Keyyang Precision Co., Ltd. (CEO, Chung Byungkee), a turbocharger specialist company, hold a building dedication ceremony in China with people of customers and partner company, including Lee Chul-woo, member of the National Assembly, Park Bo-saeng, the Mayor of Gimcheon City, Kim Jung-ho, the chairman of The Gimcheon Chamber of Commerce and Industry, Ku Sangchan, consul general in Shanghai attended. On this occasion, Guests did not spare any encouragement and support to foster local companies as a global company and to grow and develop. Keyyang Precision has laid a foundation for leaping into a global leading company by constructing the factory in China. Keyyang Precision's China plant, which was completed in Wuxi City, Jiangsu Province, China, with a total capacity of 3,900 million won and a total capacity of 4498m2, started operation in three lines from June this year and assembled 750,000 turbochargers. . Prior to the completion ceremony, on March 31, Gimcheon city and Wuxi city high-level officials discussed the importance of economic cooperation and mutual cooperation. Chung Byungkee, CEO of Keyyang Precision, said, "In 1994, we established our company with the belief that we would make turbocharger, which was unfamiliar even in words, with our domestic technology. We have been striving to become a company that serves our customers and serves our customers based on continuous investment and continuous new technology development. "Now, we stand at a turning point for breakthroughs." "Respecting human and ethical management, we are committed to fulfilling our corporate social responsibility. I am going to become a leading company. "

When Chung Byungkee was working in a large company 20 years ago, many Chinese people on a bicycle ride on the streets witnessed a minister going to work in Beijing during their business trip to Beijing. It predicted that demand for automobiles would surge from the enormous Chinese population, and it was foresight that the issue of improving fuel efficiency and protecting the environment worldwide would be highlighted. The turbocharger is an integral part of an automobile that can be mounted on an automobile engine to improve the fuel efficiency of the engine, make it smaller and lighter. In addition, it is recognized as a key part of green growth business by improving combustion efficiency in relation to emissions of automobile pollutants that are currently being discussed in the world. Keyyang Precision has laid the groundwork for a breakthrough in the development of the Korean automotive industry by self-supporting all 48 components of the turbocharger and designing all the structures directly. Keyyang Precision has been awarded the Iron Tower Order of Merit by the Ministry of Commerce, Industry and Energy in 2014 and has been selected as a World Class 300 company in 2012 and recognized technological power and future growth potential. It also boasts numerous awards and product certifications. Keyyang Precision is expanding its global market in 2022. In order to achieve 12% market share of the global turbocharger market and reach KRW 1.7 trillion in sales, the company opened the US (opening in 2012) and European R & D center, we are spurring a jump.