AJIN USA Investment Program

Reliable Method for Return of investment & Job Creation !! Investment in Korean company Established in U.S.A. !!

Southeast Regional Center

US Investor Visa (EB‐5) 

AJIN USA Investment Program 

AJIN Group

AJIN USA

Other Materials/Information

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I. US Investor Visa (EB-5)

1.  Overview 2.  Regional Center Program 

3.  Qualification 

4.  Strengths  

5.  Immigration Procedure Timeline 

6.  Key Points 

7.  Statistics 

I. US Investor Visa (EB-5) - Overview -

▣ Alien who has invested his own capital amount to a new commercial enterprise, and created 10 or more jobs will be given permanent resident status in US with his family members including spouse and under 21 years old unmarried children. ▣ Investor and his family members obtain conditional permanent resident of two years. Once the investment terms and job creation requirements are met in the initial two years, they can obtain unconditional permanent residency. ▣ Requirements of Investor’s Immigration Program are simple. (1) Invest US $1,000,000 or $500,000 (T.E.A. area) (2) Create 10 jobs

I. US Investor Visa (EB-5) - Regional Center Program -

▣ It is any economic unit, public or private, which is involved with the promotion of economic growth, including increased export sales, improved regional productivity, job creation, and increased domestic capital investment. ▣ Regional Centers that have been designated by USCIS can be eligible to participate in the Immigration Investor Pilot Program, and Investors can received the benefit of INDIRECT and DIRECT job creation calculation.

Regular EB-5 Regional Center EB-5 Regional Center EB-5 [TEA]

Investment $1,000,000 $1,000,000 $500,000

Job Creation Directly,

over 10 jobs Directly or indirectly,

over 10 jobs Directly or indirectly,

over 10 jobs

I. US Investor Visa (EB-5) - Qualifications -

▣ Lawful Source of Fund The investor and the spouse should prove that the invested capital is lawfully obtained. ▣ Physical & Police Check The investor and his accompanying family should pass the health and criminal record screening. ▣ No Limitation There is no limitation on age, management experiences, and education, and there is no proof of English proficiency.

I. US Investor Visa (EB-5) - Strengths -

▣ The fastest Immigration Procedure for a green card: About 1 year

▣ Freedom of residence & Relocation : Regardless of the invested place

▣ As a permanent resident, No limits on employment, business, or study.

▣ No need to involve day-to-day business activities to keep visa status like E-2 Visa

▣ Able to receive federal loan to attend schools with residents’ tuition rate & medical expenses

▣ No limitation to enter schools for children

(some medical schools do not accept international students to enroll.)

▣ Able to apply for a U.S. citizenship 5 years after initial entry to the U.S. as a permanent resident

▣ Able to sponsor over 21 years old unmarried child once become a permanent resident,

and able to sponsor parents, siblings, and married child upon US Citizenship

▣ The fastest Immigration Procedure for a green card: About 1 year

▣ Freedom of residence & Relocation : Regardless of the invested place

▣ As a permanent resident, No limits on employment, business, or study.

▣ No need to involve day-to-day business activities to keep visa status like E-2 Visa

▣ Able to receive federal loan to attend schools with residents’ tuition rate & medical expenses

▣ No limitation to enter schools for children

(some medical schools do not accept international students to enroll.)

▣ Able to apply for a U.S. citizenship 5 years after initial entry to the U.S. as a permanent resident

▣ Able to sponsor over 21 years old unmarried child once become a permanent resident,

and able to sponsor parents, siblings, and married child upon US Citizenship

I. US Investor Visa (EB-5) - Immigration Procedure Timeline-

Subscription

Wire investment to SRC A/C

Petition (I-526)

Transfer to NVC

VISA FEE & DS-230

Physical Exam

USCIS Approval

US Embassy Interview

Conditional Visa

Wire investment

AJIN USA

Investor

Repayment

AJIN USA FUND I, LLC

Return (5 years)

AJIN USA FUND I, LLC

Green card Investment

I. US Investor Visa (EB-5) - Key Points -

* Key Point: Removal of conditions on Green Card after 2-year stay in the U.S. * Requirements for Removal - Proof of actual investment - Creation of over 10 jobs - Continuity of Business

* Key Point: Return of Investment through choosing Safe Program that meets US immigration law * Importance Capability and Intension of Investing Enterprise

1. Acquisition of Green Card

(Conditional Visa)

2. Return of the Principal

I. US Investor Visa (EB-5) - Statistics -

Total (3,222) 100%

Source: U.S. Department of State http://travel.state.gov/visa/statistics

EB-5 Visas issued in FY 2009

II. AJIN USA Investment Program

1.  Usage of Fund 

2.  Total Project Cost 

3.  Expected Job Creation 

4.  Structure of Investment 

5.  Strengths      ‐ As to Return of Investment      ‐ As to Job Creation 

II. AJIN USA Investment Program - Usage of Fund

Fund will be used for Facility Expansion of AJIN USA

To meet rising sales volume of Hyundai AL & Kia GA, AJIN USA is planning to expand their facilities

Factory Office Total Assembly Shipping CKDStore Press Add Total285,000 40,000 325,000 38,350 50,460 70,000 19,820 178,630 503,630

Item

Size (ft²)

Full TotalAdditional Building SpaceExisting Building Sizing

II. AJIN USA Investment Program - Usage of Fund

Production Schedule AJIN USA - started parts production for “Sorento” of KMMG from Oct. 2009 - completed parts production for 120,000 vehicles of “Sorento” in 2010 - started parts production for “Santafe” of HMMA from 2010 - will start parts production for “New Model” of KMMG in 2011

Production Schedule AJIN USA - started parts production for “Sorento” of KMMG from Oct. 2009 - completed parts production for 120,000 vehicles of “Sorento” in 2010 - started parts production for “Santafe” of HMMA from 2010 - will start parts production for “New Model” of KMMG in 2011

II. AJIN USA Investment Program - Total Project Cost

Invested by 2009:

U$71,000,000 EB-5 Investor Fund:

U$41,000,000

First Project plans to raise up to U$10,000,000 (by 20 Investors) - procured 20 investors as of 8/26/2011

Second Project plans to raise up to U$8,000,000 (by 16 Investors) - procured 3 investors as of 6/30/2012 (13 Investor units left)

Total U$112,000,000

· Investment Period : 5 years · Investment Amount per Investor: $500,000+Subscription Fee

$35,000 + Immigration Service Fee · Return on Investment : 2.5% /5 years

II. AJIN USA Investment Program - Expected Job Creation

0

100

200

300

400

500

2010 2011 2012 2013

50 50 55 55

156

350 395 395

206

400 450 450

Management

Production

Total

(Direct Employment)

II. AJIN USA Investment Program - Structure of Investment

Individual Investor Individual Investor

New Enterprise

(AJIN USA FUND I, LLC)

JOON LLC d/b/a AJIN USA

[Facility Expansion]

Repay Repay

Invest Invest Share Share

Loan Loan

II. AJIN USA Investment Program - Strengths (1. Support of State and Local Government)

Local Government

Free Land: 50 Acres value = $1,250,000 Site Preparation: $1,000,000, Air Permit Fee Waived: $10,000 Groundbreaking Ceremony: $10,000, Job Creation Incentives: $300,000 Landscaping and Parking Lot: $330,000 Road: $150,000, Site Surveys: $45,000, Temporary Housing & Office: $105,000 Utilities to Building: $75,000, Water Tap Fee: $7,000 Landing Service (Family Coordinator): $50,000 AIDT Recruitment and Training for employees: $2,540,000 Tax Abatements (Next 20 years): $95,157,229

Local Government

Free Land: 50 Acres value = $1,250,000 Site Preparation: $1,000,000, Air Permit Fee Waived: $10,000 Groundbreaking Ceremony: $10,000, Job Creation Incentives: $300,000 Landscaping and Parking Lot: $330,000 Road: $150,000, Site Surveys: $45,000, Temporary Housing & Office: $105,000 Utilities to Building: $75,000, Water Tap Fee: $7,000 Landing Service (Family Coordinator): $50,000 AIDT Recruitment and Training for employees: $2,540,000 Tax Abatements (Next 20 years): $95,157,229

State Government

Job Creation Incentives: $1,000,000 + $1,000,000 (See the Part V) State Site Preparation Program: $150,000

State Government

Job Creation Incentives: $1,000,000 + $1,000,000 (See the Part V) State Site Preparation Program: $150,000

Total Over 100 Million: $ 7,022,000 (Received) + $ 96,157,229 (In 20 years)

II. AJIN USA Investment Program - Strengths (2. Support of AJIN Group)

II. AJIN USA Investment Program - Strengths (3. Support of Hyundai & Kia Motors)

AJIN USA has supplied HMMA & KMMG with the core parts for their cars The Know-how & Technology of AJIN USA cannot be substituted KMMG provided below machine valued at US $ 24.2 Million

II. AJIN USA Investment Program - Strengths (4. Rapid growth of Hyundai & Kia in the U.S. market)

Top 20 vehicles in North U.S. - Basic Date: Jul. 2010 - Source: www.motorintelligence.com HMMA ranks 11th&12th

Top 20 vehicles in North U.S. - Basic Date: Jul. 2010 - Source: www.motorintelligence.com HMMA ranks 11th&12th

II. AJIN USA Investment Program - Strengths (4. Rapid growth of Hyundai & Kia in the U.S. market)

The Sales Status of HMMA Vehicles in U.S. - Basic Date: Jul. 2010 - Source: www.HyundaiAssurance.com

The Sales Status of HMMA Vehicles in U.S. - Basic Date: Jul. 2010 - Source: www.HyundaiAssurance.com

The Sales Status of KMMG Vehicles in U.S. - Basic Date: Jul. 2010 - Source: www.kia.com

The Sales Status of KMMG Vehicles in U.S. - Basic Date: Jul. 2010 - Source: www.kia.com

II. AJIN USA Investment Program - Strengths (4. Rapid growth of Hyundai & Kia in the U.S. market)

OEM

SALES % MARKET SHARE June June

% Chg June June

2010 2009 2010 2009 General Motors Corp. 194,716 174,006 11.9 19.8 20.2 Ford Motor Company 170,695 147,831 15.5 17.4 17.2

Toyota Motor Sales USA Inc. 140,604 131,654 6.8 14.3 15.3 American Honda Motor Co Inc. 106,627 100,420 6.2 10.8 11.7

Chrysler LLC 92,482 68,297 35.4 9.4 7.9 Nissan North America Inc. 64,570 58,298 10.8 6.6 6.8

Hyundai Motor America 51,205 37,943 35 5.2 4.4 Kia Motors America Inc. 31,906 26,845 18.9 3.2 3.1 Subaru of America Inc. 21,601 18,620 16 2.2 2.2

Volkswagen of America Inc. 21,051 19,027 10.6 2.1 2.2 BMW of North America Inc. 19,182 16,744 14.6 1.9 1.9

Mercedes-Benz 18,997 15,252 24.6 1.9 1.8 Audi of America Inc. 8,601 7,524 14.3 0.9 0.9

Volvo 4,995 7,042 -29.1 0.5 0.8 Mitsubishi Motors N A, Inc. 4,198 4,362 -3.8 0.4 0.5

== The Rest has been omitted == TOTAL 964,888 845,052 14.2

The Sales Status of HMMA & KMMG in U.S. in Jun. 2010 (Source: Wall Street Journal) The Sales Status of HMMA & KMMG in U.S. in Jun. 2010 (Source: Wall Street Journal)

II. AJIN USA Investment Program - Strengths (In Conclusion)

Due to the recent recession in U.S.,

other programs such as Hotel, Infra construction, Real Estate or Farm

have been in troubles to create jobs

→ Obstacle of Condition Removal

With the steady growth of Hyundai & Kia Motors in U.S. market,

AJIN USA has continued to hire production workers.

The job creation plan has been pre-approved by USCIS with IMPLAN model.

The Safest Program for Job creation against U.S. Recession The Safest Program for Job creation against U.S. Recession

III. AJIN Group

1.  Business Location 

2.  Members of AJIN Group 

3.  Main Products 

4.  Status & Goal of Sales 

III. AJIN Group - Business Location

A-JIN WOOSHIN DAEWOO PINETRON

Shanghai Jung-ho Sandong Joong-ho DAEWOO - SuZhou

JOON.LLC (AJIN USA)

DAEWOO VIETNAM Plant

III. AJIN Group - Members of AJIN Group

1976 1987 1999 2005 2008

AJIN U.S.A(JOON.LLC)

Established in 1976 Located in Korea Staff No.: 270 Sales: 123billion (FY2010, KRW)

Established in 1987 Located in Korea Staff No.: 125 Sales: 38billion (FY2009, KRW)

Established in 1999 Located in Korea Main Goods: DVR

2009

Established in 2008 In Cusseta, AL, U.S. Owned by AJIN(70%) ,WOOSHIN(30%)

Established in 2006 In Shanghai, China Staff No.: 100 http://www1.wamc.co.kr:8000/sanghea/CN

Established in 1973 Located in Korea, China Staff No.: 107 Asset: 15billion(KRW)

III. AJIN Group - Main Products

PNL ASSY COWL COMPL

PNL ASSY RAID SUPT UPR PNL ASSY F/APRON I/O COMPL

REINF ASSY SIDE OTR COMPL

PNL ASSY QTR INR LWR

PNL ASSY RR P/TRAY

PNL ASSY QTR INR UPR

ASSY SUN ROOF REINF RING

Around-View

Parking Assist System

Parking Assist System

Fuel Sender

Roll Over Valve

BLACK-BOX

Tiptronic & LED indicator

CAR-DVR BCM/ECU

Voltage Regulator

Ignition Module

III. AJIN Group - Status & Goal of Sales

AJIN Wooshin AJIN USA Shanghai Jung-ho Total

2015 Sales Goal of AJIN Group: 1 billion

Unit: 1 Million (USD)

52  68  75 85 

110 

210 

270 

360 

420 

IV. AJIN USA

1.  Business Location 

2.  Overview 

3.  Media Reports 

IV. AJIN USA - Business Location

AJIN USA

70 EXIT

IV. AJIN USA - Overview

Name Joon, LLC d/b/a AJIN USA (KIA Tier I Supplier)

CEO SEA, JUNG HO

Established Feb. 2008

Location Cusseta, Alabama (Chambers County)

Ownership Ajin Industrial Co., Ltd. (70%), Wooshin Industrial Co., Ltd. (30%)

Note

Tier 1 Supplier for KMMG(KIA MOTOR MANUFACTURING GEORGIA)

Completed a facility with production capacity of 300,000 cars per year in Sep. 2009

Started to produce parts for “Sorento” of KMMG from Oct. 2009

Completed the production of parts for 120,000 vehicles of “Sorento” in 2010

Started to produce parts for “Santafe” of HMMA from 2010 (“ K-5 of KMMG” in 2011)

IV. AJIN USA - Media Reports

The Valley/West Point Times – News – Thursday Apr. 29, 2010 – Page 7B

IV. AJIN USA - Media Reports AJIN IS HERE! —  

Ajin USA had one of the most colorfully  

decorated cars in Thursday’s Valleywide Christmas 

Parade. The car was adorned with lots of red 

bows, gold and silver tinsel, some snowmen and 

red and green balloons. Ajin is in its first year of 

production

in the Chambers County Industrial Park at Exit 70 

off I‐85.  

The company manufactures

eight key body components for the crossover 

Sorentos that are coming off the

assembly line at Kia Motors Manufacturing 

Georgia (KMMG).  

(Photo by Wayne Clark) Dec. 11, 2009 Valley Times

V. Other Materials / Information

1.  SRC Pre‐Approval Letter 

2.  Certificate of Organization               ‐ SRC AJIN FUND I LLC 

3.  CCDA Reference for AJIN USA 

5.  Media Reports of HMMA, KMMG 

6.  Contact Information 

4.  Job Creation Incentives  

V. Other Materials / Information - SRC Pre-Approval Letter

V. Other Materials / Information - Certificate of Organization (SRC AJIN FUND I LLC)

V. Other Materials / Information - CCDA Reference for AJIN USA

Reference Letter for EB-5 Funding of AJIN USA - From the Chairman of the Board of CCDA

Reference Letter for EB-5 Funding of AJIN USA - From the Chairman of the Board of CCDA

V. Other Materials / Information - Job Creation Incentives

Copy of Check From State of Alabama In return of the achievement of 200 new job creation

Copy of Check From State of Alabama In return of the achievement of 200 new job creation

V. Other Materials / Information - Media Reports of HMMA, KMMG

V. Other Materials / Information - Media Reports of HMMA, KMMG

(Feb. 26, 2010) (Feb. 26, 2010) (Feb. 26, 2010)

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