Kyung Chang Industrial Co., Ltd.

Company Profile

■URL

http://www.kc.co.kr/eng/main/main.htm

■Address

6, Seongseo-ro 35-gil, Dalseo-gu, Daegu, Korea

Business Overview

-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.

Market Share

-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.

Shareholders

(As of Dec. 31, 2016)

Major Shareholders Investment ratio (%)
Son, Il Ho 18.37
Total 18.37

Products

Transmission parts
-Clutch hubs
-Clutch drums
-Clutch couplings

Control cables
-Accelerator cables
-Clutch cables
-Adjuster cables
-Select & shift gear cables
-Automatic transmission cables
-Hood cables
-Auto cruise cables
-Window regulator cables
-Door latch cables
-Seat cables
-Fuel filler door latch cables
-Parking brake cables
-Trunk lid cables

Tanks
-Reservoir tanks (Power steering)
-Reservoir tanks (Clutch)

Pedals
-Clutch pedals
-Accelerator pedals
-Brake pedals

Lever
-Automatic transmission shift levers
-Manual transmission shift levers
-Parking brake levers

Others
-Striker assemblies (Tail gate)
-Band assemblies (Fuel tank)
-Holder assemblies (Child seat)

History

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