Seoyon E-Hwa Co., Ltd. (Formerly Hanil E-Hwa Co., Ltd.)

Company Profile

■URL

http://www.seoyoneh.com/_eng

■Address

11F, 208, Teheran-ro, Gangnam-gu, Seoul, Korea

Business Overview

-Manufacturer of automotive interior products such as seats, door trim, headlining, etc.; as well as exterior parts and equipment such as bumpers and lamps.

-The Company provides the majority of its product to Hyundai Motor and Kia Motors.

-Percentage of sales by destination: Hyundai Motor 54.7%, Kia Motors 21.5%.

Shareholders

(As of Dec. 31, 2018)

Main Shareholders Interest Ratio (%)
Seoyon Co., Ltd. 48.70
Ryu, Yang Seok 8.36
Total 57.06

Products

Door Trim Assemblies
-Arm Rests
-Map Pockets
-Inside Handles
-Speakers

Bumpers

Console Assemblies
-Upper Covers
-Floor Consoles
-Arm Rests
-Rear Covers

Package Tray Assemblies
-Speakers
-Air Ventilations

Pillar Trim Assemblies
-Seat Belt Adjustment
-Pillar Trims

Screen Assemblies
-Sunshades

Seat Assemblies
-Seat Belt Buckles
-Cushions
-Headrests
-Back seats

History

Apr. 1972 The Company was established.
Dec. 1975 Ulsan plant was completed. 
Feb. 1987 The Company established TOP Metal Works Co., Ltd. in Incheon.
Oct. 1991 The Company entered into a technical alliance with Kasai Kogyo of Japan.
May 1994 The Company established Hanil Interiors Co., Ltd. in Iksan.
Jun. 1995 The Company obtained ISO9001 certification.
Oct. 1996 A joint venture company, Assan Hanil Otomotive San Ve Tic was established in Turkey.
Jun. 1997 The Company established JV in India : Hanil-Lear Company.
Jul. 1997 The Company established Hanil C&F in Ulsan.
Dec. 1999 The Company obtained QS9000 certification.
Jun. 2002 The Company established Jiangsu Hanil Auto Plastic Parts Co., Ltd. in China.
Dec. 2003 The Company established Beijing Hanil Automotive Trim Co., Ltd. in China.
Dec. 2003 The Company obtained ISO14001 certification.
Mar. 2004 The Company obtained ISO/TS16949 certification.
Dec. 2004 The Company established Hanil E-Hwa Slovakia s.r.o in Slovakia.
May 2005 The Company established Hanil E-Hwa Interior Systems Alabama LLC in USA.
Sep. 2005 The Company established Beijing Hanil E-Hwa Tech. Co., Ltd in China.
Oct. 2005 The Company established its second local company in Slovakia, Hanil E-Hwa Automotive Slovakia s.r.o.
Nov. 2006 The Company acquired a 100 percent ownership in Shinhan Plasto India Pvt Ltd. in India, making the Indian company its wholly owned subsidiary. (This subsidiary later adopted a new corporate name, Hanil Automotive India Pvt Ltd.)
Jan. 2007 Hanil E-Hwa Automotive Slovakia s.r.o in Slovakia absorbed Hanil E-Hwa Slovakia s.r.o.
Jan. 2007 The Company acquired lkwang Industrial Co., Ltd. of Korea, making this company its subsidiary. The subsidiary adopted a new company name, Dooyang Industrial Co., Ltd. 
Jun. 2009 The Company turned Hanyang Automotive India Private Limited into a subsidiary.
Jan. 2010 The Company established Hanil Automotive do Brazil Ltda in Brazil.
Feb. 2010 The Company established Liaoning Hanil Jinxing Automotive Seat Co., Ltd. in China.
Apr. 2010 The Company established Hanil E-Hwa Interior Systems Georgia LLC in U.S.A.
Dec. 2011 The Company acquired 50.12 percent of the shares in Shinchang Electrics Co., Ltd.
Mar. 2012 The Company established Hanil Industry Co., Ltd. in Korea.
Aug. 2012 The Company established Zhejiang Hanil Limin Automotive Co., Ltd. in China.
Jan. 2013 The Company converted Dooyang Industrial Co., Ltd. into its wholly owned subsidiary.
Oct. 2014 The Company established Hanil Automotive Mexico S. de R.L. de C.V. in Mexico.
Oct. 2015 The Company established BAIC Hanil (Cangzhou) Automotive Trim Co., Ltd. in China.
Nov. 2015 The Company established BAIC Hanil (Chongqing) Automotive Trim Co., Ltd. in China.
Jan. 2016 Changed the company name to Seoyon E-Hwa Co., Ltd.
Sep. 2017 Established Seoyon E-Hwa Automotive Anantapur Private Limited in India.
May. 2018 The Company established CHANGSHA SEOYON E-HWA Automotive Parts Co., Ltd
Jul. 2018 The Company established Shanghai Synergy Autotech Co., Ltd.
Jul. 2018 The Company established Changshu Seoyon E-Hwa Automotive parts co., Ltd.

Supplemental Information 1