HANKWANG Co., Ltd. is a Korea-based company engaged in the manufacturing and marketing of laser processing equipment. The Company mainly provides laser cutting machines including cutting, welding, heat treatment and special-purpose laser systems used in electronic, electrical, machinery, automobile, semiconductor, steel and other industries. Its products are categorized into hybrid type and flying optic type. The Company also provides lenses and other components, as well as repair and maintenance services. The Company distributes its products within domestic market and to overseas markets. As of December 31, 2011, the Company had two affiliated companies.