Engagement Background Ref.

:
Client: Orion Hanel Picture Tubes Co Ltd P 1/2

Registered Name ORION HANEL TUBE PICTURE CO., LTD

Legal Form of the Business

Corporation x Partnership
Proprietorship Other (describe)

Ownership (list significant owners only)

Name Title (if an employee) Ownership %

Orion Electric Co Ltd Owner 70%
Hanoi electronics Corporation Owner 30%

Key Client Personnel

Related Party?
Name* Title Yes No
Phan Thu Luong General Director (legal X
representative)
Kwon Young Woon Deputy General Director X
Kim Myong Gi Chief Accountant
Nguyen Van Vinh Deputy manager of accounting
department
Hoang Van Long Deputy manager of accounting
department
* Indicates owner-manager or individual with significant influence over accounting and financial reporting.

Date:

AASC Prepared by:

Reviewed by:
Engagement Background Ref.:
Client: Orion Hanel Picture Tubes Co Ltd P 2/2

Other Related Parties:

Transactions?
Name Nature of Relationship Yes* No
Orion Electric Co Ltd Owner:
Sales of finished goods X
Purchase of raw materials X
Loan interest X
Royaltly fees X
Delay payment interest X
Dispatched X
Hanoi Electronics Corporation Owner:
Sales of finised goods X
Daewoo Hanel Electronics Co Ltd Affiliate:
Sales of finished goods X
Purchased of raw material X
Daewoo Orion S.A Affiliate:
Sales of finished goods X

* Refer to the Program for General Audit Procedures for specific procedures to be performed.
Other Relevant Information

Yes No
Does the company have any debt agreements? X
Has the company entered into any lease agreements? X
Has the company entered into employment agreements with key employees? X
Has the company issued stock options or have other equity-based arrangements with X
management, employees, or vendors?
Does the company have a bonus or profit-sharing plan? X
Does the company have any other employee benefit plans? X
Note: Copies of all agreements or plan documents should be obtained and included in the permanent file.

Yes No
Has the company entered into any other contracts or agreements that could potentially have
X
audit significance?
Note: Copies of all contracts or agreements should be obtained and included in the permanent file.

If so, briefly describe the nature of such contracts or agreements below (or in an attached memo).

- Technology transfer contract

- Loan agreements
- Purchase contracts
- Selling contracts

Yes No
Are there any industry-specific accounting practices or principles that need to be considered? X

If so, briefly describe.

Include below any other relevant information that might be helpful in the administration or execution of this
engagement.