Korea Movenex Co., Ltd. (Formerly Korea Flange Co., Ltd.)
Company Profile
Business Overview
-The Company conducts its business in three operating segments: the Automotive Parts Division; Flange Division; and Industrial Machinery Division.
-同社事業は以下3部門から構成される。
| 事業部門 | 主要製品 |
| 自動車部品 | CVジョイント 商用車向け部品(アクスルビーム等) 乗用車向け部品(フロントアクスルASSY等) 自動車鍛造部品 |
| フランジ | - |
| 産業機械 | 船舶用エンジン部品等 |
-同社売り上げの97％を自動車部品が占める。
-Its major customers are Hyundai Motor and Kia Motors.
Shareholders
(As of Dec. 31, 2022)
| Major Shareholders | Interest Ratio (%) |
| Kim, Yun Soo | 23.49 |
| Kim, Yong Seok | 11.16 |
| Total | 34.65 |
Products
-Front/Rear Axle & Brake Complete Ass'y
-Front Axle
-Rear Axle
-Half shaft
-Inner Shaft
-Crank Shaft
-Connecting Rod
-Flange
History
| Jul. 1974 | Ulsan Iron Works Co., Ltd. was established. |
| Mar. 1976 | The Company adopted a new corporate name, Korea Flange Co., Ltd. |
| Jan. 1980 | The Company completed the construction of its Plant No. 2, a forging facility. |
| Apr. 1985 | The Company started commercial production of automotive parts. |
| Jul. 1987 | The Company went public. |
| Mar. 1988 | The Company completed the construction of its Plant No.3 to produce chassis parts for use in passenger vehicles. |
| Jan. 1997 | The Company became a member of the the Hyundai Group. |
| Dec. 1997 | The Automotive Parts Division obtained ISO9002 and QS9000 certifications. |
| Jan. 1999 | The Automotive Forged Parts Division obtained QS9000 certification. |
| May. 1999 | The Company was spun off from the Hyundai Group. |
| Sep. 2002 | The Company completed the construction of its Plant No.4, an auto parts assembly facility. |
| Sep. 2003 | The Company, NTN of Japan, and the Yulon Group of Taiwan jointly established Beijing NTN-Seohan Driveshaft Co. , Ltd. in China. |
| Feb. 2004 | The Company and BorgWarner of the U.S. jointly established Seohan Warner Turbo Systems Co., Ltd. in Korea. |
| Aug. 2004 | The Company acquired TS16949 and ISO14001 certification. |
| Mar. 2007 | Established Seohan-NTN Driveshaft USA Corporation in Alabama, as a joint venture with NTN based in Japan. |
| Apr. 2007 | The Company established Seohan Auto USA Corporation in Alabama, U.S.A. |
| Dec. 2009 | The Company, NTN of Japan, and Seohan Industries of Korea jointly established Seohan-NTN Bearing Co., Ltd. in Korea. |
| Nov. 2012 | Relocated the Seohan Technical Center to Hwaseong. |
| Jan. 2015 | Established Seohan Auto Mexico, S. De R.L. De C.V. |
| Sep. 2015 | Established Chongqing NTN-Seohan Driveshaft Co., Ltd. through an investment financed solely by Beijing NTN-Seohan Driveshaft Co., Ltd. |
| Mar. 2022 | 韓国蔚山市の第4工場を増築(年産28.7万ユニット)し、量産を開始 |
| Oct. 2022 | 米国ジョージア州にSehan Auto Georgiaを設立 |
| Oct. 2022 | 子会社Auto Metal Global Co., Ltd.がDonggangを買収。 |