Company Overview

5th Floor, ADORA Tower, 272 Toegye-ro, Jung-gu, Seoul, South Korea Tel. 070.8277.7922 Fax. 02.2275.2995 Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved
 Message

Dear customers of HN and affiliates.

HN and its affiliates are young and strong companies that pursue the improvement of customer
values as the top priority.

We have laid the foundation to grow together with our customers through many challenges in
various industrial sectors over the past decade, and are now committed to leaping to another notch
for next 100 years.

Based on our own technologies accumulated for years and advanced capabilities, we are taking
the lead in changing the market by pursuing new challenges in IT service as well as construction,
chemistry, composite containers, blockchain and 3D Printing for Building, and thereby, promoting
new growth businesses that are key to the Fourth Industrial Revolution.

HN and its affiliates will actively respond to the rapidly changing technology paradigm, and create a
better future for customers through change and innovation with thorough analysis by experts of
each industrial sector.

We also promise to build a value chain that can contribute to improving the value of entire industry
while pursuing the co-prosperity of our customers, employees and society, and to become a
trusted social company that practices sharing and contribution for society.

We would like your continued interest and encouragement.

Thank you

Chairman Hyu Won Lee

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 2

 Greeting

Dear customers of HNX.

The future value of HNX lies in "clean future and clean environment."

Despite our short history, we have devoted ourselves intensively to R&D for solving fugitive dust
and industrial dust issues in the fine chemical industry, and as a result, has gained utmost
recognition and trust from many foreign countries including Russia for our unique technology
and knowhow.

In addition, we have conducted test application to various sites including domestic power plants,
construction, civil engineering, subways and road construction sites, and its reliability has been
verified by domestic and overseas authorization agencies.

Our petrochemical, lubricant and PVC businesses have achieved remarkable growth through
various imports and exports to and from 30 channels in 20 countries including China, CIS,
Mongolia, Southeast Asia, and Southwest Asia.

Based on these achievements, we achieved revenues of more than 30 billion won in 2018,
winning the 10 million Dollar Export Tower.

We will never stop trying and practicing to create values for our customers.
Based on the trust and love of our customers, we will do our best to enable our customers to
use the best products with better technology.

Thank you.
CEO Yong Guk Oh

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 3

 Corporate Profile

Founder Dae Sun Chung (100% Stake)

CEO Yong Guk Oh

Established November, 2013

ㆍFine chemical / Inorganic chemical / Petrochemical

Jincheon Plant
Business ㆍLubricant / Base oil
Area ㆍVehicle battery
ㆍPVC stabilizer / Compound

H.Q. : 5th Floor, ADORA Tower, 272 Toegye-ro, Jung-gu,

Seoul, South Korea
Location Yeosu Branch : 27-6 Samdong-ro (Jusam-dong), Yeosu-si,
Jeollanam-do, South Korea
Gimhae Plant
Jincheo Plant : 193 Sincheokdan-ro 5 ro, Deoksan-eup, Yeosu Branch
Jincheon-gun, Chungcheongbuk-do, South Korea
Gimhae Plant : 83, Golden root-ro 66beon-gil, Juchon-myeon,
Gimhae-si, Gyeongsangnam-do, South Korea

H.Q. Branch, Plant Warehouse

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 4

 History

Founded in 2013
Company Name Change
Company Founded in 2008 by 2021.1
Two companies will be merged
by 2021. 4
Founded in 2015

2020 2016
ㆍLubricant, BEAST OIL, sales to 9 countries including China, Vietnam & CIS. ㆍSecured sales networks in 12 countries of Russia/CIS for lubricant from
ㆍLaunched Fine Chemical Products in domestic(Samsung Engineering, POSCO E&C) Hyundai Oil-bank
ㆍDeveloped metal processing lubricant (technical cooperation with SHL, ODM
2019 manufacturing)
ㆍEstablished a J/V on lubricant business in Hong Kong with Qingfu Group of
ㆍSigned an MOU for the environment improvement project in Russia
Taiwan
with the local government of Kemerovo Oblast, Russia
ㆍPatent for fugitive dust suppressants and surface hardeners granted
2015
2018 ㆍLaunched lubricant business
ㆍCommenced the overseas sales of PVC stabilizers ㆍPerformed the project of greenhouse gas recycling plant design
ㆍCommenced the overseas sales of base oil ㆍCommenced trading of petrochemicals (propylene, sulfur) with China
ㆍSecured 24 clients and sales networks in 16 countries ㆍSigned an MOU for the 300,000 ton scale ammonia tank
with Gangsodukkyou in Jingjiang, China
ㆍCommenced the supply of Dymos lubricant to Hyundai Wia
ㆍSigned a distributor contract of sodium hydroxide solution
of the Hyundai Motor Group with Hanwha (Taekyung Chemical)
ㆍAchieved 30 billion dollars in sales ㆍKCC industrial urea solution
(Trade Association Awarded 10 Million Dollar Export Tower)

2014
2017
ㆍLaunched fine chemicals business(fugitive dust suppressant, rust remover, etc) ㆍCommenced trading of inorganic chemical products
ㆍLaunched petroleum cokes/bunker-C oil business (sodium carbonate, sodium nitrate, sodium hydroxide)
ㆍSigned an MOU for business cooperation with the city of Jingjiang, China
ㆍCommenced the supply of lubricant to Hyundai BNG Steel of the
Hyundai Motor Group
ㆍAchieved 20 billion dollars in sales
2013
(Trade Association Awarded 10 Million Dollar Export Tower) ㆍHNX founded
ㆍCommenced R&D for utilization and commercialization of greenhouse gas

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 5

 Vision

respects humans and loves nature

Company that

Global Number One Business Partner

First Second Third

Company that prepares Company aiming for Company that contributes
MISSION
for the future with the best with passion to society based on
creative foresight! and challenging spirit! righteous management!

Through Where corporation

Of service providers
VALUE customer-oriented services and customers belong
Employee satisfaction
Customer satisfaction Society satisfaction

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 6

 Business Area

Fine Chemicals Lubricant & Vihicle Battery Inorganic chemical / Petrochemical

무기화학/석유화학

❖production ❖Trading ❖Trading

ㆍFine Chemicals Self-produced ㆍLubricant/Lubricant oil domestic/external ㆍInorganic chemical domestic/external distribution
distribution - Soda Ash
- Rust Remover (HDF-RM10)
- Sodium Nitrate
- Scattering Dust Inhibitors (HDF-DI10) ㆍMetal processing oil
- Caustic Soda
- Oil Cleaner (HDF-OC10) ㆍ Vihicle engine oil, Industrial Oil - Salt (Solid)
- Oil Hand Cleaner (HDF-HC10) ㆍVihicle Battery - various acids and salts

- Scale Remover (HDF-SR10)

❖Marketing ㆍPetrochemical domestic/external distribution
- a coal-surface hardener (HDF-SH10)
ㆍCustomer development and close management - Bunker fuel oil C (B-C)
- Plume Opacity Remover, etc - Petroleum Cokes
ㆍEstablishing close cooperation
- Molten Sulfur
with manufacturers Marketing support - Propylene
ㆍDevelopment and Diversification - Polypropylene
❖Trading
of Distribution Network
ㆍFine Chemicals domestic/external distribution ㆍChemical product overseas distribution
ㆍContinuous new market development
- Resin
❖etc. - Glass Fiber
❖etc.
ㆍLocalization of base points, including
ㆍExpected to establish production plant
establishment of J/V, branch office,
exclusively for fine chemical
Hongkong, etc.

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 Business Area(Composite Cylinder Plant)

Composite LPG Cylinder Composite LPG Cylinder Plant

❖ Product ❖ Plant & Engineering

ㆍManufacture and sales of composite LPG cylinders in the domestic ㆍComposite LPG Cylinder Plant
- 3Kg, 6Kg, 11.5Kg - Installation of cylinder manufacturing facilities
ㆍDesign of composite LPG cylinders in the overseas market - Installation of cylinder testing facilities
- 12Kg, 15Kg, 20Kg

❖ Marketing ❖Solution & Consulting

ㆍRevitalize domestic distributors and diversify products ㆍGas Control system ERP
ㆍEstablish plans to support overseas sales and plant building ㆍLPG Cylinder ERP
ㆍDevelop and diversify distribution networks ㆍSmart Business
ㆍEstablish JV and local branches

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 Fine Chemicals

❖Fugitive Dust Suppressants

ㆍHDF-DI10 is a product designed to suppress fugitive dust and has excellent functions in suppressing fugitive dust generated from construction
and civil engineering sites, asphalt, unpaved roads, concrete, mines and open storage yard.

Water Spray Water Spray Water Spray Water Spray

Application - Case A Application - Case B Application - Case C Application - Case D

High-pressure sprinkler Sprinkler Sprinkler tank truck Hydraulic pressure pump

truck (Suppressing fugitive dust (Suppressing fugitive dust (Suppressing fugitive dust generated
in construction sites) in construction sites) in building demolition sites)

❖Rust Remover
ㆍHDF-RM10 is a neutral rust remover with pH of 6.0 ~ 7.5, which is non-toxic, non-irritating, non-corrosive, smoke-free, non-flammable and eco-friendly
without the risk of water contamination.

Dipping Cleaning Dipping Cleaning Dipping Cleaning Application Dipping Cleaning Application
Application – Case A Application – Case B – Case C – Case D

Before rust After rust Before rust After rust Before rust After rust Before rust After rust
removal removal removal removal removal removal removal removal
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 Fine Chemicals

❖Scale Remover
ㆍHDF-SR10 is a product that can have an effect of lasting more than 6 months in a single use. Instead of temporarily
removing scales and odors, the product made of FDA-approved food and cosmetic ingredients is gradually foamed and
cleans the pipe when it is put into, leading to deodorization, scale removal, cleaning and antibacterial effects at the same time.

❖Surface Hardener
ㆍHDF-SH10 surface hardener is mainly composed of modified vinyl acetate copolymer, which is a water-soluble resin-based hydrophilic surface hardener
(film forming agent). It is fast drying and has excellent initial adhesive strength, good durability, and excellent adhesion to porous materials.
Subsequently, the product is excellent for surface hardening of coal pile, gypsum board, concrete, mine and open storage yard.

Application Case A Application Case B Application Case C

Suppressing fugitive dust in the Suppressing fugitive dust Suppressing fugitive dust
road around the coal storage yard around the coal storage yard generated when coal (mineral)
is transported in trucks.

❖Coal Additives (for removal of SO3)

Remover of white smoke
ㆍProduct made to reduce harmful gases generated from coal boilers in an eco-friendly manner
ㆍProduct contents - heavy oil: emulsifier and magnesium oxide
ㆍProduct that reduces maintenance costs and eliminate visible white smoke by preventing
corrosion of coal powder fuel facilities

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 Petrochemical / Lubricant

❖Petrochemical
ㆍHNX deals with various items in the petrochemical area such as liquid sulfur, propylene, fuel oil and solvent, and has an excellent sales networks in
countries including China and Southeast Asia. We maintain long-term cooperative relations with our customers based on mutual trust and grow together
through smooth information exchange and sharing of market status.

▶ Petrochemical Trading
ㆍHNX is exporting the products to the global market through
stable supply from Korea's top 4 oil refineries and leading
petrochemical companies.

❖Lubricant
ㆍHNX is a domestic and overseas official distributor of HYUNDAI XTeer, a lubricant brand of Hyundai Oilbank, and exports lubricants based on domestic
industry supply and excellent overseas sales networks.

▶ Vehicle engine oils (gasoline, diesel)/industrial lubricants

(hydraulic oil, turbine oil, etc.)/metal processing lubricant

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 11

 Vehicle Battery / PVC Stabilizers / Compounds

❖Vehicle Battery
ㆍHNX is an official overseas export agency of STARTER EX, the vehicle battery brand of Hyundai Sungwoo Solite, and exports it to the CIS region based on
its excellent overseas sales network.

❖PVC Stabilizers / Compounds

ㆍHNX exclusively supplies high quality PVC stabilizers and compounds overseas based on a strategic partnership with LEOCHEM.

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 12

 Cooperative Company

Lubricant / Battery / Fine Chemical

Domestic ㆍHyundai BNG Steel ㆍHyundai OilBank ㆍHyundai Motors Group ㆍHalla Group ㆍHyundai WIA
ㆍSeohanENP ㆍPoscoP&S etc.

ㆍUzbekistan. (MTP and 1 other) ㆍTadzhikistan (Tadibel) ㆍAzerbaidzhan (ELBITE)

Overseas
ㆍArmenia (Mosesco) ㆍKirgizstan (Yar-Trade) ㆍGruziya (Gento-Trading)
ㆍKazakhstan(Yakubeland 3 other) ㆍ elarus(Energy Group) ㆍMongol (MT-Group)
ㆍRussia (Alvaand 1 other) ㆍUkriane (Auto-Zenitand 1 other) ㆍBangladesh (BigGroupHoldings)

Inorganic chemical / Petrochemical

Domestic ㆍHyundai OilBank ㆍ Hyundai MaterialsㆍHanwhaㆍPOSCO P&SㆍOsungㆍWooin etc.

국
내 ㆍBaijin Group ㆍShandong Jinmei Mingshui Chemical Group
Overseas
ㆍJinhe Group ㆍRizhao Guangxin Chemical Technology
ㆍHengyang Petrochemical Logistics ㆍChina National Salt Industry (Kunshan)
해외
ㆍJiangyin Goldenbridge Chemical ㆍSuzhou Suhua Import and Export
ㆍRizhao Rijin Chemical ㆍSino Polymer
ㆍSuzhou Kaiyuan Group ㆍQingdao Hoshin Group

▶ Secured 24 clients and sales networks in 16 countries

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 Composite Materials
❖Composite LPG Cylinder

ㆍECONN, composite gas cylinder, is an eco-friendly product that is used for various purposes such as home, leisure and industry,
and provides convenience of life and industrial economic efficiency with advantages in weight, life span and price compared
to existing steel cylinders.

“Replacing steel gas cylinder with Usage

new concept composite cylinder”

Replaed by

Advantages
ㆍLightweight : Lighter than steel cylinders by more than 30%
ㆍSafety : Highly resistant to heat and corrosion
ㆍTransparent : The amount of remaining gas can be checked
by the level indicator
ㆍInnovation : Made of the latest technology glass fiber and protective case
ㆍLow price : Cost savings thanks to the design life of more than 30 years
ㆍEnvironment : Low carbon eco-friendly cylinders help clean environment

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 14

 Composite LPG Cylinder Plant

❖Composite Cylinder Plant Design & Engineering Provide

ㆍWe provide design support, test certification support, total composite cylinder plant and service to
meet demand.
ㆍWe provide services that satisfy customer needs with development of various items and support by experts.
ㆍWe secure competitiveness by developing customized systems and providing complete manufacturing
services to provide the composite cylinder plant.

Design Technology Technical Consulting Certifications

ㆍBusiness feasibility study ㆍCM/PM ㆍCountry-specific certification support

and bidding design - Project Management(PM) ㆍEN certification support
ㆍBasic and detailed design - Construction Management(CM) ㆍDOT certification support
(Plant design according to product specifications)
ㆍPerforming VE and LCC

Business Area

Construct a PLANT by Capacity, Customer Demand and Country

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 15

 Organization

CEO

Sales Team 1 Sales Team 2 Production Team Development Team

Certification Production /
Overseas Domestic Business Design
/ Testing Preservation Charge
Business

ㆍFugitive Dust Suppressants ㆍKGS certification ㆍEstablishment of

ㆍLubricant ㆍNew product development
and batch inspection production plan
ㆍVehicle Battery ㆍRust Remover ㆍPart development
ㆍEN certification ㆍProduction progress
ㆍPVC Stabilizers / Compounds and improvement
ㆍScale Remover
and batch inspection management
ㆍPlant Design
ㆍInorganic Chemistry
ㆍSurface Hardener ㆍRental work ㆍQuality Management
ㆍSupply raw materials to overseas factories
ㆍOil Cleaner ㆍCustomer Technical Support
ㆍCIS / Mongolia / Southeast Asia / Southwest Asia ㆍEquipment maintenance
ㆍSodium Carbonate
Exported 25 companies from 16 countries - production line

ㆍPetrochemical ㆍConcrete Curing Agent - Inspection equipment

- Polypropylene / Brimstone / Isoparaffin ㆍLubricant - Testing equipment

ㆍInorganic Chemistry ㆍDesign and maintenance

ㆍFertilizer - Calcium carbonate, Salt,
Water treatment etc.
ㆍBunker fuel oil C

Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved 16

 Thank you

www.hnx.world
5th Floor, ADORA Tower, 272 Toegye-ro, Jung-gu, Seoul, South Korea Tel. 070.8277.7922 Fax. 02.2275.2995 Copyright ⓒ 2021 HNX Co., Ltd. All Rights Reserved