Motonic Corporation
Company Profile
Business Overview
-The company is a Korean automotive parts manufacturer that mainly produces components such as the LPI System, which injects LPG fuel into automobile engines, the OPU (Oil Pump Controller for hybrid vehicle automatic transmissions), and regulators for high-pressure storage systems in FCEVs.
-The Company was established as a manufacturer of automotive carburetors and die-casting products in 1974.
-It extended its scope of business activities by adding LPG kits, throttle bodies, EGR valves, etc. to its product lineup.
-The Company supplies its products mainly to Hyundai Motor and Kia Motors.
Shareholders
(As of Dec. 31, 2023)
Major Shareholders | Interest Ratio (%) |
Kim, Young Bong | 25.11 |
Kim, Young Mok | 13.09 |
FIDELITY PURITAN TRUST FIDELITY LOW PRICED STOCK FUND | 5.88 |
Products
FCEV
-High Pressure Regulator
-Receptacle
-Manifold
LPDI System
-LPDI High-pressure Fuel Pump
-Low-pressure Fuel Pump & Driver
LPI System
-Pump Module
-Injection Module
-Regulator
-LPI Driver
Controller
-OPU (Oil Pump Control Unit)
-FPC (Fuel Pump Controller)
CVVL (Continuously Variable Valve Lift)
VVL (Variable Valve Lift)
e-CDA/VVL
-e-CDA (electronic-Cylinder Deactivation Actuator)
-e-VVL (electronic-Variable Valve Lift)
Fuel Rail
-Aluminum Alloy
-Stainless Steel
-Plastic
-High Pressure Rail (GDI)
Oil Pump
GDI High-pressure Fuel Pump
e-EGR
Air Induction Component
-Intake Manifold
-Throttle Body
-ACV (Air Control Valve)
LPG Bi-Fuel System
-Regulator
-Cut-off Solenoid
-ECU
-Injector
Rocker Arm
Others
-Gas Filter
-Switch & Level Gauge
-WGA (Waste Gate Actuator)
-Control Unit
-Piston Clutch
-LPG Mixer System
History
Mar. 1974 | The Company was established |
Jun. 1987 | The Company established Daesung Automotive Co., Ltd. |
May 1988 | Daesung Automotive completed the construction of a new plant in Daegu. |
Aug. 1989 | The Company opened a R&D center. |
May 1992 | The Company completed the construction of a new plant in Daegu. |
Jan. 1994 | The Company was listed on the Korean Stock Market. |
Feb. 1996 | The Company acquired ISO9001 certification. |
Sep. 1998 | The Company acquired QS9000 certification. |
Mar. 2002 | The Company adopted a new corporate name, Motonic Co., Ltd. |
Oct. 2003 | The Company acquired acquired ISO/TS16949 certification. |
Sep. 2005 | The Company acquired ISO14001 certification. |
Sep. 2005 | The Company established Beijing Motonic Corporation in China. |
Dec. 2007 | Beijing plant in China started mass production. |
Jan. 2008 | The Company established Motonic India Automotive Private Ltd. in India. |
Sep. 2008 | India plant started mass production. |
Feb. 2010 | The Company acquired the "Technology 5 Star" certificate from Hyundai-Kia. |
Aug. 2010 | The Company acquired the "Quality 5 Star" certificate from Hyundai-Kia. |
Oct. 2014 | The Company absorbed Daesung Automotive Co., Ltd. |
Aug. 2015 | Began liquidation procedures for the Indian subsidiary. |
Jan. 2016 | Completed the Seongju Plant. |
Dec. 2019 | Ceased production and sales operations of the Chinese subsidiary. |
Aug. 2023 | Completed the liquidation of the Chinese subsidiary. |