DY Corporation
(Formerly Dongyang Mechatronics Corp.)

Company Profile

■URL

https://www.dy.co.kr/

■Address

36, Namdongseo-ro, 362beon-gil, Namdong-gu, Incheon, Korea

Business Overview

-In December 2014, as the result of a corporate reorganization, the original company (Dongyang Mechatronics Corp.) changed its business structure to a holding company, adopting DY Corporation as its new name and establishing DY Auto Corporation and DY Power Corporation.

-The Company engages in three business segments: automotive parts, hydraulic equipment, and industrial machinery. The following outlines some of the details.

Company name	Business Segment	Products/Services
DY Corporation	Holding company	Serves as holding company and provides consulting services
DY Innocate	Industrial equipment	Manufacture of concrete pump trucks, cranes, golf carts
DY Innocate	Industrial equipment	Manufacture of general machinery, construction equipment, specialized vehicles
DY Auto Corporation	Automotive parts	Manufacture and sale of electrical parts, including wiper blades, cooling fan motors, and sunroof motors
DY Power Corporation	Hydraulic equipment	Manufacture and sale of hydraulic equipment

Shareholders

(As of Dec. 31, 2023)

Major Shareholders	Investment Ratio (%)
Cho, Byung-Ho	36.90

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Products

Wiper System
-Front Wiper System
-Front Wiper Arm & Blade
-Rear Wiper Arm & Blade
-Front Wiper Motor
-Rear Wiper Motor
-Rear Wiper System
-Washer System

Cooling Fan Motor
-Brush Motor
-Brushless Motor
-Fan Motor Shroud Assembly

Electric Power Steering Motor
-EPS Brush Motor
-EPS Brushless Motor

Sun Roof Motor
-NTM-01 Motor

Steering Column Motor
-Column Motor (Tilt type)
-Column Motor (PARALLEL type)

Power Window Motor
-NTA-05 Standard Motor
-NTA-05 Anti-pinch Motor

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History

Oct. 1978	Dongyang Hydraulics Co., Ltd. was established.
Sep. 1986	The Company opened Incheon plant.
Aug. 1988	The Company adopted a new company name, Dongyang Mechatronics Corporation.
May 1989	The Company was listed on the Korea Stock Exchange.
Mar. 1991	The Company moved its headquarters from Changwon to Incheon.
Mar. 1995	The Company established Dongyang Inalfa (currently Inalfa Korea) jointly with Inalfa of the Netherlands.
Aug. 1996	The Company acquired ISO9001 certification.
Nov. 1997	The Company acquired QS9000 certification.
Jul. 2001	The Company started supplying rear wiper motors to Volkswagen.
Sep. 2001	The Company established Dongyang Mechatronics Yantai Co., Ltd. in Shandong Province, China.
Dec. 2001	The Company acquired ISO14001 certification.
Jul. 2002	The Company established Dongyang America Inc. in Michigan, USA.
Nov. 2002	The Company became a supplier of front window wiper systems to General Motors.
Jun. 2003	The Company was honored by General Motors as a 2002 Supplier of The Year.
Oct. 2003	The Company established Yantai Dongyang Mechatronics A.P. Co., Ltd. in China.
Dec. 2003	The Company acquired ISO/TS16949 certification.
Mar. 2004	The Company started supplying front wiper system to DaimlerChrysler.
Apr. 2004	The Company was honored by General Motors as a 2003 Supplier of the Year.
Dec. 2004	The Company was transferred the shares it held in Dongyang Inalfa to Inalfa of the Netherlands.
Feb. 2005	The Company started supplying front wiper systems to Opel and Saab.
Jul. 2005	The Company started supplying window lift motors to Ford.
Sep. 2005	The Company established Dongyang Mechatronics Japan Co., Ltd. in Japan.
Oct. 2005	The Company opened a business office in Germany.
Feb. 2006	Dongyang Mechatronics Yantai Co., Ltd. set up an office in Shanghai, China.
Jul. 2007	The Company established Dongyang Mechatronics India Pvt in India.
Nov. 2007	Dongyang America Inc. established a branch office in Seattle, Washington, U.S.A.
Dec. 2007	Dongyang Mechatronics Yantai Co., Ltd. integrated Yantai Dongyang Mechatronics A.P. Co., Ltd., consolidating the Group's Chinese business.
Feb. 2009	Dongyang Mechatronics Yantai Co., Ltd. set up an office in Beijing, China.
Oct. 2010	The Company established Dongyang Mechatronics Jiangyin Co., Ltd. in Jiangsu Province, China.
Nov. 2010	Dongyang Mechatronics Yantai Co., Ltd. adopted a new corporate name, Dongyang Mechatronics China Co., Ltd.
May 2011	The Company turned HST Co., Ltd., a Korea-based wiper manufacturer, into its subsidiary.
Sep. 2014	The Company established Dong Yang Power India Pvt. in India.
Dec. 2014	The Company adopted a holding-company structure through company split and changed its corporate name to DY Corporation.
Dec. 2014	Renamed its US corporation Dongyang America Inc. to DY America Inc.
Dec. 2014	Renamed its Japanese corporation Dongyang Mechatronics Japan Co., Ltd. to DY Japan Co., Ltd.
Dec. 2014	Renamed its Indian corporation Dong Yang Power India Pvt. To DY Power India Pvt.
Feb. 2015	DY Auto Corporation established DY Auto Mexico, S.A. DE C.V.
Apr. 2015	DY Auto Corporation established Nanuri Co., Ltd. in Korea.
Jun. 2015	DY Auto Corporation established Dongyang Mechatronics Yancheng Co., Ltd. in China.
Apr. 2019	DY Auto Corporation acquired 43.7 percent of the shares in DY ESSYS.
Apr. 2023	DY Auto Corporation established Electric Drives Corporation in Korea.