1. Company Overview The company was founded in accordance with the joint venture of France Westaflex Automotive Group in March 1997 and is the only domestic supplier securing proprietarily the source material & original technology about Air Duct Ass'y of inhalation systems installed to a car. The company is located in Sandong-ri, Eumbong-myeon, Asan-si, Chungnam, CEO is Mr.Kwon,Heuksul, Employees compose of managerial and research positions employees : 30, production workers : 83, total 113 employees. 2. Company View 3. History Mar. 1997 Established as Pyung-Hwa Westa Co. Ltd Jul. 1997 Open business with DAEWOO MOTOR and separated from PYUNGHWA INDUSTRIES Sept.1997 Register factory site and start operation (Weaving M/C) May.1999 Start exports – BTR MOTHERSON AUTOMOTIVE CO., LTD (INDIA) May. 1999 Certified Venture Company Oct. 1999 Open business with HYUNDAI MOTOR Jan. 2000 Open business with KIA MOTOR Mar. 2000 Open business with CLARK (forklift) Nov. 2003 Obtained excellent enterprise in entrepreneur meetings (Cheonan City) Jan. 2004 Establish and move to new factory site (139-7, Sandong-Ri, Eumbong-myun, Asan- City) Feb. 2004 Company name was changed to “KOREA WECOSTA” Nov. 2006 Start exports with UMW( MALAYSIA) Dec. 2006 Certified ISO14000 & TS16949 Feb. 2007 Start exports with SOFIMA & SHANGHAI YONG HONG(ROVER) in CHINA Nov.2012 Received General Motors Corporation Supplier Quality Excellence Award May.2013 Inauguration; Mr.HA, HAE JEONG Dec.2013 Certified enterprise specializing in parts materials Apr.2014 Certified promising small and medium enterprise Jun.2014 Certified SQ Oct.2014 Received General Motors Corporation Supplier QUALITY Excellence Award Jul.2015 Inauguration: Mr.Kwon,Heuk-sul 4. FUTURE DEVELOPMENT STRATEGY 5. PRODUCT DESCRIPTIONS POROUS DUCT ▣ How Porous Ducts Reduce Noise If you listen to a sea shell by bringing it against your ear, you can hear noise. Children say you can hear sea. In fact, it is not a reminiscence of the sea that is heard but the natural resonances that occur in any closed cavity containing a compressible fluid. (air in this instance) If, instead of a sea shell, you take a plastic or metal tube and bring it against your ear, you hear noise also even though it is open at two ends instead of one. This is because the air inside the tube is in a very confined volume as compared to that in open space and do its acoustic impedance is very high. In other words, the air inside the duct does not react like that of outside and behaves like a stiffer medium independently from the air outside of the tube. As a result, natural air movement inside the duct builds up resonances which can not be seen but can easily be heard. ▣ How the resonances of a pipe can be eliminated Resonances are pressure variations that self-generate in any confined cavity containing air pressure remains constant only where the duct is open. Against all its impervious surfaces, pressure varies with the pulsations. In order to prevent these pressure variations, it is necessary that all surfaces transmit any pressure variation. The porous duct is what achieves this. If you know to take a porous duct and bring it against your ear, you will hear no more extra noise than against your ear. 6. POROUS BENEFITS: COMPARISON you hear without any duct or pipe 7. MAIN PRODUCTS DIVISION WOVEN DUCT ▣ WOVEN DUCT French Renault laboratory has begun to research to resolve DUCT Resonance problem by Plastic Duct of intake system since the end of 1970s. Surprising solution, Woven Duct(Material : composed of ‘cotton yarn+steel wire+coating liquid’) began to adapt a car produced in Europe from the end of 1980s after finishing development . Also it introduced in Korea in 1997, Joint-venture of technology & production , Korea Wecosta was founded, adapted at Korean cars, exported Asia region. MANUFACTURING PROCESS 8. ACOUSTIC DUCT ▣ ACOUSTIC DUCT Woven Duct Upgrade (Material : composed of 100% Polymer) Goods & production development of Acoustic Duct that is eco-friendly, more improving function is developed from the middle of 1990, present, adapts all European models, has international patent. Korea Wecosta introduced technology for Acoustic Duct and finished developments in 2002. Starting with application for mass production of Hyundai’s NF model in 2004 and applies new development model. MANUFACTURING PROCESS 9.PET(Polyethylene terephthalate )DUCT Wecosta has finished PET Duct development, which an upgraded version of Acoustic Duct in 2010. This project is related with the global model of GM and there is supply PET duct of these models to China, Uzbekistan, Thailand and India., etc. through a global business network. Korea Wecosta just sub-assemble the parts and supplying them to GMK. In case of Woven & Acoustic Duct, application for specification had limits because there is a limit in shape realization by cylindrical structural characteristics. Korea Wecosta, we have completed the Development of Manufacturing Techniques the possibility of application in various shapes. The Manufacturing Techniques is expected to be implemented in 2013 mass production, which are being applied the model MD F/L in Hyundai Motors. MANUFACTURING PROCESS 10.PRODUCT APPLICATION MANUFACTURING ITEMS 11.Quality Certifications