Sebang Global Battery Co., Ltd.
Company Profile
Business Overview
-The Company is a leader in the Korean battery industry.
-About 80.3% of the company's sales come from batteries.
Battery Market Share by Four Major Players in Korea
|
(in 100 millions of won) |
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | ||||
| Sales | Market Share (%) |
Sales | Market Share (%) |
Sales | Market Share (%) |
|
| Sebang Global Battery | 13,706 | 39.2 | 13,329 | 39.2 | 12,873 | 39.0 |
| Atlas BX | 8,300 | 23.7 | 7,860 | 23.1 | 6,899 | 20.9 |
| Clarios Delkor Corporation | 6,114 | 17.5 | 6,077 | 17.9 | 5,551 | 16.8 |
| Hyundai Sungwoo Solite | 4,030 | 11.5 | 3,733 | 11.0 | 3,758 | 11.4 |
Shareholders
(As of Dec. 31, 2023)
| Major Shareholders | Investment Ratio (%) |
| Sebang Co., Ltd | 37.95 |
| GS Yuasa International Ltd. | 16.00 |
| Others | 46.05 |
| Total | 100.00 |
Products
Automotive Battery
-AGM Series
-EFB Series
-GB Series
-TAXI WING PLUS Series
-SMF car battery
History
| Feb. 1966 | The Company established Jin hae Battery. |
| Apr. 1975 | Joint venture and technical alliance with Yuasa Corp (Japan). |
| Nov. 1975 | Changwon plant became operational. |
| Sep. 1978 | Company name changed to Sebang Battery Co., Ltd. |
| Nov. 1987 | Listed on the Korea Stock Exchange. |
| Nov. 1989 | Gwangju plant became operational. |
| May 1993 | Moved headquarters to current building in Gangnam-gu, Seoul. |
| Jul. 1993 | Changwon Plant obtained ISO 9002 certification. |
| Apr. 1994 | Gwangju Plant obtained ISO9001 certification. |
| May 1994 | Changwon Plant obtained ISO9001 certification. |
| Nov. 1994 | Gwangju plant No. 2 became operational. |
| Dec. 2003 | Gwangju plant obtained ISO/TS 16949 certification |
| Feb. 2004 | Changed its English name to Global Battery Co., Ltd. |
| Mar. 2006 | Completed a Ni-MH battery plant in Gwangju. |
| Dec. 2009 | Yearly production volume at the Gwangju Plant reached 11 million units. |
| Dec. 2013 | Certified under OHSAS 18001. |
| Dec. 2013 | Certified under Volkswagen’s Proceed Audit “A”. |
| Jun. 2015 | Established Sebang Batteries Europe GmbH in Germany. |
| Aug. 2019 | Established Sebang Battery Vina Co., Ltd in Vietnam. |
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