Tongyang Inc. (001527.KS) KSC

Currency In KRW

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Tongyang Inc.

Address

Samsung Life Yeouido Building

Seoul,

Korea (the Republic of)

Phone

82 2 6150 7000

Sector

Basic Materials

Industry

Construction Materials

Employees

454

First IPO Date

January 04, 2000

Key Executives

NameTitlePayYear Born
Jin-Hark JeongCEO & Director602M1960
Eui-Hyun BaekChief Executive Officer, Senior MD & Director01954
Jae-Byung ParkChief Executive Officer, MD & Director01963
Hwang Bu-ikSenior Managing Director0N/A
Joo-Ahn ByunMD, Head of Construction Business Division & Director01960
Il-Goo ChoMD, Head of Business Support Division & Director01964
Han-wook SeoDeputy MD & Director01964
Jong-Bok ParkDeputy MD & Director01966
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Description

Tongyang Inc., founded in Seoul, South Korea, in 1955, is primarily known for producing and supplying ready-mixed concrete. The company's operations encompass a wide array of construction-related activities; it both manufactures and distributes key building materials such as ready-mixed concrete and aggregates, while also acting as a distributor for items like steel reinforcement, thermal insulation, tiles, sanitary wares, and plasterboards. Beyond material supply, the firm is heavily involved in construction projects. This includes developing various residential properties like apartments, high-end homes, and townhouses. Its civil engineering division is responsible for vital infrastructure, including traffic facilities such as roads and harbors, as well as broader community amenities. Additionally, Tongyang Inc. constructs commercial buildings, retail centers, and general residences, and provides renovation services for both commercial spaces and private dwellings. The company also offers end-to-end services for industrial plants, covering their design, equipment procurement, construction, and ongoing operation. This includes facilities for cement, power generation, iron production, and chemical processing. The company, which was previously named Tongyang Major Corporation, adopted its current name, Tongyang Inc., in March 2011.

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