ShinWon Corporation
009275.KS
Korea Exchange1,800.00
KRW
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ShinWon Corporation
009275.KS
(Korea Exchange)
Recent
price
1,800.00
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- ShinWon Corporation is a South Korean vertically integrated apparel manufacturer specializing in end-to-end apparel production services including spinning, knitting, dyeing, printing, washing, and warehousing. The company manufactures knit products for men's, women's, and children's clothing, leveraging advanced sewing technologies to deliver high-quality, precision-manufactured garments. ShinWon operates production facilities in multiple countries including Bangladesh, India, Guatemala, Indonesia, Nicaragua, China, and Vietnam. The company targets global fashion brands and retailers with value-added manufacturing services and maintains a focus on sustainability and innovation in apparel production. ShinWon has recently expanded the global deployment of its proprietary AI-driven RFID Tunnel System, which enhances transparency, accuracy, and efficiency in supply chain management by tracking products from production through shipment in real time. This system integrates radio-frequency identification with ShinWon’s manufacturing systems to verify packaging details and minimize errors, aiming for a "Zero Claim" quality assurance target. The company is also piloting a comprehensive traceability program combining RFID with Universal Product Code (UPC) technologies to monitor the entire supply chain from raw cotton sourcing to finished product distribution. Further technological advancements include AI-driven predictive production management and sustainable logistics optimization. Additionally, ShinWon has institutionalized labor and human rights audits across its overseas production sites and expanded renewable energy and resource circularity initiatives, including achieving LEED Gold certification for its Indonesian subsidiary in 2024. Founded in 1951 and headquartered in Seoul, South Korea, ShinWon serves global markets with a strong presence in Asia, the Americas, and beyond. The company’s strategic focus includes enhancing ESG (Environmental, Social, Governance) frameworks and accelerating digital transformation to maintain industry leadership. Recent partnerships include adopting the Retraced sustainability compliance management platform to improve supply chain transparency and joining the American Apparel & Footwear Association (AAFA) to boost ethical fashion and ESG growth. ShinWon's sustained investments in innovation, sustainability, and global supply chain integrity underscore its competitive positioning in the apparel manufacturing sector.