Company Principles
  Title: DongHwa Entec Methods in Ethical Management

Vision: To become a business that renovates the environment and the quality of life by using the best                energy technology in the world.

1. Mutual trust is a basic principle.
 
All personal relations and business activities must be based on mutual trust. When people correspond their words with actions, mutual trust is built.
 
  1) Employees are not required to log in/out when coming to or leaving the office.
2) Wages are calculated based on the fixed amount or annual salary.
3) All employees own company stocks.
4) The company¡¯s labor union has been changed to the Meeting of the Family of all Employees.
5) The company¡¯s positive atmosphere has even inspired the labor union (Meeting of the Family of all      Employees) to have the attitude of opposing the increase of employees on the field.
6) A promise in spoken words or in writing shall be kept.
7) Employees will permanently own the company; large stockholders will not succeed management.
 
2. The capability of its people is the capability of the company
 
One of the company¡¯s important roles is to equip employees for survival in any circumstances. This is accomplished by enhancing their capabilities with the help of internal and external systematic training.
 
  1) The company has introduced and operated a system that will improve its employees¡¯ skills in      languages and computer utilization. The company also has a point system for professional      technologies.
2) Company employees have access to regular in-house education in the form of professional audio      and video facilities and professional education programs.
3) All employees share the company¡¯s technological information.
4) Each year, two employees are sent abroad for training.
 
3. The company¡¯s practice of transparent management inspires trust among customers, stockholders, and employees.
 
  1) All information on the management of the company is available to its employees, stockholders and      customers.
   (1) The company¡¯s achievements will be presented to all employees every quarter.
   (2) Actual financial statements will be declared at year¡¯s end. As promised, profits will be distributed          to employees.
2) All expenses, including reception expenses, shall be paid through credit card.
3) Slush funds will not be raised.
4) Giving of gifts to anyone related to the business of the company on festival days is prohibited.
5) Auditing firms shall be periodically changed in order to secure fairness in all auditing procedures.
6) The company will faithfully pay all its taxes.
 
4. Company rules and regulations will be equally applied to all management and staff, without exception.
 
  1) Company executives shall pay his/her traffic ticket himself/herself when he/she violates traffic      regulations.
2) The chairman or president can request the official reimbursement of tollgate tickets only after      presenting a valid receipt.
3) Business hours shall be equally applied to all executives and employees.
4) Mileage earned in official company businesses shall be jointly calculated and equally applied to all      employees.
 
5. The company will consider the effect its operations have on its community¡¯s environment.
 
  1) Factory waste and garbage will be classified and collected.
2) Care should be taken in accurately segregating waste in order to avoid environment pollution in      using the trash burner.
3) Wastewater discharged outside the company will be managed with care.
 
¡Ý Management Innovation VIVA 2002
 
  Viva 2002 stands for ¡°Value Innovation Victory for All.¡± Its message is for us to ¡°construct the basis for the second foundation of the company.¡± Viva symbolizes a great cry of victory, and implies this message: ¡°Let warriors emit a war cry, united as they are in heart and mind, for the success of our management innovation activities.¡±
 
Our pledge:
We hereby firmly avow that we will do our best to meet rapid changes in our environment actively, to reform our business culture and to construct management practices in order to build excellence and success in a highly competitive corporation for the 21st century.
 
  ¥°. We will lead the breaking of all inefficiencies in order to achieve VIVA 2002 through the resolute      renovation of self-awareness.
¥°. Beyond all difficulty, we will continue to lead innovating activities for the positive promotion of VIVA      2002.
¥°. With our success in VIVA 2002, we will produce the best employees and the best company in the      world.

February 4, 2002
- Seon-su Kim and Suk-nyeo Choe, employee representatives

 
¢Â Strategic Fields
 
¡ß Vision & Mission
Vision: To become a business that renovates the environment and the quality of life by using the best energy technology in the world.
A company that takes excellence to the cutting-edge through superior management practices: Donghwa Entec
¢º A trustworthy business that treats customers like the owners of the company
¢º A business which creates a new environment and a new life based on its core technologies
¢º Competitive superiority should be maintained in order to reach the target of sales worth US$ 80 billion and a profit of US$ 5 billion by 2005.
¢º The company workplace is a pleasant space where talents thrive and grow in creativity and professionalism.
¢º Knowledge-based and value-creating management will be realized in order to implement speedy management.

Mission: To be a business that contributes to the effective use of resources and provides energy and environmental industries with first class products, so that the quality of life of our customers, stockholders, and employees may improve.

Philosophy in Action:
OWNERSHIP - Donghwa Entec members take responsibilities and participate in the management of the company of their own accord.


CREATION PROFESSIONAL    Donghwa Entec members create values by continuously innovating and meeting challenges.
PROFESSIONAL    Donghwa Entec members are future-oriented intellects who possess core capabilities.

 
¢Â BPR - In the new century, the foundation for DIGITAL management must be built to improve business processes and remove excessive, inefficient and unreasonable traditional businesses from the past.
 
 
 
¢ÂAfter BPR activities were conducted, 45,377 hours were saved from a total of 202,439 business hours. Thus, only 157,062 hours were used for actual business. The saved number of business hours accounts for 22% of the total and 14.5 employees account for the saved manpower.
 
¢Â Cost    Major content and promotion steps
 
 
 
¢Â Awareness and sensitivity    Counsel for establishing innovating activities and enhancing their effects