The 'Supplier of the Year' award recognizes suppliers' contributions to the development and competitive enhancement of the automotive industry over the past year, under the auspices of Hyundai Kia. Since 2002, Hyundai Kia has been selecting and awarding exemplary suppliers in various categories each year as part of its leading shared growth activities. In 2023, 29 companies across 16 categories and two individuals were selected for their contributions. Seoyon E-Hwa's selection in the 'Safety' category recognized its efforts in jointly preventing serious accidents with labor unions, adopting smart safety equipment, establishing a safety culture through worker participation, and developing a collaborative safety management system with its partners.

Mr. Kang Yong-Seok, CEO of Seoyon E-Hwa, attending the event, expressed his gratitude: "After winning the grand prize as the Supplier of the Year last year, Seoyon E-Hwa focused on enhancing safety in our manufacturing sites this year and being selected as the Supplier of the Year in the 'Safety' category is very meaningful as a result of these efforts. The topic of 'safety' cannot be overstressed in manufacturing, as it is unequivocally vital. Seoyon E-Hwa will continue to strive for a safer workplace through further investment and improvement activities."