2025.01.06
A New Chapter Begins
□ Hanwha Vision completed merger and stock listing
□ Driving innovation, expanding globally, enhancing customer value
We, Hanwha Vision (489790.KS), are thrilled to announce the successful completion of our merger with Hanwha Industrial Solutions and our triumphant debut on the Korean stock exchange, both of which were effective January 1, 2025. This landmark event marks a pivotal moment in the company’s journey, ushering in a new chapter of growth and innovation.
We believe this merger and stock listing will provide Hanwha Vision with the opportunity to:
- Accelerate Innovation: Access to public capital markets will provide a significant boost to Hanwha Vision‘s R&D efforts. This influx of resources will enable the company to accelerate the development of cutting-edge technologies, such as AI-powered security systems and advanced cybersecurity solutions.
- Expand Horizons: The merger and stock listing will empower Hanwha Vision to explore new markets and expand its global reach. This strategic move positions the company to capitalize on emerging opportunities and solidify its position as a global leader in the security industry.
- Enhance Customer Value: By leveraging its expanded capabilities and resources, Hanwha Vision is poised to deliver even greater value to its customers. This includes enhanced product offerings, improved customer service, and innovative solutions tailored to meet the evolving needs of a dynamic market.
Soonhong Ahn, President and CEO of Hanwha Vision, expressed enthusiasm about the company’s bright future, stating, “This is a momentous occasion for Hanwha Vision. The successful merger and stock listing provide us with the foundation to achieve even greater heights. We are committed to delivering exceptional value to our customers, partners, and shareholders.”
