The working team of BART (Bay Area Rapid Transit_Bay Area Railroad Authority), the ordering party for the AFC Gate construction project in San Francisco, USA, visited the headquarters on Monday, October 16, exchanged greetings with CEO Moon Chan-jong and employees and delivered welcoming remarks. The BART Transportation Bureau is a transportation agency in the state of California, USA, and operates various means of transportation such as subways, trams, and buses. Our company supplies 710 AFC gates to BART's 55 stations and is carrying out a business that is in line with the Transportation Bureau's operation and payment system received in March 2023.

San Francisco's illegal riding leakage is about $25 million per year, and the technology proposal is overwhelming compared to global competitors with a sliding door-type gate with a strengthened anti-riding solution and an AI camera detection system to check customer safety. I was selected as a preferred negotiation candidate based on my score.

We would like to inform you that on 10/17 (Tuesday) we had a good meeting with the BART Transportation Department's working-level staff who visited Seoul Transportation Corporation. Seoul Transportation Corporation is a local public enterprise under the Seoul Metropolitan Government, and operates subway lines 1 to 8 and lines 2 and 3 of line 9.