Hello?

Through an undying spirit of challenge and passion, SIMPAC seeks to be the global leader in our field and your best business partner.

On behalf of the SIMPAC Group, I would like to extend my deepest appreciation to our valued customers, partners and shareholders for their continued support, and also invite readers who are new to SIMPAC to learn more about our activities through this web site.

The origins of SIMPAC date back to 973 and a press maker named Dongsung Industry, Inc. Since then, SIMPAC has grown to become Korea's largest specialized press manufacturer, while subsidiaries SIMPAC METALLOY, a leader in alloy steel development and production, and SIMPAC ENG, a rising star in the steel distribution and processing field, have emerged as driving forces behind Korea's industrial growth.

With an aggressive and enterprising spirit, we have acquired a competitive edge in each industry sector and have created a "win-win" system with our subsidiary companies, This "win-win" approach also extends to our relationship with customers.

Their demand for products offering the highest value spurs our ongoing research and development to manufacture such products. The 21st century is as era of unprecedented change and unlimited competition. To survive and thrive in this challenging environment, SIMPAC is devising a new corporate vision and setting new directions that will enhance our leadership position in society and the economy. The SIMPAC Group has established the '3 Circles in Business' vision that will guide us in reaching the aforementioned objectives.

First, we are striving to be the undisputed global leader in our field.Currently, each of our subsidiaries enjoys the top ranking in their respective industry within the domestic market, Going forward, our target is the global market, and we aim to grow these companies into world leaders.

Second, we will enhance the SIMPAC Group's overall management insight and discernment.In order to do this, we will keep a constant eye on developments within and outside our industries, and employ the most effective methods of ensuring strong and stable cash flow and profitability.

Third, we will remain more passionate and driven than our competitors.Our target is to become a company that inspires, impassions and instills pride among its workforce, for it is such companies that have the energy to endure and grow over the long term.

The SIMPAC Group is Korea's largest press maker and industry leader in development & production of alloy steel, steel distribution and processing. We are dedicated to repeating this success on the global stage, and I invite you to join us on our quest. With our fervent commitment to the highest standards of product quality, knowledge management, and corporate governance, I am confident that SIMPAC will be your ideal business partner.

Thank you.