Hanon Systems Named to Forbes 2016 Fabulous 50 List of Top Asia Companies

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Sep 28, 2016, 01:30 ET

DAEJEON, South Korea, Sept. 28, 2016 /PRNewswire/ -- Hanon Systems (KS: 018880), a leading global provider of automotive thermal solutions, has been named to the Forbes Asia Fabulous 50 list of top public companies in the Asia-Pacific region for the year 2016.

Honorees of the annual Forbes Asia Fabulous 50 list are selected from a pool of public companies in Asia-Pacific that are deemed as high-performing based on a number of factors including annual revenue, progressive revenue growth over the past five years, ownership structure, debt ratio and more than a dozen of other key financial measures.

"It is a tremendous honor to be recognized by Forbes Asia magazine as one of the top-performing companies in Asia," said In-Young Lee, president and chief executive officer of Hanon Systems. "This acknowledgment is a testament to the unwavering efforts of our talented workforce to grow our business, develop leading-edge technologies and operate in a way that demonstrates financial strength. We will continue to focus on future success and are grateful to our customers who prove their trust in us by choosing Hanon Systems as a valued supplier partner."

Hanon Systems is one of only two companies to be named to the 2016 Fabulous 50 list in the automotive parts sector, and one of five companies based in South Korea.

To view the list, visit www.forbes.com/fab50. The list appears in the September print edition of Forbes Asia.

About Hanon Systems
Hanon Systems is a full-line supplier of automotive thermal management solutions. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. With 40 manufacturing sites supported by four global technical centers in 19 countries, the company employs more than 15,500 people. To learn more, visit hanonsystems.com.

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