Relocated headquarters and plant
Renamed the company Daesung Heavy Industries Co., Ltd. to Hwahyeon Co., Ltd.
Launched dedicated division for waste/biomass incineration & power generation facilities
Business alliance with Taeil Engineering (air pollution control, industrial plants)
Patent registered: belt conveyor pulley cleaning device
Patent registered: tower-type self-generation & fine-dust treatment device
Business alliance with Dongil Rubber Belt
Partnered with EcoTech Engineering (electrolysis water treatment, organic waste equipment)
Incorporated as Daesung Heavy Industries Co., Ltd.
Established Daesung Heavy Industries