On November 11, 2023, PyungHwa Industrial was honored with the Chairman’s Award from the Korea Automotive Parts Industry Promotion Foundation. The award recognizes individuals and organizations that have demonstrated outstanding achievements in advancing the national strategic goal of becoming a global automotive powerhouse.

The Chairman’s Award is presented to those who have made significant contributions to strengthening the competitiveness of Korea’s automotive parts industry, a core pillar of the nation’s key industries.

▶ Selection Criteria

The selection process consists of three stages:

1. First Review – Working-Level Committee Evaluation

2. Second Review – On-Site Inspection

3. Final Review – Deliberation Committee Assessment

Award recipients are selected through comprehensive evaluations conducted at each stage by the respective committees. The process includes detailed verification of achievements, on-site inspections, interviews and Q&A sessions with evaluation members, and thorough documentation review.

Through this rigorous screening process, PyungHwa Industrial was recognized for its measurable contributions to industrial advancement and its continued efforts to enhance the global competitiveness of Korea’s automotive sector.