Hanon Systems Joins Hankook & Company Group to Showcase Thermal Management Technologies at AAPEX 2025
* Joint participation by three affiliates — Hankook Tire, Hanon Systems, and Hankook & Company's ES Division — presents integrated solutions for electrified and sustainable mobility * Expanding innovation and technological leadership into the aftermarket to strengthen global competitiveness L...
Hanon Systems Announces Rights Offering of Approximately 900 Billion KRW to Strengthen Financial Stability
* The capital increase is designed to enhance corporate value and secure operational funds for sustainable growth * A portion of the funds will be used for debt repayment to strengthen the company's financial stability * Rights offering to be conducted through shareholder allocation and publ...
Hanon Systems Production of Eco-Friendly R744 Electric Compressors Surpasses 1 Million Units
SEOUL, South Korea, Sept. 15, 2025 /PRNewswire/ -- Hanon Systems, a leading global automotive thermal management supplier and a subsidiary of Hankook & Company Group,today announced it has surpassed 1 million units in cumulative production of electric compressors (eCompressors) using eco-friendly...
Hanon Systems Releases 2024 Sustainability Report
* Key highlights include SBTi validation of carbon emission reduction targets and recognition in S&P Global's 2025 Sustainability Yearbook * Eighth consecutive sustainability report, fourth report published in both Korean and English SEOUL, South Korea, June 30, 2025 /PRNewswire/ -- Hanon Sys...
Hanon Systems Wins Third PACE Award for Visible-Light LED Photocatalyst Technology
* Hanon Systems recognized with its third PACE Award win, this time for visible-light LED photocatalyst technology that enhances in-vehicle air quality * The technology demonstrates 98.5% virus sterilization efficiency and 97.5% in gas deodorization, and is applied in premium sedans * The co...
Hanon Systems Announces Full Year 2024 Financial Results
SEOUL, South Korea, Feb. 17, 2025 /PRNewswire/ -- Hanon Systems, a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group,last week reported its full year 2024 financial results. For the fourth quarter of 2024, Hanon Systems reported consolidated revenue...
Hankook & Company Group Completes Acquisition of Hanon Systems
* "Tires, Batteries, Thermal Management": Completing Three Core Portfolios to Become a Global High-Tech Leading Group * 10 Years of Investment Culminates in Stable Integration, Synergy Creation, and Financial Structure Improvement * Soo Il Lee Appointed as CEO of Hanon Systems, Recognized ...
Hanon Systems Carbon Emissions Targets Approved by Science Based Targets initiative
* By 2030, Hanon Systems aims to reduce absolute scope 1 and scope 2 emissions by 50%, and relative Scope 3 emissions from purchased goods and services by 55% * Hanon Systems commits to reach net-zero greenhouse gas emissions across the value chain by 2050 SEOUL, South Korea, Nov. 11, 2024 /P...
Hanon Systems Announces KRW 600 Billion Capital Increase
* Amends terms from May's capital increase, allocating new shares to Hankook Tire & Technology * Funds to support proactive business restructuring and enhance financial stability amid industry changes SEOUL, South Korea, Sept. 30, 2024 /PRNewswire/ -- Hanon Systems (KS:018880), a leading glob...
Hanon Systems Named Finalist for 2025 PACE Awards
* Selected for its innovative "VR-LED photocatalyst for air disinfection" technology * World-first technology with semi-permanent usage, capable of removing 98.5% of viruses, 87% of bacteria, and 97.5% of harmful gas SEOUL, South Korea, Aug. 20, 2024 /PRNewswire/ -- Hanon Systems (KS:018880),...
Hanon Systems Develops World's First 4th Generation Heat Pump System for Electric Vehicles
* Reduced Package and Enhanced Performance: Achieved through modularization of refrigerant and coolant components * Improved Driving Range: Utilizes a parallel heat source recovery method that harnesses both battery waste heat and external air heat sources * Thin HVAC Technology: Increases pa...
Hanon Systems Releases Second-Quarter 2024 Results
* Record-breaking sales of approximately KRW 2.56 trillion despite the slowdown in the electric vehicle market * Aiming for improved performance in the second half through thermal management solutions applicable to all vehicle types, including internal combustion engine, hybrid and electric v...
Hanon Systems Expands Engineering Capability in China
New center in Shanghai focuses on engineering applications and requirements for automakers operating inChina SHANGHAI, Dec. 13, 2016 /PRNewswire/ -- Hanon Systems (KS:018880), a leading global provider of automotive thermal solutions, is enhancing its ability to serve vehicle manufacturers inChi...
Hanon Systems Named PACE Award Finalist for Two Product Innovations
DAEJEON, Korea, Nov. 2, 2015 /PRNewswire/ -- Hanon Systems (KS: 018880), a leading global provider of thermal solutions, has been named as a 2016 Automotive News PACE Award finalist for two innovations in the product category. The centrifugal air compressor incorporates a high-speed brush...
Halla Visteon Changes Corporate Name to Hanon Systems
DAEJEON, Korea, July 24, 2015 /PRNewswire/ -- Leading automotive thermal management solutions provider Halla Visteon Climate Control Corp. (KS: 018880), today announced it has received shareholder approval to change its corporate name to Hanon Systems. The name Hanon symbolizes the company's cor...
HVCC Showcases Smart Thermal Management Solutions at 2015 Seoul Motor Show
SEOUL, Korea, April 7, 2015 /PRNewswire/ -- Leading automotive thermal management solutions provider Halla Visteon Climate Control Corp. (KS: 018880) is showcasing an array of eco-friendly and highly-efficient technologies for vehicles at the 2015 Seoul Motor Show. HVCC, which expanded its globa...
Halla Visteon Climate Control wins IR52 Jang Young-Shil Award
SEOUL, Korea, March 17, 2015 /PRNewswire/ -- Leading automotive thermal management solution provider Halla Visteon Climate Control Corp. (KS: 018880) has been named a co-winner of the IR52Jang Young-Shil Award with Hyundai Motor Company for its new heat pump system. The IR52 Jang Young...
Halla Visteon Climate Control Honored by Fiat Chrysler Automobiles Group
VAN BUREN TOWNSHIP, Michigan, Dec. 10, 2014 /PRNewswire/ -- Halla Visteon Climate Control Corp. (KS: 018880), a full-line supplier of automotive thermal management solutions, has been honored by Fiat Chrysler Automobiles (FCA) Group inAsia Pacific with the 2013 Supplier of the Year award in the e...