The first topic is about the renovation market.
Over the past 30 years, the buildings and facilities of our valued customers have been diligently managing various equipment and facilities.
However, due to the aging of these facilities, each equipment and facility within the buildings is being well maintained through remodeling or partial renovations.
Our system, too, continues to evolve with new technologies of the changing era, providing customers' buildings with new environments through partial or complete renovations. With a commitment to swift after-sales service, our technical capabilities have now expanded to over 3,000 projects, and our renovation AS team is actively providing services at various sites. In the midst of this, we released the 'ELC48' system as a replacement for TLC last year and have installed it at several sites.
Our existing TLC systems installed 30 years ago are now being replaced with the ELC48 system, offering more powerful features on-site. This system is a product developed to directly replace the existing hardware, with low replacement costs and easy, immediate replacement.
As a result, it has gained significant approval from existing facility managers, causing minimal disruption to the daily operations of the building.

The second topic involves the release of new products (such as the Universal Dimming Module and wireless solutions) that include additional features, alongside the replacement of existing systems.
We plan to launch these new products throughout this year.
These innovative products have already been introduced to the domestic market through our sales representatives and this website since the beginning of the year.
Once the COVID-19 pandemic subsides, they are scheduled to be exhibited at the large-scale Frankfurt exhibition in Germany.

From March 2nd to March 8th, the '2024 LIGHT & BUILD' exhibition will take place at Messe Frankfurt in Germany, where our company, with the support of KOTRA, will showcase both the existing ELC system and new lighting control solutions. The details of our lighting control system and new products exhibited at this event will also be posted on our website.

Our lighting control solutions, represented by 'MRBAS,' which competes globally with major companies at this prestigious international exhibition, have not only gained recognition in the domestic market through over 3,000 projects but are also expanding beyond the domestic market to the global market.
As a testament to the trustworthiness earned from numerous domestic projects, we aim to showcase our systems once again to global market customers, seeking evaluation and recognition.

The third topic: Our company is recognized as an excellent procurement company for 'IoT Lighting Control Technology-based HVAC Automatic Control Devices.' This technology allows for the control of heating, ventilation, and air conditioning (HVAC) devices using lighting control devices without the need for a separate HVAC automatic control system.
It is a system with the advantage of requiring low investment for automatic control.
This system is well-suited for government office projects that require facilities, power, lighting, zero energy, BEMS, SI, FMS systems.

We look forward to the choice of customers who are planning to initiate new facility orders for government projects, as our system can effectively meet the requirements of such projects.

The fourth topic: Our company has jointly applied for a patent with the Korea Association of Automatic Control for an item called 'Power/Communication Integrated Line and Automatic Recognition Building Control System for Each Control Device.
' We are also participating in the procurement system of the Small and Medium Business Administration as a 'Small Business Joint Business Product.' This item, however, is not yet well-known to government agencies, and purchases through this procurement system for government projects are not widespread.

Under this system, companies participating in this 'Small Business Joint Business' are engaged in named and restricted competitive bidding for the procurement.
The Small and Medium Business Central Association has introduced this system, and the Small and Medium Business Administration supports purchases under this system.
If there is a purchase requirement for automatic control equipment for new projects from government agencies, please feel free to contact us, and we will provide sincere consultation.

The fifth topic: Our company also plans to expand the business of zero-energy systems as a key focus for the current year.
After delivering and installing our first zero-energy system in 2022, and incorporating ZEB (Zero Energy Building) design into many projects last year, we are actively applying our system. Our zero-energy system will provide a differentiated system with smart services in the new ZEB software environment.

Compared to other competitors, we expect to offer seamless handling in pre-certification and full certification procedures, providing assistance in adopting this system without significant budget constraints As the LED lighting market has recently changed to smart lighting, our lighting control system is recognized as a company that can provide a variety of systems, and is receiving favorable reviews for its excellent products from various customers.

Early on, LDM (LED DALI Dimming Module) system that adopted the DALI communication method was installed mainly in large projects such as the KEPCO Naju office building, the Sejong City Government Building, and the 2nd Lotte World Tower.
It is recognized for its excellence that surpasses global competitors for its stability and convenient function implementation of the installed system.
In addition, Wireless Dimming System and 0-10V Dimming System of wireless method are also connected to one network of the existing ELC System. As the only system capable of interlocking control by integrating the existing On/Off system and DALI system, it is gaining attention at home and abroad.
These technologies can be thought of as the result of developing and integrating newly emerging technologies one by one with the existing system even after the development of the existing system.

As for the existing lighting control system, the On/Off system using Latching Relay was applied to most buildings.
However, as lighting fixtures changed from fluorescent lamps to LED lighting, this LED lighting began to apply wired/wireless Dimming Modules capable of individual dimming. Now most new projects have begun to install this individually controlled system for each luminaire.
But, the problem is that in the case of a large project, tens of thousands of LED lights are started to be controlled by individual dimming scenes one by one, marking it difficult to maintain a properly stable system in the range of communication problems and software processing capabilities.
We were also able to solve such communication problems and software processing capabilities one by one by actually experiencing these parts. ELC System is a system that can solve the trials and errors experienced while continuously releasing products applying the technology of US GE TLC. ELC stands for Excellent Lighting Control.
This system configures each control device as a separate Stand Alone type system, and connects them to the same network for interlocking control when necessary.
In the other words, the On/Off System and the Dimming System are operated separately, and they are connected on one network so that they can serve as complementary devices. Each system in configured not to have a lot or a small number of address, addresses from 000 to a maximum of 999.
Switches are also composed of various types, so that each switch type can be composed of 000~999 addresses.
In the On/Off system, it is configured of various control modules (4sRM, 6sRM, 4eRM), and these devices are composed of 000~999 addresses, allowing configuration from small projects to large projects.
In the Dimming System, it consists of various models such as 0-10 Dimming Module (8 Channels), DALI Dimming System, and Wireless Dimming System.
The design of the ELC System referred to the European model, and adopted a compact and smart configuration and practical American style functions.

Our company was founded in 1987 as MR Electronics by Chairman Min-Ro Yoon, and in 1991 by CEO Chang-Ro Yoon as MR Engineering, started a full-scale lighting control business. At that time in the 1990s, modernized buildings were being constructed as modernized buildings with the introduction of the Intelligent Building System. At that time, our company was installing advanced technology in Korea, acting as a Korean agency for the US GE TLC system.
In the early days, the lighting control market in Korea was a competition for Japanese products (Panasonic & Toshiba) and American products (GE & Lutron). At that time, for price competitiveness, our company received technology from GE and installed our system in large projects such as Incheon Airport and COEX mall through localization of some products, and began to receive favorable reviews from customers in Korea.
GE, a global company, no longer develops technology for the item of lighting control system, so in the early 2000s, we succeeded in developing a technology that combines Korean technology with the existing GE lighting control technology solution.
In 2002, SmarTLC and Smatrol software were developed and exported back to GE. Also, in 2012, we finally released the ELC system developed with pure technology, and we launched products such as SLC, MLC, and ILC on the market.