Sungwoo Hitech Co., Ltd.

Company Profile

■URL

http://english.swhitech.com/main/

■Address

2-9, Nonggong-gil, Gijang-gun, Busan, Korea

Business Overview

-Manufacturer of body components such as bumper rails and side members for automobiles.

-The Company supplies almost 100 percent of the bumper rails required by Hyundai Motor.

Shareholders

(As of Dec. 31, 2016)
Major shareholders Investment Ratio (%)
Lee, Myung Keun 35.67
Total 35.67

Products

Bumper beams
Door assemblies
Door frames
Body side inner panels
Member assembly fender aprons & side completes
Panel fender apron completes
Center floor panel completes
Hood panel assemblies
Rear side member completes
Rear floor panel completes
Dash panel completes
Rear package tray center panels
Front pillar inner lowers
Tail gates

History

Mar. 1977 Sung Woo Metal Industries Co., Ltd was established in Busan.
Dec. 1981 The Company was incorporated as Sungwoo Company.
Oct. 1994 The Company established an R&D center.
Aug. 1995 The Company established Asan Sung Woo Hi-Tech Co., Ltd.
Oct. 1995 The Company was listed on the Kosdaq market.
Dec. 1996 The Company obtained ISO9002 and ISO14001 certifications.
Oct. 1998 The Company established Technical Stampings Automotive Ltd. (TSAL) in India.
Dec. 1998 The Company established Sung Woo Metal Coil Center Co., Ltd.
Jul. 1999 The Company obtained QS9000 certification.
Mar. 2000 The Company adopted a new company name, Sungwoo Hightech.
Aug. 2002 The Company established Sungwoo Hitech Wuxi Ltd. in China.
Oct. 2002 The Company established Beijing Sungwoo Che Hitech Co., Ltd. in China.
Nov. 2004 The Company obtained ISO/TS16949 certification.
Aug. 2005 The Company established Sungwoo Hitech s.r.o. in the Czech Republic.
May. 2006 The Company established Sungwoo Hitech Slovakia s.r.o. in Slovakia.
Dec. 2006 The Company established Sungwoo Hitech Automobile Components (Yancheng) Co., Ltd. in China.
Jun. 2008 The Company established Sungwoo Hitech Automobile Components (Shenyang) Co., Ltd. in China.
Jul. 2008 The Company established Sungwoo Hitech Rus LLC in Russia.
Jul. 2008 The Company established GS Hot Stamping in Korea.
Dec. 2008 The Company established Sungwoo Automotive India Private Limited in India.
Jun. 2009 Technical Stampings Automotive Ltd. (TSAL) adopted a new corporate name, Sungwoo Gestamp Hitech (Chennai) Pvt. Ltd.
Oct. 2009 The Company absorbed Sungwoo Metal C/Ctr Co., Ltd.
Jan. 2010 Sungwoo Automotive India Pvt. Ltd. adopted a new corporate name, Sungwoo Gestamp Hitech (Pune) Pvt. Ltd.
Jan. 2011 The Company established Yantai Sungwoo Yifeng Automobile Components (Shenyang) Co., Ltd. in China.
Apr. 2011 The Company and Uzavtosanoat established UzSungwoo, a 50-50 joint venture in Uzbekistan.
Jun. 2012 The Company acquired Weser Metall Umformtechnik GmbH & Co. KG (WMU).
Oct. 2014 The Company established Sungwoo Hitech Mexico S.A. de C.V. in Mexico.
Apr. 2015 The Company established Cangzhou SungWoo Automobile.Parts.Co., Ltd. in China.
Jul. 2015 The Company established Chongqing Sungwoo Hitech Automobile Parts.Co., Ltd. in China.

Supplemental Information 1