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History

2020's

2023
43

-  Changed CEOs (representatives Park Bong-geun  -> Choi Woo-Cheol)

2022
42

- Simwon NA, Corp. Newly established a subsidiary of Simwon NA, Corp.

2021
41- Simwon NA, Corp. Newly established a subsidiary of Simwon NA, Corp.
40

- Converted to convertible preferred stock of 11 billion won,

  convertible bonds of 29 billion won into common stock

2020
39

- Changed CEOs (representative representatives Lee,
  Tae-gyu, Lee Kang-seop -> Park Bong-geun)
38

- Listed on the stock market

2010's

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)

12

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 Myungshin Industrial, and the newly established corporation of Myungshin 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)
2016
12
Changed CEOs (Representative CEO Lee Tae-gyu, Park Jong-tae → Representative Lee Tae-gyu, Ko Chang-hyeon)
01Attracted external investment (9.6 billion won, Shinyoung PE)
Started mass production of HPF #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
12Capital increased through issuance of convertible preferred stocks (33 billion won, Dominus)
07Changed 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
06Achieved 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)
2019
37





- 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)

36



- 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

35

- Acquired IATF 16949 quality management system certification

2018
34

- Redeemed convertible preferred stock through unequal capital reduction

33

- Attracted KRW 20 billion of convertible preferred stock

  and KRW 20 billion of convertible bonds (Hana PE)

32







- 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
31- First delivered the  mass-produced models to global electric vehicle companies
30

- Attracted external investment (9.6 billion won, Shinyoung PE)
- Started mass production of HPF #2 Line (1,200t Press)
2016
29
- Changed CEOs (Representative CEO Lee Tae-gyu, Park Jong-tae →
  Representative Lee Tae-gyu, Ko Chang-hyeon)
28
- 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) 양산개시
2014
27
- Started mass production of HPF #6 Line (1,200t Press)
26
- Started mass production of HPF #5 Line (1,200t Press)
25

- Started mass production of HPF #4 Line (1,200t Press)

2013
24
- Capital increased through issuance of convertible preferred stocks (33 billion won, Dominus)
23
- Changed CEOs (representative representatives Lee Tae-gyu, Hwang   Seok-ho → Lee Tae-gyu)
22

- Started mass production of HPF #3 Line (1,200t Press)
- Capital increasdd by 10 billion won (Paid-in capital: 13 billion won)

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

2000's

2009
20- Started mass production of HPF #1 Line (700t Press)
2008
19- Started the operation of the Cheonbuk Factory (Hot Stamping line)
2006
18- Extended equipment line (TWB Line)
2005
17- Extended facility line (Servo Press)
2004
16

- Acquired ISO-14001 certification
- Acquired TS-16949 certification
2002
15

- Changed CEOs (Kim Seong-Kwang → Kim Gyu-Jang )

14- Selected as a promising small business (Korea Development Bank)
2000
13
- Changed largest shareholder (Lee Yang-seop→ MS Autotech Co., Ltd.)

1990's

1999
12

- Achieved QS-9000 quality system accreditation

  (Korea Management Association accreditation institute)

11- Recognized as an affiliated research institute
  (Korea Industrial Technology Association)
1998
10
- Selected as a promising export SME (Small and Medium Business Corporation)
1997
09

- Awarded the grand prize for labor-management harmony

  (Presidential Citation)

08- Capital 3 billion won
07

- Received a commendation from the Minister of Labor
  (Labour-Management Cooperation Competition)
1994
06
- Changd largest shareholder (Lee Wang-rim → Lee Yang-seop)
1990
05

- Graduated from promising small business

04- Received a commendation from the Minister of Commerce and Industry

1980's

1988
03
- Received a commendation from the head of the Daegu Regional Tax Office
1987
02
- Received a commendation from the Minister of Labor
1982
01
- Establishment the company (founding capital of 100 million won)

Add : 91 Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongju-si, Gyeongsangbuk-do, Korea.

Tel :  +82-54-740-2665 

Fax :  +82-54-746-9942

Email : myoungshin@ms-global.com

Copyright ⓒ MYOUNGSHIN All Rights Reserved.

Add : 91 Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongju-si, Gyeongsangbuk-do, Korea.

Tel :  +82-54-740-2665 

Fax :  +82-54-746-9942

Email : myoungshin@ms-global.com 

Copyright ⓒ MYOUNGSHIN All Rights Reserved.