Yushin Precision Industrial Co., Ltd. is a mid-sized automotive parts specialist with 49 years of history, recognized as one of the world's top four companies in producing high-carbon steel heat-treated products like Snap Rings and Drive Plates. The company holds significant technological capabilities, successfully localizing key automatic transmission sub-components such as Drive Plates, Cushion Plates, Hose Clamps, and One-piece Ring Gears. Its operations are based on precision machining technology and a stable domestic and international supply chain, providing essential components to the automotive and industrial machinery sectors.YushinPrecisionIndustrialCo.,Ltd.isamid-sizedautomotivepartsspecialistwith49yearsofhistory,recognizedasoneoftheworld'stopfourcompaniesinproducinghigh-carbonsteelheat-treatedproductslikeSnapRingsandDrivePlates.Thecompanyholdssignificanttechnologicalcapabilities,successfullylocalizingkeyautomatictransmissionsub-componentssuchasDrivePlates,CushionPlates,HoseClamps,andOne-pieceRingGears.Itsoperationsarebasedonprecisionmachiningtechnologyandastabledomesticandinternationalsupplychain,providingessentialcomponentstotheautomotiveandindustrialmachinerysectors.
Key Products/TechnologiesKeyProducts/Technologies
The main product lineup includes Snap Rings, Drive Plates, Cushion Plates, Hose Clamps, Disc Springs, Washers, Return Springs, and Shims. The company specializes in manufacturing automotive transmission and engine components using high-carbon steel heat treatment technology. Notably, it has successfully localized automatic transmission sub-components such as Drive Plates, Cushion Plates, and Hose Clamps. A significant technological achievement is the successful localization of One-piece Ring Gears through a new manufacturing method, a first for a Korean company. The Namdong Plant boasts an annual production capacity of 113 million Snap Rings, 78 million Washers/Spacers, 3 million Drive Plates, and 2 million Return Springs. The Dangjin Plant's annual production capacity includes 150 million Hose Clamps, 50 million Double Wrap Clamps, 10 million Hose Clips, and 6 million Module Clips.ThemainproductlineupincludesSnapRings,DrivePlates,CushionPlates,HoseClamps,DiscSprings,Washers,ReturnSprings,andShims.Thecompanyspecializesinmanufacturingautomotivetransmissionandenginecomponentsusinghigh-carbonsteelheattreatmenttechnology.Notably,ithassuccessfullylocalizedautomatictransmissionsub-componentssuchasDrivePlates,CushionPlates,andHoseClamps.AsignificanttechnologicalachievementisthesuccessfullocalizationofOne-pieceRingGearsthroughanewmanufacturingmethod,afirstforaKoreancompany.TheNamdongPlantboastsanannualproductioncapacityof113millionSnapRings,78millionWashers/Spacers,3millionDrivePlates,and2millionReturnSprings.TheDangjinPlant'sannualproductioncapacityincludes150millionHoseClamps,50millionDoubleWrapClamps,10millionHoseClips,and6millionModuleClips.
Core process technologies involve pressing, high-frequency heat treatment, and shot peening techniques. The company's precision machining capabilities, including high-precision CNC machining and a multi-product small-batch production system, enable the supply of diverse automotive parts. Consistent investment of over 1 billion KRW annually in research and development (R&D) drives the creation of new manufacturing methods and advanced technologies.Coreprocesstechnologiesinvolvepressing,high-frequencyheattreatment,andshotpeeningtechniques.Thecompany'sprecisionmachiningcapabilities,includinghigh-precisionCNCmachiningandamulti-productsmall-batchproductionsystem,enablethesupplyofdiverseautomotiveparts.Consistentinvestmentofover1billionKRWannuallyinresearchanddevelopment(R&D)drivesthecreationofnewmanufacturingmethodsandadvancedtechnologies.
Core AdvantagesCoreAdvantages
A strong market position as one of the world's top four companies in automotive parts such as Snap Rings and Drive Plates.Astrongmarketpositionasoneoftheworld'stopfourcompaniesinautomotivepartssuchasSnapRingsandDrivePlates.
Proprietary technology for the successful localization of high-carbon steel heat-treated products like Drive Plates, Cushion Plates, Hose Clamps, and One-piece Ring Gears, previously reliant on imports.Proprietarytechnologyforthesuccessfullocalizationofhigh-carbonsteelheat-treatedproductslikeDrivePlates,CushionPlates,HoseClamps,andOne-pieceRingGears,previouslyreliantonimports.
Commitment to flawless quality through the Single PPM quality innovation movement, resulting in a 60% reduction in process defect rates (from 1834 ppm to 739 ppm) and an 80% reduction in delivery defect rates (from 40 ppm to 8 ppm).CommitmenttoflawlessqualitythroughtheSinglePPMqualityinnovationmovement,resultingina60%reductioninprocessdefectrates(from1834ppmto739ppm)andan80%reductionindeliverydefectrates(from40ppmto8ppm).
Establishment of a stable domestic and international supply chain through long-term relationships with major domestic finished vehicle manufacturers like Hyundai and Kia, and global Tier 1 suppliers such as GM and BorgWarner.Establishmentofastabledomesticandinternationalsupplychainthroughlong-termrelationshipswithmajordomesticfinishedvehiclemanufacturerslikeHyundaiandKia,andglobalTier1supplierssuchasGMandBorgWarner.
Global manufacturing and supply network with domestic facilities in Incheon, Dangjin, and Gunsan, and overseas production bases in China (Qingdao, Wuxi, Yancheng), India, Poland, and Mexico.GlobalmanufacturingandsupplynetworkwithdomesticfacilitiesinIncheon,Dangjin,andGunsan,andoverseasproductionbasesinChina(Qingdao,Wuxi,Yancheng),India,Poland,andMexico.
Precision machining technology, high-precision CNC machining, and a multi-product, small-batch production system for customized component supply capabilities.Precisionmachiningtechnology,high-precisionCNCmachining,andamulti-product,small-batchproductionsystemforcustomizedcomponentsupplycapabilities.
Target IndustrieTargetIndustrie
Automotive Industry: Supply of various critical automotive components, including transmission, engine parts, and brake system components.AutomotiveIndustry:Supplyofvariouscriticalautomotivecomponents,includingtransmission,engineparts,andbrakesystemcomponents.
Industrial Machinery and Robotics Industry: Diversification of business into industrial machinery and robot components beyond automotive parts.IndustrialMachineryandRoboticsIndustry:Diversificationofbusinessintoindustrialmachineryandrobotcomponentsbeyondautomotiveparts.
Major MarketsMajorMarkets
South Korea, China (Qingdao, Wuxi, Yancheng), IndiaSouthKorea,China(Qingdao,Wuxi,Yancheng),India
PolandPoland
United States (exports to GM North America), MexicoUnitedStates(exportstoGMNorthAmerica),Mexico
Certifications/PatentsCertifications/Patents
Quality Management System Certification: IATF 16949:2016 (Automotive Quality Management System).QualityManagementSystemCertification:IATF16949:2016(AutomotiveQualityManagementSystem).
Environmental Management System Certification: ISO 14001:2015.EnvironmentalManagementSystemCertification:ISO14001:2015.
Occupational Health and Safety Management System Certification: OHSAS 18001:2007.OccupationalHealthandSafetyManagementSystemCertification:OHSAS18001:2007.
Possession of a total of 16 patents (10 patents, 3 utility models, 3 design rights).Possessionofatotalof16patents(10patents,3utilitymodels,3designrights).
Designation as a WORLD CLASS 300 company in 2015.DesignationasaWORLDCLASS300companyin2015.