Hanon Systems Joins Hankook and Company Group to Showcase Thermal Management Technologies at AAPEX 2025

• Joint participation by three affiliates — Hankook Tire, Hanon Systems, and Hankook & Company's ES Division — presents integrated solutions for electrified and sustainable mobility
• Expanding innovation and technological leadership into the aftermarket to strengthen global competitiveness

LAS VEGAS, Nov. 5, 2025 /PRNewswire/ -- Hanon Systems, a leading global automotive thermal management supplier and a subsidiary of Hankook & Company Group, announced that it will participate in the AAPEX 2025 exhibition in Las Vegas, USA, from November 4 to 6, marking the company's first joint exhibition with Hankook & Company Group affiliates. AAPEX (Automotive Aftermarket Products Expo) is recognized as North America's leading automotive aftermarket exhibition and the largest industry event in the Western Hemisphere. Through this platform, Hanon Systems aims to showcase its latest advancements in thermal management solutions, reinforcing its position as a global leader in automotive innovation that supports both OEMs and the aftermarket. Participation with Hankook & Company group affiliates also serves to strengthen brand awareness and foster strategic partnerships across North and Latin American markets.Hanon Systems Vice Chairman and CEO Soo-Il Lee will attend the exhibition in person to meet with global customers and partners, discussing opportunities for future collaboration. Building on these engagements, the company plans to develop tailored solutions aligned with customer needs to expand global business partnerships.The Hanon Systems exhibition area will feature six themed zones: HVAC systems, compressors, coolant and refrigerant modules, heat exchangers, electronic & fluid pressure products, and PACE award-winning technologies.At the booth entrance, a vehicle mock-up will demonstrate the Group's comprehensive integrated solutions, incorporating Hanon Systems' 4th-generation heat pump system, Hankook Tire's iON evo formula E edition, and Hankook & Company's ES Division AGM battery.Hanon Systems' 4th-generation heat pump system, first applied to the Kia EV3, is the world's first to feature a parallel heat-source recovery structure that simultaneously utilizes ambient air and waste heat from the motor and battery. This innovation design enhances cabin comfort and battery thermal efficiency, contributing to extended driving range for electric vehicles (EVs). An advanced controller further optimizes performance by integrating hardware and software to efficiently manage the vehicle's thermal system.The booth will also showcase a range of eco-friendly EV components utilizing natural refrigerants, including Hanon Systems' R744-based electric compressor and R290-based refrigerant modules. The R744 electric compressor, supplied to the Volkswagen Group's MEB platform, achieved a major production milestone of one million units in September 2025.In the PACE Award zone, visitors can see the company's award-winning visible-light LED photocatalyst HVAC technology, designed to enhance in-vehicle air quality through advanced sterilization and deodorization. This innovative delivers 98.5% sterilization and 97.5% deodorization efficiency, while generating zero electromagnetic interference and offering semi-permanent durability compared with conventional ionizers.Vice Chairman and CEO Soo-Il Lee stated, "Although APPEX traditionally focuses on the aftermarket, it is recognized as a meeting point for innovation and collaboration across the entire mobility industry. Through this exhibition, we will highlight the technologies that shape the future of sustainable mobility and demonstrate the strength of Hankook & Company Group synergy."All visitors are invited to experience the latest technologies and integrated mobility solutions at both A30021, level 2, Venetian Expo during APPEX 2025.About Hanon Systems Hanon Systems, founded in 1986, is a global leader in thermal management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning, powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.Follow Hanon Systems: LinkedIn: https://www.linkedin.com/company/hanonsystems
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Hanon Systems Joins Hankook and Company Group to Showcase Thermal Management Technologies at AAPEX 2025

Escrow-Based Marketplace Supports Secure Transactions for International Users

SEOUL, South Korea, June 15, 2026 /PRNewswire/ -- International fans traveling to South Korea for K-pop concerts and other live performances can now use a ticket resale service designed to make transactions safer and more convenient. Ticketbay, a South Korean ticket resale marketplace, launched its global service recently and is providing escrow-based transactions and multilingual support for users around the world.

Many of Korea's major ticketing platforms rely on domestic identity verification systems, creating significant barriers for international fans seeking access to official ticket purchasing channels. As a result, overseas fans have often relied on transactions conducted through social media platforms. These transactions can expose buyers to risks such as tickets not being delivered after payment, or counterfeit or duplicate tickets that may result in denied entry at venues.

Ticketbay's global service was designed to address these concerns through a more secure transaction structure. At the core of the platform is an escrow-based payment system. Ticketbay holds the buyer's payment until the ticket has been successfully delivered and the purchase has been confirmed, releasing the funds to the seller only after the transaction is completed. This structure helps prevent common risks associated with informal social media transactions, including sellers disappearing after receiving advance payment or delivering invalid tickets.

The platform offers additional safeguards beyond escrow protection. If a performance is officially canceled, customers receive a full refund of the purchase amount. Ticketbay also offers an optional paid protection service that provides reimbursement if a customer is denied entry at the venue despite presenting a ticket purchased through the platform. For international visitors who often travel to Korea specifically to attend performances, including purchasing airline tickets and arranging accommodations, this serves as an additional layer of protection and peace of mind.

The service also offers greater payment accessibility for international users. In addition to credit cards, customers can make payments through PayPal, WeChat Pay, and Alipay, allowing them to use familiar payment methods without the need for separate currency exchange procedures. Customer support is available in English, Japanese, and Chinese, while ticket delivery options include both international shipping and local pickup in Seoul.

Within a month of launch, Ticketbay's global service recorded approximately 70,000 site visits and attracted more than 2,000 new registrations from users across 69 countries, with the largest numbers coming from Japan, China, the United States, Indonesia, and Singapore.

"As more international fans travel to Korea for K-pop concerts and live events, demand is growing for a trusted platform where fans can buy and sell tickets safely regardless of language or location," Ticketbay said. "By combining escrow-based transaction protection, multilingual support, and convenient international payment options, we aim to improve access to K-pop concerts and Korean live performances for fans around the world."

Ticketbay's global service is available at www.ticketbayglobal.com.

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Ticketbay Expands Safer Access to K-pop Concert Tickets for Global Fans