Company relocation & business expansion

Standard Energy moved to 36, Techno 6-ro, Youseong-gu, Republic of Korea from 32-16, Techno 7-ro, Yuseong-gu, Daejeon, Republic of Korea. The office, factory and research center were enlarged about 2 times compared to previous location. Standard Energy will prepare business expansion, technology development for the product, and mass production to enter a large capacity battery market.