Hyosung Corporation (004800.KS)

58,900.00 -800.00 (-1.34%) At close: 03:30PM KST

Hyosung Corporation

119 Mapo-daero
Mapo-gu
Seoul 04144
South Korea
82 2 707 7114
https://www.hyosung.com

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hyun-Joon Cho	Chairman & CEO	N/A	N/A	1968
Mr. Kyoo-Young Kim	Vice Chairman & CEO	N/A	N/A	N/A
Mr. Hyun-Sang Cho	COO & Vice Chairman	N/A	N/A	1971
Mr. Yoon-Taik Chung	President and Chief Financial Officer	N/A	N/A	1995
Mr. Kim Gyu-Young	President	N/A	N/A	1948
Mr. Pil-Gu Ryu	Head of Construction PG	N/A	N/A	1945
Mr. Junhyung Park	Head of Strategy Division For L-New Business	N/A	N/A	1952
Jae-Bong Noe	Senior Managing Director, Internal Accounting Control Officer and Chief of Secretary	N/A	N/A	1960

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in KRW.

Description

Hyosung Corporation, together with its subsidiaries, engages in the textile, trading, power and industrial systems, construction, industrial materials, chemicals, and information and communication businesses in Korea and internationally. It manufactures nylon and polyester yarns and fabrics, and dyed and finished products; spandex products under the creora brand; fabrics for general apparel, workwear, and industrial purposes; exports steel and metal products; trades in chemicals, such as synthetic fiber materials, plastic products, precision chemicals, chemical products for mining and lighting, and fertilizer and other products; provides LED lighting and application products. The company also offers transformers, circuit breakers, shunt reactors, switchgears, and STATCOM and high voltage direct current transmission products; turnkey solutions; condition monitoring systems; asset health management solutions; power system maintenance and automation, and process automation solutions; motors and generators; energy storage systems, solar inverters and EPC products, and wind turbines; chemical equipment, filling stations, industrial gas supplying systems, gear boxes, geared motors, special gear units, pumps, desalination systems, and welding machines. In addition, it engages in civil engineering, construction, and residential development activities. Further, the company industrial yarns, advanced materials, tire reinforcements, airbags, and carpets; polypropylene under the TOPILENE brand, purified terephthalic acid, nylon and polyester films, nitrogen trifluoride, F2/N2 mixture, optical films, polyketone under the POKETONE brand, and fluorine gas. Additionally, it provides ATMs, ICT services, and IT and contact center Services; manufactures LED display systems, construction landscape lighting, and LED lighting equipment; and operates a financial platform, as well as frozen storage warehouse. The company was incorporated in 1966 and is based in Seoul, South Korea.

Corporate governance

Hyosung Corporation’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.