Goesan Noji Smart Agricultural Support Center, demonstration of autonomous agricultural machinery farming work

Goesan Smart Agricultural Support Center in North Chungcheong Province (Center Director Yeon Je-hong) held an event titled ‘Agricultural Work Demonstration Using Autonomous Agricultural Machinery’ on the 8th. The event, held near the Goesan Smart Agriculture Support Center, was attended by about 40 people, including participating farmers in the Buljeong-myeon soybean smart agriculture production complex, farms in the jurisdiction, Goesan-gun, and the Chungcheongbuk-do Agricultural Research and Extension Services, and used autonomous tractors for tractor-attached waste plastic collection, tillage, and seeding. A test run was carried out. At the demonstration event, KiNong Co., Ltd., which developed and manufactured a waste plastic collection device attached to a tractor, LS Mtron, which is distributing Korea's first self-driving tractor, and Gint Co., Ltd., which developed an autonomous driving module attached to agricultural machinery, participated and provided attendees with information on the characteristics of smart agricultural machinery. The usability of high-tech agricultural machinery was verified by explaining and conducting trial runs and test drives. Meanwhile, prior to the demonstration event, the ‘Noji Smart Agricultural Production Complex private consignor performance evaluation report’ was held to evaluate the ‘23 project performance of Naver System Co., Ltd., which is in charge of consignment operation, and collect opinions from evaluation committee members. Center Director Yeon Je-hong said, “We will make continuous efforts to realize smart agriculture by incorporating cutting-edge technologies such as smart agricultural machinery to cope with various problems such as the difficult reality of rural areas and aging population.” Shin Hyeong-soo, head of the Agricultural Policy Division, said, “Smart agriculture can be a way to solve problems such as climate change, aging, and stable production facing our agriculture and enable sustainable future agriculture.” “We will review and reflect the opinions and suggestions derived through the ‘Private Agricultural Consignor Performance Evaluation Report’ and apply data from the Noji Smart Agriculture Support Center to agricultural fields so that smart agriculture can spread,” he said. The Goesan Noji Smart Agricultural Production Complex has about 50 soybean farmers participating in the areas of Tapchon-ri, Chusan-ri, and Angcheon-ri in Buljeong-myeon, and plays a leading role in scientific farming through data collection, analysis, and utilization services centered on the Noji Smart Agriculture Support Center. there is.

LS Mtron launches new compact tractors in N. America

LS Mtron Co., South Korea’s heavy machinery and electronic components manufacturer, announced Monday that it launched the New MT2·MT2E compact tractor series in North America. The series comprises the premium MT2 model and the economy MT2E model, designed to enhance operational convenience in confined spaces, making them suitable for small-scale farming and gardening. The product is tailored for various tasks with features such as an easy-to-use shuttle for effortless forward and reverse operations and dual pedals optimized for transporting soil or gravel. With the release of the New MT2·MT2E series, LS Mtron aims to expand the sales of compact tractors and self-developed agricultural equipment packages to strengthen its competitiveness in North America. “The user-friendly features of the New MT2·MT2E will act as an attractive purchasing factor for small-scale hobby farmers in North America,” said Lee Sang-min, head of LS Mtron’s Tractor Business Division. “We will strive to target the top three positions in the North American compact tractor market by enhancing local service and marketing support.”

LS Mtron to build new military track factory in North Jeolla Province

LS Mtron Co., South Korea’s heavy machinery and electronic components manufacturer, said Thursday that it will invest about 50 billion won ($37.5 million) to build a new military track factory in Wanju, North Jeolla Province, by 2026. LS Mtron signed an investment agreement with Jeonbuk Special Self-Governing Province on Wednesday. LS Mtron plans to separate its military track business from its existing factory in Jeonju, also in North Jeolla Province, to focus on enhancing productivity and respond quickly to the rising demand in the defense industry. The new plant will be located just 4 kilometers from the existing plant, allowing it to utilize existing infrastructure. Key partners are located in the same industrial complex, enhancing production efficiency. LS Mtron has been the exclusive supplier of tracks for tanks, armored vehicles, and self-propelled guns to the country’s Ministry of National Defense for 50 years since starting its military track business in 1974. “It is a crucial time to respond agilely to the continued growth of the defense industry,” said an unnamed official from the company. “We plan to strengthen our track productivity and promote the excellence of K-defense to the world.”

LS Mtron, Korea East-West Power, the Livestock Environmental Management Institute, and Sungwoo Sign an MOU for a New/Renewable Energy Convergence Project in the Agricultural and Livestock Industries for Biogas Plant Business

Future agriculture suggested by LS Mtron: Carbon Free Agriculture(CFA) ■ The objectives are to build a resource circulation economy, vitalize dispersion energy, and achieve carbon neutrality. ■ The goal is to build a mega biogas plant that produces various new/renewable energy such as electricity, biogas, green hydrogen, and natural fertilizers such as liquid fertilizer*/compost* using organic waste. ■ The CEO of LS Mtron Jae-ho Shin states, “LS Mtron will introduce a new paradigm as it shifts from the agricultural machinery business to agricultural industry-related businesses through this new project,” and adds, “We hope that Korea can secure energy in the future like the energy-independent towns in Europe through our biogas plant projects.” On December 28, the LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced that the company had signed a business partnership MOU for the ‘New/Renewable Energy Convergence Project in the Agricultural and Livestock Industries’ for a biogas plant project in partnership with Korea East-West Power, the Livestock Environmental Management Institute, and Sungwoo. This MOU signing ceremony took place at the LS Tower in Anyang on December 28 with around 30 people in attendance, including the CEO of Korea East-West Power Yeong-moon Kim, director of the Livestock Environmental Management Institute Hong-gil Moon, CEO of Sungwoo Doh-heon Lee, and CEO of LS Mtron Jae-ho Shin. The ceremony took place with the goals of building a resource circulation economy, vitalizing dispersion energy, and achieving carbon neutrality by developing and promoting a biogas plant business model based on exchange and cooperation involving the resources of the respective companies. This MOU contains details pertaining to mutual cooperation for the following goals: Developing, building, utilizing, and supplying the infrastructure for biogas plant projects, developing new/renewable energy (solar power, fuel cells, hydrogen, etc.) projects, building biogas plants, providing operational know-how, supporting plant operation, establishment of concepts, and development of policies for future new/renewable energy convergence business models, and vitalizing eco-friendly technology R&D and new/renewable energy convergence projects in rural areas. The importance of eco-friendly energy is emerging with the rapid deterioration of the global climate. Response to global climate change and acquisition of cheap energy are major roadblocks in the realization of RE100* in Korea, where energy export is a major business. At the New Year’s greetings and vision announcement ceremony at the beginning of this year, chairman of the LS Group Ja-eun Koo declared his vision of becoming a key partner in leading the Carbon Free Electricity (CFE) campaign and future industries based on ‘Vision 2030’. Chairman Koo emphasized, “The mass transition into the era of CFE will be a tremendous growth opportunity for our group to focus on the electricity and energy industries.” As a part of the LS Group’s Vision 2030, LS Mtron is aiming to build a mega biogas plant producing various new/renewable energy such as electricity, biogas, and green hydrogen, as well as natural fertilizers such as liquid fertilizer* and compost* using organic waste based on its infrastructure and experience within the agricultural industry. Biogas is an eco-friendly methane gas that comes from the decomposition of organic waste such as livestock manure and it is a combination of methane and carbondioxide. Developed countries are already utilizing biogas plants to achieve energy independence, while the number of biogas plants in the private sector in Korea is less than 10 and the ratio of eco-friendly energy produced using biogas is also lackluster. The biogas plant market using pig manure and food waste is estimated to be worth approximately 1.8 trillion won. LS Mtron is planning to establish a Special Purpose Company (SPC) for biogas production in partnership with Korea East-West Power and Sungwoo to jointly respond to the development of government policies and the biogas plant industry. The CEO of LS Mtron Jae-ho Shin stated, “LS Mtron will introducea new paradigm as it shifts from the agricultural machinery business to agricultural industry-related businesses through this new project,” and added, “We hope that Korea can secure energy in the future like the energy-independent towns in Europe through ourbiogas plant projects.” [Definition of Terms] *RE100: An acronym for renewable electricity and an international campaign with the goal of supplying 100% of the electricity used by companies through renewable energy such as wind and solar power by 2050 *Liquid fertilizer: Fertilizer in liquid form *Compost: Fertilizer created from decomposed grass, straw, or livestock feces

LS Mtron Expands Autonomous Tractor Business,Showcases ‘Field Work’ at On-site Demonstration of Hamgyang-gun Agricultural Robot Verification Aid Project

An MT7 SmarTrek autonomous tractor autonomously covering the field with PVC at the demonstration for the Hamyang-gun Agricultural Robot Verification Aid Project. ■ LS Mtron’s autonomous tractor MT7 SmarTrek recognized for technological capabilities,with five units delivered to Hamyang-gun, Gyeongsangnam-do Province ■ Similar to rotaries in rice paddies for reducing cultivation time in (onion) fields ■ Executive Director Sang-min Lee of LS Mtron Tractor Business Headquarters stated, “The autonomous tractors from LS Mtron are expected to be used not just in rice paddies but also in a variety of other field work… The field work in our country is rather lacking in terms of mechanization and LS Mtron will continue to focus on developing technology for mechanization as well as fully automated farming (level 4 autonomy).” On December 13, LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced that the company had showcased its autonomous tractor performing field work in a vegetable (onion) farming demonstration for the Hamyang-gun Agricultural Robot Aid Project following the delivery of five units of the autonomous tractor MT7 SmarTrek as the company continues to expand its autonomous farming business. The event, held at Handeul district on December 7, was attended by 50 participants from the Korea Agriculture Technology Promotion Agency and the local government of Hamyang-gun, and a demonstration was held to share progress in the Hamyang-gun Agricultural Robot Verification Aid Project. The demonstration showcased the autonomous tractor MT7 SmarTrek, delivered by LS Mtron, performing farm work such as deep plowing (plow), tilling*/trimming* (rotary), and ridging*/moulding* (ridging and moulding machine). There is a greater variety of work for field crops (onions, garlic, etc.) compared to rice paddies (rice), so it must be performed using various farming machines according to the crops being planted/harvested. LS Mtron showed that rotary work over the field (12,000 pyeong, around 39,670m2) was performed in 21 minutes, which was an approximately 30% reduction compared to 30 minutes with traditional tractors, and this performance was similar to the rotary work on rice paddies, thus showing that the autonomous tractors can be utilized conveniently and efficiently on the fields. The Agricultural Robot Verification Aid Project is a project for resolving the manpower crisis in rural areas and achieving mechanization of field work.It was assigned a total budget of 20 billion won between 2023 and 2027 by the Korea Agriculture Technology Promotion Agency to support and plan on-site demonstrations for improving agricultural robot technology and the rapid expansion in the usage of agricultural robots across various farms. The Korea Agriculture Technology Promotion Agency is currently providing aid to three regions nationwide (Dangjin, Haenam, and Hamyang) as of 2023, and LS Mtron has launched the MT7 SmarTrek, the first commercial autonomous tractor in Korea, which was recognized for its technological capabilities with the delivery of five units to Hamyang-gun. Onion transplantation has become mechanized in Hamyang to resolve the issue of a lack of agricultural manpower, and the region had a high demand for autonomous tractors. In August, the Hamyaung-gun Agricultural Robot Consultative Organization was formed, and the organization has held five agricultural robot verification aid demonstrations and purchased equipment such as autonomous tractors, automatic steering apparatuses, and pest control drones for on-site demonstrations at the farms for each step in the farming process. The organization is currently assessing the superiority of the autonomous tractors compared to the traditional tractors and deriving areas for improvement and issues. In the first half of next year, the onion harvest is expected to yield many results for the organization. Meanwhile, the MT7 SmarTrek autonomous tractor is the first commercial autonomous tractor in Korea that is being sold to public institutions, Nonghyup, and other general farmers. Thisinnovative product can autonomously drive forward/backward and connect to other agricultural machinery without much operation. It has level 3 autonomy in terms of forward movement, rotation, and machinery control, and includesan obstacle detection feature,which is the foundation and essence of level 4 autonomy. Through this product, work hours will be reduced by 17% and harvests will be increased by 8%.This in turn will improve the convenience and precision of workers while also increasing productivity, thus maximizing the advantages of autonomous farming technology. Executive Director Sang-min Lee of the LS Mtron Tractor Business Headquarters stated, “The autonomous tractors from LS Mtron are expected to be used not just in rice paddies but also inavariety of other field work… The field work in our country is rather lacking in terms of mechanization and LS Mtron will continue to focus on developing technology for mechanization as well as fully automated farming (level 4 autonomy).” [Definitions of Terms] *Tilling: Plowing the soil and crushing the lumps of soil into smaller pieces to create an even ground surface *Trimming: Soil work for building ideal soil before sowing or planting seeds *Ridging: Building ridges for planting crops or sowing seeds *Moulding: Covering the land with soil after sowing the seeds

Easy Online Reservations for Korea’s Only Autonomous Tractor Test-Driving Center from LS Mtron Now Available via KakaoTalk!

Showcase of autonomous tractor’s obstacle detection feature at the LS Mtron East Mega Center ■ Anyone can experience advanced agricultural machinery in the autonomous tractor test-driving space,East Mega Center, located in Gimcheon, Gyeongsangbuk-do ■ Anyone can easily make online reservations via KakaoTalk for tractor test-driving experiences available on Tuesdays of the second and fourth weeks of the month ■ LS MtronCEO Jae-ho Shin states, “We hope to see even more customers experience our autonomous tractors and advanced agricultural technology through the online reservation system… We will continue to provide differentiated values for our customers in the future.” On November 27, the LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced that the company has opened a reservation system for the one and only autonomous tractor test-driving center in Korea. In the beginning of this year, LS Mtron built the East Mega Center on a lot of approximately 4,000 pyeong(13,000 m2) inGimcheon, Gyeonsangbuk-do. The East Mega Center features a tractor test-driving space of approximately 900 pyeong(3,000 m2) along with a product exhibition hall, a metropolitan maintenance center, and the Gyeongbuk branch office. Anyone, including farmers, people looking to return to rural areas, and students, can now experience the autonomous tractors that operate without an operator. Generally, customers wish to try operating the tractor they are purchasing first to see if it is the right product for them, but it is difficult to testdrive tractors in reality. This is especially true for autonomous tractors featuring the latest advanced agricultural technology, as opportunities for testdriving are even more scarce. The East Mega Center is the only facility in Korea where people can view and testdrive autonomous tractors. You can also experience other flagship products of LS Mtron aside from autonomous tractors. The tractor test-driving experience will consist of the flagship models SmarTrek, XP, and MT5. Autonomous tractor MT7 SmarTrek comes equipped with the rotary, hiller*, and vinyl mulcher for the demonstration and experience of bank* setup, and even allows people to experience farm work in comparison to other traditional tractors. Through this space, customers can directly experience autonomous farming and immediately purchase the tractors afterwards. Customers can also experience making bales* utilizing the brake connected feature of the 117 HP tractor equipped with an automatic mode and cultivating (rotary) work with the latest technology in proportionally controlled leveling control, as well as the MT5 tractor that features a medium HP engine. The autonomous tractor testdriving will be available in two time slots at 10AM and 2PM on Tuesdays of the second and the fourth weeks of the month, and anyone can easily and conveniently make reservations via the ‘LS Tractor’ channel on KakaoTalk. LS Mtron is planning to expand its tractor test-driving space into the Jeonbuk and Jeonnamregions in the future. Meanwhile, autonomous tractor MT7 SmarTrekis the first commercial autonomous tractor in Korea that is being sold to public institutions, Nonghyup, and other general farmers. Autonomous tractor MT7 SmarTrek is an innovative product that can autonomously drive forward/backward and connect to other agricultural machinery with minimal operation. This product is at level 3 autonomy in terms of forward movement, rotation, and machinery control, and already features the obstacle detection feature that serves as the foundation required to achieve level 4 autonomy. This product allows work hours tobe reduced by 17% and harvest tobe increased by 8%, improving convenience and precision for workers while also increasing productivity to maximize the advantages of autonomous farming technology. LS MtronCEO Jae-ho Shin stated, “We hope to see even more customers experience our autonomous tractors and advanced agricultural technology through the online reservation system,” and added, “We will think about what our customers need from their perspective and continue to provide differentiated values for our customers in the future.” [Definition of Terms] * Hiller: A farming tool that automatically plows furrows to plant crops * Bank: A location built by piling soil from plowing a rice paddy or a field along the ridges * Bale: Compression of dry grass, weeds, dry straw, etc.

LS Mtron Signs MOU and Technical Alliance Agreement for Global Business Expansion with CNH Industrial

Executives of LS Mtron clapping in celebration after signing the global partnership MOU with CNH Industrial (LS Mtron CEO Jae-ho Shin is standing at the center) Executives of LS Mtron clapping in celebration after signing the technical alliance agreement with CNH Industrial (Executive Director Sang-min Lee of the LS Mtron Tractor Business HQ is standing at the center) ■ Plan to jointly develop and launch competitive compact products desired by customers in global market at opportune times ■ LS Mtron has been the OEM supplier for compact tractors below 60HP for CNH Industrial since 2009, and total sales as of 2023 are projected to exceed 1.4 trillion won (approx. 100,000 units) ■ LS Mtron CEO Jae-ho Shin: “This is a meaningful contract that transitions the two companies towards a global partnership surpassing the OEM partnership LS Mtron had with the world’s second largest agricultural machinery manufacturer CNH Industrial…LS Mtron will continue to expand the current agricultural machinery business to evolve into an infrastructure enterprise specializing in agriculture, and this contract will be the first step in that journey.” LS Mtron (CEO Jae-ho Shin),LS Group’s industrial machinery and advanced parts manufacturer, announced on November 7 that the company has signed a global partnership MOU and technical alliance agreement with the world’s second largest agricultural machinery manufacturer, CNH Industrial, to further expand their longstanding partnership. The agreements signed between the two companies stemmed from the decision to fundamentally resolve matters involving risks in the global distribution network and market needs, which were verified through the COVID-19 pandemic. The two companies are planning to actively utilize their respective technological capabilities and infrastructure to jointly develop competitive compact products desired by customers and launch them in the global market at opportune times, and LS Mtron has further cemented its vision to grow into the top brand in the global market by reinforcing its partnership with CNH Industrial until 2035. LS Mtron has been the OEM supplier of compact tractors below 60HP for CNH Industrial since 2009, after starting out in Australia and Southeast Asia.it is currently supplying products to the markets in developed countries, including in North America and Europe,and total sales are projected to exceed 1.4 trillion won (approx. 100,000 units) as of 2023. Through these agreements, the partnership between the two companies will expand further and LS Mtronwill continue to grow into a world class manufacturer in the quickly-changing global market by applying the global infrastructure and future technology of CNH Industrial. In addition, the two companies agreed to cooperate in developing various compact tractor products required by CNH Industrial, and to utilize the distribution networks of the two companies to further increase their market share in the global market. CNH Industrial is a global manufacturing business in the agriculture and construction industries based in the UK, and achieved annual sales of USD 18 billion (2022) in the agricultural machinery sector. Recently, CNH Industrial has acquired shares in Raven Industries based in North America, which manufactures key products related to precision agriculture, and Monarch Tractor based in North America, which manufactures the industry-leading autonomous electric tractors, as the company transforms into an enterprise that leads the future of agriculture technology. LS Mtron CEO Jae-ho Shin revealed, “This is a meaningful contract that transitions the two companies towards a global partnership surpassing the OEM partnership LS Mtron had with the world’s second largest agricultural machinery manufacturer, CNH Industrial.” Headded, “LS Mtron will continue to expand the current agricultural machinery business to evolve into an infrastructure enterprise specializing in agriculture, and this contract will be the first step in the journey.”

LSMtron Demonstrates Autonomous Tractor MT7 SmarTrek, the First Commercialized Model in Korea Equipped with an Obstacle Detection Function for Unmanned Autonomous Operation, at the 2023 Iksan Agricultural Machinery Exhibition

LS Mtron’s MT7 SmarTrek autonomous tractor on exhibition at the 2023 Iksan Agricultural Machinery Exhibition The GoldStar Tractor 300, the first model launched through affiliation with an advanced company in the 1970s ■ Leading Korea’s cutting-edge agricultural machinery industry by releasing the MT7 SmarTrek, the first autonomous tractor commercialized in Korea ■ Demonstrating heritage by restoring and exhibiting the GoldStar Tractor 300, the first model released through affiliation with an advanced company in the 1970s ■ “LS Mtron’s autonomous tractorwas the first tractor to be commercialized in Korea with an obstacle detection function, which is the core, basic element for realizing autonomous operation level4: unmanned operation,” said Director Sang-min Lee of LSMtron’s Tractor Business Division. “We will lead Korea’s cutting-edge agricultural machinery market, and also accelerate entry to the global agricultural machinery market.” LS Mtron (CEO: Chai-ho Shin), a company under the LS Group that specializes in industrial machinery and cutting-edge components, announced on the 31st its participation in the 2023 Iksan Agricultural Machinery Exhibition held at the Agricultural and Fishery Products Market in Iksan-si, Jeollabuk-do from October 31st to November 3rd. The 2023 Iksan Agricultural Machinery Exhibition was organized with the goalsof activatingthe domestic agricultural machinery and equipment industry and creatinga basis for overseas export. Atthe exhibition venue (approx. 18,000m2) comprising three sections, around 200 companies displayed over 400 pieces of rice farming machinery, field farming machinery, fruit farming machinery, and horticultural, livestock and processing machinery, as well as other related components. In particular, with a focus placed on cutting-edge agricultural equipment, such as autonomous agricultural machinery, smart ICT (information and communication technology) equipment, and agricultural robots, the exhibition showed the development history and status of Korea’s agricultural machinery and equipment industry. At the exhibition, LS Mtronexhibited the MT7 SmarTrek, the firstautonomous tractor commercialized in Korea and sold to public organizations, the National Agricultural Cooperative Federation, and general farmers. LS Mtron’s MT7 SmarTrek autonomous tractor is an innovative product that autonomously carries out forward, backward, and turning movements and links to work machines. With these functions, this product reduces work time by 17% and increases yield by 8%. As such, it maximizes the strengths of autonomous operation technology to improve workers’ convenience, operation precision and productivity The MT7 SmarTrek is currentlyat level 3. This means that it is capable of autonomous forward and backward movement and work machine control. Acore and basic element for realizing unmanned operation,which is considered level 4 of autonomous operation, is an obstacle detection function, which has already been applied to the product and is being used at agricultural sites. The industry evaluates that Mtronwith this product, LS Mtronhas taken a gigantic step towards the era of autonomous farming by tractors and demonstrated agricultural technologies of the present and future. In addition, LS Mtron drew the visitors’ attention by restoring and exhibiting the GoldStar Tractor 300, which was the first model launched through affiliation with an advanced company in the 1970s and won great popularity in the domestic and overseas markets. Showing off the heritage of LS Tractor, LS Mtron held aGoldStar 300 photo zone event. LS Mtron also unveiled the MT2, a premium compact tractor for rural migrants. The MT2, with its compact and comfortable design and elaborate technology, supports aspiring farmers to perform operations efficiently and conveniently. This product is optimized forjobs in confined spaces, such as orchards. Also, the dual-pedal system enables even beginners to conveniently control the forward and backward movements of the machine. With itsimported eco-friendly tier 4 25-horsepower engine, the MT2 demonstratespowerful strength and performance. “LS Mtron’s autonomous tractorwas the first tractor to be commercialized in Korea comes with an obstacle detection function, which is the core, basic element for realizing autonomous operation stage 4: unmanned operation,” said Director Sang-Min Lee of LSMtron’s Tractor Business Division. “We will lead Korea’s cutting-edge agricultural machinery market, and also accelerate entry to the global agricultural machinery market.”

LSMtron Officially Begins Development and Operation of Custom Autonomous Tractors for the Horse Industry in Partnership with the Korea Racing Authority

Training for operating LS Mtronautonomous tractors at the Korea Racing Authority Jeju Farm ■ Autonomous tractors from LS Mtron showcase stable operation at the Korea RacingAuthority Jeju Farm ■ Expanded use of autonomous tractors at Jeju Racetrack under review following positive results from operating at the Jeju Farm ■ LS Mtron Tractor Business HQ Director Sang-min Lee states, “LS Mtron’sautonomous tractors are being utilized effectively at agricultural sites nationwide.” He adds, “We are currently developing additional autonomous tractors specialized for the horse industry in partnership with the Korea Racing Authority while also doing our due diligence for autonomous tractors to be utilized in various industries. We will lead Korea’s advanced agricultural machinery industry through these efforts.” LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced that the company has begun operating an autonomous tractor customized for the horse industry named ‘SmarTrek’ in partnership with the Korea Racing Authority on October 26. In August, LS Mtron and the Korea Racing Authority signed a mutual partnership MOU for the advancement of autonomous tractor technology and joint development of autonomous tractor technology optimized for the horse industry. Since September, LS Mtron and the Korea Racing Authority have been sharing information and opinions related to autonomous tractors, and have established a taskforce for mutual exchange to carry out regular discussions on the development of autonomous tractors optimized for horse industry worksites. The two companies are aiming to perform autonomous pasture management without an operator by operating autonomous tractors across large grazing pastures. More specifically, this would require automated speed control by sector, one-touch automated path creation, obstacle recognition and evasive operation, and automated tractor control. They are also planning for the tractors to be used ionracetracks. Features for racetracks, including multi-variable track creation, tractor soft landing, path-following algorithms, tractor speed improvement, and enhanced accuracy when driving near fences, will all be developed by the end of next year. For this, two of LS Mtron’sSmarTrekautonomous tractors were delivered to the Korea Racing Authority Jeju Farm for operation. LS Mtron’sSmarTrekautonomous tractors showcased stable driving in both the pastures and racetracks, accelerating the planned schedule. As a result, autonomous tractor operation training for on-site workers was conducted at the Korea Racing Authority Jeju Farm on October 19. The workers directly established the driving path and configured autonomous driving while also experiencing unmanned operation using remote control devices. On the following day, October 20, a review for the expanded use of autonomous tractors at the Jeju Racetrack was conducted. Compared to pastures, racetracks are flat and have clear boundaries due to being lined with fences, so the application of autonomous driving technology to racetrack management is expected to be easier. Meanwhile, LS Mtron’sSmarTrekautonomous tractors have already been being supplied to public institutions since 2020, and it became the first autonomous tractor to be commercialized in Korea when it went on sale to ordinary farmers in 2023. The industry has praised LS Mtron’sSmarTrekautonomous tractor as a giant leap forward into the era of autonomous farming by tractors. LS Mtron’sSmarTrekautonomous tractor is an innovative product that can autonomously perform forward/reverse movement, rotation, and equipment connection without separate operation. Through this, it has maximized the strengths of autonomous driving technology, such as improved worker convenience and precision and enhanced productivity, to reduce work time by 17% and increase harvest volume by 8%. LS Mtron Team Leader Jong-min Choi (doctor of agriculture) revealed, “The current autonomous tractors of LS Mtron are at level 3, capable of forward movement, rotation movement, and automated control.” He added, “We have also applied an essential obstacle detection feature, which is fundamental for achieving level 4 autonomy, and this feature is being utilized in agricultural sites.” LS Mtron Tractor Business HQ Director Sang-min Lee stated, “LS Mtron’sautonomous tractors are being utilized effectively at agricultural sites nationwide.” Headded, “We are currently developing additional autonomous tractors specialized for the horse industry in partnership with the Korea Racing Authority while also doing our due diligence for autonomous tractors to be utilized in various industries. We will lead Korea’sadvanced agricultural machinery industry through these efforts.”

LS Mtron Unveils New Compact Tractor MT2 for People Returning to Rural Areas at ‘A Farm Show,’ Korea’s LargestExhibition for Aspiring and Returning Farmers

Premium compact tractor MT2 people returning to rural areas and autonomous tractor MT7 ■ LS Mtron establishes itself as leading enterprise in smart agriculture with unveiling of premium compact tractor MT2 for people returning to rural areas ■ Advanced technological capabilities unveiled through autonomous tractor MT7, designated as only innovative product in Korea ■ LS Mtron Tractor Business HQ Director Sang-min Lee: “The premium compact tractor MT2 for people returning to rural areas and the autonomous tractor MT7 are products that we have launched to help improve productivity and convenience for farmers. We will spread the innovative agricultural technology of LS Mtron through ‘A Farm Show’ and continue our brainstorming and efforts to improve productivity atagricultural sites.” LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced on September 1 that the company will be participating in ‘2023 A Farm Show ? Exhibition for Hometown Farmers and Returning Farmers’ held at the aT Center in Seocho-gu, Seoul,from September 1- 3. ‘2023 A Farm Show ? Exhibition for Hometown Farmers and Returning Farmers’ is celebrating its 10th anniversary this year.It is the largest exhibition in Korea for both aspiring farmers and returning farmers, andprovides various information for people who are preparing to return to rural areas or their hometowns in search of new opportunities in the countryside. The exhibition will feature over 280 booths at Exhibition Halls 1 and 2 of the aT Center, and visitors will be able to see the innovative trends leading the agricultural industry of Korea. LS Mtron will unveil its premium compact tractor MT2 for returning farmers at this exhibition. The MT2 features a compact yet comfortable design and precise technology to help aspiring farmers work efficiently and conveniently. This product is optimized for working in narrow spaces such as orchards, and with features such as a dual pedal that allows the operator to easily move the vehicle forward and backward, even novicescan operate it with ease. The tractor is equipped with an imported, eco-friendly tier 4 engine (25HP), which offers both incredible force and great performance. In addition, LS Mtron will unveil its autonomous tractor, which is the only product in Korea to be designated an innovative product. The MT7 features alevel 2.5 autonomy model, which makes it an innovative product that can autonomously move forward/backward, rotate, and link to operating machinery without the operator having to do anything. With this machine, work hours can be reduced by 17% while harvestscan be increased by 8%, andas this product has maximized the strengths of autonomous work technology, it improves convenience and precision for workers in addition to productivity. LS Mtron Tractor Business HQ Director Sang-min Lee stated, “The premium compact tractor MT2 for people returning to rural areas and the autonomous tractor MT7 are products that we have launched to help improve productivity and convenience for farmers.” Headded, “We will spread the innovative agricultural technology of LS Mtron through ‘A Farm Show’ and continue our brainstorming and efforts to improve productivity atagricultural sites.”