Sewon Corp.
KKRX:0248308,020.00
KRW
-90.00
(-1.11%)
Sewon Corp.
KRX:024830
(Korea Stock Exchange)
Recent
price
8,020.00
P/E
ratio
5.06
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Sewon Corp. is a South Korea-based automotive components manufacturer specializing in the engineering, press stamping, and assembly of automotive body structures and structural chassis modules. Founded in 1985 and headquartered in Yeongcheon, South Korea, the company operates as a primary Tier-1 supplier to global automotive original equipment manufacturers, most notably Hyundai Motor Company and Kia Corporation. The company categorizes its operations through precision metal stamping and structural module production, offering products that include body-in-white structural assemblies, such as dash complete assemblies, cowl cross bar assemblies, front floor modules, rear floor complete panels, and radiator support assemblies; exterior and inner reinforcement stamping parts, such as fender aprons, center floor frames, side pillar assemblies, and door surround structures; and full-service manufacturing solutions, such as high-tonnage automated press stamping, robotic spot and laser welding, die design, and cathodic electrodeposition coating. As part of the Sewon Group alongside affiliated entities including Sewon Precision Industry Co., Ltd. and Sewon Tech Co., Ltd., the company maintains domestic production plants across South Korea and supports North American vehicle manufacturing via its affiliate Sewon America, Inc., operating manufacturing facilities in LaGrange and Rincon, Georgia. In recent operational developments, Sewon Corp. has accelerated its transition into the electric vehicle sector by engineering dedicated structural body parts and battery enclosure assemblies, including collaboration on energy platform programs with partners such as Our Next Energy, Inc. The company has also expanded its North American supply infrastructure to support production ramp-ups for the Hyundai Motor Group Metaplant America in Georgia, restructured executive management through the appointment of Chief Executive Officer Jong-Tae Lee, and advanced its corporate sustainability standards by securing certified EcoVadis environmental, social, and governance ratings across its supply chain network.