| Automobile Components Industry | Consumer Discretionary Sector | Mr. Jae-Byung Park CEO | KRX SM Exchange | KR7001523000 ISIN |
| South Korea Country | 454 Employees | 27 Dec 2023 Last Dividend | 31 Jul 2014 Last Split | - IPO Date |
Tongyang Inc. is a multifaceted company based in Seoul, South Korea, that specializes in manufacturing and selling ready-mixed concrete and other construction materials. The company has a history dating back to 1955, initially known as Tongyang Major Corporation before changing its name to Tongyang Inc. in March 2011. Its operations are diverse, encompassing the manufacture and distribution of construction materials, involvement in housing construction projects, civil engineering activities, building construction, and remodeling services. Additionally, Tongyang Inc. extends its expertise to designing, equipment supply, construction, and operation of industrial plants and environmental equipment.
Tongyang Inc. produces ready-mixed concrete and aggregates essential for construction. The company also distributes a variety of construction materials, which include steel reinforcement, thermal insulation materials, tiles, sanitary wares, and plaster boards.
The company takes on housing construction projects, creating apartments, high-end residential facilities, and townhouses. These projects reflect Tongyang Inc.'s commitment to developing living spaces that meet modern requirements and standards.
Tongyang Inc. is involved in civil engineering activities that contribute to the development of infrastructural facilities, such as roads and harbors, enhancing the functionality and accessibility of urban and rural areas.
The company's construction portfolio includes shopping complexes, residences, and other building types. Tongyang Inc. applies its extensive knowledge and technology in the building industry to create structures that serve various purposes and add value to communities.
Offering remodeling services, the company renovates greens, commercial real estate, and apartments. These services aim to rejuvenate and enhance the utility and aesthetics of existing structures.
Tongyang Inc. engages in the design, equipment supply, construction, and operation of cement plants, power plants, iron works, and chemical plants. This service showcases the company's capabilities in handling large-scale industrial projects.
The company also specializes in manufacturing environmental equipment, including centrifugal and axial fans, and blowers. These products are essential for managing and improving environmental conditions in various settings.