Dear Shareholders,

This year’s AGM is completely digital because of the ongoing pandemic. First 2021, Looking back last year, it will be remembered for the pandemic. We tried to do our best effort to minimize risk of Covid-19 infection and did extra care for protection in compliance with government regulation of quarantine.

Under this particular situation, We could successfully delivery both Koodiaderi and Santos project without any delay. This year 2022, I Think things are finally picking up.Big project, Crisp which was suspended in 2020 due to Covid-19, restarted in March this year.

New Santos project and Cimtas projects were contracted and secured as a consequence of our good performance last year.  Now, 3 projects are ongoing and making good progress as per schedule.

So we already secured our backlog which is going to be triple compared to last year sales and we have some high-potential projects which may starts in this year. Current plant Market situation is a little complicated because of expectations of Covid-19 ending and inflation pressure.

However it seems that market cannot be stopped any longer. It will start planned project sooner or later. More we have opportunity it lead us to participate more project in year 2022/2023.

On behalf of the Board of Directors and Executive teams at BJCHI, I would like to express my great appreciation to all stakeholders for their excellent trust and ongoing support to the company.

As one of the leading manufactures in the industrial energy plant construction. We shall operate business under corporate governance to create value for shareholders through our business’s sustainable growth.

 

Mr. Young Jun Lee

CEO/MD