Cosnine Co., Ltd.

Cosnine Co., Ltd.

KKRX:082660
1.00
KRW
-1.00
(-50.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Bo-Hyung Kim
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Gimpo-si South Korea
IPO Date
Oct 5, 2005
Business
Cosnine Co., Ltd. is a South Korea-based company primarily engaged in the development, original equipment manufacturing (OEM), original design manufacturing (ODM), and original component manufacturing (OCM) of cosmetics and personal care products. Founded in June 2001 and headquartered in Gimpo-si, Gyeonggi-do, South Korea, the company operates an advanced smart manufacturing facility featuring automated underground cleanrooms and collaborative robotic production systems to serve brand owners and beauty distributors across domestic and international markets. The company previously operated under the corporate names Nine Complex Co., Ltd., Samwoo M&S Co., Ltd., Crucial M&S Co., Ltd., and Charmtech Co., Ltd. before adopting the name Cosnine Co., Ltd. The company operates through its cosmetics and materials distribution divisions, providing an extensive portfolio of beauty and personal care formulations across several core categories: basic skincare products, including toners, emulsions, lotions, moisturizing creams, serums, ampoules, facial essences, eye creams, sheet masks, and sunscreens; color cosmetics and makeup products, including liquid and cushion foundations, BB and CC creams, concealers, blushes, eyeshadow palettes, eyeliners, mascaras, lipsticks, lip tints, and lip glosses; specialized functional cosmetics, comprising targeted dermatological solutions for skin whitening, anti-wrinkle care, deep hydration, acne management, and skin elasticity enhancement; and body and hair care items, including body washes, body lotions, body oils, exfoliating scrubs, hand and foot care creams, clarifying shampoos, hair conditioners, scalp care treatments, and hair styling essences. In recent corporate developments, Cosnine Co., Ltd. pursued a major strategic diversification into the secondary battery materials sector by establishing a wholly owned subsidiary, Green Energy Innovation Co., Ltd., through which it entered into supply and distribution arrangements with Chinese lithium refiners to trade battery-grade lithium carbonate and lithium hydroxide. Concurrently, the company underwent significant corporate and operational reorganizations following management turnover, liquidity challenges, and subsequent trading suspensions on the KOSDAQ market. The company initiated court-administered corporate rehabilitation and pre-pack M&A processes to normalize operations before voluntarily applying to terminate receivership in 2025, which led to the resumption of formal delisting proceedings by the Korea Exchange and subsequent judicial confirmations dismissing injunction requests against its listing termination.