Mar. 24, 2010 · 2019-06-24 · Plant (Beijing, China ) •China office •Sales & marketing in...

World No.1 Wind Tower Company

Mar. 24, 2010



Company Overview

History

Continuous Growth

Keys to Success

Future Roadmap

Vision


Company Overview

• Company : CS Wind Corporation

• Establishment : 1989 as Choong San Corp.

(renamed to CS Wind in 2003)

• Employees : Total 1,600 employees

• Business area : Production and logistics of

wind tower and internal parts

• Capacity : Total 2,200 Towers/Yr_2010

(Approximately 240,000 MT)

(Cheonan, Korea/HQ)

• Planning & Biz development

• Sales & marketing

• Financing

• Procurement(Phu My, Vietnam )

• Wind tower manufacturing

• Aluminum platform

for wind tower

(Lianyungang, China)• Wind tower manufacturing

• Raw material procurement

• Procurement

Office

Plant

(Beijing, China )• China office

• Sales & marketing in China


History

1984~2004 _Foundation

2005~2006 _Globalization

2007~_Industry leader

1984~

2003

Steel structures, Chemical/Power plants, Refineries for global projects

2003 Establishment of CS Wind Tower in Vietnam

2004 First tower shipment to New Zealand

Exclusive partnership agreement with VESTAS for CS Wind Tower (Vietnam)

2005 ISO 9001:2000 qualification

2006 HQ was renamed to CS Wind Corporation(holding company of CS Wind Group)

Establishment of CS Wind Tech in China

2007 First tower shipment from CW Wind Tech

Establishment of CS Wind Industries for internal parts manufacturing in Vietnam

5years tower purchasing agreement with SIEMENS Wind Power A/S

5years tower purchasing agreement with VESTAS

Strategic equity investment from GOLDMAN SACHS

2008 2years tower purchasing agreement with GAMESA

2009 Implementation of Lean 6 sigma & QMSTower purchasing Agreement with VERGNET


CS Wind’s Global Presence

Dokie Ridge Duke Notrees Marengo

Horizon Dickinson Elkhorn NRG Elbow Creek

Sues-Caribou 1 EON 2009 Pioneer Prairie

Summerside Flat Rock Prairie Star

Karvana Hackberry PSE Whiskey Ridge

Port Alma Harvest Wind RES Westar

Alleco Horizon Sherbino Mesa

Alliant MSA Horizon Meadow Skypower Fermeuse

Biglow Canyon Horizon MSA Smokey Hill

Biglow II Horizon MSA Solano

Biglow Ⅲ John Deer Summit Windy Point

Blue Sky Greenfield Juancho Los Cocos III Twin Groves II

BP Master KIBBY Vame Various

Cedar Ridge Kittitas Valley White Hill

Cloud County Maple Ridge II Wild Horse

Tararua

Te Apetiti

ALINTA

EMU Dawns

Chang Kong

Bangui Bay

8 foundationILN

Fohr

Sophien Magdelenen Hoog

Karvana

GYORKONY

Gyorkony

SDS & ILN

Sanko Catalca

N. AMERICA : 86%

APAC : 10%

EU : 5%


CS Wind in US Project Sites

Hopkins Ridge

Kittitas Valley

Wild Horse

Maple Ridge II

Marengo

Windy Point

Whiskey RidgeBiglow II, III

Elkhorn Valley

Cloud County

RES Westar

Smoky Hills

Sherbino Mesa

Hackberry

Elbow Creek

Duke Notrees

Solano II

Meadow Lake

Twin Groves II

Pioneer Prairie

Prairie star

Cedar Ridge

BSGF

Port Alma

Kibby Mt.


CS Wind’s Market Share (2008)

Worldwide

Others, 7,125 , 84%

CS Wind, 1,308 , 16%

North America

Others, 26,658 ,

95%

CS Wind, 1,532 ,

5%

(Unit: MW)


Continuous Growth

2004 2005 2006 2007 2008 2009 2010(E)

70211

388 471

764 772

1,200

70281

669

1,140

1,904

2,676

3,876Net Accumulated

2004 2005 2006 2007 2008 2009 2010(E)

5.6 8.518.3

36.6

132.4 118.6

212.8

(Unit: SET, 106 Ton based) (Unit: Million USD)

Tower Production Sales Revenue


Keys to Success

Cost Leadership

Globalization LocalizationManagement

Leadership

Improvement Culture

Lean

Six Sigma

Financial Soundness

Customer Intimacy

Cost Leadership

Proven Quality &

Technology


Keys to Success… 1

Globalization

– Global Presence & Reliable Brand

– Global Supply Chain Management & Flexibility

– Single Communication & Work process

Localization

– Local Leadership & Delegation of Authority

– Local sourcing for MRO and consumables

Management Leadership

– Management’s full-time commitment to QMS/Lean

– Capable and globalized management pool



Improvement Culture

– Company Policy & Culture

– Passion for the best with discipline and Continuous Improvement

Lean Six Sigma

– Lean thinking at Work & Lean Action Work Out

– Try-storming with 90 projects by Local employees

– Full dedication to Statistical Improvement

Proven Quality & Technologies

– Action based Quality Management System

– Capable to serve On & Off shore towwer

– Qualified as the “Best Supplier” from VESTAS

– Nominated as a sole “Global Supplier” by Siemens



Cost Leadership

– Low cost based on cost-effective manpower

– Geographical advantage and local sourcing

Customer Intimacy

– 7 year tower purchasing agreement with VESTAS

for 440,000 tons of towers (2007 ~ 2013)

– 5 year tower purchasing agreement with Siemens

for 140,000 tons of towers (2007 ~ 2011)

Financial Soundness

– Strategic equity investment from Goldman Sachs

– Sound Debt ratio of 75% (as of Dec. 2009)


Future Roadmap

As-Is

• Wind Tower Manufacturer

• Cost Leadership

• Customer Satisfaction

• Centralized Management

• Globalization base on Cost

• Marketing based on Price &

Quality

• Green Field Investment

• Wind Tower Solution Provider

• Market Leadership

• Interactive Partnership &

Intimacy with Customers

• Decentralization & Authorization

• Globalization based on Market

• Marketing based on Quality &

Integrated service

• Mobile Mfg Investment

To-Be


ValuesGLOCALIZATION

World’s most reliable Wind Tower Solution Provider

Safety

Competitiveness

People

Customer

Vision


Thank You!

CS Wind Corporation (Korea HQ)4th Fl., Baekseok University Building1519, Seongjeong-dong, Seobuk-gu, Cheonan-si, Chungcheongnam-do, Korea 331-170Tel : 82-41-901-1832Fax : 82-41-901-1999

CS Wind Vietnam Co., Ltd Phu My Industrial Zone No. 1 Tan Thanh District, Baria-Vungtau Province, VietnamTEL : 84-64-392-1612FAX : 84-64-392-1615

CS Wind Tech Co., LtdNo. 30Yunyang Road, Lianyungang Economic and Technologic Development Zone, Lianyungang City, Jiangsu Province, ChinaTEL : 86-518-8232-0456FAX :86-518-8231-6550

CS Wind Corporation (CHINA office)#1517, B Block, Jiameizhongxin, No. 16, Guangshunnan street, Chaoyang District, Beijing, China P.C. 100102TEL : 86-10-8476-1600

Mar. 24, 2010 · 2019-06-24 · Plant (Beijing, China ) •China office •Sales & marketing in...

Documents

Transcript of Mar. 24, 2010 · 2019-06-24 · Plant (Beijing, China ) •China office •Sales & marketing in...