Daechang Co., Ltd. (012800.KS) manufactures and sells automotive plastic components and precision molded products. The company produces automotive interior and exterior parts, including bumpers, side moldings, fenders, and under covers; plastic molded products for home appliances and industrial applications; and precision metal stamping parts. Daechang operates primarily in South Korea, with additional facilities in China and North America to serve global automotive original equipment manufacturers (OEMs) such as Hyundai Motor Company and General Motors. Founded in 1968 and headquartered in Asan, South Chungcheong Province, South Korea, the company focuses on the automotive supply chain and industrial plastics segments, targeting major vehicle assemblers and appliance producers. In recent developments, Daechang expanded its production capacity through a new plant opening in China in 2024 to meet rising demand for electric vehicle components; formed a strategic partnership with a leading battery manufacturer for lightweight plastic casings in 2025; and completed a funding round backed by private equity to support automation upgrades across its facilities.