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User Guide
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CONTENTS
SERVICE
About the Information Platform
ENGLISH
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Daewon Kangup Co., Ltd.

Company Profile

■URL

http://www.dwku.co.kr/

■Address

114-41, Osong 1-gil, Seonggeo-Eup, Seobuk-Gu, Cheonan-si, Chungnam, Korea

Business Overview

-The Company is a manufacturer of automotive springs and seats.

-The Company installed technology from NHK Spring, Suncall, and Murata Spring.

Shareholders

(As of Dec. 31, 2025)

Major shareholder Investment Ratio (%)
Hyundai GF Holdings Co. Ltd. 32.77
Individual shareholder 5.16
Individual shareholder 5.16
Kiswel Holdings Co.,Ltd. 5.00

 

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Products

Suspension Springs
-Coil springs
-Stabilizer springs
-Leaf springs

Precision Springs
-Engine valve springs
-Auto clutch return springs
-Curved springs
-Rebound springs
-Precision wire springs
-Flat springs
-Die springs
-Disc springs

Seat
-Automobile seats
-Light weight magnesium seats
-Artificial intelligence seats

View latest major parts supplier agreements.
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History

Sep. 1946 The Company was incorporated.
Jan. 1961 The Company changed the company name to Daewon Kangup Co., Ltd.
Sep. 1966 The Company developed car seats.
Aug. 1967 The Company established Daewon Cast Steel Co.,Ltd.
Jun. 1977 The Company went public.
May. 1979 Changwon Plant started operations.
Oct. 1983 The Company established Daewon Precision Ind. Co., Ltd.
Feb. 1985 Juan Plant started operations.
Nov. 1986 The Company established Daewon R&D Center.
May. 1992 The Company established Daewon Chong Up Corp.
Jul. 1992 The Company established Dae Kyeong Special Steel Co., Ltd. jointly with Posco.
Jun. 1994 Second plant in Changwon started operations.
Jul. 1996 Cheonan Plant started operations.
Jul. 1997 The Company established D&D Springs Poland jointly with DMP of Poland.
Dec. 1997 Seonghwang Plant started operations.
Mar. 2003 The Company established Contitech Daewon Airspring Systems Co., Ltd. jointly with ContiTech of Germany.
Jan. 2005 The Company established Seyun Steel Co., Ltd.
Mar. 2005 The Company established Beijing Daewon Asia Automobile Science & Technology Co., Ltd.
Nov. 2006 The Company established Daewon America, Inc.
Dec. 2007 The Company established Daewon India Autoparts Private Limited in India.
May 2008 The Company established Daewon Severstal Auto Elabuga in Russia.
Jan. 2009 The Company received Hyundai-Kia's Excellent Supplier Award for FY2008.
Mar. 2010 The Company received GM's Excellent Supplier Award for four consecutive years (2006-2009).
Apr. 2012 The Company established Jiangsu Daewon Asia Auto Spring Co., Ltd. in Jiangsu Province, China.
Oct. 2013 The Company established Daewon-Avtovaz Agregat Seats LLC in Russia, JV with Avtovaz.
Sep. 2014 The Company turned Daewon-Avtovaz Agregat Seats LLC in Russia into its wholly owned subsidiary.
Dec. 2014 Daewon-Avtovaz Agregat Seats LLC in Russia adopted a new company name, Daewon Spring & Seat LLC.
Dec. 2014 DaeWon Sollers LLC in Russia was liquidated.
Oct. 2015 Established Daewon Mexico S. de R.L. de C.V. in Mexico.
Mar. 2016 Relocated Changwon Plant No. 2 to Haman.
Apr. 2021 Sold 70% shares of Beijing Daewon Asia Automobile Science & Technology Co., Ltd. and Jiangsu Daewon Asia Automobile Spring Co., Ltd.
Jun. 2024 Acquired common stock shares of Daewon Precision Industrial Co., Ltd. turning it into a consolidated subsidiary.

Supplemental Information 1

>>>Business Report up until FY2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2020
>>>Business Report FY ended Dec. 31, 2021


Note: A figure in brackets ( ) indicates a loss

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WCX 2023
Car seat demonstration unit with health monitoring system
An air sensor at the bottom of the seat helps to determine the occupant's posture and positioning on the seat.
WCX 2023
Car seat demonstration unit with health monitoring system
An air sensor at the bottom of the seat helps to determine the occupant's posture and positioning on the seat.
WCX 2023
Truck seat demonstration unit with health monitoring system
In addition to sensors integrated into the seat, the truck seat includes integrated massage functionality.
CES 2023
Truck and car seat demonstration units with health monitoring systems
‐Developed in partnership with Sewon Intelligence, whom developed the health monitoring system while the Company developed the seating system.
-System uses seat-embedded radar sensors, air sensors and a camera to gauge drowsiness and fatigue by measuring pulse rate, respiration rate, sitting posture and eye blink rate
CES 2023
Truck and car seat demonstration units with health monitoring systems
‐Developed in partnership with Sewon Intelligence, whom developed the health monitoring system while the Company developed the seating system.
-System uses seat-embedded radar sensors, air sensors and a camera to gauge drowsiness and fatigue by measuring pulse rate, respiration rate, sitting posture and eye blink rate
CES 2023
Truck and car seat demonstration units with health monitoring systems
‐Developed in partnership with Sewon Intelligence, whom developed the health monitoring system while the Company developed the seating system.
-System uses seat-embedded radar sensors, air sensors and a camera to gauge drowsiness and fatigue by measuring pulse rate, respiration rate, sitting posture and eye blink rate
CES 2023
Truck and car seat demonstration units with health monitoring systems
‐Developed in partnership with Sewon Intelligence, whom developed the health monitoring system while the Company developed the seating system.
-System uses seat-embedded radar sensors, air sensors and a camera to gauge drowsiness and fatigue by measuring pulse rate, respiration rate, sitting posture and eye blink rate
CES 2023
Truck and car seat demonstration units with health monitoring systems
‐Developed in partnership with Sewon Intelligence, whom developed the health monitoring system while the Company developed the seating system.
-System uses seat-embedded radar sensors, air sensors and a camera to gauge drowsiness and fatigue by measuring pulse rate, respiration rate, sitting posture and eye blink rate

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