1952-1963 Foundation Contributing to Society & Nation Korea Explosives was founded under the banner
of restoring Korea’s economy

• Oct 1952 Founded Korea Explosives (presently, Hanwha Corporation)
• Jun 1959 Achieved complete localization of explosives production and
  launched alternative supply

1964-1980 Growth Key Player in Korea’s Modernization Business expansion focused on backbone
industries, e.g. machinery, petrochemical, energy

• Jan 1964 Acquired Shinhan Bearing Industry
• Aug 1965 Founded Hwasung Industrial
  (presently, Hanwha Chemical and Hanwha Advanced Materials)
• Sep 1968 Acquired Cheil Fire & Marine Insurance
• Nov 1969 Founded Gyeongin Energy Development Co., Ltd.
• Nov 1973 Founded Taepyeong Trading Co., Ltd.
  (presently, Hanwha Hotels & Resorts)
• May 1975 Founded Cheonan Bugil High School
  (presently, Bugil High School)
• May 1976 Acquired Sungdo Securities
  (presently, Hanwha Investment & Securities)

1981-1995 2^nd Foundation Growing into Korea’s Leading Company Business diversified into finance, leisure,
distribution, and services

• Aug 1981 Seung Youn Kim assumes Chairmanship
• Dec 1982 Acquired Hanyang Chemical and Dow Chemical Korea
• Dec 1985 Acquired Junga Group
  (presently, Hanwha Hotels & Resorts)
• Mar 1986 Founded Binggrae Eagles
  (presently, Hanwha Eagles)
• Sep 1986 Acquired Hanyang Distribution
  (presently, Hanwha Galleria)
• Sep 1992 Changed company name from Korea
  Explosives Group to Hanwha Group

1996-1999 Restructuring Selection and Concentration Group carries out restructuring

• Mar 1997 Founded Cheonan Bugil Women's High School
  (presently, Bugil Women's High School)
• Oct 1998 Incorporated FAG Hanwha Bearing
• Aug 1999 Sold Hanwha Energy’s refinery unit and Hanwha Energy
  Plaza to Hyundai Refinery
• Dec 1999 Incorporated Yeochun NCC

2000-2006 Building Momentum Finance and Distribution Drive Group’s Growth Finance, leisure, and distribution businesses are defined
as Hanwha Group’s key growth pillar

• Jan 2000 Acquired Dongyang Dept. Store
  (presently, Hanwha Timeworld)
• Oct 2000 Hosted the 1st Seoul International Fireworks Festival
• Dec 2002 Acquired Korea Life Insurance, Shindonga Fire Insurance
  (presently, Hanwha General Insurance), and
  63 City(presently, Hanwha 63 City)
• May 2006 Hanwha L&C completed production plant in Alabama, U.S.

2007-Present   Going Global Emerging as a Global Leader Pioneering new markets and driving
next-generation green energy business

• Nov 2007 Hanwha L&C bought out shares of Azdel, U.S.
• Apr 2009 Korea Life Insurance launched Vietnam operations
• Aug 2009 Hanwha L&C completed plants in Canada and Czech (October)
• Aug 2010 Acquired 49.99% shares of Solarfun Power Holdings, China
• Jan 2011 Solarfun Power Holdings changed name
  to Hanwha SolarOne
• Apr 2011 Incorporated Hanwha Solar Energy
  (presently, Hanwha Q Cells Korea)
• May 2011 Declared group's core values
  (Challenge, Dedication and Integrity)
• Oct 2012 Changed company name from Korea Life Insurance to Hanwha Life
• Oct 2012 Launched Hanwha Q CELLS by acquiring Germany’s Q.CELLS
• Nov 2012 Launched Hanwha Energy by merging Yeosu Cogeneration plant
  and Gunjang Cogeneration Plant
• Dec 2012 Hanwha Life launched operation of the joint venture Sino-Korea Life
• Jul 2014 Hanwha L&C materials unit changed name to Hanwha Advanced Materials