Summary

Company Name

Yongsan Co., Ltd.

Date of Establishment

March, 1979

Business Site Status

17 business sites in

5 different countries

Employment
Finance
Partners

3294 workers globally

830 domestically

2464 overseas

Total revenue: KRW 625.3 billion

Domestic revenue: KRW 432.7 billion

Overseas revenue: KRW 192.7 billion

In 2020

In 2019

Employment

3294 workers globally

830 domestically

2464 overseas

In 2020

Finance

Total revenue: KRW 625.3 billion

Domestic revenue: KRW 432.7 billion

Overseas revenue: KRW 192.7 billion

In 2019

Partners
oversea
domestic

Vision

vision

Greetings from the CEO

We are growing every second
to be the best in global market

Our business began in 1979 in Ulsan, the mecca of the vehicle industry in South Korea. Yongsan is a pioneer in car interior industry and operates under the motto that the car industry cannot fully develop without eco-friendliness and an emotional bond with the manufactured interior parts.

Since its foundation, the company has focused on developing eco-friendly, lightweight products in a heartfelt manner, with consistent and innovative tech research. After 40 years of experience, we are now ready for the next chapter in joining the ranks of companies with over 100 years of heritage.

We want to develop into a creative and satisfactory company by expanding the market for future vehicles and eco-friendly businesses, and providing satisfaction to our customers by manufacturing products of the highest quality with responsibility and a sense of duty in the age of global competition, as a core company representing South Korea. We strive to increase the value of our company and put forth every effort to achieve a better tomorrow while sharing our dreams with our employees.

Thank you.

Yongsan CEO    

History

asan01
gongup

Timeline

1979
Aug

Founded the company on August 1979 and built the factory in Ulsan

1994
Jan

KS Mark-Certified Sun visors

Apr

Began producing Sun visors for Hyundai

1998
Jul

Company name change from Saechan Industry to Yongsan

Aug

Began producing headlinings for commercial vehicles

Began producing internal parts with polypropylene

Sep

Began producing seat covers for Hyundai

Nov

Established the Kyeongju factory

1999
Aug

Coalition with HAWA (Japanese company)

Nov

Established the Asan factory

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yancheng01
beijing01
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Timeline

2000
Mar

Obtained ISO90002 & QS9000. Introduction to the Enterprise Resource Planning (ERP system)

2001
Jan

Established Zhangjiagang Corp in China

2002
Nov

Awarded $30mil Export Tower on the 39th Export day

2003
Mar

Awarded the Ulsan Tax Office Certification on Tax day

Jun

Founded an R&D CENTER

Aug

Built the 4th factory

2004
Dec

ISO/TS16949, ISO14004 Certification obtained

2005
May

Established Beijing Corp

Jul

Established Sungsan group, an affiliated company (Produced seat headrests)

2006
May

Established Gwangju factory

Technology convention with German SETON (Internal leather wrapping method)

Dec

Established Chennai Corp in India

2007
Mar

Received an award from the Ministry of Finance and Economy on Tax Day

Sep

Established Yancheng Corp in China

Nov

Awarded $100mil Export Tower on the 44th Export Day

2008
Feb

Founded YSP an affiliated company (For vehicle parts CKD Shipping and international delivery)

Aug

Moved the Research Institute (R&D Center)

Nov

Joint venture with WET, Germany (heat cable for car parts)

Dec

Signed a contract with Mauer, India for technical support (Sun visor parts)

2009
Mar

Established Yongsan JS, an affiliated company

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erp
yspchungju01
chongqing01
changzhou01
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Timeline

2011
Jan

Became a medium-sized company

Aug

Hak Soo Jeon became the CEO

2012
Jan

Established S&C, an affiliated company (Produces seat covers for Kia)

Feb

Established the Iksan factory

Mar

Announced quality management for all companies

Introduced the new ERP

Jul

Established the headquarters in Cheonan

2013
May

Began making customizable parts for Hyundai and Kia

2014
Jan

Announced ethical management

Yongsan S&C is selected as an ‘excellent company for senior employment’ and awarded by the Ministry of Employment and Labor

Selected as Top 100 companies for job creation

Mar

Started a supply business for Hyundai and Kia

2015
Jan

Confirmed a branch in Chongqing and established Chongqing Corp.

Jul

Started mass production of sun visors for Suzuki, a manufacturer of finished cars in Japan

Sep

Established a corporation in Coahuila, Mexico (Produces seat covers for Kia)

2016
Nov

Signed a memorandum of understanding with Juki (Sewing Automation)

2017
Jan

Established Chongqing factory

Awarded the Patent Grand Prize by the Ministry of Trade, Industry and Energy

Sep

Established the nest business site

2018
Jan

Established Changzhou Corp.

May

NDA & MOU with Muller Textile, Germany

2019
Aug

NDA & JMA with TactoTek

Dec

Established a corporation in Alabama, US (Wrapping internal parts with leather)

seoul01

Timeline

2020
Jan

Opened an office in Seoul

Jun

Established the Jungsan factory

Jul

Moved the nest business site from Asan to Ulsan

CI

1) CI

“Yongsan’s new CI represents a valuable future.”

2) Representation

The equal length of horizontal lines and vertical lines in the square represent honesty and straight-forwardness in management, excellence in quality as well as simple and clear-cut decisions.

We designed a new font for freshness but kept the original colors to maintain our tradition and history, a well-designed combination of the old and new, expressing the pride we take in our company.

In addition, it implies the kinds of products we create, as well as the research that emphasizes our presence in the South Korean car industry.

3) Color standards