Hankuk Railway Industry (OPEN)

[Hankuk]

I N T R O D U C T I O N

Hankuk Cheolsan (한쿸 철산) is short for Hankuk Cheoldo Saneob (한쿸 철도 산업) but for International purpose, the company name translated as; Hankuk Railway Industry. Hankuk Cheolsan is a major rolling stock manufacturer based in Daegu. We are formed on may 23, 2017 as a subsidiary of Hankuk State Railway which majority shareholder. Hankuk Cheolsan has a focus on producing electric and high-speed trains. We always innovate in implementing railway technology that is environmentally friendly, safety and oriented towards customer design. Not only is known as a rolling stock manufacturer, we also develop railway systems and participate in railroad development projects. we merely want to evaluate the capabilities of our products clearly.

Hankuk Cheolsan is headquartered in Daegu where we were first established. We always apply the principles taught by our nation's ancestors in work activities. so that it is expected to be an encouragement for all company workers to the spirit to produce rolling stocks that continue to improve from the previous. Hankuk Cheolsan has 2 manufacturing plants located in Kaesong and Daegu. Kaesong plant is more focused on producing signal equipment, electricity and rail lines while Daegu plant produces rolling stocks. Even though it was only established a few years ago, all railway lines in Hankuk were built and maintained periodically by us. We are not only looking for profit, but we are also responsible for improving the railway system to maintain the comfort of passengers while traveling with this transportation.

M A N A G E M E N T

Chief Executive Officer
Kim Kan-Heung

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Chief Financial Officer
Kwon Wang-Sim

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Secretary
Li Jeong-Ra

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Government's Representative
Han Dok-Suk

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Chief Operational Officer
Seon Kang-Sik

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Chief Marketing Officer
Pak Jae-Rim

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Chief Internal Officer
Han Myeong-Ah

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Chief Public Officer
Pak Min-Hye

P A R T N E R S

we no have partner for now

O P E R A T O R.....C L I E N T S

Hankuk State Railway | 쿸철
Hankuk
Is state railway of Hankuk that have 90% railway transport share and parent company for Hankuk Cheolsan

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Hanseoul Metro | 한서울 메트로
Hankuk
Operates mass-rapid transit in Hanseoul metropolitan area

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Highflats Municipal Transit
ViZion
Rapid growth and demand between Highflats International Airport and downtown core, to be expanded from there over the next few years.

F I N A N C I A L.....R E P O R T S

e-Report 2019

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e-Report 2020

[Hankuk]

R O L L I N G S T O C K

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[Hankuk]

R A I L W A Y.....S Y S T E M S

Signaling
Railway signaling is one of the most vital things in the rail transportation system. How not, the signal is a communication medium between the drivers and the train traffic officers. With adequate train travel signal conditions, we can avoid the risk of accidents maximally. We developed Japanese signaling technology in the electronic signaling system that we designed. Our signaling uses led lights to withstand all seasons. Each signal is also mounted with a speed scanner that will detect the speed of the train to increase the safety of this transportation.

Aspect	Name	Description
●	Stop | 중지	Not to be passed. If it is a permissive signal likes block signal, non-blocking operation is allowed, where train can continue at a maximum speed of 15 kilometres per hour (9.3 mph) after certain determined procedure.
● ●	Restricted Speed | 경계	Displayed when the distance to the next signal is unusually short, another train is running in advance of the signal or the safety overlap at the next signal is shorter than normal. The speed limit is typically 25 kilometres per hour (16 mph).
●	Caution | 노트	Displayed when the next signal displays stop. The speed limit is usually 40–55 kilometres per hour (25–34 mph).
● ●	Reduced Speed | 천천히해	Displayed when the next signal displays restricted speed (YY) (or caution (Y), in the case of a short block section or poor siting of the next signal). The speed limit is 50–75 kilometres per hour (31–47 mph).
●	Clear | 타다	Trains may proceed at line speed. For the lines equipped with high speed signal, the speed limit is 130km/h.
● ●	High-Speed Clear | 고속	Trains may travel over 130 kilometres per hour (81 mph).

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Electricity
Because we are focused on producing and developing electric-powered trains, we therefore also strive to design electricity systems that are efficient and oriented to climate change issues. Train electrical system resources are taken from environmentally friendly power plants, such as hydroelectric power plants, solar power plants, wind power plants, geothermal power plants, as well as nuclear power plants with very low radiation levels. We also prefer to work with electricity companies in your country in providing electricity for the railway system that we have built.

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Line & Track
The track is the basic thing in the train transportation system. Although there are signals, stations and electrical systems, but if there are no tracks to run, this transportation system will not run as it should. In Hankuk, the width of a train track is standard. we can also install a maximum track size of 1,900 mm and a minimum of 950 mm.

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Safety
Safety is an issue that is often discussed in designing a sustainable transportation system. the safety system that we install on our products and our railway system is called "e-Safety Standard". This safety system will detect earthquake vibrations at a minimum of 5.5 SR automatically. e-Safety Standard (e-ss) equipment will report this information to the control center and train drivers simultaneously. Within seconds the train in progress will be stopped by force by the system installed in the train itself. This safety system only works on affected railway tracks, so that railway tracks that do not receive warnings from e-ss will not be disturbed.

[Hankuk]

P O R T F O L I O

Ur Underground Project | 10 KM
Reino do Brazil
Status: Under Construction
Type: Metro/Loop
No. Station: 23
Gauge: 1,067 mm
Project Share: Hankuk Cheolsan (30%), Ur Underground (70%)

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Starline Rail Eurasia Mǎnzhōu Regional Rail Chángchūn-Dàqìng Line | 354.5 KM
New Transeurasia
Status: Under Construction
Type: Inter-City Express
No. Station: 49
Gauge: 1,435 mm
Project Share: Hankuk Cheolsan (47.5%), Mustafin Cement Group (5%), Starline Rail Group (47.5%)

[Hankuk]

A P P L I C A T I O N S

Apply for Ordering Rolling Stock Please fill the form completely and correctly.	Code: Select all Railway Operator Name: Company Representative with title: Nation of Origin: Official Language: Short description about operator: Type of Rolling Stock (check that apply): [__] High-Speed [__] Electric Multiple Unit - Name of Rolling Stock : - Total Order: - Additional Request (if any) _____________________
Apply for Railway Project Please fill the form completely and correctly.	Code: Select all Railway Operator Name: Company Representative with title: Nation of Origin: Railway Construction Name: Route Length: Electrical System: AC/DC Purpose Service: [__] High-Speed (≥150 km) [__] Inter-City Express (≥30 km) [__] Metro/Loop (≥10 km in city) No. Station: (max. 10 stations for high-speed services every 1000 km) Track Gauge: There are other company that want to join this project ? If yes, who: Project Share for Hankuk Cheolsan: (min. 40%) - Additional Request (if any) _____________________
Apply for Business Partnership Please fill the form completely and correctly.	Code: Select all Company Name: Company Representative with title: Nation of Origin: Business Industry: Storefront Link: Type of Partnership (check that apply): [__] Business Partner [__] Component Supplier [__] Non-Profit Organization - Why you want sign partnership with us ? _____________________

[Hankuk]

We are open!

[ViZion]

Railway Operator Name: Highflats Municipal Transit
Company Representative with title: Jacquelyn Rivera
Nation of Origin: The Constitutional Federal Republic of ViZion
Official Language: None - English is the most prominent with a few others extremely common

Type of Rolling Stock (check that apply):
[__] High-Speed
[x] Electric Multiple Unit
- Name of Rolling Stock :
- Total Order: 4
- Additional Request (if any) Initially to be used for the rapid growth and demand between Highflats International Airport and downtown core, to be expanded from there over the next few years.

[Hankuk]

Railway Operator Name: Highflats Municipal Transit
Company Representative with title: Jacquelyn Rivera
Nation of Origin: The Constitutional Federal Republic of ViZion
Official Language: None - English is the most prominent with a few others extremely common

Type of Rolling Stock (check that apply):
[__] High-Speed
[x] Electric Multiple Unit
- Name of Rolling Stock :
- Total Order: 4
- Additional Request (if any) Initially to be used for the rapid growth and demand between Highflats International Airport and downtown core, to be expanded from there over the next few years.

Recipient: Mr./Ms. Jacquelyn Rivera, Highflats Municipal Transit, ViZion

Welcome,

Hankuk Cheolsan is rolling stock manufacturer that focus on quality and client goal. We are happy because Highflats Municipal Transit is our first International client. We Will tested 4 trainsets Hansok Hanja EV (1 set = 9 cars) in Hankuk before we sent to ViZion. We also give discount 20% for your order. Thank you.


Total

4X Hansok Hanja EV = $396,000,000
Discount 20% ---------- = $79,200,000

Fix Cost = $316,800,000

[Reino do Brazil]

Railway Operator Name: Ur Underground
Company Representative with title: Eng. Sonia Matias
Nation of Origin: Reino do Brazil
Railway Construction Name: Ur Underground
Route Length: 10 Km
Electrical System: As fitted for Underground
Purpose Service:
[__] High-Speed (≥150 km)
[__] Inter-City Express (≥30 km)
[_x_] Metro/Loop (≥10 km in city)
No. Station: 23 stations
Track Gauge: at your discretion

There are other company that want to join this project ?
If yes, who: N
Project Share for Hankuk Cheolsan: 20% The State of Uruk

- Additional Request (if any) __Can you provide the rolling material?

Best Regards

[Hankuk]

Railway Operator Name: Ur Underground
Company Representative with title: Eng. Sonia Matias
Nation of Origin: Reino do Brazil
Railway Construction Name: Ur Underground
Route Length: 10 Km
Electrical System: As fitted for Underground
Purpose Service:
[__] High-Speed (≥150 km)
[__] Inter-City Express (≥30 km)
[_x_] Metro/Loop (≥10 km in city)
No. Station: 23 stations
Track Gauge: at your discretion

There are other company that want to join this project ?
If yes, who: N
Project Share for Hankuk Cheolsan: 20% The State of Uruk

- Additional Request (if any) __Can you provide the rolling material?

Best Regards

To: Mr./Ms. Eng. Sonia Matias, Ur Underground
From: Mr. Kim Kan-Heung, Hankuk Cheolsan
Subject: Project Planning

Greetings,

I am Mr. Kim, as CEO of Hankuk Cheolsan very interested in starting a subway construction project outside our country for the first time. However, there are a few obstacles related to your company's offer in this project. You offer us 20% of the project share of the total value of the project but basically we ask for a minimum share of 40% maybe we will negotiate this further with you.

The following are the contracts that we want to negotiate with Ur Underground before we agree to participate in this construction project;
1. Electrical system installation of 1,500 V on the built track not overhead catenary
2. Your company is free to use the train from our company or other companies
3. because your company was the first to offer this project, we only ask for 30% of the project's total share
4. The track used is measuring 1,067 mm
5. The list of materials in this project is very large, but one of them is ballast
6. After the project is completed, we will help maintain the signal, electrical, and rail quality systems for up to 2 years afterwards
7. We will not apply e-Safety Standard technology on this path later, but if you choose our train most likely we can apply that safety technology

maybe that's all I can say, I hope you reply to this letter soon. Thank you.


Sincerely,

킴칸흥
CEO of Hankuk Cheolsan

[Reino do Brazil]

Railway Operator Name: Ur Underground
Company Representative with title: Eng. Sonia Matias
Nation of Origin: Reino do Brazil
Railway Construction Name: Ur Underground
Route Length: 10 Km
Electrical System: As fitted for Underground
Purpose Service:
[__] High-Speed (≥150 km)
[__] Inter-City Express (≥30 km)
[_x_] Metro/Loop (≥10 km in city)
No. Station: 23 stations
Track Gauge: at your discretion

There are other company that want to join this project ?
If yes, who: N
Project Share for Hankuk Cheolsan: 20% The State of Uruk

- Additional Request (if any) __Can you provide the rolling material?

Best Regards

To: Mr./Ms. Eng. Sonia Matias, Ur Underground
From: Mr. Kim Kan-Heung, Hankuk Cheolsan
Subject: Project Planning

Greetings,

I am Mr. Kim, as CEO of Hankuk Cheolsan very interested in starting a subway construction project outside our country for the first time. However, there are a few obstacles related to your company's offer in this project. You offer us 20% of the project share of the total value of the project but basically we ask for a minimum share of 40% maybe we will negotiate this further with you.

The following are the contracts that we want to negotiate with Ur Underground before we agree to participate in this construction project;
1. Electrical system installation of 1,500 V on the built track not overhead catenary
2. Your company is free to use the train from our company or other companies
3. because your company was the first to offer this project, we only ask for 30% of the project's total share
4. The track used is measuring 1,067 mm
5. The list of materials in this project is very large, but one of them is ballast
6. After the project is completed, we will help maintain the signal, electrical, and rail quality systems for up to 2 years afterwards
7. We will not apply e-Safety Standard technology on this path later, but if you choose our train most likely we can apply that safety technology

maybe that's all I can say, I hope you reply to this letter soon. Thank you.


Sincerely,

킴칸흥
CEO of Hankuk Cheolsan

Dear Mr. Kan-Heung,

We will abide for the 30 % share, as well as for all the other points in tne agenda. We would though like for you to supply the rolling material.

With our Best Regards

SMatias

[New Transeurasia]

Railway Operator Name: Starline Rail (Part of Starline Group)
Company Representative with title: Ms. Nà Ráo (饶娜), Rail Division Manager
Nation of Origin: New Transeurasia
Railway Construction Name: Starline Rail Eurasia Mǎnzhōu Regional Rail Chángchūn-Dàqìng Line
Route Length: 354.5km
Electrical System: 1.5kV DC Overhead Wires
Purpose Service:
[__] High-Speed (≥150 km)
[X] Inter-City Express (≥30 km)
[__] Metro/Loop (≥10 km in city)
No. Station: 49
Track Gauge: 1,435mm

There are other company that want to join this project ? Yes.
If yes, who: Mustafin Cement Group (5%)
Project Share for Hankuk Cheolsan: 47.5%

- Additional Request (if any) _____________________


Railway Operator Name: Starline Rail (Part of Starline Group)
Company Representative with title: Ms. Nà Ráo (饶娜), Rail Division Manager
Nation of Origin: New Transeurasia
Official Language: None, though Russian, Mandarin, and Japanese are most common.
Short description about operator: Starline Rail operates a large amount of intercity/regional rail lines and commuter rail lines across New Transeurasia. Starline Rail also operates freight on these lines.

Type of Rolling Stock (check that apply):
[__] High-Speed
[X] Electric Multiple Unit
- Name of Rolling Stock : Hansok Hanja EV
- Total Order: 28
- Additional Request (if any) _Track Gauge 1,435mm_

[Hankuk]

To: Mr./Ms. Eng. Sonia Matias, Ur Underground
From: Mr. Kim Kan-Heung, Hankuk Cheolsan
Subject: Project Planning

Greetings,

I am Mr. Kim, as CEO of Hankuk Cheolsan very interested in starting a subway construction project outside our country for the first time. However, there are a few obstacles related to your company's offer in this project. You offer us 20% of the project share of the total value of the project but basically we ask for a minimum share of 40% maybe we will negotiate this further with you.

The following are the contracts that we want to negotiate with Ur Underground before we agree to participate in this construction project;
1. Electrical system installation of 1,500 V on the built track not overhead catenary
2. Your company is free to use the train from our company or other companies
3. because your company was the first to offer this project, we only ask for 30% of the project's total share
4. The track used is measuring 1,067 mm
5. The list of materials in this project is very large, but one of them is ballast
6. After the project is completed, we will help maintain the signal, electrical, and rail quality systems for up to 2 years afterwards
7. We will not apply e-Safety Standard technology on this path later, but if you choose our train most likely we can apply that safety technology

maybe that's all I can say, I hope you reply to this letter soon. Thank you.


Sincerely,

킴칸흥
CEO of Hankuk Cheolsan

Dear Mr. Kan-Heung,

We will abide for the 30 % share, as well as for all the other points in tne agenda. We would though like for you to supply the rolling material.

With our Best Regards

SMatias

To: Mr./Ms. Eng. Sonia Matias

Good morning,

After we read your letter again. We like to sign this project contract. We Will provide rolling stock 10 sets Hansok Hanja EV for this line. We will start the Ur Underground Project as soon as possible. We will calculate total cost of project and will report it to you.


Sincerely,

킴칸흥
Chief of Executive Officer

[Hankuk]

Railway Operator Name: Starline Rail (Part of Starline Group)
Company Representative with title: Ms. Nà Ráo (饶娜), Rail Division Manager
Nation of Origin: New Transeurasia
Railway Construction Name: Starline Rail Eurasia Mǎnzhōu Regional Rail Chángchūn-Dàqìng Line
Route Length: 354.5km
Electrical System: 1.5kV DC Overhead Wires
Purpose Service:
[__] High-Speed (≥150 km)
[X] Inter-City Express (≥30 km)
[__] Metro/Loop (≥10 km in city)
No. Station: 49
Track Gauge: 1,435mm

There are other company that want to join this project ? Yes.
If yes, who: Mustafin Cement Group (5%)
Project Share for Hankuk Cheolsan: 47.5%

- Additional Request (if any) _____________________


Railway Operator Name: Starline Rail (Part of Starline Group)
Company Representative with title: Ms. Nà Ráo (饶娜), Rail Division Manager
Nation of Origin: New Transeurasia
Official Language: None, though Russian, Mandarin, and Japanese are most common.
Short description about operator: Starline Rail operates a large amount of intercity/regional rail lines and commuter rail lines across New Transeurasia. Starline Rail also operates freight on these lines.

Type of Rolling Stock (check that apply):
[__] High-Speed
[X] Electric Multiple Unit
- Name of Rolling Stock : Hansok Hanja EV
- Total Order: 28
- Additional Request (if any) _Track Gauge 1,435mm_

Recipient: Ms. Na Rao, Starline Rail
From: Mr. Kim Kan-Heung, Hankuk Cheolsan
Subject: Project Contract

Good Morning,

Based on your offer to constructing railway line from Changchun to Daqing and vice versa. We like to sign this project contract. We will provide our technology e-safety standard for this line. After that, we will sent you a letter of agreement and total cost for this project as soon as possible.


Thank you

[Hankuk]

Now we open again

[Himdustan]

Company Name: Lodha Company
Company Representative with title: Lodha Industry
Nation of Origin: The Kingdom of Himdustan
Business Industry: Automobile industry
Storefront Link:

Type of Partnership (check that apply):
[_✓_] Business Partner
[__] Component Supplier
[__] Non-Profit Organization

- Why you want sign partnership with us ? ____Because We can Expand our business with New partnership like you._________________

[Himdustan]

Railway Operator Name: Himdustan Railways
Company Representative with title: Himdustan's Railway
Nation of Origin: The Kingdom of Himdustan
Railway Construction Name: Ministry of Infrastructure (Mr.Asad Lodha)
Route Length:1500 km
Electrical System: AC/DC
Purpose Service:
[✓__] High-Speed (≥150 km)
[✓__] Inter-City Express (≥30 km)
[__] Metro/Loop (≥10 km in city)
No. Station: (max. 10 stations for high-speed services every 1000 km)10
Track Gauge:

There are other company that want to join this project ?
If yes, who:
Project Share for Hankuk Cheolsan: (min. 40%)

- Additional Request (if any) _____________________

[United Civil Republic]

Railway Operator Name: National Railroad Corp.
Company Representative with title: Minister of Public Transit, Zachariah Mcmanus
Nation of Origin: United Civil Republic
Railway Construction Name:
Route Length: 4151 mi
Electrical System: DC
Purpose Service:
[X] High-Speed (≥150 km)
[__] Inter-City Express (≥30 km)
[__] Metro/Loop (≥10 km in city)
No. Station: 40
Track Gauge: US standard railroad gauge

There are other company that want to join this project ? No
If yes, who:
Project Share for Hankuk Cheolsan: 49% (min. 40%)