Hwashin Co., Ltd.

Company Profile

■URL

http://www.hwashin.co.kr/eng/main.do

■Address

412 Eonha-dong, Yeongcheon-si, Gyeongsangbuk-do, Korea

Business Overview

-The Company manufactures automotive chassis parts, body parts, and powertrain products.

-Its major customers are the Hyundai Motor Group, including affiliates of Hyundai Motor and Kia Motors.

Shareholders

(As of Dec. 31, 2022)

Major Shareholders	Interest Ratio (%)
Global Auto Trading	16.43%
Hwashin Precision Co., Ltd.	5.75%
Hee-Jin Chung	5.40%
Seo-Jin Chung	5.20%
Hye-Seon Chung	5.19%

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Products

Chassis
-Front cross members type #
-Front cross members type H
-Rear cross members type #
-Rear cross members type H
-Front lower arms
-Rear CTBA
-Rear lower arms
-Rear trailing arms
-Rear assist arms
-Front upper arms
-Rear axle housing assembly
-Pedals
-Fuel tanks

Body
-Side outer reinforcements
-Fender aprons&members
-Center floors
-Rear floors
-Cowl completes
-Cowl cross bars
-Bumper rails
-Sun roof reinforcements

Components for environmentally friendly vehicles and EVs
-Al Front Cross Member (Subframe)
-Al Front lateral arms
-Al rear lower arms
-BatteryPack Cases
-Digital Clusters
-Electric Water Pump
-Motor Control Unit
-DC/DC Converter
-Body Control Unit

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History

Oct. 1969	Established Hwashin Industries.
Jul. 1975	Established Hwa Shin Manufacturing Co., Ltd.
Aug. 1987	Established an R&D center.
Jun. 1990	Completed construction of its new plant in Eonha, Yeongcheon City.
Jan. 1993	Completed construction of its new plant in Bong-Dong, Yeongcheon City. It moved its headquarters functions to this new facility.
Jan. 1994	Listed on the Korea Stock Exchange.
Mar. 1995	Adopted a new corporate name, Hwashin Co., Ltd.
Nov. 1995	Acquired ISO9002 certification.
Dec. 2000	Acquired QS9000 certification.
Jan. 2002	Established Hwashin Automotive India Private Ltd.
Nov. 2002	Established Beijing Hwashin Automobile Parts Co.,Ltd.
Feb. 2003	Established Hwashin America Corporation in USA.
Dec. 2004	Acquired ISO/TS16949, ISO14001 certification.
Mar. 2005	Received Q1 Award from Ford India.
Mar. 2010	Established Hwashin Fabricante de Pecas Automotivas Brasil Ltda in Brazil.
Jun. 2015	Established Hwashin BHAP (Cangzhou) Automotive Parts Co., Ltd. in China.
Nov. 2015	Established Hwashin BHAP (Chongqing) Automotive Parts Co., Ltd. in China.
Jan. 2017	Received Excellent Supplier Award from the Hyundai Motor Group.
Jan. 2018	Acquired and merged the operations of Sae Hwashin Co., Ltd.
Jan. 2021	Established Thanh Cong Hwashin Ltd. Liab. Company in Vietnam