Haisung Tpc Co.,Ltd. (South Korea)

The company is a Korea-based company principally engaged in the manufacture and sale of reducers and hoisting machines. The Company operates its business through three segments. The Elevator Reducer and Hoisting Machine segment develops and manufactures hoisting machines, reducers and gear devices used for elevators and escalators. The Industrial Reducer segment develops and manufactures reducers used for steel making facilities, handling facilities, environmental facilities, industrial production lines, wind power generators, and ship engines, among others. The Robot Reducer segment develops and manufactures reducers used for joint drive of industrial manufacturing robots. The Company was established on March 3, 1997. The Company share was listed on the Korea Securities Dealers Automated Quotation System ( KOSDAQ ) on April 21, 2021.