Myoungshin Industry Co., Ltd.

2021
03 – Simwon NA, Corp. Newly established a subsidiary of Simwon NA, Corp.
06 – Converted to convertible preferred stock of 11 billion won, convertible bonds of 29 billion won into common stock

2020
03 – Changed CEOs (representative representatives Lee,Tae-gyu, Lee Kang-seop -> Park Bong-geun)
12 – Listed on the stock market

2019
03 – Convertible preferred stocks of KRW 29 billion, convertible bonds of KRW 11 billion into common stocks Changed CEOs (Representative CEO Lee Tae-gyu, Ko Chang-hyeon →Representative Lee Tae-gyu, Lee Kang-seop)
– Attracted KRW 4 billion of convertible preferred stock and KRW 4 billion of convertible bonds (Fine Puzzle PEF)
02 – Attracted external investment of KRW 16 billion for convertible preferred stock and KRW 16 billion for convertible bonds (KB Asset Management)
– Acquired KS ISO 14001
01 – Acquired IATF 16949 quality management system certification

2018
06 – Redeemed convertible preferred stock through unequal capital reduction
02 – Attracted KRW 20 billion of convertible preferred stock and KRW 20 billion of convertible bonds (Hana PE)
01 –  Incorporated subsidiaries such as Simwon Development, Simwon Tech, and a Chinese subsidiary
– Changed headquarters location (50, Gongdan-ro 69beon-gil, Gyeongju-si, Gyeongsangbuk-do → 91, Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongju-si, Gyeongsangbuk-do)
– Corporate (human) spin-off. With the surviving corporation of Myoung Shin Industy, and the newly established corporation of Myoung Shin Industrial Hwangseong Co., Ltd.

2017
12 – First delivered the mass-produced models to global electric vehicle companies
03 – Attracted external investment (9.6 billion won, Shinyoung PE)
– Started mass production of HPF #2 Line (1,200t Press)

2016
12 – Changed CEOs (Representative CEO Lee Tae-gyu, Park Jong-tae → Representative Lee Tae-gyu, Ko Chang-hyeon)
01 – Attracted external investment (9.6 billion won, Shinyoung PE)
– Started mass production of HPF #2 Line (1,200t Press)PF #2 Line (1,200t Press)

2014
09 – Started mass production of HPF #6 Line (1,200t Press)
06 – Started mass production of HPF #5 Line (1,200t Press)
02 – Started mass production of HPF #4 Line (1,200t Press)

2013
12 – Capital increased through issuance of convertible preferred stocks (33 billion won, Dominus)
07 – Changed CEOs (representative representatives Lee Tae-gyu, Hwang Seok-ho → Lee Tae-gyu)
06 – Started mass production of HPF #3 Line (1,200t Press)
– Capital increasdd by 10 billion won (Paid-in capital: 13 billion won)

2011
06 – Changed CEOs (Kim Kyu-jang → CEO Lee Tae-gyu, Hwang Seok-ho)

2009
07 – Started mass production of HPF #1 Line (700t Press)

2008
07 – Started the operation of the Cheonbuk Factory (Hot Stamping line)

2006
12 – Extended equipment line (TWB Line)

2005
08 – Extended facility line (Servo Press)

2004
11 – Acquired ISO-14001 certification
– Acquired TS-16949 certification

2002
12 – Changed CEOs (Kim Seong-Kwang → Kim Gyu-Jang )
01 – Selected as a promising small business (Korea Development Bank)

2000
12 – Changed largest shareholder (Lee Yang-seop→ MS Autotech Co., Ltd.)

1999
06 – Achieved QS-9000 quality system accreditation (Korea Management Association accreditation institute)
05 – Recognized as an affiliated research institute (Korea Industrial Technology Association)

1998
02 – Selected as a promising export SME (Small and Medium Business Corporation)

1997
12 – Awarded the grand prize for labor-management harmony (Presidential Citation)
09 – Capital 3 billion won
07 – Received a commendation from the Minister of Labor (Labour-Management Cooperation Competition)

1994
02 – Changd largest shareholder (Lee Wang-rim → Lee Yang-seop)

1990
09 – Graduated from promising small business
03 – Received a commendation from the Minister of Commerce and Industry

1988
03 – Received a commendation from the head of the Daegu Regional Tax Office

1987
12 – Received a commendation from the Minister of Labor

1982
04 – Establishment the company (founding capital of 100 million won)