• Jul. 2010.
• The corporation, The Kyuwontech Co., Ltd., was established(Kyeong-san, Keongsangbuk-do).

• Jul. 2010.
• Obtained the KTL certification for the home pellet boiler
  (Certified as the most efficient bolier out of 21 boiler suppliers).

• Aug. 2010.
• Commenced the production of high-efficiency home fuel-wood boilers.

• Aug. 2010.
• Commenced the supply of home pellet boilers.

• Aug. 2010.
• Performed the development project for Korean style wood pellet boilers jointly with the Industrial
  Technology Research Institute of the Forest Research Institute.

• 2010.
• The sales of home fuel-wood boilers reached 1,200 units(Oct. 2010.~Feb. 2011).

• Jan. 2011.
• Commenced the supply of home pellet boilers to Uleung-do.

• Jan. 2011.
• Commenced the production and supply of agricultural and industrial pellet boilers
  (100 thousand, 200 thousand and 300 thousand kcal/h)

• Apr. 2011.
• Commenced contracting pellet boiler technology export with Russian and Chinese companies.
  Registered as the heating contractor by the Public Procurement Administration

• May. 2011.
• Completed the development and commenced the production of the high efficiency pellet
  warm air circulator, and high efficiency medium-sized oil and gas boilers.
  Commenced the export of high efficiency medium-sized oil and gas boilers to Russia.

• Aug. 2011.
• R&D Center was accredited

• Sep. 2011.
• OEM supply agreement made with was the Daesung Celtics
  (Fuel wood boilers, hybrid fuel wood boilers and medium-sized oil boilers).

• Jan. 2011.
• Obtained 660,000 Farm Machinery certificate.

• Jan. 2011.
• Released far-infrared ray pellet heaters.

• Feb. 2012.
• Selected as the timber steam boiler supplier by the Korea Forest Service

• May 2012.
• Obtained the Renewable Facility Certificate issued by the Energy Management Corporation
  for Wood - pellet, the first acquisition by SMEs.

• Jun. 2012.
• Selected as the home wood pellet boiler supplier.