Established Kyungsung Engineering in Changwon, Gyeongnam

Registered as a Hyundai Rotem Company partner (specialized design & manufacturing)

Received the USD 1 Million Export Tower Award on the 14th Trade Day

Renamed as Kyungsung MT Co., Ltd. and established Corporate R&D Center

Obtained ISO 9001 and ISO 14001 certifications for the first time

Completed Construction of Plant 1 in Haman

Contract for mass production of K2 tank (2nd phase), including commander’s seat and 112 other components

Contract to supply parts for barrier-free vehicle chassis structures

Contract to supply panel assemblies for K2 tank (2nd phase)

Contract for mass production of 106 types of parts for wheeled armored vehicles (2nd phase), including vehicle captain’s seat

Acquired Defense Quality Management System certification (KDS 0050-9003-3)

Completion of Haman Plant 2

Completed supply for the 3rd mass production phase of K2 tanks

Certified as a Main-Biz (Management Innovation Business)

Certified as an Inno-Biz (Technology Innovation Business)

Completed construction of Haman headquarters plant and relocated main office

Acquired Defense Quality Management System certification (KDS 0050-9000-5)

Started 1st phase mass production of K2GF tanks

Commenced full-scale production of K2GF tanks