Groundbreaking for electrolyte plant in Tennessee, USA
Selected as the national project for development of
lithium iron phosphate batteries
Completed Dongwha R&D Center
Established a US subsidiary
Completed Electrolyte/
NMP Recycling Plant in Soskut, Hungary
Changed the company name to Dongwha Electrolyte Co., Ltd.
Established a Hungarian subsidiary
Completed 2nd Tianjin Plant construction in China
Acquired Dongwha Enterprise, Panax Etec Co., Ltd.
Acquired IATF 16949 certification for Malaysian subsidiary
Acquired IATF 16949 certification for Tianjin subsidiary
Acquired certification for an excellent company for
job invention reward (Korean Intellectual Property Office).
Completed Johor Electrolyte Plant constrution in Malaysia
Designated as a World Class 300 company
(Small and Medium Business Administration)
Acquired TS 16949 certification
Established a local subsidiary in Malaysia.
Completed Nonsan Plant construction in South Korea
Completed 1st Tianjin Plant construction in China
Acquired ISO quality certification
Acquired Technology Innovation SME (INNO-BIZ)/
Acquired Venture company certification
Established Panax Etec Co., Ltd.
Established a subsidiary research institute
First shipment of electrolyte (mass production)
Completed electrolyte plant construction
(154-14, Hoedong-dong, Busan, South Korea)
Established Wook Sung Electronics Ltd. in Tianjin, China
MOU for acquisition of electrolyte business (Cheil Industries)