16th June 2005 - Daehwa Brake Co. Ltd. Changes Name to S&T Brake Co. Ltd.

We are pleased to announce that we, Daehwa Brake Co., Ltd, have changed the name of the company to S&T Brake Co., Ltd effective from June 3, 2005. Since the Samyoung Co., Ltd Merger & Acquisition of Daehwa Brake Co., Ltd, this change of company name have been focused on the vision of becoming to be 'No 1 Global Company in Brake in the world' on the base of Company’s philosophy “Focusing on the Future”.

S&T Brake Co., Ltd was born with strong will of executing 'No 1 Global Company in Brake in the world' through development of the Science and Technology for 21 Century on the base of various results in developing the Brake for the past 37 years.

Also, S&T Brake Co., Ltd means “The Super” & “The Top” presenting a direction and will to focus on independent technology, No 1 products and No 1 Global Company as well as the historical meaning to integrate the culture between Samyoung Co., Ltd and TONGIL Heavy Industries Co., Ltd which are our family companies.

The constant belief and supporting to Daehwa Brake Co., Ltd by our customers & partners shall make possible to have today’s preservation and growth of Daehwa Brake Co., Ltd. S&T Brake Co., Ltd will do our best efforts to write the new history under this supporting and constant belief.

We hope that you will keep your constant belief and supporting to “S&T Brake Co., Ltd who will reach to the vision of 'No 1 Global Company in Brake in the world' in the future. We would be very appreciated for your attention as our permanent customers & partners. We will try to do our best efforts S&T Brake Co., Ltd highly shall have outstanding position in the world.

For more information please visit S&T Brake at: www.hisntb.com

Source: S&T Brake Co. Ltd. Press Release