Daewon Kang Up Co., Ltd. (000430.KS) KSC

Currency In KRW

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Daewon Kang Up Co., Ltd.

Address

114-41, Osong 1 gil

Cheonan-si, SC 31042

Korea (the Republic of)

Phone

82 4 1520 7500

Sector

Consumer Cyclical

Industry

Auto - Parts

Employees

666

First IPO Date

September 29, 2005

Key Executives

NameTitlePayYear Born
Chai-Chul HurChairman & Chief Executive Officer821M1947
Hag-Tae KimExecutive Director0N/A
Gi-Jeon KimChunan Factory Manager and Director01958
Jin-Young KimExecutive Director0N/A
Deog-Woo ShinExecutive Director0N/A
Yurl-Gak SungPresident01950
Eun-Sub LeeExecutive Director0N/A
Hyung-Seok KimChief of Auto Sales Office and Director01963
Jin-Beom KimDirector of TQM Secretariat Bureau and Director01956
Gil-Yong ParkSenior Managing Director and Chief of Finance Office01954
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Description

Established in 1946 and headquartered in Cheonan-si, South Korea, Daewon Kang Up Co., Ltd. is a global developer, producer, and seller of a diverse range of suspension springs and seating solutions. The company's extensive spring portfolio includes various suspension types such as coil, leaf, stabilizer, torsion bars, and air springs, alongside complete air and pusher axle suspension kits designed primarily for automobile manufacturers. Complementing these, they also supply coil insert equipment, tension bar connection tools, and spring testing machinery. Beyond suspension components, Daewon Kang Up manufactures a wide array of precision springs, including engine valve springs, cotters, curved, return, die, and specialized wire and disc springs, as well as flat and snap rings and IT components. These precision products cater to numerous sectors, from automotive parts and electronic goods to industrial machinery, civil construction, and high-precision IT applications. Furthermore, Daewon Kang Up produces seating systems for a broad spectrum of uses, including automobiles, subway and conventional trains, heavy equipment, and other industrial applications. Their offerings also encompass manufacturing equipment for coil and leaf springs and stabilizer bars, material processing equipment, peelers, spring testing devices, and comprehensive engineering services. The company additionally supplies various seat-related components like adjusters, recliners, pumping mechanisms, headrests, magnesium frames, and complete seat assemblies.

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