On November 19, 2025, PyungHwa Oil Seal Industrial Co., Ltd. was once again recognized as a Quality Competitiveness Excellent Company for the 16th consecutive year at the National Quality Management Convention hosted by the Ministry of Trade, Industry and Energy.

Since receiving its first certification in 2010, PyungHwa Oil Seal has continuously advanced its quality management system through systematic innovation efforts, maintaining uninterrupted certification through 2025. In recognition of achieving 10 consecutive years of certification, the company was inducted into the Hall of Fame in 2022.

The evaluation process begins each April with applications, followed by self-assessments in May and on-site audits conducted between May and June. Assessments are carried out by examiners from the Korea Standards Association along with external experts, who comprehensively review the company’s overall quality management capabilities.

The evaluation covers 13 categories, including:

• Strategy and management systems
• Corporate culture and talent development
• Information analysis and management
• Quality systems
• Customer satisfaction
• Business performance
• Total Productive Maintenance (TPM)
• Logistics
• Product development and technological capability
• Product liability
• Small group and suggestion improvement activities
• Statistical quality control
• Reliability

Over the past five years, PyungHwa Oil Seal has consistently received outstanding scores in the annual assessments:

• 2021: 951 points
• 2022: 952 points
• 2023: 963.5 points
• 2024: 971.7 points
• 2025: 964.6 points

These results demonstrate the company’s sustained excellence in quality management and operational competitiveness.

The award ceremony is held annually in November at COEX, with the CEO and company representatives attending to receive the honor.

This 16-year consecutive recognition represents a significant achievement, externally validating PyungHwa Oil Seal’s accumulated technological expertise, systematic quality management, and continuous innovation efforts.

Moving forward, PyungHwa Oil Seal will continue to prioritize customer trust while strengthening its global-level quality competitiveness to achieve sustainable growth.