Sebang Global Battery Co., Ltd.

Company Profile

■URL

https://www.gbattery.com/

■Address

Sebang Build. 708-8 Yeoksam-dong, Gangnam-gu, Seoul, Korea

Business Overview

-The Company is a leader in the Korean battery industry.

-About 75% of the company's sales come from batteries. 

Battery Market Share by Four Major Players in Korea
(According to the Company report)

(in 100 millions of won)
FY ended Dec. 31, 2022 FY ended Dec. 31, 2021 FY ended Dec. 31, 2020
Sales Market
Share
(%)
Sales Market
Share
(%)
Sales Market
Share
(%)
Sebang Global Battery 13,329 39.2 12,873 42.9 11,410 38.0
Atlas BX 7,860 23.1 7,322 24.4 6,628 22.1
Clarios Delkor Corporation 6,077 17.9 5,551 18.5 5,121 17.1
Hyundai Sungwoo Solite 3,733 11.0 3,767 12.6 3,270 10.9

Shareholders

(As of Dec. 31, 2022)

Major Shareholders Investment
Ratio (%)
Sebang Co., Ltd 37.95
GS Yuasa International Ltd. 16.00
Others 46.05
Total 100.00

Products

Automotive Battery
-AGM Series
-EFB Series
-GB Series
-TAXI WING PLUS Series

History

Feb. 1966 The Company established Jin hae Battery.
Apr. 1975 Joint venture and technical alliance with Yuasa Corp (Japan).
Nov. 1975 Changwon plant became operational.
Sep. 1978 Company name changed to Sebang Battery Co., Ltd.
Nov. 1987 Listed on the Korea Stock Exchange.
Nov. 1989 Gwangju plant became operational.
May 1993 Moved headquarters to current building in Gangnam-gu, Seoul.
Jul. 1993 Changwon Plant obtained ISO 9002 certification.
Apr. 1994 Gwangju Plant obtained ISO9001 certification.
May 1994 Changwon Plant obtained ISO9001 certification.
Nov. 1994 Gwangju plant No. 2 became operational.
Dec. 2003 Gwangju plant obtained ISO/TS 16949 certification
Feb. 2004 Changed its English name to Global Battery Co., Ltd.
Mar. 2006 Completed a Ni-MH battery plant in Gwangju.
Dec. 2009 Yearly production volume at the Gwangju Plant reached 11 million units.
Dec. 2013 Certified under OHSAS 18001.
Dec. 2013 Certified under Volkswagen’s Proceed Audit “A”.
Jun. 2015 Established Sebang Batteries Europe GmbH in Germany.
Aug. 2019 Established Sebang Battery Vina Co., Ltd in Vietnam.

Supplemental Information 1