Hanwha is solidifying its position as a global infrastructure developer in the complex development sector by creating new city landmarks. Since successfully completing the modern meetings, incentive travel, conferences, and exhibitions (MICE) multicomplex in Suwon, South Korea in 2021, and the INSPIRE Entertainment Resort in Incheon, South Korea in 2023, Hanwha Corporation Engineering & Construction Division (Hanwha Corporation E&C Division) has become a key player in complex development. We are currently developing a 350,000–square–meter sports and convention complex in Jamsil, South Korea, and plan to develop a new hub for Seoul’s culture and business scenes.

Along with complex developments including MICE facilities, hotels, offices, and a shopping center at major transportation hubs including Seoul Station, Daejeon Station, and Suseo Station, we plan to strengthen our unique capabilities as South Korea’s top construction developer company.

Galleria is South Korea’s first and premier department store, providing customers with unique experiences and trendy products from world–renowned fashion houses. By leveraging our experience in premium retail and distinctive content, we are driving retail complex development and creating a premium lifestyle platform. We are also advancing our premium F&B business by promoting content such as the upscale food hall brand GOURMET 494. Building on the successful introduction of the global burger brand Five Guys to Korean food enthusiasts, we are expanding our offerings to include content in premium retail, fashion, and F&B, such as our wine importer brand Vino Galleria.

Beyond our legacy department store business, we are establishing ourselves as a global company by pioneering new fields that create synergy and innovate for future growth.

Located in the heart of Seoul, THE PLAZA is one of South Korea’s leading premium hotels. With its sophisticated design, outstanding service, and diverse facilities, our hotel is the first in South Korea to join the Autograph Collection, a group of premium hotels within the Marriott International portfolio, offering a differentiated experience. We launched our premium resort hotel, Yeosu Belle Mer, in 2020, which provides perfect relaxation near the ocean.

In 2022, we also opened the doors to our MATIE lifestyle hotel brand, designed according to the latest trends and digital technologies that inspire Gen Z and Millennial travelers.

Hanwha Hotels & Resorts is South Korea’s leading premium leisure services company, offering customers superior hospitality and unparalleled comfort at its various resorts and leisure facilities worldwide. Geoje Belvedere, our upscale beachfront resort launched in 2018, provides relaxation amidst beautiful natural surroundings. Belvedere’s unique design and high–quality service, combined with stunning sea views from every room, offer an all–encompassing relaxation experience. Moving forward, we plan to expand our areas of business by leveraging our expertise in the leisure industry and launch new premium complex resort projects such as the facility undergoing development at our Seorak Resort site. Through these efforts, we aim to further strengthen our position as a leading South Korean leisure company.

Meanwhile, Hanwha Solutions Insight Division has launched the luxury residential and hospitality brand “MUWA” as part of its premium lifestyle platform business. MUWA aims to deliver unique experiences and sustainable values, offering various types of premium content and spaces, such as vacation homes, private villas, and residences, in both urban and recreational areas of South Korea and abroad. In December 2023, we launched our first such collection, MUWA NISEKO, located in Hokkaido, Japan.

Hanwha Connect is a premier developer and manager of multiple commercial complexes, including the Seoul and Cheongnyangni railway stations. We provide new experiences by creating centralized spaces that align with urban lifestyles, connecting various cultures and businesses. We are constantly transforming each space through interior renovations and the addition of fresh retail options to enhance our competitiveness.

In the future, we plan to create a model to engage and build synergy with local communities through the operation of commercial facilities near Seoul Station and Daejeon Station.