Kyung Chang Industrial Co., Ltd.
-The Company manufactures transmission parts, control cables, door latches, tanks, pedals, and levers.
-Its largest customer is Hyundai Motor Company. It has been supplying its products also to Kia Motors and GM-Daewoo (currently GM Korea) since 2000.
-The Company launched commercial production of next-generation automatic transmission components in 1998. These products are being supplied to Hyundai Motor and Hyundai Powertech.
-The Company supplies some 50 percent of cables used in Hyundai Motor's passenger vehicles, small- and medium-size buses, and trucks that are less than 3 tons. The remaining 50 percent is being provided by INFAC Corporation.
-The Company is the exclusive supplier of reservoir tanks to Hyundai Motor, Hyundai Mobis, Ssangyong Motor, and GM Korea.
(As of Dec. 31, 2016)
|Major Shareholders||Investment ratio (%)|
|Son, Il Ho||18.37|
-Select & shift gear cables
-Automatic transmission cables
-Auto cruise cables
-Window regulator cables
-Door latch cables
-Fuel filler door latch cables
-Parking brake cables
-Trunk lid cables
-Reservoir tanks (Power steering)
-Reservoir tanks (Clutch)
-Automatic transmission shift levers
-Manual transmission shift levers
-Parking brake levers
-Striker assemblies (Tail gate)
-Band assemblies (Fuel tank)
-Holder assemblies (Child seat)
|1977||The Company was established.|
|1987||The Company established Kyung Chang Precision Industrial Co., Ltd.|
|1988||The Company established KCW Corporation.|
|1993||The Company established Plant No. 2.|
|1993||The Company, Kyung Chang Precision Industrial, and KCW jointly established a technical research center.|
|1994||The Company was listed on the KOSDAQ market.|
|1996||The Company acquired ISO9002 certification.|
|1999||The Company acquired QS9000 certification.|
|2002||The Company established Kyung Chang Even Automobile Parts Co., Ltd. in Zhejiang Province, China.|
|2003||The Company set up a second plant for its transmission division.|
|2004||The Company established Plant No. 3.|
|2005||The Company acquired TS16949 certification.|
|2006||The Company acquired ISO14001 certification.|
|2010||Relocated the cable plant.|
|2013||The Company established Plant No. 4 at Hyeonpung.|
Supplemental Information 1
>>>Business Report up until FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss