Re-certified as a Promising Small and Medium Enterprise by Gyeonggi Province

Acquired ISO 3834-2 International Welding Certification

Corporate name changed to “RACOOL Co., Ltd.”

Certified as a Core Technology Industry by the Republic of Korea

Acquired factory located at 65-1, Yulam-ri, Paltan-myeon, Hwaseong-si (6,461.59 m²)

- formerly Factory 2 of Shin Jung Woo Industry Co., Ltd.

Awarded the Model Entrepreneur Commendation by the Korea SMEs and Startups Agency (KOSME)

Selected as a Promising Export-Oriented SME by the Ministry of SMEs and Startups

Appointment of Seokyeol Do as CEO of Shin Jung Woo Industry Co., Ltd.

Acquired ISO 45001 Certification

Acquired ASME U Stamp Certification

Certified as a Technology-Innovative SME (INNO-BIZ)

Awarded the President’s Prize from the Korea Electrical Manufacturers Association for Export Achievement

Awarded the Prime Minister’s Commendation in the Precision Industrial Technology Promotion category

Selected for the USD 5 Million Export Tower and Export Contributor Award by the Ministry of Trade, Industry and Energy

Selected for the USD 3 Million Export Tower and Export Contributor Award by the Ministry of Trade, Industry and Energy

Selected as a Promising SME by the Gyeonggi Small and Medium Business Administration

Received a plaque of appreciation from KEPCO (Korea Electric Power Corporation) for contributions to the power business

Qualified supplier registration for selected items (Feed Water Heater & Deaerator)

at Korea South-East Power Co., Ltd.

Qualified supplier registration with Korea Southern Power Co., Ltd. - awarded Grade “R”

Qualified supplier registration with Korea East-West Power Co., Ltd. - awarded Grade “R”

Qualified supplier registration with Korea Midland Power Co., Ltd. - awarded Grade “R”

Qualified supplier registration with Korea Western Power Co., Ltd. - awarded Grade “R(4)” and “S(1)”

Qualified supplier registration with Korea South-East Power Co., Ltd. (Heat Exchanger, ASME Section VIII)

Construction project commenced (11,223 m²)

Leased national forest land from the Korea Forest Service - expanded plant site (6,612 m²)

Entered the Balan Industrial Complex in Hwaseong, Gyeonggi-do

Designated as an eligible maintenance contractor with Grade “R2” by Korea South-East Power Co., Ltd.

Registered as a qualified supplier for selected items (ASME Section VIII Heat Exchanger, Grade “R”)

Registered as a supplier of Demineralizer Vessel & Tank - awarded Grade “T”

Awarded Grade “R” for selected items (Shop-Fabricated Pressure Vessel & Tank, ASME Section VIII) by Korea South-East Power Co., Ltd.

Awarded Grade “R” for selected items (Shop-Fabricated Pressure Vessel & Tank, ASME Section VIII) by Korea East-West Power Co., Ltd.

Awarded Grade “R” for selected items (ASME Heat Exchanger) by Korea Southern Power Co., Ltd.

ISO 9001 Certification renewed by KMA QA

Awarded Grade “R” for selected items (ASME Heat Exchanger) by Korea Western Power Co., Ltd.

Awarded Grade “R” for selected items (ASME Heat Exchanger) by Korea Midland Power Co., Ltd.

Awarded Grade “T” for selected items (ASME Heat Exchanger) by Korea Hydro & Nuclear Power Co., Ltd.

Plant expansion (within the same site, 529 m²)

Awarded Grade “Q” for nuclear power by Korea Electric Power Corporation

Relocated and expanded plant to Paltan-myeon, Hwaseong-si, Gyeonggi-do

Selected as a Promising Power Venture Company by KEPCO

Selected as a Promising Export SME by the Korea SMEs and Startups Agency (formerly SBC)

Designated as a venture company by the Gyeonggi Regional Office of SMEs

Received the Minister’s Award from the Ministry of Trade, Industry and Energy (Export Contributor in the Electrical Industry)

Acquired ISO 9001 certification (by BM TRADA, UK)

Manufactured and delivered COOLER for unit 1 auxiliary transformer of Yeonggwang Nuclear Power Plant

Acquired Grade “R” for nuclear power equipment from Korea Electric Power Corporation (KEPCO)

Manufactured and delivered COOLER for units 1 and 2 auxiliary transformers at Pyeongtaek Thermal Power Plant

Designated as an export support company by the Gyeonggi SME Export Support Center

Converted to a corporation under the name Shin Jung Woo Industry Co., Ltd.

Joined Korea Electrical Manufacturers Association

Acquired ISO 9002 certification (by BM TRADA, UK)

Acquired Grade “RI” qualification for thermal and hydroelectric power plant maintenance from KEPCO

Registered as a supplier for transformer radiators with Hyundai Heavy Industries Co., Ltd. (CODE: UQ437)

Acquired KEPCO bidding registration for transformer radiators

Obtained factory registration certificate for transformer radiators

Manufactured and delivered transformer radiators to POSCO Gwangyang

Manufactured and delivered heat exchangers for cooling equipment to POSCO Pohang

Manufactured and delivered 154kV transformer radiators to KEPCO

Manufactured and delivered 154kV transformer radiators to Hyundai Heavy Industries Co., Ltd.

Registered business license

Established transformer radiator factory in Jeongwang-dong, Siheung, Gyeonggi-do