(Photo: Kim Sung-ik, Executive Vice President, PyungHwa Oil Seal Co., Ltd.)

At the 45th National Quality Management Convention held on November 13 at COEX in Seoul and hosted by the Korean Agency for Technology and Standards under the Ministry of Trade, Industry and Energy, nine member companies—including PyungHwa Oil Seal Industry, Kukdong Jeayon Industrial, Daeshin Machinery, Daehan Solution, Deokyang Industry, Dongbo, Seoyon E-Hwa, HANDS Corporation, and Hyundai Transys—were honored as Excellent Quality Competitiveness Companies in the machinery and chemical sectors.

A total of 493 awards, including Industrial Medals, Presidential Citations, and Prime Minister’s Commendations, were presented to individuals and organizations that contributed to strengthening industrial competitiveness through quality management initiatives.

PyungHwa Oil Seal Co., Ltd. / 10-Year Consecutive Recognition in the Machinery Sector

PyungHwa Oil Seal Co., Ltd. (CEO Kim Dong-kwan) has continuously driven innovation in its quality management systems under the slogan, “Be the First to be the Best,” with the goal of becoming a company that satisfies both customers and employees by upholding fundamental principles and encouraging voluntary participation to achieve top performance.

Based on three core pillars—quality, production, and talent—the company benchmarked Hyundai Motor Company’s Five-Star evaluation system to strengthen quality competitiveness. Production site cell lines are classified and managed under a five-level grading system to ensure systematic quality control.

Processes and cells with lower ratings are subject to focused improvement and level-up initiatives to enhance overall operational excellence.

Through the implementation of its “Quality 119” program and the Q-Risk preventive management system, the company successfully achieved a reduction of more than 79% in customer complaints since 2012.