On November 23, 2022, at the 48th National Quality Management Convention held at KINTEX in Ilsan, Gyeonggi Province, PyungHwa Industrial was honored with the Presidential Citation for the National Quality Innovation Award.

The convention was hosted by the Korean Agency for Technology and Standards under the Ministry of Trade, Industry and Energy and organized by the Korea Standards Association.

The National Quality Innovation Award recognizes companies that demonstrate outstanding achievements in quality innovation across key areas such as customer satisfaction, Fourth Industrial Revolution initiatives, carbon neutrality, and ESG management.

This year, a total of 19 companies were selected across various categories in recognition of their excellence in advancing quality-driven innovation and sustainable management practices.