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Central’s Vision proclamation “We make a safe world by producing safe product” 17-11-03

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An automobile parts corporation, Central (Chairman, Kang Taeryong) proclaims a new vision. With business philosophy of “We make a safe world through continuous innovation for happiness of employees, customer’s trust and social advancement”, Central is committed to leap toward a new vision of ‘CENTRAL to your safe mobility’
This vision is scheduled to be proclaimed through ‘NEW VISION FESTIVAL’ which is held on KBS Changwon Hall on Nov 3. This proclamation will be participated by all employees of Central, 40 partnership companies’ CEO totaling around 9000 people. Central is scheduled to newly establish business philosophy, vision and core values in this event and make a resolution to leap toward one single place together with all employees by announcing a new CI containing spirit of Central.
Central, founded in 1971, with its 47 years’ history, has grown to be a corporation with exclusive technologies and global network. Currently, Central is being operated with 5 domestic affiliated companies and 2 oversea corporations (China, Mexico) as an integrated system of Central. In 2015, Central’s sales volume exceeded 1 trillion WON and it’s expected to accomplish 1 trillion and 151.6 billion WON of sales volume in 2017. 
Nowadays, automobile industries are completely changing their paradigm into electrical vehicles, smart cars (Connected car) and sharing of vehicles from conventional concept of car in the past due to The Fourth Industrial Revolution. Central decided to make a new growth strategy to survive amid rapidly growing environment, and to keep up with this domestic and overseas environment. In addition, Central established a new vision for the future not just for growth realizing that it could solidify internal efficiency. 
The new vision, ‘Central to your safe mobility’ contains a will to extend its business area to various mobility based on core technologies and capability in Central and provide safe products and services and to become a corporation that is absolutely necessary. This is a strategy to accomplish 3 trillion and 500 billion WONs of sales volume by year 2030 leaping to be a global core corporation and investing 4.5% of turnover into R&D.
The chairman of Central announced that “Central will make efforts to fulfill all of three articles: a corporation where employees feel happiness with responsibilities and duties, a corporation to prioritize profits of customers and a corporation to contribute to making of better society” In addition, he emphasized practicing of 4 core values to accomplish these goals: Challenge, Cooperation, Responsibility and Respect”
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