English 01 The Foundation of Our Success The Birth of Doosan Group Growth and Leap Changes and Transformations Global Expansion 1896 Park Seung-Jik opened first store Korea’s first modern store opened its doors in Baeohgae, Jongno 4-ga, Seoul on 1896. 1978 Company name changed from OB Group to Doosan Group To create an integrated corporate identity that represented the diversifying businesses of the Group, the company decided to renamed itself after “Doosan” of Doosan Industries, pursuing the legacy of the original Park Seung-jik Store. 1982 Founded the OB Bears (Currently Doosan Bears) The OB Bears, the first Korean professional baseball team, won the very first Korean Series. 1996 Announced Doosan Group’s new CI in commemoration of its 100th anniversary As the first Korean company to celebrate a 100th anniversary, Doosan announced the new CI to ensure another 100 years of success. 1998 Completed the construction of Doosan Tower Doosan ushered in the "Dongdaemun era" by building the Doosan Tower in Dongdaemun, which is situated near Baeohgae in Jongno 4-ga, the birthplace of Doosan. 2001 Acquired Korea Heavy Industries and Construction (Currently Doosan Heavy Industries & Construction) As part of its effort to secure new growth engines after undergoing a preemptive restructuring, Doosan acquired Korea Heavy Industries & Construction, currently Doosan Heavy Industries & Construction--a globally recognized company specializing in power generation, desalination, casting-forging and construction--paving the way for another great leap forward. 2007 Acquired 3 business divisions of Ingersoll Rand US including Bobcat Doosan successfully completed M&A deals of acquiring compact construction equipment units including Bobcat, the world’s leading utility equipment and attachments unit of Ingersoll Rand in the U.S., boosting its ranking in the global construction equipment industry to the 7th. 2014 Doosan enters the fuel cell business Doosan merged with Fuel Cell Power, the fuel cell market leader in Korea. It acquired US-based ClearEdge Power, a company possessing the original fuel cell technology for buildings, to enter the fuel cell business. 2017 Established Doosan robotics Doosan Robotics completed its collaborative robot manufacturing facility with annual production capacity of 10,000-plus units. The new 4,451-square-meter factory built in the Suwon Industrial Complex in Gosaek-dong, Suwon-si, Gyeonggi Province will begin mass production of M Series models in December. Doosan’s collaborative robots are integrated into the main manufacturing process, working side by side with humans to make other collaborative robots. Having built the industry’s largest collaborative robot lineup, Doosan Robotics offers models with a wide range of specification, such as working radius of 900mm - 1,700mm and 5kg - 25kg in payload, to be used widely not only in manufacturing but also in the energy, electrical/electronics, chemical, construction, and service industries. 2018 Doosan Mobility Innovation(DMI) Sets Foot in UAV Fuel Cell Market DMI has succeeded in demonstrating a breakthrough drone flight time using a hydrogen fuel cell pack. A fuel cell pack is a battery assembly that generates electricity through the electrochemical reaction of hydrogen and oxygen. DMI began mass-producing fuel cell packs in October 2019 and received the Best Innovation Award in CES 2020 in recognition of its superior technology. 2019 Localization of large gas turbine for power generation...Fifth in the world Doosan Heavy Industries & Construction (DHIC) has actively participated in the national project of developing the Korean model for the large-capacity gas turbine model since 2013 and succeeded in developing the world’s fifth—and Korea’s first—unique large gas turbine for power generation. DHIC is currently conducting the large gas turbine verification test, and it will soon begin the demonstration project with the internal model. 2020 Doosan Fuel Cell built the world's first and largest byproduct hydrogen fuel cell power plant Doosan Fuel Cell completed the construction of the “Daesan Hydrogen Fuel Cell Power Plant,” which can supply 114 hydrogen fuel cells. The Daesan Hydrogen Fuel Cell Power Plant is the world's first and largest fuel cell power plant fueled by byproduct hydrogen. Doosan Fuel Cell aims to develop a new business model for the hydrogen industry by establishing a business partnership for the development of eco-friendly fuel cells for ships with Navig8, a global shipping company. 2021 Construction of the Doosan Tower in Bundang The new company building, which consists of 27 floors and seven basement levels, was designed as a landmark building that applied a lift-up method to a 1,500-ton sky bridge, which is the largest scale in Korea. Four companies (Doosan Heavy Industries & Construction, Doosan Digital Innovation, Doosan Bobcat, and Doosan Cuvex) will move into the new building, where they are expected to create a powerful synergy effect.