Seoyon E-Hwa Co., Ltd. (Formerly Hanil E-Hwa Co., Ltd.)

Company Profile

■URL

https://seoyoneh.cafe24.com/eng/

■Address

41-22, Burim-ro 170beon-gil, Dongan-gu, Anyang-si, Gyeonggi-do, Korea

Business Overview

-Manufacturer of automotive interior products such as seats, door trim, headlining, etc.; as well as exterior parts and equipment such as bumpers and lamps.

-The Company provides the majority of its product to Hyundai Motor and Kia Motors.

-Percentage of sales by destination as of December 31, 2023: Hyundai Motor accounted for 53%, while Kia Motors comprised 34%.

Shareholders

(As of Dec. 31, 2023)

Main Shareholders	Interest Ratio (%)
Seoyon Co., Ltd.	48.70

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Products

Door Trim Assemblies
-Arm Rests
-Map Pockets
-Inside Handles
-Speaker Grilles

Bumpers
-Front/Rear Bumper Covers
-Radiator Grilles

Console Assemblies
-Upper Covers
-Floor Consoles
-Arm Rests
-Rear Covers

Package Tray Assemblies
-Speaker Grilles
-Package Trim Boards
-Child Anchor Covers

Pillar Trim Assemblies

Seat Assemblies
-Seat Belt Buckles
-Cushions
-Headrests
-Back seats

Screen Assemblies
-Sunshades
-Housing

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History

Apr. 1972	The Company was established.
Dec. 1975	Ulsan plant was completed.
Feb. 1987	The Company established TOP Metal Works Co., Ltd. in Incheon.
Oct. 1991	The Company entered into a technical alliance with Kasai Kogyo of Japan.
May 1994	The Company established Hanil Interiors Co., Ltd. in Iksan.
Jun. 1995	The Company obtained ISO9001 certification.
Oct. 1996	A joint venture company, Assan Hanil Otomotive San Ve Tic was established in Turkey.
Jun. 1997	The Company established JV in India : Hanil-Lear Company.
Jul. 1997	The Company established Hanil C&F in Ulsan.
Dec. 1999	The Company obtained QS9000 certification.
Jun. 2002	The Company established Jiangsu Hanil Auto Plastic Parts Co., Ltd. in China.
Dec. 2003	The Company established Beijing Hanil Automotive Trim Co., Ltd. in China.
Dec. 2003	The Company obtained ISO14001 certification.
Mar. 2004	The Company obtained ISO/TS16949 certification.
Dec. 2004	The Company established Hanil E-Hwa Slovakia s.r.o in Slovakia.
May 2005	The Company established Hanil E-Hwa Interior Systems Alabama LLC in USA.
Sep. 2005	The Company established Beijing Hanil E-Hwa Tech. Co., Ltd in China.
Oct. 2005	The Company established its second local company in Slovakia, Hanil E-Hwa Automotive Slovakia s.r.o.
Nov. 2006	The Company acquired a 100 percent ownership in Shinhan Plasto India Pvt Ltd. in India, making the Indian company its wholly owned subsidiary. (This subsidiary later adopted a new corporate name, Hanil Automotive India Pvt Ltd.)
Jan. 2007	Hanil E-Hwa Automotive Slovakia s.r.o in Slovakia absorbed Hanil E-Hwa Slovakia s.r.o.
Jan. 2007	The Company acquired lkwang Industrial Co., Ltd. of Korea, making this company its subsidiary. The subsidiary adopted a new company name, Dooyang Industrial Co., Ltd.
Jun. 2009	The Company turned Hanyang Automotive India Private Limited into a subsidiary.
Jan. 2010	The Company established Hanil Automotive do Brazil Ltda in Brazil.
Feb. 2010	The Company established Liaoning Hanil Jinxing Automotive Seat Co., Ltd. in China.
Apr. 2010	The Company established Hanil E-Hwa Interior Systems Georgia LLC in U.S.A.
Dec. 2011	The Company acquired 50.12 percent of the shares in Shinchang Electrics Co., Ltd.
Mar. 2012	The Company established Hanil Industry Co., Ltd. in Korea.
Aug. 2012	The Company established Zhejiang Hanil Limin Automotive Co., Ltd. in China.
Jan. 2013	The Company converted Dooyang Industrial Co., Ltd. into its wholly owned subsidiary.
Oct. 2014	The Company established Hanil Automotive Mexico S. de R.L. de C.V. in Mexico.
Oct. 2015	The Company established BAIC Hanil (Cangzhou) Automotive Trim Co., Ltd. in China.
Nov. 2015	The Company established BAIC Hanil (Chongqing) Automotive Trim Co., Ltd. in China.
Jan. 2016	Changed the company name to Seoyon E-Hwa Co., Ltd.
Sep. 2017	Established Seoyon E-Hwa Automotive Anantapur Private Limited in India.
May. 2018	The Company established CHANGSHA SEOYON E-HWA Automotive Parts Co., Ltd
Jul. 2018	The Company established Shanghai Synergy Autotech Co., Ltd.
Jul. 2018	The Company established Changshu Seoyon E-Hwa Automotive parts co., Ltd.
Apr. 2019	The Company established Shanghai Synergy Automotive parts Co., Ltd.
Jul. 2019	The Company established Summit Autotech Mexico, S. De R.L. De C.V.
OCT. 2019	The Company sold 16.67% shares in Beijing BHAP Seoyon Automotive Trim Co., Ltd.
Jan. 2020	The Company sold 30% shares in SEOYON E-HWA Automotive Chennai Private Limited.
Mar. 2020	The Company sold 30% shares in SEOYON E-HWA Automotive India Private Limited.
Jun. 2020	The Company established Seoyon E-HWA Summit Automotive Anantapur Private Limited.
Feb. 2022	The Company established Seoyon Summit Krishnagiri in India.
Oct. 2022	The Company established Seoyon E-Hwa Savannah in the U.S.
Feb. 2023	The Company established Seoyon North America in Mexico.
Apr. 2023	The Company established Seoyon E-Hwa Auburn incorporated in the U.S.