Summary
March, 1979
10 business sites in
4 different countries
2567 workers globally
782 domestically
1785 overseas
Total revenue: KRW 557.2 billion
Domestic revenue: KRW 428.1 billion
Overseas revenue: KRW 129.1 billion
In 2021
In 2021
2567 workers globally
782 domestically
1785 overseas
In 2020
Total revenue: KRW 557.2 billion
Domestic revenue: KRW 428.1 billion
Overseas revenue: KRW 129.1 billion
In 2020
Vision
Greetings from the CEO
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
Timeline
Founded the company on August 1979 and built the factory in Ulsan
KS Mark-Certified Sun visors
Began producing Sun visors for Hyundai
Company name change from Saechan Industry to Yongsan
Began producing headlinings for commercial vehicles
Began producing internal parts with polypropylene
Began producing seat covers for Hyundai
Established the Kyeongju factory
Coalition with HAWA (Japanese company)
Established the Asan factory
Timeline
Obtained ISO90002 & QS9000. Introduction to the Enterprise Resource Planning (ERP system)
Established Zhangjiagang Corp in China
Awarded $30mil Export Tower on the 39th Export day
Awarded the Ulsan Tax Office Certification on Tax day
Founded an R&D CENTER
Built the 4th factory
ISO/TS16949, ISO14004 Certification obtained
Established Beijing Corp
Established Sungsan group, an affiliated company (Produced seat headrests)
Established Gwangju factory
Technology convention with German SETON (Internal leather wrapping method)
Established Chennai Corp in India
Received an award from the Ministry of Finance and Economy on Tax Day
Established Yancheng Corp in China
Awarded $100mil Export Tower on the 44th Export Day
Founded YSP an affiliated company (For vehicle parts CKD Shipping and international delivery)
Moved the Research Institute (R&D Center)
Joint venture with WET, Germany (heat cable for car parts)
Signed a contract with Mauer, India for technical support (Sun visor parts)
Established Yongsan JS, an affiliated company
Timeline
Became a medium-sized company
Hak Soo Jeon became the CEO
Established S&C, an affiliated company (Produces seat covers for Kia)
Established the Iksan factory
Announced quality management for all companies
Introduced the new ERP
Established the headquarters in Cheonan
Began making customizable parts for Hyundai and Kia
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
Started a supply business for Hyundai and Kia
Confirmed a branch in Chongqing and established Chongqing Corp.
Started mass production of sun visors for Suzuki, a manufacturer of finished cars in Japan
Established a corporation in Coahuila, Mexico (Produces seat covers for Kia)
Signed a memorandum of understanding with Juki (Sewing Automation)
Established Chongqing factory
Awarded the Patent Grand Prize by the Ministry of Trade, Industry and Energy
Established the nest business site
Established Changzhou Corp.
NDA & MOU with Muller Textile, Germany
NDA & JMA with TactoTek
Established a corporation in Alabama, US (Wrapping internal parts with leather)
Timeline
Opened an office in Seoul
Established the Jungsan factory
Moved the nest business site from Asan to Ulsan
Jeon Haksoo inaugurated as vice president, system of Jeong Jaemo, CEO
YSP takeover SCOA, an affiliated company (Current YSP Ulsan factory)
Establishment of a joint corporation with YSP Battery, an affiliated company (YSP Power Pack)
Received Jang Youngsil Award (Developed artificial leather for covering automobile Crash Pad)
YSP takeover JCHYUN Electronics, an affiliated company (Current YSP Electronics)
Merger of Yongsan JS (Current Yongsan Gyeongju Oe-dong factory)
CI
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.