I wish to express my sincere gratitude to our customers who have shown their continued interest and encouragement towards our growth.
As a recognized leader in the industry, Hyundai Glovis possesses differentiated competitiveness based on our optimized logistics system. We have established a sustainable management system across our existing businesses including logistics, shipping, and distribution, as well as new growth-driving businesses.
Hyundai Glovis provides stable and efficient maritime transportation services to many global automakers such as Hyundai Motor Group, Kia, and Volkswagen. Furthermore, in preparation for the electric vehicle era, we are developing a maritime transportation system tailored to future mobility.
Our KD business has achieved an optimized distribution method for semi-assembled automotive products to actively support the global finished automobile production system.
In addition, as the largest used car auction company in Korea, we are leading the growth of the used car market and endeavor to strengthen the distribution business based on our trading business.
To lead a better future, Hyundai Glovis is actively researching and identifying new businesses. We have developed a smart logistics solution business that maximizes efficiency by applying Artificial Intelligence (AI), big data, and robotics to the entire logistics process such as transportation and management. Moving forward, we will secure business models and core competencies to build our future logistics business.
Since its founding in 2001, Hyundai Glovis has been growing steadily every year. Going forward, we will establish detailed strategies that align with the evolving business environment and implement investment strategies and business models accordingly. Hyundai Glovis strives to continuously challenge itself and innovate. At Hyundai Glovis, each and every one of us is committed to ensure your success, and we look forward to growing our business with you.
Lee Kyoo Bok, CEO