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, 2016)

Major Shareholders Interest Ratio (%)
Global Auto Trading 15.50%
Hwashin Precision Co., Ltd. 6.68%
Hee-Jin Chung 5.40%
Seo-Jin Chung 5.20%
Hye-Seon Chung 5.19%
Sae-Hwashin, Inc. 5.15%
World Auto Trading 4.25%
Total 47.37%

Products

Chassis parts
-Front cross members type H
-Front cross members type #
-Front lower arms
-Rear CTBA(Coupled torsion beam axle)
-Rear cross members
-Rear lower arms
-Rear trailing arms
-Rear assist arms
-Front upper arms
-Rear axle housing assembly
-Pedals
-Fuel tanks

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

Powertrain parts
-Engine oil pans
-Transmission oil pans
-Valve body covers
-Rocker covers
-Side covers
-Axle housings

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.

Supplemental Information 1