Company

Green energy technology innovation company for the future

• Establishment of Nexon Star Green Energy Ecosystem

• Completed infrastructure construction throughout the hydrogen economy

• Growing into a company specializing in green energy service & IT

Green energy technology innovation company for the future Establishment of Nexon Star Green Energy Ecosystem

Today, the world faces an irreversible survival crisis due to carbon emissions from the fossil fuel era. For this reason, NEXON STAR has been continuously investing in R&D since its establishment in 2014 for a sustainable and prosperous future for mankind through technological innovation of green energy to replace carbon energy.

The fruit of NEXON STAR's green energy R&D investment is the PEM-Type (Proton Exchange Membrane, Polymer Electrolyte Membrane) water electrolysis stack composed of unit cells in the form of MEA (Membrane Electrode Assembly) in 2022 through industry-academia-research cooperation We have developed and commercialized original patents through , and our excellent performance has also been verified through the performance evaluation of continuous operation at 100% load for 110 hours through government contributions.

NEXON STAR secured the original patented technology for stack, the core device of water electrolysis facilities, so that water electrolysis facilities that are actually released have facility efficiency at the level of a global leading group, application of linked response technology optimized for load fluctuations in renewable energy, self-diagnosis and early Equipped with alarm-enabled optimization control technology, it will be released in a variety of specifications that can range from large-scale hydrogen production complexes to small-scale hydrogen supply to companies and houses.

Our hydrogen production water electrolysis facility significantly reduces electricity costs, which account for 65% of the green hydrogen production cost, and is a business that produces and supplies inexpensive green hydrogen by combining the patented technology of the 'energy independent water electrolysis system' that can operate 24 hours a day. We are building the foundation for various business portfolios such as complex charging station business, CHPS.RE100 power generation business, and government and local government led business.

In addition, we have been aware of the limitations of domestic renewable energy generation due to climate and regional limitations and have built a cooperative network in the UAE, Europe, and Asia for a long time to enter overseas markets rich in renewable energy. Nexon Star does not stop at selling hydrogen production facilities in the overseas hydrogen market, but also creates large-scale hydrogen production complexes through hydrogen production facilities in Asia, the Middle East, and Europe. We plan to expand into overseas local businesses such as hydrogen supply and complex charging station operation.

Until the day of completing the corporate mission for 'Green Energy Technology Innovation for a Sustainable and Prosperous Future of Humanity', Nexon Star will carry out continuous R&D and ICT platform-based mobility in various forms (hydrogen electric vehicles, trains, ships, drones). , We will develop stationary applications (power plants, industries, households) and complete the 'Nexon Star Green Energy Ecosystem' with carbon credit projects (CDM, VCM, VPP).

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History

NEXON STAR is creating a green energy ecosystem

2023	• MOU with Korea Gas Technology Corporation to develop domestic and overseas green hydrogen business • K-Fuel Cell, fuel cell-linked technology development and commercialization MOU • Registered as a member of the Hydrogen City Convergence Forum of the Ministry of Land, Infrastructure and Transport • Applied for 3 patents for water electrolysis stack • Cu XXXXXXXXX Stack patent application • EnXXXXXXXXX Structural stack patent application • PEM water electrolysis stack continuous operation performance evaluation for 110 hours (100% load, 77% efficiency record, Korea Institute of Industrial Technology Ulsan headquarters performance verification) • Daggaz Enerji Sanayi A.S. Distributor contract in Korea
2022	• Received the 'Enterprise Grand Prize' in the field of technological innovation for 2 consecutive years (Money Today) • Registered as a member of the Korea Industrial Technology Association • UAE Snowbell Business Agreement (MOU) • UAE Everise Construction business agreement(MOU) • Inha University Industry-University Agreement (MOU)-PEM Water Electrolysis Separator Flow Analysis and System Modeling Development • Korea Institute of Industrial Technology Ulsan Headquarters Business Agreement (MOU) - Water Electrolysis System Technology Development and Demonstration Commercialization for Green Hydrogen Production • Participated in the International Environmental Energy Industry Exhibition (ENTECH 2022) • 2022 International Hydrogen Electric Energy Exhibition (HEY2022) added • Completed 130-hour demonstration operation of N_Pilot water electrolysis facility • Application for 2 patents for energy self-sufficiency • Water harvesting system patent application • Patent application for carbon emission trading system • KGS second half hydrogen safety communicator activity exchange meeting • Hi Labs ISO 9001 Development and manufacturing of hydrogen fuel cell power generation system (KMSC) • Establishment of green energy application business and advanced development related company (HYLABS) • Established a Malaysian subsidiary (Metavers Labs) • Incorporated PDT Co., Ltd. (Samsung Electronics primary company)
2021	• Received the 'Green New Deal Innovation Award' (Money Today) • Hydrogen energy construction agreement (MOU) with UAE FAM Holding • Green Hydrogen Generator Malaysia Export Establishment Agreement (MOU) • Nexon Star research and development department certified (Korea Industrial Technology Association) • Manufacturing of Nexon Star ISO 9001 plastic injection parts (KIWA) • Patent application for blockchain-based intellectual property transaction system and method • Establishment of UAE related company (Power wave)
2014 ~ 2020	• Fuel cell development and construction business • Solar power generation and relay business • Established NEXON STAR Co., Ltd.

Business Strategy

Creation of business opportunities as the hydrogen market enters maturity Expansion of market share through technology-based businesses and expansion of domestic and international cooperation

Business strategy	Commercialization through active technology transactions and partnerships • Creation and expansion of the domestic market throughout the entire cycle of hydrogen production, storage, transportation, charging, and utilization through the establishment of SCM for technology and business with domestic related companies. • Advance into overseas markets through M&A, joint ventures, etc. with overseas local companies (UAE, Europe, Malaysia, China, etc.)
R&D strategy	Differentiation of technology level through joint R&D with government-funded research institutes and industry-academia research institutes • Securing national strategic technology through industry-academia-research cooperation in response to the government's R&D investment • Material research (electrode, separator), structural design (large area unit cell), cost reduction and efficiency improvement, etc., securing professional research personnel
Issue response	Commercialization in response to global carbon regulation policies and support policies • Carbon border tax, creation of business opportunities to support national and industrial competitiveness according to the RE100 declaration of global companies • Commercialization by various systems according to the global carbon credits business and the government's hydrogen industry-related laws

Affiliates Status

Completed establishment of R&D, production, sales, and ICT infrastructure throughout the hydrogen economy Technology and business cooperation with companies in related industries in Korea, expansion of joint ventures with local companies overseas

Hi Labs Ulsan
• Independent green energy application business
• Prior technology research and development

Metaverse Labs Malaysia
• ICT & Development of energy block chain technology convergence
• MRV, VPP Platform development and operation

POWER WAVE UAE
• Global Green Energy Business
• Overseas projects such as UAE

(주)PDT Pyeongtaek
• OLED, semiconductor automation equipment manufacturing

Roadmap

Growing into a company specializing in green energy service & IT Leading the domestic and overseas hydrogen utilization market based on original patented technology

Green energy
Patent technology development

Original patent
base Entry into domestic and overseas markets

domestic and overseas
Expansion of business share

carbon credits and
Diversification of platform business

Green energy
service &
IT specialized company

Momentum 3	Diversification of carbon credit business and platform business - Expansion of global carbon credits business - Expansion of green energy service IT business such as ICT technology-based VPP - Next-generation hydrogen production and entry into application business
Momentum 2	Domestic and overseas hydrogen utilization market share expansion장 - Leading the hydrogen utilization market such as CHPS, RE100, hydrogen city, and hydrogen charging station - Operation of overseas manufacturing plants and expansion of overseas markets - Overseas projects and expansion into the hydrogen production market
Momentum 1	Based on original patent technology, advance into domestic and overseas markets - Recognition of product excellence and market entry through government and local government-led projects - Certification and procurement registration based on the revised hydrogen law - Conducting overseas demonstration projects and entering the market