Mugunghwa Information Technology is a capacitor specialist established in 1967, primarily engaged in the manufacturing and sales of MF, MS, and low-voltage power factor correction capacitors. The company has expanded its business into the financial IT industry through the acquisition and merger of Fin-Tech company ITSCO, securing capabilities in capital market financial solution development and supply. Through continuous research and development, it provides core components for electrical, electronic, and energy sectors, and contributes to enhancing capital market efficiency with financial IT solutions. It is a company growing in both domestic and international markets based on its technical expertise and innovative solutions.MugunghwaInformationTechnologyisacapacitorspecialistestablishedin1967,primarilyengagedinthemanufacturingandsalesofMF,MS,andlow-voltagepowerfactorcorrectioncapacitors.ThecompanyhasexpandeditsbusinessintothefinancialITindustrythroughtheacquisitionandmergerofFin-TechcompanyITSCO,securingcapabilitiesincapitalmarketfinancialsolutiondevelopmentandsupply.Throughcontinuousresearchanddevelopment,itprovidescorecomponentsforelectrical,electronic,andenergysectors,andcontributestoenhancingcapitalmarketefficiencywithfinancialITsolutions.Itisacompanygrowinginbothdomesticandinternationalmarketsbasedonitstechnicalexpertiseandinnovativesolutions.
Key Products/TechnologiesKeyProducts/Technologies
Electrolytic Capacitors: Products converting AC voltage to DC voltage in DC power circuits or inverter circuits.ElectrolyticCapacitors:ProductsconvertingACvoltagetoDCvoltageinDCpowercircuitsorinvertercircuits.
Equipment Capacitors (DAL & DAO Series): Products that improve motor power factor, reduce power consumption, and increase motor rotational force, primarily used in electrical equipment.EquipmentCapacitors(DAL&DAOSeries):Productsthatimprovemotorpowerfactor,reducepowerconsumption,andincreasemotorrotationalforce,primarilyusedinelectricalequipment.
Starting Capacitors: Products facilitating the starting of single-phase motors, leading to smaller motors and reduced power waste.StartingCapacitors:Productsfacilitatingthestartingofsingle-phasemotors,leadingtosmallermotorsandreducedpowerwaste.
Low-Voltage Power Factor Correction Capacitors (DLE-Series N1-Type, E-Type): Components minimizing reactive power (power factor correction) to prevent electrical energy loss, with a maximum allowable overcurrent within 130% of the rated current and a loss rate within 0.15%.Low-VoltagePowerFactorCorrectionCapacitors(DLE-SeriesN1-Type,E-Type):Componentsminimizingreactivepower(powerfactorcorrection)topreventelectricalenergyloss,withamaximumallowableovercurrentwithin130%oftheratedcurrentandalossratewithin0.15%.
Financial Engineering Valuation Engine (FDK): A financial engineering engine for valuing stocks, bonds, currencies, credit, general commodities, and derivatives based on these underlying assets.FinancialEngineeringValuationEngine(FDK):Afinancialengineeringengineforvaluingstocks,bonds,currencies,credit,generalcommodities,andderivativesbasedontheseunderlyingassets.
Capital Market Support System (Symphony G2): An integrated IT system supporting the entire lifecycle of capital market financial products from Front Office to Middle Office and Back Office.CapitalMarketSupportSystem(SymphonyG2):AnintegratedITsystemsupportingtheentirelifecycleofcapitalmarketfinancialproductsfromFrontOfficetoMiddleOfficeandBackOffice.
Capital Market Risk Management System (Symphony RISK): A solution for measuring and managing risks of capital market products.CapitalMarketRiskManagementSystem(SymphonyRISK):Asolutionformeasuringandmanagingrisksofcapitalmarketproducts.
Initial Margin Solution (Symphony SIMM/MM): A solution for calculating and managing initial margins for OTC derivative transactions.InitialMarginSolution(SymphonySIMM/MM):AsolutionforcalculatingandmanaginginitialmarginsforOTCderivativetransactions.
Core AdvantagesCoreAdvantages
Long History and Expertise: Over 50 years of accumulated technology and know-how in capacitor manufacturing since its establishment in 1967.LongHistoryandExpertise:Over50yearsofaccumulatedtechnologyandknow-howincapacitormanufacturingsinceitsestablishmentin1967.
Continuous Research and Development: Possessing continuous R&D capabilities for capacitor technologies used in various fields including electrical, electronic, and energy.ContinuousResearchandDevelopment:PossessingcontinuousR&Dcapabilitiesforcapacitortechnologiesusedinvariousfieldsincludingelectrical,electronic,andenergy.
Financial IT Business Expansion and Integrated Solution Provision: Expansion into the financial IT business through the acquisition and merger of Fin-Tech company ITSCO, uniquely providing an integrated IT system and solution lineup covering all capital market operations in Korea.FinancialITBusinessExpansionandIntegratedSolutionProvision:ExpansionintothefinancialITbusinessthroughtheacquisitionandmergerofFin-TechcompanyITSCO,uniquelyprovidinganintegratedITsystemandsolutionlineupcoveringallcapitalmarketoperationsinKorea.
Acquisition of Various International Certifications: Obtained numerous domestic and international quality and environmental certifications such as KS, UL, CE, ISO 9001, ISO 14001, and CQC, ensuring product reliability and quality competitiveness.AcquisitionofVariousInternationalCertifications:ObtainednumerousdomesticandinternationalqualityandenvironmentalcertificationssuchasKS,UL,CE,ISO9001,ISO14001,andCQC,ensuringproductreliabilityandqualitycompetitiveness.
OTC Derivatives Expertise: Possessing unique technology through Symphony, the only specialized OTC derivatives software in Korea, supporting all operations for capital market products traded over-the-counter on a single platform.OTCDerivativesExpertise:PossessinguniquetechnologythroughSymphony,theonlyspecializedOTCderivativessoftwareinKorea,supportingalloperationsforcapitalmarketproductstradedover-the-counteronasingleplatform.
Broad Customer Base: Secured a stable business foundation by acquiring various financial institutions as clients, including domestic and international investment banks, securities firms, commercial banks, insurance companies, and the Korea Exchange.BroadCustomerBase:Securedastablebusinessfoundationbyacquiringvariousfinancialinstitutionsasclients,includingdomesticandinternationalinvestmentbanks,securitiesfirms,commercialbanks,insurancecompanies,andtheKoreaExchange.
Target IndustrieTargetIndustrie
Electrical Industry: Applying capacitor products in power systems and electrical equipment.ElectricalIndustry:Applyingcapacitorproductsinpowersystemsandelectricalequipment.
Electronic Industry: Supplying capacitors as core components for various electronic devices and products.ElectronicIndustry:Supplyingcapacitorsascorecomponentsforvariouselectronicdevicesandproducts.
Energy Industry: Providing capacitor solutions for improving power efficiency and preventing energy loss.EnergyIndustry:Providingcapacitorsolutionsforimprovingpowerefficiencyandpreventingenergyloss.
Financial IT Industry: Offering capital market financial solutions to financial institutions such as investment banks, securities firms, banks, and insurance companies.FinancialITIndustry:Offeringcapitalmarketfinancialsolutionstofinancialinstitutionssuchasinvestmentbanks,securitiesfirms,banks,andinsurancecompanies.
Capital Markets: Utilized across the entire capital market through integrated IT systems supporting Front Office, Middle Office, and Back Office operations.CapitalMarkets:UtilizedacrosstheentirecapitalmarketthroughintegratedITsystemssupportingFrontOffice,MiddleOffice,andBackOfficeoperations.
Major MarketsMajorMarkets
South Korea, Japan (based on Nomura client)SouthKorea,Japan(basedonNomuraclient)
Germany (based on Deutsche Bank client), France (based on Societe Generale client), Switzerland (based on UBS, CSFB clients), Netherlands (based on ABN Amro client)Germany(basedonDeutscheBankclient),France(basedonSocieteGeneraleclient),Switzerland(basedonUBS,CSFBclients),Netherlands(basedonABNAmroclient)
United States (based on Goldman Sachs, BoA clients)UnitedStates(basedonGoldmanSachs,BoAclients)
Certifications/PatentsCertifications/Patents
KS Certification: Korean Industrial Standards certification, guaranteeing product quality and safety.KSCertification:KoreanIndustrialStandardscertification,guaranteeingproductqualityandsafety.
UL Certification: US safety standard certification, essential for entering the North American market.ULCertification:USsafetystandardcertification,essentialforenteringtheNorthAmericanmarket.
CE Certification (TUV Rheinland): European Union conformity certification, required for exporting to the European market.CECertification(TUVRheinland):EuropeanUnionconformitycertification,requiredforexportingtotheEuropeanmarket.
ISO 9001 Certificate: International standard certification for quality management systems, demonstrating consistent quality control capabilities.ISO9001Certificate:Internationalstandardcertificationforqualitymanagementsystems,demonstratingconsistentqualitycontrolcapabilities.
ISO 14001 Certificate: International standard certification for environmental management systems, indicating an environmentally friendly management system.ISO14001Certificate:Internationalstandardcertificationforenvironmentalmanagementsystems,indicatinganenvironmentallyfriendlymanagementsystem.
CQC Certification: China Quality Certification, necessary for entering the Chinese market.CQCCertification:ChinaQualityCertification,necessaryforenteringtheChinesemarket.
Patent Acquisition (Patent No.0518627): Possessing a technology patent for electric double-layer capacitors and their manufacturing method.PatentAcquisition(PatentNo.0518627):Possessingatechnologypatentforelectricdouble-layercapacitorsandtheirmanufacturingmethod.
Patent Acquisition (No.343929): Possessing a Chinese utility model patent for electronic whiteboards.PatentAcquisition(No.343929):PossessingaChineseutilitymodelpatentforelectronicwhiteboards.
Introduction
Location
59 Munmakgongdan-gil, Munmak-eup, Weonju, Gangwon-do, South Korea
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Information
59 Munmakgongdan-gil, Munmak-eup, Weonju, Gangwon-do, South Korea