Manufacturer Introduction

DAEYEONG E&B

DAEYEONG E&B

After 16 years in business, Blue Air is establishing itself as a solid

manufacturer and supplier of premium quality products in the

foodservice equipment industry through its recent merger with

Daeyeong E&B, a leading manufacturer of commercial refrigerators

and ice machines in South Korea since 1981.

Manufacturer Overview

01Chapter

Nov. 1981 2,000

Manufacturer Overview

Commercial refrigeration Home appliance parts Solar tracker parts

Founded Employees Business

Headquarters in Korea: 170 Overseas factories: 1,830

DAEYEONG E&B

Daeyeong E&B, the Center of ‘Engineering’ and ‘Biotechnology’,

Global Factory Locations

DAEYEONG Electronics

Blue Air FSE,LLC

DAEYEONG E&B

DAEYEONG MexicoDAEYEONG Vina

• Washing Machines• Air Conditioners• Refrigerators

Manufacturer of Commercial Refrigerators & Ice Machines

Manufacturer of Consumer Electronic Parts for:

DAEYEONG E&B

• Refrigerator• Ice Machine

Commercial refrigeration sales

• Washing Machines• Air Conditioners• Refrigerators

Manufacturer of Consumer Electronic Parts for:

• Washing Machines• Air Conditioners• Refrigerators

Manufacturer of Consumer Electronic Parts for:

HistoryDAEYEONG E&B

Growing up yearsPioneer years Expansion years

1981 ~ 1995 1996 ~ 2007 2008 ~ 2019

1981.11 DAEYEONG Engineering founded in Korea

1983.05 Initiated a partnership with Samsung

(Home appliance press parts)

1985.07 Initiated commercial refrigerator production

(OEM manufacturing for Samsung)

1997.03 DAEYEONG Electronics founded in China

1997.08 Lassele brand launched

Lassele sales company founded

2000.07 Lassele service founded

2007.10 DAEYEONG Precision founded in China

2015.02 DAEYEONG Vina founded in Vietnam

2015.11 DAEYEONG Mexico founded

2018.11 Blue Air FSE, LLC founded in the U.S.

2019.08 Initiated a partnership with NEXTracker(DAEYEONG Electronics in China)

Sales Revenue

‘DAEYEONG E&B’ started its business partnership with ‘Samsung Electronics’ in 1983.

‘DAEYEONG E&B’ has established factories in China, Vietnam, and Mexico.

‘DAEYEONG E&B’ is currently exporting commercialkitchen equipment to over 30 countries.

2019201820172016

$195M$235M

$250M

$280M$320M

(Currency: USD)

2020

DAEYEONG E&B

Headquarters in Korea

02Chapter

Cutting and punching sheet metal Performance test Insulating cabinets and doors

Manufacturing of DAEYEONG E&BDAEYEONG E&B

Middle East

Europe South AmericaKorea

Asia China, Japan, Hong Kong, Thailand,

Philippines, Singapore, Malaysia

Middle East UAE, Kuwait, Saudi Arabia

Europe United Kingdom,Netherlands

North America USA, Canada, Mexico

South America Colombia, Chile, Ecuador, Panama

Oceania Australia

Africa South African Republic

North America

Oceania

Asia

DAEYEONG E&B – Global BusinessDAEYEONG E&B

Africa

Company Information

Founded in 1997

High-end products Market Share 36%(No. 1 in Korea)

800 dealers in Korea

Domestic Sales Company, Lassele in KoreaDAEYEONG E&B

since 2009

1231 Stores in Korea

since 2011

200 Stores in Korea

since 2011

144 Stores in Korea

since 2010

1229 Stores in Korea

since 2010

770 Stores in Korea

since 2014

400 Stores in Korea

Official Partners with Lassele in KoreaDAEYEONG E&B

Hotels

Franchise

Official Partners with Lassele in KoreaDAEYEONG E&B

Lassele Service – Domestic Service Company

Founded in 200020 professional technicians51 contractors in Korea

Service and field marketing

*Happy Call

Service Center End UserTechnicians/Agents

Dispatch service within 4 hours

18

5

6

1

4

Jeonnam

Seoul/Gyeonggi

Gyeongnam

5

Gyeongbuk

Gangwon

Jeju

Jeonbuk

7

5

Chungcheong

DAEYEONG E&B

* ‘Customer satisfaction call’ from service manager everyday

Overseas Factories

03Chapter

DAEYEONG Electronics

Press Mold Repair

Powder Coating Electro Deposition Coating

Foundation Apr. 1997

Location Suzhou, China

Site Area 359,000 sq. ft.

Employee 500

Customer Samsung Electronics, Flex

DAEYEONG E&B

Suzhou

DAEYEONG Electronics

Base Comp

Cabinet Bott Rear

WashingMachine

Frame Front

Frame CoverDrum Back/Front

Top Cover

Condenser

Refrigerator

Cabi Side-L

Cabi Side-R

Air Conditioner

DAEYEONG E&B

DAEYEONG ElectronicsFlex Profile

Foundation 1990

Annual Sales Revenue $27B

Employee 200,000

Nationality U.S. (Headquarter : Singapore)

> NASDAQ Listed

> Global top tracker manufacturer

Bearing Housing Assembly(BHA)

DAEYEONG E&B

DAEYEONG Vina

Press Injection Molding

Coating CNC (Mold Forming)

Foundation Feb. 2015

Location Dong Nai Province, Vietnam

Site Area 646,000 sq. ft.

Employee 400

Customer Samsung Electronics

DAEYEONG E&B

Dong Nai

DAEYEONG Vina

WashingMachine

Frame FrontFrame Cover

Drum Back/Front

Top Cover

Plate Bottom

Cover Filter

Cover PBA

Chassis Comp

Refrigerator

DAEYEONG E&B

DAEYEONG Mexico

Press Injection Molding

Coating CNC (Mold Forming)

Foundation Oct. 2015

Location Queretaro, Mexico

Site Area 560,000 sq. ft.

Employee 840

Customer Samsung Electronics

DAEYEONG E&B

Queretaro

DAEYEONG Mexico

Wrapper (Drum)

LaundryDryer

Dual Module

Top Cover

Drum BackFrame Front

Cover Evap.

Cap Door

Cover Dispenser Case Dispenser

Case Veg. Case Basket

Case Pantry Bottom Cabinet

Cabinet Rear Frame

Refrigerator

DAEYEONG E&B

Thank you