- CEO
- Yong-Jin Lee
- Full Time Employees
- 312
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Ulsan South Korea
- IPO Date
- Aug 12, 2014
- Business
- HANJOO LIGHT METAL CO., LTD. is a South Korea-based automotive component manufacturer specializing in the development and production of lightweight aluminum cast parts for the global automotive and transportation industries. Founded in 1987 and headquartered in Ulsan, South Korea, the company operates across several core product categories: automotive chassis components, including aluminum front steering knuckles, rear carriers, rear subframe side members, and center flow tunnels; electric vehicle (EV) components, comprising battery pack cases, inverter housings, drive motor front covers, structural platform members, and mounting brackets; engine and powertrain parts, including intake manifolds, oil pump housings, water pump bodies, exhaust gas recirculation (EGR) housings, and turbocharger compressor housings; and specialized components, including marine propulsion parts and bimetal hybrid brake discs. The company utilizes proprietary casting and metallurgy processes, including multi-cavity low-pressure die casting (LPDC), semi-solid electronic stirring die casting (ESDC), smart rheocasting, and inorganic sand core casting technologies. In recent developments, Hanjoo Light Metal completed its initial public offering on the KOSDAQ market under ticker 198940. The company expanded its overseas manufacturing footprint through its wholly owned European subsidiary, Hanjoo Light Metal s.r.o., operating an aluminum automotive parts production facility in Vlkanová, Slovakia, supporting European assembly lines for Hyundai Motor and Kia. The company also secured an estimated KRW 400 billion long-term supply contract spanning 2025 through 2033 with Hyundai Motor Group to manufacture lightweight aluminum crossmembers and structural components for Hyundai's next-generation dedicated electric vehicle platform (eM) across Genesis models, backed by a KRW 58 billion capital expenditure commitment in production infrastructure. Additionally, Hanjoo Light Metal entered into a strategic collaboration agreement with global Tier-1 automotive supplier ZF to co-develop next-generation lightweight components while expanding its eco-friendly casting technologies into robotics structural parts.