Sungwoo Hitech Co., Ltd.

Company Profile

■URL

https://www.swhitech.com/eng/

■Address

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

Business Overview

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

-Recently, the Company has been focusing on parts such as battery packs and hydrogen tanks for environmentally friendly vehicles.

Shareholders

(As of Mar. 31, 2022)
Major shareholders Investment Ratio (%)
Sungwoo Holdings 32.74
Myung-keun Lee 5.80

Products

Eco-friendly Parts  

Battery pack 
-Battery Case Assembly (BCA)
-Battery Module Assembly (BMA)
-Battery System Assembly (BSA)

Hydrogen storage device 
-Hydrogen Tank System (HTS)
-Hydrogen Storage Module (HSM)

Smart Car

Sensor 
-Light Detection And Ranging (LiDAR)
-Far Infrared (FIR)

Car Body 
-Front Bumper Beam
-Fender apron and Member
-Hinge assembly hood
-Panel Assemblies, Front / Rear door
-Center Floor Complete
-Member assembly, Rear floor complete

-Dash
-Trunk Lid
-Quarter Inner Complete
-Reinforcement

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.
Jul. 2017 The company established Sungwoo Hitech AP in India.
Apr. 2021 The company established Sungwoo Hitech America Co.,Ltd. in USA.
Jan. 2022 Absorbed the operations of Sungwoo s.r.o based in the Czech Republic.

Supplemental Information 1