"Expanding the Base of Science Culture"… Science Competition Continued for 10 Years by Chairman Kim Seung-yeon's Commitment

Hanwha Group Hosts 'Hanwha Science Challenge 2021'

[Asia Economy Reporter Hwang Yoon-joo] "Intel in the United States has produced seven Nobel laureates among the talents selected through its competitions. We aim to develop this competition into the best domestic contest aspiring to be the 'Young Nobel Prize of Korea,' contributing to the expansion of scientific culture and becoming the largest and most prestigious competition in the country."

Before holding the first competition, 'Hanwha Science Challenge 2011,' Hanwha Group Chairman Kim Seung-yeon expressed his commitment to expanding the base of scientific culture for a sustainable society as part of ESG (Environmental, Social, and Governance) management.

Hanwha Group is hosting the 'Hanwha Science Challenge 2021' to nurture future scientific talents and foster creative science professionals. High school students wishing to participate can register online on the Hanwha Science Challenge website for five weeks until April 12. Including the briefing session, all preliminary and final rounds will be conducted online to thoroughly prevent and contain COVID-19 infections.

Notably, this competition, now in its 10th year, has been held since 2011 with the motto of nurturing scientific talents who challenge for the Nobel Prize, making its significance exceptional. Over the past nine competitions, the Hanwha Science Challenge has firmly established itself as a platform where youth express their scientific inquiry spirit and as a stage of dreams and hopes challenging the Nobel Prize of the future.

Each year, more than 1,000 gifted science students participate in this representative competition, with prize money totaling about 200 million KRW, including 40 million KRW for the grand prize. Additionally, finalists receive exceptional benefits such as exemption from document screening when applying for Hanwha Group employment, solidifying its status as the top science competition in Korea.

Since its inception, the competition has focused on the theme 'Saving the earth,' aiming to discover ideas related to energy (such as solar power), bio (diseases, food), climate change, and water. Judging criteria emphasize students' originality, logical reasoning, and practicality.

The Hanwha Science Challenge allows teams consisting of two high school students and one advisor teacher. There is no limit to the number of teams per school, and students from different schools can form joint teams.

Teams must submit a research plan aligned with the competition theme on the Hanwha Science Challenge website by April 12. The results of the first preliminary round will be announced on May 4. The second online preliminary round will be held on June 5 for the 100 teams that pass the first round. The second round will be conducted via online presentations, and the final 20 teams will advance to the finals. The finals will also be held online with discussions and showcase presentations, followed by an awards ceremony on August 27. The grand prize-winning team will receive 40 million KRW, two gold prize teams will receive 20 million KRW each, and two silver prize teams will receive 10 million KRW each. All 20 finalist teams will also receive document screening exemption benefits when applying for future Hanwha Group employment and internships.