a global leader of green power electronics
TRANSCRIPT
DAWONSYS Co., LTD.
A Global Leader of Green Power Electronics
Prologue
Chapter01_Corporate Overview
Chapter02_Business Area
Chapter03_Growth Strategy
Contents
DAWONSYS leads new paradigm of power electronics industry in the basis of creativity and technology.
Greetings
CEO ProfileHanyang Univ. / Electric Engineering
KAIST / MasterKAIST / Ph.D
Univ. of Wisconsin / Post Doc.Kolon ENG.
“With ‘Family-Friendly Management’, ‘Knowledge Management’ and ‘Future Management’, we aim for ‘the Best of the Best’. ”
We, DAWONSYS, are doing ‘Family-Friendly Management’ to realize
shared growth together with all customers, stock holders and employees
such as family members.
Our passionate investment on education and training revs up our
knowledge system thus and so, creative thoughts and an aggressive
action of all employees make ‘Knowledge Management’ to create
innovative products as for staying one step ahead of customer needs.
Always looking into the future, and moving onward to accomplish our
great dream by concentrating in the ‘Future Management’. It is also to
realize ‘what we must do in the present’ priorities and put it into action
with alacrity.
DAWONSYS moves forward “World Wide Business” and by the
utmost efforts and passion to provide “World Best Product” and “World
First Process”, DAWONSYS will grow into the global leading company.
Thank you.3
Prologue
Understanding the Power Electronics Industry
2014 Investor RelationsPrologue
A Global Leader of Green Power Electronics
4
* Power Electronics Industry
A industry considering “Power conversion” and “Control” as the key and to convert general commercial power
to special form (voltage, current, frequency, waveform etc.) required by various devices and equipment, or system
by controlling the power semiconductor.
MetalElectricity
Energy
Rail WayEnvironment
PlasmaNuclear Fusion & Acceleration
Flat Display Materials
Using special power in each industry sector
Using special power in each industry sector
Special form (Voltage, current, frequency,
waveform) conversion
Special form (Voltage, current, frequency,
waveform) conversion Commercial PowerCommercial Power
[ ]
01. DAWONSYS Identity
02. Introduction
03. Growth & Supply History
04. Divisional Sales
Corporate Overview
Leading Korea’s Power Electronics Industry based on the World Class
Technology!
01 Dawonsys Identity
Corporate Overview
Industrial power system
Environmental system
Accelerator
Induction Heating
Plasma system
PV CVD Reactor
Fusion power supply
EMU
6
3,910,738
6,987,933 최대주주 및 특수관계인
소액주주 외
Largest shareholder
Minority shareholder
02
Company Overview
Company Dawonsys Co., Ltd.
Establishment Jan 09, 1996
CEO/President Park, Sun Soon Ph.D
Core Business
• Nuclear Fusion (KSTAR & ITER P/S) • Plasma system (Plasma cleaning equip. & P/S) • Train electronic units (Inverter & Aux. P/S)• Poly silicon P/S (CVD Reactor & Grower)• Induction Heating system (I/H & I/M)
Web www.dawonsys.com
H/Q Gyeonggi-do, Siheung Korea
Employees 173 (as of 2014)
Capital 54 million KRW
Content Shares Ratio
Largest shareholder
3,910,738 35.88%
Minority shareholder
6,987,933 64.12%
Total published shares
10,898,671 100.00%
Company Introduction
7
Corporate Overview
8
Foundation
2002.06. Started Induction Heating System business 2002.01. Participated in development of KSTAR Superconducting P/S2002.01. New Intellectual Company (SMBA)2001.01. Participated in development of NBI P/S1999.05. Promising Power Venture Company (KEPCO)1998.03. Started Nuclear Fusion business (KSTAR High Voltage P/S)1996.01. DAWONSYS ESTABLISHMENT
Expansion & Growth
2009.10. Participated in PLS-II MPS development 2009.06.Excellent R&D Center (MKE)2009.06. Power supply for polysilicon production 2009.05. Power supply for KSTAR NBI1-A 2008.06. Promising Export Company (SMBA)2007.06. Copper refining rectifier to LS-NIKKO2007.05. Participated P/S development for KSTAR LHCD / ECCD2006.12. Innovative Business Company (SMBA)2004.01. Power supply for KSTAR TF/PF 2004.01. Induction Heating system to POSCO 2003.04. Material and Parts Specialize Company (MOTIE)
Globalization
2015.03. Dawonsys HQ moving 2014.05 World Class 300 (SMBA)2014.01. 2.4MW Enhanced huels type Plasma torch system to CBNU2013.07. Supplier for XFEL 200MW Pulse Modulator 2013.04. KSTAR NBI1-C power supply 2013.01. Japan’s Medical Accelerator (BNCT) P/S contract 2013.01. Global Potential Company (SMBA)2012.10. High precision MPS for KBSI LEBT2012.06. High precision MPS for PAL XFEL 2012.02. CEO, inaugurated as Chairman of ATC association 2011.12. Train propulsion inverter to Seoul Metropolitan Rapid Transit2011.11. KSTAR NBI1-B P/S2011.08. Supplier of P/S for ITER 2011.07. Hidden Star company 500 (KB)2011.03. LCD Plasma system to Samsung 2011.03. Global Business Promotion Agreement (POSCO)2010.10. Headquarter expansion planning 2010.10. PLS-II 200MW Pulse Modulator 2010.09. Listed in the KOSDAQ2010.07. Electrochemical rectifier to LG Chem. 2010.03. Power supply for KSTAR ECH/CD 2010.01. Started Atmospheric Pressure Plasma system business
Leap forward as the leading company in Power Electronics industry
Construct future growth business basis
Establish business basis
2010 ~ now
2003 ~ 2009
1996 ~ 2002
03 Growth & Supply History
Corporate Overview
01. Nuclear Fusion Power System
02. Accelerator
03. IT Plasma
04. Environmental Plasma System
05. Induction Heating System
06. EMU
07. Special Rectifier
Business Area
Dreaming hope for tomorrow, towards the future with endless innovation and
creativity!
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• In 2013, controlled instability by sustaining 20 sec. of H mode in KSTAR
• ITER applied our technology as modeling Korean KSTAR, and promoted ITER Korea to be the exclusive agency.
• KSTARdeviceenhancement &Int’l common use
• ITER completion contribution & core technology
• DEMO design & core tech. engineering
• Commercialization expansion of Nuclear fusion
Goal: Entry in 5 powerful nation
for Nuclear fusion Energy tech
2nd stage(13Y~17Y)
• Procuring origin tech. &key role in ITER bus.
• DEMO leading & elec. Production demonstration
• Korean thermonuclear power plant engineering design
• Motorizing growth of Nuclear fusion deviation tech..
Goal: Ensuring Thermonuclear power plant
Building capacity
3rd stage(18Y~22Y)
Goal: practicalStage realization
• AT-mode operation optimization
• Total operation tech. advancement
• DEMO prior tech. test
Practical Research
(23Y~25Y)
1st stage(08Y~12Y)
• Procuring domestic KSTAR operation tech.
• Participation in Int’l joint ITER project
• Building nuclear fusion engineering development system
• Expanding base of R&D & applied tech.
Goal: Promoting foundation of Nuclear fusion
Energydevelopment
YearPlasma Current
Holding time
Temperature(1KeV = 10 mil. ℃)
2008 100 KA Occurrence 1 KeV= 10 mil. ℃
2009 300 KA 3 sec 2 KeV= 20 mil. ℃
2010 500 KA 5 sec 3 KeV= 30 mil. ℃
2011 600 KA 8 sec 5 KeV= 50 mil. ℃
2012 600 KA 21 sec50 mil. ℃
hold & control
Final goal 2 MA 300 sec 300 million ℃
01 National Nuclear Fusion Project - KSTAR
Business Area
Main parts and P/S for KSTAR
KSTAR Operation performance and objectives
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<View of Cadarachè, France>
< Converter module for ITER> <Superconducting coil P/S for ITER>
ITER 1st supply contract
72.9 billion
ITER 2nd supply contract
TBD later
Category Description
Total projectcost
131.8 billion Euros (approx.)
Total project period
Oct. 2007~ Nov. 2019
01 Nuclear Fusion Power System - ITER
Business Area
12
02 Accelerator
• Government highlights bigger investment in basic science research from discovery of Higgs boson from CERN.
• Currently participating in 4th Gen. synchrotron accelerator as well as synchrotron accelerator business in overseas.
• Many medical baryon accelerator construction plans in the world.
• Heavy-ion accelerator under construction in Science business belt in Sejong city will be the world-class facility.
• Participation in Japanese medical accelerator business
Synchrotron accelerator BNCT Heavy-ion accelerator Medical baryon accelerator
Application - Powerful analysis tool using light - Faster than lightning High speedphenomenon analysis
Organization and P/J cost- PAL- Period : 11~14- Cost : 4,260 million KRW
Application - Various cancer treatment - Can selectively attack cancer tumors
Organization and P/J cost- Ibaraki-ken- Ibaraki neutron medical research center- Tsukuba University
Application - Cutting edge basic science research- Nuclear physics, astrophysics, nuclear
biological and medical - Material science and Engineering, etc
Organization and P/J cost- IBS Basic Science Institute- Period : 11~17- Cost : 4,604 million KRW
Application - Cancer therapy of dreams- Utilized in medical research
Organization and P/J cost- KIRAMS- Period : 11~16- Cost : 1,950 million KRW
Business Area
13
02 Accelerator
Pohang synchrotron accelerator
PLSII 3rd Gen.
XFEL 4th Gen.
Modulator supply contract in 2013
Additional demand for Accelerator facility
activation
Magnet Power Supply Storage ring Magnet
200MW Pulse Modulator Accelerating tube
Japan’s medical accelerator – Cancer treatment of
dreams (BNCT)
2013.01.Supply contract with BNCT
Medical accelerator P/S
Scanning MPS Pulse Modulator for BNCT
Business Area
14
03 IT Plasma – Atmospheric pressure plasma
In-line type Plasma System R2R type Plasma SystemStage type Plasma System
Display Electro-printingTouch industry
OutlineSystem causing modification and changes by generating the 4th material plasma in atmospheric pressure state and applied to various processes.
TypeAP Plasma
CleanerAP Plasma
AsherAP Plasma for surface
pre-treatment
Usage FPD
(LCD, OLED) Cleaning
FPD(LCD, OLED)
Ashing
FPD, Polymer, Solar surface
treatment & adhesive
• Expect Capacitive Touch panel & ITO Film market continued growth
• SK Innovation, LG Chemical and Film manufacturing process
→ Successful introduction of its AP Plasma & application
expansion
• New LCD project overseas, Existing EUV equipment replacement
• Korea∙China OLED LINE expansion & new investment demand increase
• Expansion on AP Plasma application for disc glass manufacturing
process
Enlarge OLED process, new LCD & EUV replacement
Integral∙optical film development activation
Business Area
15
04 Environmental Plasma System – Plasma torch
Power supply Plasma torch Manipulator
CW pump skid Water / Gas manifold HMI
Hazardous wasteHazardous waste Raw material & metal processRaw material & metal process Waste energy recoveryWaste energy recovery OthersOthers
Application extended to various sectors
Business Area
16
04 Environmental Plasma System- EP – MPS
Business Area
Accomplished 2-3 times of dust collection efficiency comparing to the conventional DC power supply
Significantly reduced power consumption to 10-20% of the original level (80 to 90% electricity savings)
Unnecessary to build new huge EP facility. The same effect achievable just by replacing power supply in the existing facility
Application: Coal-fired power plant, Sintering , Cement, Boiler, Incinerator
Specification Unit Symbol Value
ESP Capacitance nF CEP 50~150Pulse Width us T 120
Repetition Rate Hz F 200Input Voltage Vac V TBD
Input Frequency Hz F TBDMax. Pulse Voltage kV VPS 65
Max. DC Voltage kV VDC 35~50Average DC Current mA IDC 400ESP Peak Current mA Ips 200
<Configuration of coal fired power plant>
<EP-MPS operation procedure><HV tank and Control panel>
<Major customers>
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05 Induction Heating System
Outline Essential system for steel∙metal manufacturing process
Type Induction Heating Induction Melting furnace
Feature• Product quality improvement • Improve productivity compared to fossil fuels • Excellent energy-saving
Application
• Cold rolled plate• Hot rolled steel line Edge Heater• Heat treatment • Forging heating system• Cast steel/cast iron/non-ferrous metal melting
Reference
• New demand based on Energy-saving · low- carbon regulation • Expanding demand from large steel company’s facility investment to overseas.
• Plant & Engineering bus. expansion (cold mill plant and
galvanizing line)
- Domestic market : POSCO, Hyundai steel and etc.
- Foreign market : Russia, Malaysia, China, India and etc.
• Entering heat treatment large system market
-Pipe, round bar, billet heating included
-Nexteel, Dongbu steel, Seahbesteel and etc.
Business Area
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06 EMU
Features
• Unit responsible for train operation by controlling traction motors
for train
• Power supply for various service device and controllers used in
train
Performance
• Improved and renovated inverter for 1 car and supplied to line 5
(operation in 2012)
• Supplied 28 inverters for 7 cars to line 7 extended section
(operation in 2012)
“Expects more than 200 billion KRW”
SMRT(Line 5,6,7,8)
KORAIL(Line 1, national, Gwachun line)
Seoul Metro(Line 1,2,3,4)
Other(Busan, Daegu, Daejeon)
1,500 cars
2,240 cars
1,900 cars
1,560 carsEntering
inverter market for railway since 2010
Monopolize market
1. Extended subway car’s service life from 25 years to 40 years and increased quantity of improving old electrical units.
2. Activated subway cars and light rail business through new traffic network
3. About 30-40% among total 7,200 cars are needed to improve inverters within 10 years
Business Area
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07 Special Rectifier
Korea’s first Chlor-Alkali Industry rectifier supply reference reserved
2012. 12 LG Chem/Yeosu No.2 Plant completion (690Vdc 18.6kA 8sets)
2011. 02 LG Chem VCM KL rectifier supplied (375Vdc 12.54kA 2sets)
2010. 12 LG Chem VCM MN rectifier supplied (375Vdc 12.54kA 2sets)
2009. 07 LG Chem VCM rectifier supplied (375Vdc 18kA 1set)
OutlinePower system producing large current by using high-speed switching device
Features
• Achieved reducing size and weight of the product• High-precision current control method • Using the international standard communication method • Using high-speed switching device (IGBT, SCR)• High reliability and stability implementation
Application
• Chemical plant • Steel plant • Seawater desalination • Rectifier for Arc furnace
• Power quality and association (cost-effective)
• A/S and obsolete equipment improve ability
• Acquired manufacturing process
• Obtained Power factor correction unit operation
processor
• SVC(Large backflow compensator ) reference
• Found large rectifier TR manufacturer
• Made and installed CA rectifier for LG Chem.
• Expanding market share for domestic chemical
plant
Chlor-Alkali manufacturing P/S
Energy Storage System
Business Area
Satisfying shareholders and customers through the growth and sustainability
management .
01. Management Philosophy
02. Vision & Mission
03. Global Network
04. Principal Policy
05. Office & Factory
Growth Strategy
21
01 Management Philosophy
Growth Strategy
FutureManagement
KnowledgeManagement
Family-friendlyManagement
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02 Vision & Mission
Growth Strategy
• Core Technology Empowerment
• Making the existing core products to top level
• Business empowerment/expansion
• Int’l networking/strengthening
• Discover customer’s new value
• Core technologies fusion
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03 Global Network
Growth Strategy
■ Accelerator
■ Induction Heating System
■ Plasma System
■ Polysilicon Production P/S
■ EP-MPS(Micro Pulse EP)
■ ITER
■ Russia_JINR
■ Poland Arcelor Mittal
■ Romania_ Arcelor Mittal
■ ITER
■ Beijing_BOE
■ Hefei_BOE
■ Iran_Omid group
■ 본계강철■ Hangzhou_Feida
■ Shenzhen_CTD
■ 무한강철 ■ Guangzhou_LGD ■ Japan Sumiju
■ Japan_KEK
■ Japan Nippon Steel
■ Taiwan_CMI
■ California_NASA
■ Malaysia_EGALV
■ Indonesia Asahi Kasei
■ Mexico_POSCO
■ Montana_GTAT
■ Minneapolis_Phoenix Solution Co.
■ Xiamen_Tianma
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04 Principal Policy
Growth Strategy
Welfare policy
Guaranteed retirement
Providing work-friendly environment
Education support (graduate/PhD)
Full support on child’s education (KD to College)
Providing 20% of company profit for incentives
Education policy
190 hours of compulsory education per year (10% of normal work
hours)
Internal Curriculums and mid/final evaluation
Promotion and incentives based on the final result
Providing education fees
05 Office & Factory
Growth Strategy
Dawonsys view (6,611㎡)
New headquarter (52,532㎡)
• Expects to transfer factory end of 2014• Expects to move office March 2015
“6 times the current facility”
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