Sejong Industrial Co., Ltd. Business Report FY ended Dec. 2018

Contracts

A Chinese subsidiary of Sejong Industrial Co., Ltd., Taicang Sejong Auto Parts Co., Ltd., has reached an agreement with Changan Automobile, on the supply of Korean won (KRW) 120 billion muffler products to the Chinese automaker. The products are designed for three new models whose mass production is slated to begin in 2019. Taicang Sejong Auto Parts plans to boost its annual sales to KRW 300 billion by 2021. (From some releases on May 14, 2018)

Actual Sales by Product
(FY ended Dec. 2018)

(in KRW millions)

Business Segment	Products	Sales	Percentage (%)
Automotive parts	Mufflers, catalytic convertors	1,029,184	93.60
	Stamped body parts	22	0.01
	Others	70,307	6.39
Total		1,099,513	100.00