Pyung Hwa Industrial Co., Ltd.
Company Profile
Business Overview
-The Company engages in manufacturing automotive anti-vibration products and hoses.
Shareholders
(As of Dec. 31, 2022)
| Major Shareholders | Interest Ratio (%) |
| Pyung Hwa Holdings | 47.65 |
| Kim Jong-Seok | 6.86 |
Products
Anti-Vibration System
-Power Train Mount
-Suspension & Chasis
-Advanced Products
-Engine System
-Engine+Belt System
Hose System
-Fuel System
-Braking/Steering System
-Air System
-Cooling System
History
| Oct. 1950 | Pyung Hwa Rubber Company was established. |
| Aug. 1975 | The Company adopted a new company name, Pyung Hwa Industrial Co., Ltd. |
| Oct. 1976 | The Company formed a technical alliance with NOK of Japan in the area of oil seals and oil rings. |
| Feb. 1977 | The Company established Pyung Hwa Oil Seal Industry Co., Ltd. |
| Sep. 1985 | The Company established Pyung Hwa Ki Gong Co., Ltd. |
| Mar. 1986 | The Company was listed on the Korea Stock Exchange. |
| May 1987 | The Company opened an R&D center. |
| Dec. 1987 | The Company established Pyung Hwa Automotive Parts Co., Ltd. |
| Jul. 1993 | The Company established Pyung Hwa C.M.B. Co., Ltd. |
| Nov. 1998 | The Company and Vibracoustic formed a technical alliance, under which the Company will license-in technologies to design, develop, and manufacture anti-vibration systems from the German manufacturer. |
| Dec. 1998 | NOK of Japan and Freudenberg & Co. of Germany injected capital in the Company. |
| Apr. 2001 | The Company established Seo-il. |
| Jul. 2002 | The Company acquired ISO14001 certification |
| Jul. 2002 | The Company and NOK of Japan signed a technical contract, under which the Company will introduce technology on TVD from the Japanese manufacturer. |
| Sep. 2002 | The Company acquired ISO/TS16949 certification |
| Feb. 2003 | The Company established Tianjin Pyung Hwa Auto Parts Co., Ltd. |
| Apr. 2003 | The Company established Tianjin Pyung Hwa Kigong Co., Ltd. in China. |
| Oct. 2004 | The Company established Pyung Hwa ENG Co., Ltd. through a spin-off project at Pyung Hwa Ki Gong Co., Ltd. |
| Sep. 2005 | The Company established Tianjin Pyung Hwa Elastech Co., Ltd. in China. |
| Oct. 2005 | The Company established Tianjin Kunyang metal Co., Ltd. in China. |
| Feb. 2006 | The Company established Pyung-Hwa India Private Ltd. in India. |
| May 2006 | The Company reorganized its business structure and established Pyung Hwa Holdings Co., Ltd. |
| May 2008 | The Company spun off its anti vibration product division and established Pyung Hwa Anti-Vibration System Co., Ltd. (PAVCO). |
| Dec. 2008 | The Company established Pyung-Hwa America Inc. in U.S.A. |
| May 2014 | Absorbed Pyung Hwa Anti-Vibration System Co., Ltd. (PAVCO). |