SM BEXEL CO. LTD.
KKRX:0105803,255.00
KRW
-180.00
(-5.24%)
ISIN
KR7010580009
Return %
Stock
S&P 500
1Y
11.09
14.39
3Y
88.81
81.42
5Y
112.75
68.62
Capital Structure
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in mil. unless spec.Company Description
- Full Time Employees
- 232
- Sector
- Consumer durables
- Industry
- Tools & hardware
- Address
- Asan-si South Korea
- IPO Date
- Dec 27, 1994
- Website
- smbexel.com
- Similar Companies
- Business
- SM BEXEL CO. LTD. is a South Korea-based industrial manufacturing company that specializes in the production of primary and secondary batteries as well as precision automotive powertrain components. Operating as an affiliate of SM Group (Samra Midas Group), the company organizes its business operations into two core segments: the Battery Division and the Automotive Parts Division. Through its Battery Division, the company manufactures, packages, and markets a diverse portfolio of portable power and energy storage solutions under the Bexel brand, including consumer alkaline batteries; manganese dry cell batteries; primary lithium batteries; rechargeable lithium-ion and nickel-metal hydride (Ni-MH) battery packs; customized battery management systems (BMS); military-grade lithium ampoule batteries; and specialized power units for robotics, drones, and industrial machinery. Through its Automotive Parts Division, the company develops and manufactures precision powertrain components for global automotive original equipment manufacturers (OEMs), comprising internal combustion engine cylinder heads; mechanical and electric water pumps; mechanical and electric oil pumps; pistons; cam carriers; and timing chain cover modules (TCCM). Tracing its corporate lineage to 1961 through its automotive legacy and 1978 through its battery manufacturing heritage, SM BEXEL CO. LTD. is headquartered in Gumi, Gyeongsangbuk-do, South Korea, maintaining domestic production and engineering facilities while serving consumer retail, automotive OEM, aerospace, defense, and industrial markets across South Korea and international export destinations. In recent major corporate developments, the company adopted its current corporate structure and name following the April 2022 merger between automotive parts manufacturer Zico Co., Ltd. and battery producer Bexel Co., Ltd. Expanding its technological footprint in high-growth clean energy and defense applications, SM BEXEL has initiated a joint development and verification project with a major U.S.-based global automaker for Lithium Manganese Rich (LMR) cylindrical secondary batteries; established a dedicated Battery Pack Solutions Team targeting advanced industrial robotics and unmanned aerial platforms; secured a KRW 20 billion supply agreement with Korea Defense Industry (KDI) for localized defense lithium ampoule batteries; entered into a strategic cooperation agreement with aerospace company Soom-Vi to develop localized power systems for military drones; and executed a memorandum of understanding with the Gumi Electronics & Information Technology Research Institute (GERI) to establish a secondary battery technology research hub in Gumi.