- CEO
- Soon-Gyeom Hong
- Full Time Employees
- 571
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 16, Haebong-ro 255 beon-gil Ansan-si GY South Korea 425-839
- IPO Date
- Dec 8, 2017
- Business
- DYP Co.,Ltd DYP Co.,Ltd manufactures and sells pistons and related automobile engine components in South Korea and internationally; its core products include compact pistons for gasoline, diesel, LPI, and hybrid engines used in passenger cars and SUVs; mid-size pistons for diesel and natural gas engines applied in vans, minibuses, compact trucks, and buses; large-size pistons for gasoline engines serving medium- and heavy-duty trucks, construction equipment, and generators; small pistons for gasoline engines in two-wheelers such as motorcycles; specialized pistons for military vehicles, vessels, and agricultural equipment including tractors and combines; piston pins for automobile engines; diamond cutting tools for piston machining; ring carriers for gas and diesel engine pistons; and cylinder liners for diesel engines, with additional services encompassing assembly of piston rings, pins, and connecting rods with pistons. The company operates across multiple business segments, including powertrain components, fuel cells, batteries, engine management, and chassis systems, targeting automotive original equipment manufacturers (OEMs), commercial vehicle producers, industrial vehicle makers, and suppliers in the two-wheeler, marine, military, and agricultural sectors; its customer base features major global players such as Hyundai Motor, Kia Motors, General Motors, Chrysler, Mitsubishi Motors, Ford Europe, Audi, BMW, Volkswagen, SsangYong Motors, Daewoo Heavy Industries, and Porsche. DYP Co.,Ltd maintains production facilities in South Korea (Ansan-si headquarters, Hwaseong, Siheung, Gyeongju), China (Shandong province), the United States (Canton, Michigan; Montgomery, Alabama), Japan (Yokohama), and Mexico (Coahuila); it was founded in 1967 as Dong Yang Precision Company, incorporated as Dong Yang Piston Co., Ltd. in 1977, and changed its name to DYP Co.,Ltd in April 2025. Recent developments encompass receipt of KRW 10 billion in funding from Synergy IB Investment Co., Ltd. and Synergy-Premier Mezzanine Blind No. 1 New Technology Business Investment Fund in October 2025 to support growth initiatives; completion of the Hwaseong Plant in December 2022 dedicated to future vehicle components such as hydrogen electric vehicle enclosures and manifolds, electric vehicle heat dissipation modules (EV6 GT, IONIQ 5), and air suspension separators (Genesis G90); initiation of mass production for Porsche in August 2021; receipt of multiple GM Supplier Quality Excellence Awards through 2023; and winning of the National Social Responsibility Award in November 2023.