Shared Growth

Creating a Trading Environment
for Fair Partnerships

Hyundai AutoEver is doing its best to maintain a fair partnership based on confidence and trust, and to avoid any disadvantages in trading.
We are realising our goal for shared growth by complying with the Subcontracting Act and the four guidelines of the Fair Trade Commission.

Action agenda of Signing a Desirable
Contract for a Win-win Partnership
between Large Companies
and Small and Medium-sized
Enterprises

We ensure that the interests of our partners are properly reflected in contract between Hyundai AutoEver and partners. We establish reasonable and fair trade practices by setting clear guidelines to be followed in order to prevent incidents that undermine the principle of freedom of contract by abusing our company’s superior bargaining power.

Desirable contract guidelines

Establishment of infrastructure for signing a contract

Signing a contract that guarantees the right to self-determination

Faithful contract execution in accordance with the contract and management laws

Compliance with payment adjustment consultation guidelines

Partner Selection and
Operation Practices

We contribute to a fair subcontracting transaction order by enhancing transparency
and fairness in the selection and operation of our partners.

Partner selection and operation guidelines

New registration of partners

Modification and registration of changes made by the partners

Suspension of trading with partners

Establishment and Operation
Practices of Internal Deliberation
Committee for Subcontracting

We contribute to a fair subcontract transaction order by self-deliberating on the fairness and legality of our company’s subcontract transactions, exceeded a certain size in advance.

Guidelines for establishment and operation of the Internal Deliberation Committee

Composition of the Internal Deliberation Committee

Deliberation agenda by the Internal Deliberation Committee

Operation of the Internal Deliberation Committee

Practices for Desirable Document
Issuance and Preservation
in Subcontracting

Our company contributes to a fair subcontracting order by spreading a desirable document culture in the subcontracting process and establishing it substantially.

Desirable document issuance and preservation guidelines

Issuance of various documents during subcontracting

Preservation of the documents

Introduction of standard subcontracts

Hyundai AutoEver is taking the lead in establishing a fair contract culture between large companies
and small and medium-sized enterprises in the industry by introducing the standard subcontract contract
for the SW industry recommended by the Fair Trade Commission and applying the standard subcontract agreement to all purchase agreement.