. HISTORY 3. ORGANIZATION STRUCTURE 4. SALES NETWORK 5. PRODUCTS 6. AVAILABLE CERTIFICATION 7. CONTACT INFORMATION

1 INTRODUCTION 1: DAEKYUNG CO., LTD. Daekyung Co., Ltd. specializes in manufacturing top quality hoists for various industries, especially marine & shipbuilding, in Korea. With its excellence in product quality and service, Daekyung has been supplying hoists to following top leading shipbuilders since 1978: Hyundai Heavy Industries. Co., Ltd. Samsung Heavy Industries Co., Ltd. Daewoo Shipbuilding & Marine Engineering Co., Ltd. STX Shipbuilding Co., Ltd. Hyundai Samho Heavy Industries Co., Ltd. Hanjin Heavy Industries & Construction Co., Ltd. Hyundai Mipo Dockyard Co., Ltd. Dae Sun Shipbuilding & Engineering Co., Ltd. SPP Shipbuilding Co., Ltd. All products are designed and manufactured to pass class certification/inspection from the following facilities (more options available): G.L. (Germanischer Lloyd) DNV (Det Norske Veritas) ABS (American Bureau of Shipping) L.R. (Lloyd s Register) N.K. (Nippon Kaiji Kyokai) CCS (China Classification Society) Daekyung hoists are produced and marketed under the trademark name Black Bear Hoist in Korea. To further expand the sales market, DKI (formerly known as OTC) was established. DKI is in charge of all foreign operations and sales for Daekyung. Black Bear Hoist will sell as Gen Hoist in overseas countries. Black Bear Hoist is a registered logo and trademark of Daekyung Co., Ltd. in Korea GEN is a registered logo and trademark of Daekyung Co., Ltd. in overseas countries Head Office INTRO History Structure Network Products Certificate Contact With 30 years of dynamic experiences in lifting equipment business, especially with shipyards, we can provide our customers crucial advice and support. Manufacturing Plant

2 HISTORY 2-1: COMPANY HISTORY DATE CONTENTS 1978.08.25 Established Daekyung Co., Ltd. in Busan, South Korea 11.14 Completed construction of manufacturing plant in Sasang Industrial Area 11.29 Completed development of chain block and started manufacturing 1980.04.17 Designated as one of the top enterprises by the Ministry of Commerce and Industry of Korea 12.15 Chain blocks passed quality inspection undergone by Korea Institute of Machine and Materials 1982.02.15 Completed development of lever block and started manufacturing 03.02 Lever blocks passed quality inspection undergone by Korea Institute of Machine Test 10.05 Recognized as a superior enterprise by the Small & Medium Enterprise Promotion Group 1988.10.01 Completed development of electric hoist and started manufacturing 1992.01.01 Moved main manufacturing plant from Sasang to Dadae in Busan 1994.01.28 Achieved KS mark after passing inspection undergone by Korean Industrial Standards 1996.11.12 Approval of Korea Occupational Safety and Health Agency, passed design & operation inspection 1998.12.23 Approval of ISO 9002 2000.01.28 Approval of CE mark (TUV) 2003.01.23 Approval of ISO 9001 2006.02.16 Completed development of new types of chain blocks and started manufacturing 04.20 Completed development of dust-proof electric hoist and started manufacturing 2006.07.31 Established Overseas Trades & Communication (OTC) in Seoul, South Korea 2009.01.01 Changed the name OTC to DK International 2009 - Primary supplier of manual/electric hoist to shipbuilders in Korea Intro Structure Network Products Certificate Contact HISTORY

2 HISTORY 2-2: GROWTH IN ANNUAL SALES 2003 $9.2 mil. 2004 $10 mil. 2005 $10.5 mil. 2006 2007 $11.5 mil. Annual Sales in 2008 $16 million $13.3 mil. Intro Structure Network Products Certificate Contact HISTORY Unit: USD $

2 HISTORY 2-3: EXPORTS WORLDWIDE PROFESSIONAL LIFTING SOLUTIONS PROVIDED WORLDWIDE Finland ASIA EUROPE Romania China N. AMERICA AFRICA Rep. of S. Africa OCEANIA Australia S. AMERICA Peru Chile Intro Structure Network Products Certificate Contact HISTORY

2 HISTORY 2-4: MAIN PARTNERS Daekyung s products are widely used by shipbuilding and heavy industries in Korea including following partners: Hyundai Heavy Industries Co., Ltd. http://www.hhi.co.kr Daewoo Shipbuilding & Marine Engineering Co., Ltd. http://www.dsme.co.kr Samsung Heavy Industries Co., Ltd. http://www.shi.samsung.co.kr Hyundai Samho Heavy Industries Co., Ltd. http://www.hshi.co.kr Hanjin Heavy Industries & Construction Co., Ltd. http://www.hanjinsc.com Hyundai Mipo Dockyard Co., Ltd. http://www.hmd.co.kr STX Shipbuilding Co., Ltd. http://www.stxship.co.kr Dae Sun Shipbuilding & Engineering Co., Ltd. http://www.daesuns.co.kr SPP Shipbuilding Co., Ltd. http://www.sppship.co.kr Intro Structure Network Products Certificate Contact HISTORY

3 ORGANIZATION STRUCTURE 3-1: ORGANIZATION CHART Marketing Division Foreign Operation Domestic DK International Marketing Supporting Supporting domestic overseas activities distributors S.B. Marketing Supporting domestic shipbuilders CEO Production Division Manual Hoist Dept. Electric Hoist Dept. Chain blocks Electric hoist and Lever Blocks trolleys Trolleys Accounting Division Quality Assurance Research & Dept. Development Dept. Class certification Technical & Quality inspection Mechanical R&D Intro Network Products Certificate Contact History STRUCTURE Number of Total Employees as of 2009 : 62

3 ORGANIZATION STRUCTURE 3-2: SALES OPERATION ISO9001 & ISO9002 Domestic Market Overseas Market Registered Trademark In charge of sales and support DAEKYUNG CO., LTD. www.dkhoist.com Registered Trademark In charge of sales and support DKI www.genhoist.com Intro Network Products Certificate Contact History STRUCTURE

4 SALES NETWORK 4: LOCAL DISTRIBUTOR NETWORK IN KOREA Number of active Black Bear Hoist distributors in Korea: 25 local distributors SEOUL, KYONGGIDO -DAEKYUNG MACHINERY CO., LTD. -DAEKYUNG ANYANG BRANCH -WOONGJIN CORP. -TAEWON TRADING CO., LTD. -JANGGU GONGSA (CHUNGGE, SIHUNG, GURO) -SAMWON CORP. SOUTH CHOLLADO -SHINWON CO., LTD. -ALPHA CO., LTD. Seoul Kyonggido S. Chungchongdo N. Chollado Kangwondo N. Chungchongdo N. Kyongsangdo S. Kyongsangdo NORTH KYONGSANGDO -CHEKIM TECH TOOL CO., LTD. -KYUNGBOK TOOL TECH CO., TLD. BUSAN, SOUTH KYONGSANGDO -DAEKYUNG SEOMYON BRANCH -DAEKYUNG SASANG BRANCH -DAEKYUNG KUKJE BRNACH -HANKOOK CORP. -DAEKYUNG ENGINEERING -SEOKYOUNG TRADING CO., LTD. -S2N TECHNICO -DUKWON CO., LTD. Intro History Structure NETWORK Products Certificate Contact S. Chollado South Korea

5 PRODUCTS 5-1: MANUAL PRODUCT LINE-UP CHAIN LEVER TROLLEY PULLING PRODUCT BLOCK BLOCK PLAIN GEARED CLAMP MODEL NAME DH DLS DPT DGT DSP CAPACITY [ TON ] 0.5 1.0 1.5 1.6 2.0 3.0 5.0 6.0 8.0 10.0 15.0 20.0 30.0 40.0 50.0 70.0 100.0 Plain Trolley DPT Series Chain Block DH Series Geared Trolley DGT Series Lever Block DLS Series Intro History Structure Network PRODUCTS Certificate Contact

5 PRODUCTS 5-2: ELECTRIC PRODUCT LINE-UP PRODUCT MODEL NAME CAPACITY [ TON ] HOOK SUSPENSION ELECTRIC HOIST MOTORIZED TROLLEY DE DKEH DEA DKEHA 0.5 1.0 2.0 3.0 5.0 7.5 8.0 10.0 15.0 20.0 DE Series - DE series are available up to 2.0 ton (Hook Suspension / Motorized Trolley) DKEH Series - DKEH series are available for 3.0 ton and higher (Hook Suspension / Motorized Trolley) Hook Suspension DE Series Hook Suspension DKEH Series Motorized Trolley DEA Series Motorized Trolley DKEHA Series Intro History Structure Network PRODUCTS Certificate Contact

5 PRODUCTS 5-3: SPECIAL TYPES PRODUCT LOW HEADROOM CURVED BEAM TROLLEY PLAIN GEARED ELECTRIC PLAIN GEARED ELECTRIC MODEL NAME DLHP DLHG DELH DBPT DBGT DBET CAPACITY [ TON ] 0.5 1.0 1.5 2.0 3.0 5.0 7.5 10.0 15.0 20.0 30.0 Low Headroom Types - Hoist specially designed for minimum distance between lifting hook and beam Curved Beam Trolley - Trolley specially designed for curved beams with minimum curve radius Curved Beam Trolley DBET Series Curved Beam Trolley DBPT with Chain Block DH Intro History Structure Network PRODUCTS Certificate Contact

6 AVAILABLE CERTIFICATION 6-1: AVAILABLE CLASS CERTIFICATION Daekyung s products are designed and manufactured to pass class inspections from following world prominent facilities (more options available upon request): GERMANISCHER LLOYD RINA LLOYD S REGISTER NIPPON KAIJI KYOKAI DNV ABS BUREAU VERITAS CCS Intro History Structure Network Products CERTIFICATE Contact

6 AVAILABLE CERTIFICATION 6-2: ACQUIRED CERTIFICATION Daekyung s products are qualified for CE and Korean Standard as following: CE CERTIFIED PRODUCT LIST Plain Trolley DPT series: all models Geared Trolley DGT series: all models up to 50 ton Curved Beam Trolley DBPT, DBGT, DBET series: all models Chain Block DH series: all models except 0.5 and 8 ton Lever Block DLS series: all models except 0.75 and 2 ton Electric Hoist DE, DEA, DKEH, DKEHA series: all models Low Headroom Hoist DLHP, DLHG, DELH series: all models KS (KOREAN INDUSTRIAL STANDARDS) CERTIFIED PRODUCT LIST Chain Block DH series: 1.0 ton to 5.0 ton Daekyung is certified by International Organization for Standardization Intro History Structure Network Products CERTIFICATE Contact ISO 9002 certified in 1998 ISO 9001 certified in 2003

7 CONTACT INFORMATION 7: CONTACT INFORMATION For domestic inquiries in Korea, please contact us at: Company Name: Daekyung Co., Ltd. Address: 1521-6, Dadae-dong, Saha-gu, Busan, South Korea Tel: +82) 51 264 6611 Fax: +82) 51 264 6615 Http: www.dkhoist.com [Online catalogue available] Email: dkhoist@korea.com For all international inquiries, please contact us at: Company Name: DKI Person in charge: Kevin Kim Tel: +82) 2 569 0261 Fax: +82) 2 569 0291 Http: www.genhoist.com [Online catalogue available] Email: otckevin@paran.com ISO9001 & ISO9002 Intro History Structure Network Products Certificate CONTACT THANK YOU

DAEKYUNG CO., LTD. ADDRESS: 1521-6, DADAE-DONG, SAHA-GU, BUSAN, KOREA TEL:+82)51 264 6611 FAX: +82)51 264 6615 WEB: http://www.genhoist.com Copyright by DAEKYUNG CO., LTD. all rights reserved.