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BUILDING YOUR TOMORROW TODAY Doosan Corporation Fact Book 2017

Transcript of ˆˇ ˘ ˚ ˙ ˘ - doosanlift.files.wordpress.com · 1980 •Founded OB Seagram ... Materials is...

BUILDING

YOUR

TOMORROW

TODAYDoosan Corporation Fact Book 2017

C0ntents

Doosan Corporation 03

04 History of Doosan

05 Companies of Doosan

06 The Doosan Way

07 Doosan Corporation

08 Our Businesses

10 Electro-Materials

18 Industrial Vehicle

24 Mottrol

30 Fuel Cell

36 Doota DF

40 Glonet

44 Information & Communications

46 FM

48 Global Network

Established in 1896 as Korea’s first modern enterprise and now its oldest company with a proud 121-year history, Doosan has been making phenomenal growth on the strength of its revolutionary innovations since the late 1990s. With a sustainable management structure meeting the global standard, Doosan is starting a new chapter for a new century.

History of Doosan

1950~1979 | The Birth of Doosan Group 1951 • Established Doosan Trading Company

(Currently Doosan Corporation Glonet BG)

1952 • Established Oriental Brewery

1960 • Established Dongsan Construction and Engineering (Currently Doosan Engineering & Construction)

1974 • Established OAK Industries Korea

( Currently Doosan Corporation Electro-Materials BG)

• Established Doosan Development

1975 • Established Dongyang Agriculture

1978 • Renamed OB Group as Doosan Group

1979 • Established Oricom Inc.

1980~1995 | Growth1980 • Founded OB Seagram

1982 • Formed OB Bears (Currently Doosan Bears)

1987 • Established Doosan Enterprise (Currently Doosan Cuvex)

1988 • Acquired Duksoo Development

1991 • Founded Doosan Training & Technology Center

1993 • Opened Yonkang Hall (Currently Doosan Art Center)

1994 • Established Doosan Information & Communication (Currently Doosan Corporation I&C BU)

• Recognized as the oldest enterprise in Korea

1996~2005 | Changes and Transformation1996 • Announced Doosan Group’s new CI • Celebration of the 100th anniversary of

Doosan’s foundation

1998 • Established Doosan Corporation •Completed Doosan Tower

2000 • Established Neoplux

2001 • Acquired Korea Heavy Industries and

Construction (Currently Doosan Heavy Industries & Construction)

2003 • Acquired Koryo Industrial Development

2005 • Acquired Daewoo Machinery (Currently Doosan Infracore)

• Acquired AES in the U.S. (Currently Doosan Hydro Technology)

2006~ | Global Growth2006 • Acquired Mitsui Babcock UK (Currently

Doosan Babcock)

2008 • Acquired Dong Myung Mottrol (Currently Doosan corp. Mottrol BG)

2009 • Doosan corp. converted into a business-running holding company

2012 • Advocated “The Doosan Way”

• Established Jiangyin Plant in China by Doosan corp. Mottrol BG

• Established Changshu Plant by Doosan corp. Electro-Materials BG

• Acquired ENPURE, a UK based company (Currently, Doosan ENPURE)

2013 • Doosan corp. merged with Doosan Industrial Vehicle (Launched Industrial Vehicle BG)

2014 • Established Doosan corp. Fuel Cell BG • Doosan corp. acquired Circuit Foil

Luxembourg • Doosan corp. acquired Rushlift Ltd.,

a UK based company2015 • Doosan corp. Patenting Doota DF Store

in Seoul2016 • Doosan corp. Doota DF Store Opens • Doosan Bobcat listed on the Korea

Exchange 2017 • Established Iksan Plant by Doosan Fuel Cell

1896~1949 | The Foundation of Our Success1896 •Park Seung-jik opened first store

1915 • Started making Parkabun, a cosmetic powder

1925 • Changed the name of Park Seung-jik Store Limited.

04 Doosan Corporation

2016 Group Financial Highlight

Companies of Doosan

Doosan Corporation

Doosan Mecatec

ORICOM

Hancomm

Neoplux

Doota Mall

Doosan Cuvex

Doosan Bears

Other BusinessesMain Businesses

Doosan EngineDiesel engines for vessels and power generation, Diesel power plant

Doosan BobcatSSL, CTL, MEX and other types of small-sized construction equipment

Doosan Engineering & Construction Civil works, Building works, Housing works

Doosan Infracore Excavators, Wheel loaders, and other types of construction equipment, and Engines

Doosan Heavy Industries & ConstructionPower plant, Water, Casting

BG (Business Group)

BU (Business Unit)

Sales

164,107

Operating profits

9,172

Total capital

79,009

Financial statements of Doosan Corporation, consolidated basis | In accordance with the Korean International Financial Reporting Standards (K-IFRS)

286,648

Total assets

Electro-Materials BG

Industrial Vehicle BG

Mottrol BG

Fuel Cell BG

Doota DF BG

Glonet BG

Information & Communications BU

FM BU

(KRW 100 million) (KRW 100 million) (KRW 100 million)(KRW 100 million)

Doosan Corporation 05

The spirit that drives our people is the core of the Doosan Way.

Core Values

Doosan People practice the nine core values of the Doosan Credo everywhere we operate, every day, to build a “Proud Global Doosan”. These values guide the way we do business, the way we treat each other and the way we work with all of our partners. The nine core values of the Doosan Credo are as follows:People / Cultivating People / Integrity and Transparency / Inhwa / Customers / Worldclass Technology and Innovation / Profit / Social Responsibilty / Safety and Enviroment

The Doosan Credo

The Doosan Credo is a set of principles that represent Doosan’s philosophies and our unique way of doing business. These principles have been the foundation of Doosan’s success for the past century. The Doosan Credo is integral to every aspect of our business and people, clearly guiding our decisions and the way we do business. Through the realization of these values, Doosan accomplishes its ultimate goal. The Credo consists of Doosan’s “Aspiration” and “Core Values”.

AspirationDoosan’s ultimate goal is the creation of a “Proud Global Doosan”. In our Vision, each of our employees and all of our stakeholders will benefit from, and be proud of their association with, Doosan. Every employee takes great pride in being a member of Doosan. Each customer recognizes and appreciates Doosan’s high-quality goods and services. Every shareholder values our sense of fairness and high levels of profit.

Strategy

Doosan's strategy is based on the principle of “2G”-Growth of Business by Growth of People. 2G is a virtuous circle in which people drive business growth, which in turn provides our people the opportunity for advancement. Doosan believes that sustained success can only come through people. People have been the foundation of our success for the past century and will help us build our next hundred years. Such trust in our people lies at the very heart of Doosan's management philosophy.

Doosan People Doosan People are those who keep the Doosan Credo in their hearts and practice Doosan’s distinctive traits everywhere they operate. Traits of Doosan People are as follows.

06 Doosan Corporation

Doosan Corporation exercises its capabilities in various businesses based on its advanced governance structure.As a parent company of Doosan, Doosan Corporation creates stable profits not only from its independent business, which is composed of six business groups— Electro-Materials, Industrial Vehicle, Mottrol, Fuel Cell, Doota DF, and Glonet—and two business units such as Information & Communications and FM, but also from brand royalties and dividends.

Doosan Corporation

Financial Highlights

Sales Operating profits(KRW 100 million) (KRW 100 million)

2016 2016

20,671

2,254

2015 20152014 2014

18,736

2,134

19,9542,564

Based on separate financial statements of Doosan CorporationIn accordance with the Korean International Financial Reporting Standards (K-IFRS)

Total assets Total capital(KRW 100 million) (KRW 100 million)

2016 2016

37,447 21,126

2015 20152014 2014

34,782 21,09335,096 21,105

Current Status of General Corporate Information

Electronic materials, hydraulic parts, forklift truck,

fuel cell, etc.

Major business

14 production bases, 13 corporation branches,

and 4 business branches in 12 countries around the world

Overseas business

Jeongwon Park,Jaekyung Lee

RepresentativeDirector

4,165persons

No. of employees

Doosan Corporation 07

Our Businesses

Electro-Materials Industrial Vehicle Mottrol Fuel Cell

Electro-Materials BGDoosan Corporation Electro-Materials is leading the development of the electronics industry by supplying the main materials for PCB, a core part for electronics, including CCL (Copper Clad Laminate) and OLED materials (illuminating and common layer for fluorescence phosphorescence).

Main Business Areas: CCL, OLED materials

Industrial Vehicle BGDoosan Corporation Industrial Vehicle is recognized as the world’s best logistics equipment producer that manufactures engine-powered forklifts and electric forklifts. As eco-friendly products with significantly reduced noise, vibration, and exhaust, Doosan’s industrial vehicles earn high praise from customers from around the world. Our vehicles are renowned for their high level of convenience and economic feasibility for drivers as well as their best performance and quality.

Main Business Areas: Engine-powered forklifts, electric forklifts, warehouse equipment

Mottrol BGAs a pioneer in the Korean hydraulics business, Doosan Corporation Mottrol develops and produces hydraulic components for construction equipment and defense systems. Based on its accumulated experience and technology, Doosan is now expanding its business to become a global comprehensive components manufacturer in the ISB field.

Main Business Areas: Heavy equipment for construction and hydraulic equipment for the defense industry, Hydraulic pumps

Fuel Cell BGAs one of the world’s best fuel cell companies, Doosan Corporation Fuel Cell provides and supplies fuel cell products for housing, buildings, and generation as well as cell stacks and reformers, which are core parts for fuel cell systems.

Main Business Areas: PAFC (Phosphoric Acid Fuel Cell),PEMFC (Polymer Electrolyte Membrane Fuel Cell)

08 Doosan Corporation

GlonetDoota Duty Free Information &Communication

FM

Doota DF BGDoota DF Store, which opened at Doosan Tower (Doota), a landmark building in Dongdaemun, is the first duty free store in Korea that is open until late at night, providing shoppers with unique shopping experience and serving as a duty free store that seeks “mutual prosperity with the community” as a partner in realizing the development of the Dongdaemun commercial district.

Main Business Areas: Duty free shopping business

Glonet BGDoosan Corporation Glonet provides customers with differentiated value by developing and supplying medical emulsifiers, functional foods, cosmetics materials, and plant growth regulators.

Main Business Areas: Bio-tech business

Information & Communication BUThe Company provides total IT services including IT consulting, system integration, application systems, and IT infrastructures to Doosan affiliates worldwide.

Main Business Areas: IT Consulting & System Implementation, System Operation,IT Infrastructure Operation

FM BUFM(Facility Management) BU conducts maintenance of facilities and comprehensive management for buildings such as machinery/electricity/construction/disaster prevention/control facilities.

Main Business Areas: General Facility Management

Doosan Corporation 09

10 Doosan Corporation

Doosan Corporation Electro-Materials brings happiness to the world with its technologies as the leader in electronic materials.

Electro- Materials

CCL / FCCL / Package CCL / Halogen Free CCL / OLED Materials

Doosan Corporation 11

Summary

A Company Specialized in Electronic Materials Leading

Value Creation

Create customer value through

customer satisfaction

Achieve high-efficiency at low cost

Customer value

Cost Excellence

Creative Technology

Creative technology innovation

Culture Integrity

Establish dynamic corporate culture

1974 • Established Oak Industry Korea as a joint venture with Oak Industry of the U.S.

1980 • Completed the construction of Gumi Factory1986 • Changed company name to Doosan

Corporation Electro-Materials Co., Ltd.1987 •Established R&D Center1988 • Completed the construction of Jeungpyeong

Factory

1996 • Completed the construction of Iksan Factory1998 • Completed the construction of Gimcheon Factory • Merged with Doosan Corporation2003 •Launched OLED business 2004 • Supplied CCL in mass production for

semiconductor package board • Developed the OLED light-emitting materials2005 • Supplied FCCL for FPCB in mass production

2007 • Supplied metal CCL for LED in mass production

2010 • Completed the construction of OLED Iksan Factory

2011 • Completed the construction of Changshu Factory, China

2014 • Acquired CFL (Circuit Foil Luxembourg), a company specialized in copper foil

History

VisionDoosan Corporation Electro-Materials is growing into a company specialized in electronic materials to create customer value based on quality improvement, efficient resource management, and dynamic corporate culture through creative technology innovation.

SnapshotOperating Profits (KRW 100 million)

2016

2015

2014

2016

2015

2014 374

609

802

6,735

7,524

7,997

Sales (KRW 100 million)

※ Including Overseas Subsidiaries

CCL

PCB

SET

Forming a circuit

Value Chain

Process of producing CCLs (Copper Clad Laminates)

Resin Solvent Chemical

Mixing

Copper Clad LaminatePacking

Cutting

Drying(Treater)

Impregnation

Glass Fabric

Build-up

Copper

Prepreg

Copper

Pressing

Structure

CCLs are typically several layers of copper and insulation shields for electronics. Resin is used as a basic material for insulation layers.

Although resin has remarkable electrical characteristics, it suffers these shortcomings; it has insufficient mechanical strength and its change in size due to temperature is ten times greater than metal.

To supplement these defects, paper, glass fiber, and glass felt are used as reinforcement materials. By using these reinforcement materials, resin’s perpendicular and horizontal strength increases, while temperature-caused change in size also decreases.

Types

▶ FCCL (Flexible CCL)

▶ PKG CCL (Package CCL)

▶ HF CCL (Halogen Free CCL)

CCL(Copper Clad Laminate)

CCLs (Copper Clad Laminates) are core

parts of PCB (Printed Circuit Board)

that allow electronic products to

operate their functions by equipping

semiconductor and electronic parts.

They are important and fundamental

parts for electronic products.

Loading with parts

Doosan Corporation 13

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

FCCL

PCB

SET

Forming a circuit

Value Chain

These are the essential parts for

electronic goods, such as cell

phones and tablets, that require high-

density and three dimensional

interconnection. They are

characterized by heat resistance,

chemical resistance, and high

flexibility.

FCCL(Flexible Copper Clad Laminate)

Materials for Flexible PCBs

▶ High quality and competitive features such as high chemical resistance, high thermal resistance, and high flexibility

▶ Lineup with wide variety and remarkable production technology skills

Product Characteristics and Benefits

▶ Mobile Phone, Tablet PC

▶ Digital Camera

▶ Automotive electric product

Products for Application

▶ The size and weight of devices have gradually decreased, but mobile communications equipment such as cell phones require high-speed communications to send massive amounts of data. In response to this trend, Doosan Corporation Electro-Materials produces thin FCCL, low-DK FCCL, and high-transparency FCCL.

▶ 2nd place in global market share

▶ Production is being carried out at Iksan Factory in Korea and Changshu Factory in China.

Current Status of Business

Loading with parts

14 Doosan Corporation

Package CCL

PCB

SET

Value Chain

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Package CCL(Package Copper Clad Laminate)

Materials for Package Substrates

These are materials for semiconductor

package substrates that electronically

connect semiconductor chips

to the main board and protect

semiconductors. They need to have

fine patters and excellent reliability

to ensure high density and high

performance.▶ High mechanical characteristics with low DK

and high heat resistance

▶ Technology for producing super-thin products

▶ Establishing various products for lineup

Product Characteristics and Benefits

▶ Mobile phones, Tablet PCs

Products for Application

▶ Following the trend of light weight, thin, short, and small electronic products, the boards applied to semiconductor packages are required to be heat-resistant and highly reliable and have high transmission speed for processing massive amounts of data. To meet rapidly-changing market demands, Doosan Corporation Electro-Materials produces PKG CCL that features thinness, low CTE, high heat resistance, and low DK.

▶ 3rd place in global market share

▶ Production is being carried out at Gimcheon Factory, Korea

Current Status of Business

Forming a circuit

Loading with parts

Doosan Corporation 15

Halogen Free CCL (Halogen Free Copper Clad Laminate)

Halogen Free CCL

PCB

SET

Value Chain

Halogen-free substrate materials are

FR-4 product materials without any

halogen. These are produced to meet

the eco-friendly demands of customers

in the domestic and overseas electronic

industry. These materials are

necessary for PCBs that are applied to

mobile phones/tablets/PCs.

Halogen-free Substrate Materials

▶ Features eco-friendliness, high strength, and low-Dk

▶ Various applications for mobile, memory module, automotive, etc.

Product Characteristics and Benefits

▶ Mobile phones, Tablet PCs

▶ Automotive electronic products, Memory module

Products for Application

▶ As interest in the environment has grown, Doosan Corporation Electro-Materials produces halogen-free CCL without bromine (Br) and chlorine (CI). Halogen-free products are widely used in electronic products such as cell phones and laptops. The company has also developed highly heat-resistant halogen-free products for application in multilayer PCB.

▶ 5th place in global market share

▶ Production is being carried out at Jeungpyeong and Gimcheon Plants in Korea, Changshu Plant in China.

Current Status of Business

Forming a circuit

Loading with parts

16 Doosan Corporation

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

OLED (Organic Light Emitting Diodes) OLED

Materials for emitting layer /common layer

SET

Evaporation

Loading with module

Value Chain

Materials for Organic Light-emitting Diodes

These materials produce only few

after images due to their remarkable

definition response speed, which is

1,000 times faster compared to TFT-

LCD. Since the lights emitted from these

materials are close to natural lights,

they are primarily used for next-

generation flat panel displays and

lighting.

▶ Low-consumption electricity / Ultra-thin products

▶ Wide viewing angle and rapid response speed

Product Characteristics and Benefits

▶ Mobile phones, Tablet PCs

▶ OLED TV

Products for Application

▶ OLED is a “self-emitting organic material” that emits the light independently when the electric current flows in a fluorescent organic compound. Doosan Corporation Electro-Materials secures core technology and patents of high-functional materials for enhancing the efficiency of OLED panels and extending their life-time.

▶ 5th place in global market share

▶ Production is being carried out at Iksan Factory, Korea

Current Status of Business

+Anode (Metal oxide)

Hole transporting layer

Emitting layer

Electron transporting layer

Module

Doosan Corporation 17

Recognized as a world-renowned logistics equipment producer that has earned various certificates such as “world-class products of Korea,” Doosan Corporation Industrial Vehicle produces engine-powered forklifts, electric forklifts and Warehouse Equipment.

Industrial Vehicle

Engine-powered forklifts / Electric forklifts / Warehouse equipment

SnapshotSales (KRW 100 million) Operating Profits (KRW 100 million)

2016 2016

2015 2015

2014 2014

7,063 540

6,576 438

6,836 522

※ Including Overseas Subsidiaries

VisionDoosan Corporation Industrial Vehicle is leaping forward as a “Total Logistics Solution Provider” by expanding its product platforms and business models.

Summary

World’s Leading Value Forklift Brand

Customer Focus

Customer-focused management

Superior Products

Remarkable products and services

Innovation

Continuous innovation

1968 • Began forklift production1979 • Developed Electric Forklift1990 • Achieved a total of 50,000 exported forklifts 1993 • Developed/Exported an independent model1998 • Began production of forklifts at Yantai

Factory, China1999 • Established the global market sales network

in 87 countries

2000 • Developed G-5 series2002 • Selected as a world-class product2004 • Began sales as “Doosan” brand • Received the Grand Prize for Ergonomic

Design Awards 2006 • Forklift sales surpassed 300,000 units • Received UK FLTA Award “Safety”

History2008 • Aquired the Warehouse equipment company

“ATL” (Now DILE) • Received UK FLTA Award “Safety”2010 • Developed a mega-sized forklift (18-ton)2011 • Launched Doosan Industrial Vehicle2013 • Merged with Doosan Corporation2015 • Takeover Rushlift - Forklift rental company in UK2016 • Received UK FLTA Award “Excellence”

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Internal Combustion Forklift

Engine-powered Forklift

Engine-powered forklifts are high-

performance forklifts that provide

the best quality satisfaction at any

industrial site due to their strong power,

remarkable performance, unique

durability and superior fuel efficiency.

▶ Modern appearance

▶ Improved radiation performance and enhanced frame stiffness

▶ Ergonomically-designed and comfortable driver’s seat

▶ Highest output and lowest fuel consumption rate among similarly sized forklifts

▶ Luxurious suspension seat

▶ OSS (Operator Sensing System) secures safety

Product Characteristics and Benefits

▶ Diesel Type 1.5–25 ton

▶ LP-Gas Type 1.5– 7 ton

Line-up

With an accurate system designed based on numerous on-site analysis cases, engine-powered forklifts demonstrate outstanding power and remarkable performance. Offering excellent work efficiency, they help to upgrade on-site productivity one step further.

As engine-powered forklifts are equipped with Doosan’s G2 Engine with reduced exhaust emissions and enhanced fuel efficiency and oil-cooled disk brakes, they boast a semi-permanent lifespan and provide uniform and controlled performance.

For enhanced safety, a hydraulic automatic locking system (ISO 3691) is applied. This prevents the machine from operating when the engine is suspended or the driver leaves the seat for three seconds or longer.

Product Overview

Doosan Corporation 21

Electric ForkliftWith a zero level of pollution and noise,

high energy efficiency, remarkable

performance, and inexpensive

maintenance cost, an AC electric forklift

serves as highly efficient machinery for

all indoor and outdoor logistics sites.

▶ High-efficiency AC motor and controller

▶ Enhanced the time for continuous use of battery

▶ Low-noise drive axle with remarkable durability and control performance

▶ Comfortable driver’s seat and easy and convenient control device

▶ Oil-cooled brake system with high reliability

▶ Electric Assist Brake and Anti-Roll Down

Product Characteristics and Benefits

▶ Pneumatic Tire 4-Wheel 1.5-5.0 ton

▶ Pneumatic Tire 3-Wheel 1.3-2.0 ton

▶ Cushion Tire 4-Wheel 1.5-3.2 Ton

Line-up

With a single charge, the AC (alternating current) system allows use of the machine for a 15 percent longer time than a DC (direct current) system. As the AC motor does not have a systemic brush, this reduces maintenance costs. The AC controller also features remarkable quality and radiation performance.

The ACT (Active Control Technology) system is applied for operation to allow the driver to easily optimize vehicle performance through the LCD screen. The comfortable deluxe seat and ergonomic seat design provide the driver with a convenient and excellent driving experience.

Through the LCD dashboard with self-diagnosis function, the condition of the equipment can be seen at a glance for convenient checks and repairs.

For enhanced safety, a hydraulic automatic locking system (ISO 3691) is applied. This prevents the machine from operating when the driver leaves the seat for three seconds or longer.

Product Overview

22 Doosan Corporation

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Warehouse Equipment Warehouse equipment is necessary

for logistics sites, and they exhibit

remarkable mobility in small spaces,

due to their compact size and design

that minimizes the radius of rotation.

▶ Placement of a small-sized wheel for comfortable steering and lever for combined motion

▶ Horn and Switch for shutting down power source in emergency

▶ Electric Assist brake / Anti-roll down

▶ Massive-capacity battery / Long Durability

▶ Comfortable driver’s seat and large-sized rear view mirror with wide viewing angle

▶ Safe driving mode function

Product Characteristics and Benefits

▶ Reach truck 1.3~2.5 ton

▶ Pallet truck: Hand pallet truck, Walkie pallet truck, Rider pallet truck

▶ Stacker: Walkie stacker, Platform stacker

▶ Tow Tractor: Personnel carrier / Burden carrier / Tugger

▶ Other: Order picker / Center control rider, Stock chaser

Line-up

Warehouse equipment is eco-friendly and has low maintenance costs, due to the installation of the AC system that keeps current consumption low. It can also move machines smoothly and control them in a sophisticated manner with high work efficiency.

As electric forklifts have a compact size and small radius of rotation, they have great mobility, even in narrow spaces. These forklifts can also elevate machines to a maximum height of 8 meters to allow efficient work, even in vertically-designed warehouses.

Tow/transport vehicles provide various options suitable for each work condition such as changing the height and size of loop for towing. These products have sufficient strength and durability to tow a cart with a heavy load in a stable way.

Product Overview

Doosan Corporation 23

As Korea’s first pioneer in the hydraulic industry, Doosan Corporation Mottrol has grown into the industry’s leader. Based on technology skills accumulated by producing hydraulic equipment for heavy construction equipment and hydraulic parts for the defense industry, the company is leaping forward as a global comprehensive part company in the ISB sector.

Mottrol

Hydraulic Components (Travel and swing device, Hydraulic valve,

Hydraulic pump) / Hydraulic components for the defense industry

SnapshotSales (KRW 100 million) Operating Profits (KRW 100 million)

2016

2015

2014

2016

2015

2014

10

(2)

113

2,718

3,348

2,839

※ Including Overseas Subsidiaries

VisionDoosan Corporation Mottrol aims to grow as a leading global comprehensive components manufacturer through continued creative innovation based on the technology in hydraulic components and systems accumulated for over 30 years.

Summary

Phase 3Become a “Global leading comprehensive

component company” by expanding business into a multi-supplier in addition to the hydraulic sector

Phase 2Become a “Global Specialist” by pioneering

adjacent industrial sectors based on hydraulic technology and securing system solutions

Phase 1Become a “Hydraulic Perfect Supplier” by developing

core hydraulic components for construction machinery and securing advanced technology

Industry Technology

MotionControl

Various technologies in

the ISB business

Technology for design/production

of hydraulic components

Shipbuilding, Farming

Machinery Parts

Construction equipment and

components

Aviation, Automobile, and Other Machinery

1974 • Established Dongmyung Industries Inc.1977 • Started business in hydraulics, electric

forklifts, and defense systems1990 • Started production of hydraulic motors,

swing motors and hydraulic pumps for excavators

1992 • Started production of hydraulic components for aircrafts

1996 • Obtained ISO 9001 Quality System

Certificate (hydraulic devices and systems)2000 • Obtained Defense Quality System Certificate

(KDS 0050-9000 / Defense Agency for Technology and Quality)

2006 • Traveling devices for excavators were designated as “world-best products” (Ministry of Trade, Industry & Energy)

2007 • Changed the company name to Dongmyung Mottrol

2008 • Changed the company name to Doosan Mottrol2010 • Merged with Doosan Corporation2011 • Received the Defense Quality Management

Award2012 • Received the Management Innovation

Award for the Best Defense Company • Established DMJC China Corporation2013 • Acquired Productivity Management System

Certificate

History

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Hydraulic pump

Travel device

Main control valve

Swing device

Hydraulic Components

Travel Device/ Swing Device

The TM, GM, and DM series, 2-speed

travel motors with builtin gear reducers,

offer powerful output and torque, excellent

controllability, and high reliability.

The T3X, TSM, and DSM Series incorporate

relief valves and anti-reverse valves, which

offer soft start/stop operation and hence

reduce the driver’s fatigue.

▶ Powerful travel motor offers the best performance

▶ High-functional compact design applies new technologies

▶ Built-in automatic 2-speed function

▶ Built-in hydraulic brake

▶ Built-in shockless function at start/stop

▶ Built-in anti-cavitation function

▶ Significantly reduces maintenance as the advanced design minimizes the number of unit parts

▶ Meets diversified customer needs with high reliability and excellent technology

Product Characteristics and Benefits

▶ Swing device offers powerful movement and best performance

▶ High-functional compact design applies new technologies

▶ Relief valve embedded with shockless function

▶ Built-in mechanical brake valve

▶ Anti-Cavitations function applied (Makeup Valve)

▶ Reverse swing protection valve installed (reverse swing of the swing body is reduced to enable smoother stop)

▶ Significantly reduces maintenance as the advanced design minimizes the number of unit parts

▶ Meets diversified customer needs with high reliability and excellent technology

Product Characteristics and Benefits

Travel Device Swing Device

Doosan Corporation 27

3 4

1 2

Hydraulic Components

Hydraulic Pump/Hydraulic Valve

With their eco-friendly design, hydraulic

pumps achieve low noise and high

efficiency to meet the various needs of

customers.

As for the hydraulic valve, complex oil

paths have been designed in an optimal

fashion to minimize pressure loss, and

hysteresis has been improved to allow

precision control.

▶ ➍ Main Control Valve: Operating the actuator such as travel motor,

swing motor, and cylinders of the excavator requires a main control valve that controls the volume and direction of hydraulic fluid for operation from the hydraulic pump.

Doosan Corporation Mottrol’s 2-Block Type MCV meets diversified customer needs with excellent controllability and extendibility.

Product Characteristics and Benefits

▶ ➊ DPA Series: The low-noise and high efficiency swash

plate pumps, which were developed with the company’s independent technology in 2001, offer a foundation for eco-friendly construction equipment design.

▶ ➋ T5V Series: The T5V Series swash plate hydraulic pumps,

developed for construction and industrial equipment, provide users with high output density and efficiency to meet the various needs of customers.

▶ ➌ T5VP2D Series: The T5VP2 Series, which are duplex swash

plate pumps, feature compact size and high efficiency, enabling small-sized construction equipment to achieve best installations and work performance.

Product Characteristics and Benefits

Hydraulic ValveHydraulic Pump

28 Doosan Corporation

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Ramming driver

Swivel Joint

Ground Weapons

Naval Weapons

Guided Weapons

Aerospace Weapons

Pedestal Device

Hydraulic system control panel

Servo Motor

Hydraulic Main Pump

Servo Valve

Main Pump

Towing Winch

Defense Applications & Solutions

Hydraulic Components for the Defense Industry

Ground WeaponsDoosan Corporation Mottrol has significantly contributed to improving the nation’s military combat power through constant research and development of core equipment for ground weapons such as electro-hydraulic systems and drive systems. ▶ Self-propelled howitzers / Armored vehicles /

Main Battle Tanks

Guided WeaponsDoosan Corporation Mottrol has fulfilled military needs for performance by developing hydraulic devices for defense systems, the core equipment for future wars, in an independent way and applying such devices in system equipment. ▶ Hydraulic device for missile launcher▶ Internal bullet actuating system for missiles▶ Fuel control unit for guided weapons (FMU, FPMU)

Naval WeaponsWith our stabilization technology for ground equipment, we develop short-distance tracking radar servo systems and terminal antenna pedestal devices for surface ships. We also develop winch systems for sonar equipment based on our electro-hydraulic systems.▶ Winch System for Sonar Devices▶ Satellite Antenna Operation/Stabilization Device▶ Terminal Antenna Pedestal for Surface Vessels

Aerospace WeaponsDoosan Corporation Mottrol has contributed to Korea’s aerospace industry by developing hydraulic pumps for helicopters based on hydraulic technology and the company’s experience and expertise. ▶ Hydraulic pump for helicopters

(UH60, KUH, LCH, LAH)▶ Fuel control unit for aircraft engine (APU)

Doosan Corporation Mottrol plays a pivotal

role in modernizing military equipment

and reinforcing the nation’s military forces

as a developer and supplier of hydraulic

devices, electro-hydraulic systems, and

electric driving mechanisms, which are

applied to a wide range of weapon systems

related to mobility, firepower, defense,

naval vessels, and aviation.

Doosan Corporation 29

PAFC / PEMFC

PAFC / PEMFC

Fuel CellWith the fuel cell source technology, Doosan Fuel Cell provides a full product lineup of generation from utility to residence. The company provides a highly efficient and reliable energy solution based on clean technology that reduces carbon emissions and noise.

Snapshot

2015

2014

2016

2015

2014

54

(166)

2016 (122)

1,684

222

1,871

Sales (KRW 100 million) Operating Profits (KRW 100 million)

※ Including Overseas Subsidiaries, Sales after merger in Oct. 2014

VisionDoosan Fuel Cell will grow into a global top company in the fuel cell industry by creating customer value with the best products and technology.

Summary

Global #1 Player in the Stationary Fuel Cell Market

Customer Value

Creating customer value

Sustainable Growth

Spurring sustainable growth

Technology & Operation ExcellenceAchieving high

efficiency and low cost

1966 • Fuel cells used for Apollo space mission 1981 • Fuel cells used for space shuttle program2003 • Developed and commercialized fuel cell

MEA2006 • Commercialized 1kW fuel cell stack • Commercialized 1kW fuel cell system2009 • Launched 400kW fuel cell

(PureCell® Model 400)2011 • Developed and introduced 5kW and 10kW

fuel cell stacks

• Developed and commercialized 10kW fuel cell system

• Installed 400kW fuel cells (4.8MW for GS Power)

2013 • Installed 400kW fuel cells (3.08MW for Korea South-East Power, 3.08Mw for SK, 800kW for Lotte World Tower &Lotte World Mall, 400kW for Busan International Finance Center)

2014 • Merged with Doosan Corporation • Developed and commercialized 5kW

fuel cell system • Installed 400kW fuel cells

(2.64MW for Korea South-East Power)2015 • Fuel cell system 600W certified2016 •Introduced 600W fuel cell system 보 •Relocated PEMFC Plant (Hwaseong) 2017 • Established PAFC production facilities in

Korea (Iksan)보

History

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Fuel CellFuel cells are high efficient and eco-friendly generation systems that produce both electricity and heat in parallel through the

electrochemical reaction of hydrogen and oxygen.

Characteristics and Benefits of Fuel Cells

Previous Generator

Availability (%)

Fuel Cell

Installation Area (Based on 1MW, m2)

▶ Unlike previous type of generators, fuel cells exhibit high generation efficiency with low energy loss when producing electricity directly. With fuel cells, energy conversion process is unnecessary while fuel combustion does.

▶ As a highly reliable clean energy source, it is suitable for distributed power. ▶ Minimum installation constraints with its optimum spatial efficiency design.

Demander DemanderTransmission

tower Fuel cellTurbine

Nuclear power

Thermal power

Chemical energy Heat energy Kinetic energy Electric energy

Solar power Solar powerFuel cell Fuel cellWind power Wind power

15

19,800

25

39,60090

179

Electricity

Hot water

Hydrogen Oxygen

Generation (Electrochemical Reaction)

Hydro- gen

Oxygen

Anode Cathode

CurrentElectron

N

NH2O

H2

e-

e- e- O2

H+Electrode

(Fuel electrode)

Electrode(Air

electrode)

Hydrogen ion

Electrolyte+

H2

O2

H2O

Electric energyChemical energy

Generator

Doosan Corporation 33

PAFC

PAFC (Phosphoric Acid Fuel Cell)

▶ 10 year stack life which is the longest in the industry

▶ Unrivaled expertise in the industry and the technology

▶ Grid independency enables continuous power even during power outages

▶ Electricity output can be adjusted to actual demand

▶ High output even within limited space

▶ Can be installed indoors, outdoors and even on rooftops

▶ High output even within limited space

▶ Can be installed one above another

Product Benefits and Differentiation

▶ GS Power Plant, Anyang (2011 / 4.8MW)▶ Pyeongtaek Energy Service (2013 / 3.08MW)▶ Lotte World Tower (2013 / 0.8MW)▶ Busan International Finance Center (BIFC)

(2013 / 0.4MW)▶ Korea South-East Power, Bundang Phase-II

(2013 / 3.08MW)▶ Korea South-East Power, Ansan (2014 / 2.64MW)▶ Korea Western Power, Incheon (2016 / 5MW)▶ Korea South-East Power, Bundang Phase-III

(2016 / 5.72MW)▶ Busan Green Energy (2017 / 30.8MW,

commissioning in progress)▶ Pocheon IPP (2017 / 0.44MW, installation in

progress)▶ Baegot City, Ansan (2017 / 6.16MW,

commissioning in progress)▶ Korea South-East Power, Bundang Phase-V

(2017 / 5.72MW, installation in progress)▶ Korea South-East Power, Bundang Phase-IV

(2017 / 16.72MW, installation in progress)▶ Korea Midland Power, New Boryeong

(2017 / 7.48MW, installation in progress)

Installations in Korea

440kWPAFC can achieve up to 90% total system efficiency (electricity + heat) with low service cost. PAFC is suitable for buildings and generation. Additional to the U.S. facility, Doosan Fuel Cell has built a new production facility in Korea to reduce production cost and is aiming to penetrate domestic and overseas market.

PAFCs use liquid phosphoric acid as electrolytes, and are suitable for power generation for utilities and buildings.

34 Doosan Corporation

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

PEMFC

PEMFC (Polymer Electrolyte Membrane Fuel Cell)

▶ Easy on/off function and real time on/off operation

▶ System generation can be adjusted to actual demand

▶ Can be installed indoors and outdoors

▶ Small space requirement and short installation time compared to other energy sources

▶ Strong internal and external safety devices

Product Benefits and Differentiation

600W / 1kW Fuel cell system for residential use such as apartment buildings, townhouses and single houses

As a high efficiency cogeneration device simultaneously supplying electricity and heat, this fuel cell system for residential application reduces electricity and maintenance cost and also facilitates certification that meets renewable energy mandates and requirements.

5kW / 10kW

Fuel cell system for buildings/industries such as public buildings, commercial buildings, plants, and business sites

As a high efficiency cogeneration device simultaneously supplying electricity and heat, this fuel cell system for buildings/industries is provides solution for the mandatory requirement for renewable energy at public buildings, obtaining certification as a high efficient commercial building and for reducing greenhouse gas emissions at industrial facilities.

PEMFC (Polymer Electrolyte Membrane Fuel Cell) is a fuel cell that operates on a method using polymer membrane as an electrolyte to transmit a hydrogen ion.

Doosan Corporation 35

Korea’s flagship center for “Hallyu (Korean wave)” shopping Doota DF Store, a new hotspot that will make lifestyle in Dongdaemun all the more vibrant and dynamic!

Doota DF

Duty free shopping business

VisionDoota duty free store, a landmark in Dongdaemun, is striving to grow into a leading duty free store in Korea.

Doota DF Store Makes its Debut

Korean duty free stores have made great strides in terms of scale and growth that they rank No. 1 in global market share,beating the US, UK, and China.

Doota DF store opened by Doosan Corporation in May 2016 has been stepping up effortsto grow into a leading duty free store in the country in the near future.

Doota DF store will continue growing to become Korea’s flagship duty free store with a sense of youth, by banking on Doosan Corporation’s experience and knowhow of operating Doota Mall for the past 18 years

as well as the geographical location of Dongdaemun—a special fashiontourism district and tourism hotspot for foreigners.

Summary

To grow into Korea’s leading duty free store

To secure competitiveness

in MD

Optimal operation to

ensure customer satisfaction

Maximizingthe number of visitors from

Korea and abroad

Doota DFDoota DF Store

Doota DF Store is located in Doosan Tower, the landmark building of Dongdaemun, the second most visited shopping district by foreigners following Myeongdong.

Doota DF Store is housing not only conventional duty free brands but also distinctive brands that set it apart from other duty free stores, targeting foreign tourists who pursue their own unique fashion style and fashion-conscious consumers in their 20s and 30s.

Doota DF Store consists of diverse and special stores, which draw foreign shoppers’ attention: Korea’s first Midnight Shopping that continues operation deep into the night; more than 700 brands in fashion, watch and jewelry, beauty, and lifestyle offered through one-stop in a shopping space in trendy, elegant style; distinctive drugstore-type shops, character item shops, kids’ Zone, mart-type select shops, and many other distinctive shops characterized by different lifestyle zones.

With the opening of duty free store in Dongdaemun, in May 2016, Doota DF BG has opened a beachhead for duty free store businesses by securing competitiveness in MD, targeting shoppers such as free individual tourists and group tourists, and stabilizing operation early on while focusing efforts on the early stabilization of business including online duty free store operation in the short term.

The BG is considering advancing into overseas markets and travel retail business, aiming to grow into a leading duty free store in Korea by realizing continuing growth on a medium- to long-term basis.

Introduction of Doota DF Store Business Strategy

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Doosan Corporation 39

Bio-tech business (pharmaceutical/nutraceutical/cosmeceuticalingredients)

GlonetDoosan Corporation Glonet develops and supplies bio-materials such as medical emulsifiers, functional foods, cosmetic materials, and plant growth regulators based on its technological capability. The company specializes in functional materials and continuously provides customers with differentiated value.

Snapshot

Sales (KRW 100 million) Operating Profits (KRW 100 million)

2016

2015

2014

2016

2015

2014 (8)

10

10

330

341

351

※ Including Overseas Subsidiaries

Summary

VisionDoosan Corporation Glonet is growing into a leader of the bio industry by continuously contributing to the health and beauty of human beings based on its technological capability and professionalism, specializing in functional materials.

Bio Industry Leader that Contributes to Human Health and Beauty

Customer First

Customer-focused management

Networking

Open company with constant

communication

SuperiorQuality

Pursuing the best quality/service

1960 • Established Korea’s first company research institute

1974 • Launched research at Biotech

1997 • Completed the construction of Iksan Factory and established the first production base (Pharma & Nutra materials)

2007 • Expanded the production base (Cosme & Nutra materials)

2010 • Signed an agreement for the establishment of China JV (Kelun Pharmaceutical Co., Ltd.)

2013 • Completed the construction of China JV Factory (Sichuan Kelun-Doosan Biotechnology Co., Ltd.)

History

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Bio Technology

▶ Medical emulsifier (DS-PL95E) • High-purity phospholipid with over 95 percent

of egg yolk-extracted phospholipid1)

• Core raw materials of fat emulsion2) for patients who have undergone surgery and cannot orally intake food

Representative Products

▶ Ceramide (DS-Ceramide) •Yeast-extracted sphingolipids1) • Raw cosmetic materials to help with the

moisturizing and improvement of the “skin barrier function”

Representative Products

▶ Phosphatidylserine (DS-PS series) • Distributed in the human brain at high

concentration as a soy-extracted natural ingredient

• Improves the cognitive ability • Other skin moisturization effects

Representative Products

1) As part of a lipid, it exists in the bio-membrane and has emulsification power based on its chemical structure, which has a hydrophilic part and hydrophobic part.

2) A kind of parenteral nutrition that is injected through the vein among fat emulsion and clinical nutrition

▶ Remarkable emulsification • Emulsifying medical soybean oil in

phleboclysis as hydrophobic materials are homogeneously distributed in water

▶ No substitutes • Most traditional and safe materials based on

natural egg yolk extract

▶ Registered as a world-class product by the Ministry of Knowledge Economy

• Recognized marketability, potential grwoth, and product competitiveness as a global market leading product

Product Overview

1) As a kind of lipid that exists in the skin, it is necessary for skin health and reinforces the skin barrier function.

▶ Safe and natural ingredients • Securing safety based on the same structure

as natural ingredients in the human skin

▶ Remarkable skin moisturizing efficacy • Maximizes moisturizing efficacy by reinforcing

the skin barrier • Relieves atopic dermatitis and dry skin

diseases

Product Overview

▶ Improves cognitive ability that may be affected by aging

• Helps to vitalize neurotransmitters by protecting brain cells after it is absorbed in the body

▶ Only ingredient recognized in both Korea and the U.S. for improving brain function

• Recognized by the U.S. FDA as capable of preventing dementia

• Korea’s Ministry of Food and Drug Safety approved a separately recognized type for the first time

▶ Effectively moisturizes the skin • Moisturizes the skin and protects from damage

caused by ultraviolet rays

Product Overview

Cosmeceutical IngredientPharmaceutical Ingredient Nutraceutical Ingredient

Doosan Corporation 43

Information & CommunicationsDoosan Corporation Information & Communications provides a wide range of IT services such as IT consulting, system implementation & operation support, IT Infrastructure operation, etc. to diverse customers including global Doosan affiliates, leveraging the massive network of local and international IT service partners.

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Doosan Corporation Information &

Communications provides global

Doosan affiliates with total IT

services, including IT consulting,

system integration & implementation,

IT infrastructure service, etc.

Information & Communications

1975 • Established OCE1984 • Established Doosan Computer Co., Ltd.1994 • Established Doosan Corporation

Information & Communications2000 • Merged with Doosan Corporation2004 • Adopted Six Sigma2008 • Established Suji Data Center2009 • Implemented Doosan Infracore ERP System2010 • Implemented Doosan Portal System 2011 • Introduced IT Infrastructure Cloud Service • Establishes Doosan Information &

Communications America (DSIA) and Doosan Information & Communications China (DSIC)

2012 • Established Doosan Corporation ERP 2013 • Established Global Help Desk for Doosan

Infracore • Implemented corporate messenger services2014 • Established Doosan Information &

Communications Europe (DSIE) • Launched Doosan Fuel Cell America IT

services2015 • Established Doosan Information &

Communications Europe-Czech Branch (DSIE-CZ)

• Launched ICT BI/BDA Platform Cloud services

•Integrated Skoda Power IT services into one2016 • Implemented Doosan Infracore Gobal

PDM System • Implemented integrated Doosan DF BG

system2017 • Implemented Doosan Group GHRIS

History IT Consulting & System ImplementationDoosan Corporation Information & Communications presents IT diagnosis, strategic planning and implementation directions, etc. to ensure that customers secure business competitiveness and maximize values via IT. It also provides IT implementation and operation consulting services, which are highly optimized for customers’ businesses.

System OperationDoosan Corporation Information & Communications provides integrated operation, maintenance and improvement service for Doosan group’s common systems and company-specific legacy systems. With global expansion of Doosan group’s businesses, Doosan Corporation Information & Communications is expanding services for overseas affiliates and continues efforts to strengthen its price & quality competitiveness of IT services worldwide.

IT Infrastructure OperationDoosan Corporation Information & Communications provides data center, network, VoIP, disaster recovery services, etc. for effective IT infrastructure management. The company has achieved synergies of integrated IT operation by running hub data centers in key regions and expanding IT cloud services.

Doosan Corporation 45Doosan Corporation 45

FMDoosan Corporation FM’s core business involves comprehensive building management services, such as themaintenance of facilities related to machinery, electricity,construction, disaster prevention, and control, as well ascleaning and security.

Electro-Materials

Industrial Vehicle

GlonetDoota DF

Fuel CellMottrol Information & Communications

FM

Doosan Corporation FM presents

customers with the best quality

service by utilizing skills and know-

how for facility management

business, scientific analysis, and

reasonable systems for various

facilities (work facilities, factory

facilities, distribution facilities,

transportation facilities, studios,

research facilities, sports facilities

and cultural facilities).

Facility Management

1986 • Founded Donghyun Engineering

1996 • Won an order for facility management of

Doosan leadership Institute (DLI)

1998 • Won an order for facility management of

Doosan Tower

2000 • Won an order for facility management of

Jamsil Baseball Stadium

2009 • Won an order for facility management

of Sin-bundang Railway Comprehensive

Control Center

2012 • Merged with Doosan Corporation

2013 • Received plaque of application in the Best

Awards for Demand Control by KEPCO

2014 • Won an order for facility management of

Doosan Infracore Incheon Factory R&D

Center

2016 • Won an order for facility management of

Yongin EverLine

History Facility Management Business

• Facility management - Maintenance of buildings and extending

lifespan, Securing safety of buildings - Creating the optimal environment by operating

cooling and heating facilities properly• Security management - Controlling each section and granting limited

control for people entering buildings - Removing potential risks by regular and

irregular patrols based on the security system• Cleaning management - Improving work productivity of resident

companies by providing a pleasant and hygienic environment

Doosan Corporation 47

Global Network

Doosan CorporationDoosan Tower, 275,Jangchungdan-ro, Jung-gu, SeoulTel 82 2 3398 0114www.doosan.com

Electro-Materialswww.doosanelectronics.com

15, Jong-ro 33-gil, Jongno-gu, SeoulTel 82 2 3670 8820

Suji10, Suji-ro 112beon-gil, Suji-gu, Yongin-si, Gyeonggi-do, KoreaTel 82 31 260 6214

Jeungpyeong40, Doosan-ro, Jeungpyeong-eup, Jeungpyeong-gun, Chungcheongbuk-do, KoreaTel 82 43 820 8220

Gimcheon83-16, Gongdan 1-gil, Gimcheon-si, Gyeongsangbuk-do, KoreaTel 82 54 420 8111

Iksan627, Seodong-ro, Iksan-si, Jeollabuk-do, KoreaTel 82 63 830 8320

Doosan Electro-Materials(Changshu) Co., LtdNo.168 Hualian Road, Tonggang Industrial Park, Changshu Economic Development Zone, Changshu, Jiangsu, ChinaTel 86 512 8235 9980

Circuit Foil Luxembourg Sàrl Zone Industrielle C Salzbaach L-9559 Wiltz, G.D. of LuxembourgTel 352 95 75 51 1

ShanghaiRoom 2403 Nison Plaza, 205 Suzhou Avenue West, Suzhou Industrial Park, Suzhou 215021, Jiangsu Province, ChinaTel 86 512 8789 7923

Hongkong / ShenzhenRoom 704, Blk A, Intelig Technology Digital Park, No.8 Hongmian Road, Futian Free Trade Zone, Shenzhen, ChinaTel 86 755 8278 8231

Doosan Electro-Materials America LLC 101 Metro Drive, Suite 345, San Jose, CA, 95110, USATel 1 408 642 5562

Doosan Electro-Materials Singapore pte Ltd 21 Woodlands Close #04-29 (Unit C), Primz Bizhub Singapore 737854 Tel 65 6397 5262

Doosan Electro-Materials HanoiKeangnam Hanoi Landmark Tower No.1415, 14F, Plot E6, Cau Giay Urban Area, Me Tri Commune, Tu Liem District, HanoiTel 84 4 3837 8491

Doosan Corp. Electro-Material Tokyo office2403-A, Mita Kokusai Bldg. 1-4-28, Mita, Minatoku, Tokyo, 108-0073, JAPANTel 81 3 3452 6261

Doosan Corporation Taiwan11439 5F.-1, No.102, Zhouzi St., Neihu Dist., Taipei City, TaiwanTel 886 2 2658 0018

Industrial Vehiclewww.doosan-iv.com

468 Injung-ro, Dong-gu, Incheon-siTel 82 32 211 5000

Doosan Industrial Vehicle America Corp.2475 Mill Center Parkway Suite 400, Buford, GA 30518 USATel 1 678 745 2200www.doosanlift.com

Doosan Industrial Vehicle UK Ltd. Unit 12, Kilvey Road, Brackmills Industrial Estate, Northampton NN4 7BQ UK Tel 44 1604 825600

Doosan Industrial Vehicle Europe N.V. Europark Noord 36A 9100 Sint-Niklaas Belgium Tel 32 3 760 0987

Doosan Industrial Vehicle Europe (Germany) Rolandstraße 5, 45128 Essen, Germany Tel 49 201 507611-28

Doosan Industrial Vehicle Europe (France) ZAC La Clef St. Pierre - Buroplus 21a av. Jean d’Alembert - 78990 Elancourt, France Tel 33 1 3016 2151

Rushlift Ltd.UK, Yorkshire

Industrial Vehicle DIVUKUK, Northampton

Information & Communication DSIE

UK, Crawley

Information & Communication Europe

Czech, PlzeňElectro-Materials US U.S.A. San Jose

Doosan Fuel Cell AmericaU.S.A. South Windsor

Information & Communication DSIAU.S.A. Atlanta

Industrial Vehicle (DIVAC)U.S.A. Georgia

Industrial Vehicle DIVEUBelgium, Sint-Niklaas

Electro-Materials Circuit Foil Luxembourg

Luxembourg, Wiltz

Industrial Vehicle GermanyGermany, Essen

Industrial Vehicle ItalyItaly, Lissone

Industrial Vehicle DLEGermany, Bersteland

Industrial Vehicle FranceFrance, Elancourt

48 Doosan Corporation

Electro-Materials Industrial Vehicle Mottrol Fuel Cell Information & Communications

Doosan Industrial Vehicle Europe (Italy) 43, Via Dante Alighieri, Lissone, MB 20851, Italy Tel 39 39 245 7140

Doosan Logistics Europe GMBH Am Stieg 17 D-15910 Bersteland – OT Freiwalde Germany Tel 49 35 474 2080

Rushlift Ltd. Ravensthorpe Industrial Estate, Ravensthorpe, Dewsbury, West Yorkshire WF13 3LN, United KingdomTel 44 1924 497805

Doosan Industrial Vehicle Yantai Co., Ltd. Fuzhou Road 28, Eco&Tech, Development Area, Yantai Shandong, China Tel 86 535 397 7322

Mottrolwww.doosanmottrol.com

171 Wanam-ro, Seongsan-gu,Changwon-si, Gyeongsangnam-doTel 82 55 269 5114

Doosan Mottrol Jiangyin Co., Ltd. [DMJC] #1209 Binjiang west road, Shizhuang town, Jiangyin city, Wuxi city, Jiangsu Province, China 214446Tel 86 510 8603 5260

Fuel Cellwww.doosanfuelcell.com

15, Jong-ro 33-gil, Jongno-gu, SeoulTel 82 2 3670 8392

Iksan627 Seodong-ro, Iksan-si, Jeollabuk-do, KoreaTel 82 63 722 2001

Hwaseong75, Jeyakdanji-ro, Hyangnam-eup, Hwaseong-si, Gyeonggi-do, KoreaTel 82 31 781 0475

Doosan Fuel Cell America, Inc.195 Governor’s Hwy South Windsor CT 06074, USA Tel 1 860 727 2200

Doota DFwww.dootadutyfree.com

Doosan Tower, 275,Jangchungdan-ro, Jung-gu, SeoulTel 82 2 3398 0114

Glonet

Suji10, Suji-ro 112beon-gil, Suji-gu, Yongin-si, Gyeonggi-do, KoreaTel 82 31 270 1922

Gwang-gyoGwang-gyo Techno Valley,next-generation Fusion TechnologyBldg., B(5F, Yiuidong), Gwanggyo-ro,Yeongtong-gu, Gyeonggi-doTel 82 31 888 9822

Iksan11, Seogam-ro 11-gil, Iksan-si, Jeollabuk-do, KoreaTel 82 63 830 8900

Information & Communicationswww.doosanic.com

Yeonkang Bldg., 15, Jong-ro 33-gil,Jongno-gu, SeoulTel 82 2 3670 8500

Doosan Information & Communications America [DSIA]3901 Morrison AveBismarck, ND 58504 USATel 1 770 353 3800

Doosan Information & Communications China Co., Ltd. [DSIC] 19th fl., Tower B, Gateway No.18 Xiaguangli, North Road East Third Ring, Chaoyang District Beijing China, 100027Tel 44 141 886 4141

Doosan Information & Communications Europe [DSIE]Doosan House, Crawley Business Quarter Manor Royal, Crawley West Sussex, RH10 9AD, United KingdomTel 44 141 886 4141

Branch [DSIE_CZ]

Doosan Information & Communications EuropeTylova 1/57 301 00 Plzeň, Czech RepublicTel 42 378 185 000

FM www.dfms.co.kr

Doosan Bldg., 726, Eonju-ro, Gangnam-gu, Seoul, KoreaTel 82 2 2007 6200

Electro-Materials Vietnam BranchVietnam, Hanoi

Electro-Materials SingaporeSingapore

Information & Communication DSIC

China, Beijing

Mottrol DMJCChina, Jiangin

Electro-Materials ShenzhenChina, Shenzhen

Electro-Materials Hong KongChina, Hong Kong

Electro-Materials Japan BranchJapan, Tokyo

Industrial Vehicle DIVCChina, Yantai

Electro-Materials ShanghaiChina, Shanghai

Electro-Materials ChengshuChina, Changshu

Electro-Materials Taipei BranchTaiwan, Taipei

Korea, Seoul

Doosan Corporation 49

www.doosan.comDoosan Tower, 275 Jangchungdan-Ro,

Jung-gu, Seoul, KoreaTel 82 2 3398 0114