▶ Signs an MOU with the Republic of Korea Army Headquarters to integrate unmanned and autonomous technology and systems into military fields ▶ Discusses smart construction equipment training for soldiers and the development of specialized unmanned machinery ▶ Donates 20 million KRW to support the bereaved families of fallen soldiers HD Construction Equipment is collaborating with the Republic of Korea (ROK) Army to enhance unmanned construction machinery technology and to jointly train personnel to operate and maintain smart construction equipment. On July 5, HD Construction Equipment announced that it had signed a Memorandum of Understanding (MOU) with the ROK Army Headquarters at Gyeryongdae in Chungcheongnam-do on the 3rd. The MOU focuses on "Technical Exchange for Construction Equipment Automation and Maintenance Personnel Training." The signing ceremony was attended by approximately 20 key officials from both organizations, including Moon Jae-young, CEO of HD Construction Equipment, and Major General Ha Heon-cheol, Deputy Chief of Staff for Logistics of the ROK Army Headquarters. This agreement aims to implement and assess unmanned and autonomous technologies and systems at military sites, addressing the changing operational conditions for construction equipment resulting from reduced military personnel. Additionally, it seeks to establish a stable operational system for construction equipment by developing skilled maintenance personnel. Under the agreement, HD Construction Equipment and the ROK Army will collaborate on deploying autonomous construction machinery for key military missions, including wartime damage restoration, facility reinforcement, and disaster relief. The partnership also focuses on creating an integrated control platform to seamlessly manage fleets of both manned and unmanned machinery simultaneously.           In addition, HD Construction Equipment will offer specialized maintenance training for the construction equipment currently used by the military. In return, the ROK Army will provide HD Construction Equipment employees with national security education and opportunities to visit historical battle sites within the country. Prior to the agreement, HD Construction Equipment invited ROK Army logistics and engineering officials to its Global Training Center in Eumseong last month for a live demonstration of autonomous technology. Following the showcase, the two sides discussed developing specialized unmanned machinery tailored for both military operations and civilian relief efforts. Recently, HD Construction Equipment has been expanding the real-world deployment of its autonomous technology by supplying autonomous excavators to large-scale construction sites and mines in Europe and conducting field verifications.  "This agreement fosters practical cooperation, enabling both parties to mutually evolve unmanned and autonomous technology in construction machinery," stated Moon Jae-young, CEO of HD Construction Equipment. "We will maintain our strong partnership to further the advancement of the construction machinery industry and promote peace and security in the Republic of Korea." During the signing ceremony, HD Construction Equipment donated 20 million KRW to the ROK Army to support the families of soldiers who died in battle or while on duty.

▶ Through process automation and logistics optimization, the company is targeting KRW 1.6 trillion in revenue by 2030. ▶ The annual production capacity of construction equipment components has been increased to 220,000 units. ▶ The company plans to take the lead in the medium-to-large electric forklift market with the launch of its 10–18 ton large electric forklifts HD Hyundai XiteSolution has successfully completed the advancement project of its Ulsan industrial vehicle plant, establishing a production base with an annual capacity of 24,000 industrial vehicles. In addition, the company has set a revenue target of KRW 1.6 trillion by 2030. HD Hyundai XiteSolution announced on Friday, the 19th, that it held a completion ceremony for its integrated industrial vehicle plant at the Ulsan Campus, on Thursday, the 18th. The event was attended by approximately 90 key officials, including HD Hyundai Group Vice Chairman Cho Young-cheul, HD Hyundai XiteSolution CEO Song Hee-joon, as well as employees and suppliers. The newly completed production facility is a result of the "Ulsan Campus Advancement Project," which HD Hyundai XiteSolution has carried out since 2022, investing approximately KRW 93 billion into the existing Ulsan Campus industrial vehicle plant. The company successfully reorganized its production facilities to create an integrated base for manufacturing industrial vehicles and heavy machinery components. As a result, its annual production capacity for industrial vehicles grew from 20,000 units to 24,000 units. Additionally, the production scale of parts for industrial vehicles and construction equipment increased from 170,000 to 220,000 units. In addition, the company upgraded its industrial vehicle plant by integrating automated conveyor lines, large-tire assembly systems, and automated guided vehicles (AGVs) for frame supply. To further enhance automation and optimize logistics, it also constructed new material warehouses, performance testing facilities, and dedicated shipping buildings.              Driven by the facility upgrade, product turnaround times will drop by 32%, or about 9 days, while overall manufacturing productivity jumps by 20%. Song Hee-joon, CEO of HD Hyundai XiteSolution, stated, "With the Ulsan Campus Advancement Project, we have elevated our quality and production competitiveness to new heights." He also mentioned, "Leveraging our comprehensive lineup of electric forklifts and our integrated production system, we aim to achieve KRW 1.6 trillion in revenue in the industrial vehicle sector by 2030." Following the 4–9-ton medium electric forklifts launched in the second half of last year, HD Hyundai XiteSolution will sequentially launch a lineup of 10–18-ton large electric forklifts starting this July. The company plans to strengthen its market penetration in the global market, where demand for eco-friendly equipment is growing, by offering a full product lineup ranging from small to large models.

▶ Delivery of First Two Next-Gen 40-Ton Pile Drivers for Foundation Work ▶ Application of Specialized Boom/Arm Design and Safety Technology... Improving Work Efficiency and Convenience ▶ Expanding Specialized Equipment Lineup in Foundation, Demolition, and Recycling to Open New Markets   HD Construction Equipment is expanding its specialized machinery lineup to target niche construction markets like foundation work, demolition, and waste recycling.   On Friday the 12th, the company announced the launch of its new 40-ton class DEVELON pile driver, delivering the first two units to customers. A pile driver is a specialized machine that drives long, heavy poles, or piles, deep into the ground. This creates a solid foundation that safely supports a building's total weight.    HD Construction Equipment built this new model using a next-generation 40-ton excavator platform to meet the growing demand for large, high-performance machinery.   Engineered for repetitive, high-load operations, this durable machine features 70% longer excavator booms and arms to handle long steel materials and integrates a Smart Around View Monitor (SAVM) that uses dedicated software, AI cameras, and radar to detect the surrounding environment in real time.   Beyond pile drivers, the company is actively expanding into other professional equipment sectors to capture new market opportunities with a versatile lineup.    This expansion includes last year's multi-functional pile driver, which combines drilling, driving, and extracting capabilities, as well as new high-reach demolition equipment for high-rise dismantling up to 15 stories and specialized material handlers for moving scrap metal and waste.   Rapid urbanization, city redevelopment, and massive global infrastructure projects are fueling the demand for specialized machinery. According to market research firms Persistence Market Research and Market Size & Trends, significant global growth is projected between 2026 and 2033, with the global pile driver market expected to grow 4.8% annually to reach $21.2 billion (approx. KRW 32 trillion). During the same period, the demolition and material handling equipment market is forecast to expand at an annual rate of 5.8%, reaching $1.99 billion (approx. KRW 3 trillion).   "As job sites become more complex, the demand for equipment optimized for specific, professional tasks is steadily rising," said an official from HD Construction Equipment. "We will continue to develop customized machinery to pioneer these new markets."