- CEO
- Jin-Su Kim
- Full Time Employees
- 216
- Sector
- Technology services
- Industry
- Information technology services
- Address
- 358 Hwangsaewul-Ro Seongnam GY South Korea
- IPO Date
- Aug 18, 2000
- Business
- Sangsangin Co., Ltd. Sangsangin Co., Ltd. (038540.KQ) engages primarily in information technology solutions, financial services, and heavy industry engineering in South Korea. The company offers integrated IT services, including security systems, integrated communication platforms, software-defined networking (SDN), cloud computing solutions; wired and wireless network design, installation, maintenance, and consulting; electronic components supply. In financial services, Sangsangin Co., Ltd. provides banking products such as stock loans through Sangsangin Savings Bank and Sangsangin Plus Savings Bank, which emphasize customer-oriented retail banking, risk management, and community-focused operations; acts as an intermediary for equity, bonds, financial derivatives trading via Sangsangin Securities and Investment and Sangsangin Plus; and delivers investment consulting and brokerage services. Additionally, the company delivers heavy industry solutions, including consulting for shipbuilding site modernization and new construction, production capacity forecasting, layout configuration, facility and equipment selection, workforce planning; offshore marine cranes, deck cranes, and automated facilities for shipyards through affiliates like Sangsangin Ship Machinery and Sangsangin Industry. Sangsangin Co., Ltd. operates nationwide in South Korea, targeting corporate clients in IT, manufacturing, shipbuilding, and retail investors in finance, with a workforce of approximately 221 employees. Founded in 1989 and headquartered in Seongnam-si, South Korea, the company maintains subsidiaries including Sangsangin Savings Bank, Sangsangin Securities and Investment, Sangsangin Plus, and shipbuilding engineering units. Recent developments include an agreement to acquire an additional 10.46% stake in Sangsangin Investment & Securities Co., Ltd. from J One Wide Co., Ltd.; divestiture of a 90% stake in Sangsangin Savings Bank to KBI Group for approximately KRW 110 billion in late 2024; and earlier expansions such as the 2019 acquisition of Golden Bridge Investment & Securities Co. and the 2018 name change from Texcell-NetCom Co., Ltd. to Sangsangin Co., Ltd., alongside the 2016 establishment of Sangsangin Plus Co.