- Full Time Employees
- - -
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Cheongju-si South Korea
- IPO Date
- Nov 2, 2023
- Business
- Yujin Technology Co., Ltd. is a South Korea-based precision engineering and manufacturing company that develops, produces, and sells specialized tooling, machinery components, automation equipment, and material parts for the secondary battery industry. The company operates through four core business segments: Precision Molds, which includes high-precision notching molds, forming molds, and blanking molds engineered for pouch and prismatic lithium-ion battery cell manufacturing; Precision Machinery Parts, which encompasses slitting knife units, cutter cartridges, friction shafts, notching press units, and lamination cutters designed to replace and localize imported battery assembly components; Automation Equipment, which comprises customized secondary battery production facilities, precision assembly machinery, and automated quality inspection systems; and Battery Materials, which features proprietary lead tabs connecting internal battery electrodes to external terminals, including chromium-free eco-friendly coated lead tabs and next-generation lead tabs for all-solid-state batteries. Yujin Technology caters to global battery manufacturers and automotive battery suppliers operating in the electric vehicle, energy storage system, and portable electronics sectors, maintaining long-term supply relationships with major tier-one manufacturers including LG Energy Solution, Samsung SDI, and SK On. Founded in May 2010, the company is headquartered in Cheongju-si, Chungcheongbuk-do, South Korea, and conducts international operations through subsidiaries and overseas service hubs in the United States, Hungary, Poland, and China. In recent developments, Yujin Technology completed its initial public offering and listed its shares on the KOSDAQ market under ticker KRX:240600; secured large-scale supply contracts for automotive prismatic battery notching mold equipment with European manufacturing operations in Hungary; expanded its commercial production of environmentally sustainable, non-hexavalent chromium lead tabs; accelerated development of specialized connection components for solid-state battery architectures; and executed a bonus share issuance to strengthen its equity foundation and support continued global production capacity expansions.