Tae Won Mulsan Co., Ltd. Tae Won Mulsan Co., Ltd. manufactures and sells automotive engine components and construction gypsum products in South Korea. The company operates two primary segments including the automotive parts business, which supplies water pumps for farm machines and automobiles; rod and cable type gear shift cover assemblies; shift blocks and front bearing covers for trucks; brackets for transmission mounts; shackles for alternators; EGR adapters; and ECU housing products to customers such as GM Korea and HD Hyundai Infracore; and the gypsum business, which produces refined phosphate gypsum, gypsum plaster, calcined gypsum, and gypsum resin mortar for use as cement additives and construction materials. It also engages in importing processed foods for distribution to domestic companies. Founded in 1955 and formerly known as Samyang Trading until its name change in February 1968, the company is headquartered at 14, Teheran-ro 86-gil in Gangnam-gu, Seoul, South Korea, with approximately 67 employees focused on the consumer discretionary sector's auto parts industry. Recent developments include sustained supply relationships in the automotive sector and ongoing operations in gypsum production amid stable financial performance, with fiscal year 2024 revenue of 11.57 billion KRW and net income of 1.19 billion KRW as well as an announced annual dividend payable in April 2026.