Daesung Industrial Corporation, established in 1947 with pure national capital, was the matrix of Daesung. Daesung has contributed to the development of the national economy and the lives of the people by taking the lead in the distribution of basic energy, which is the foundation of people’s living, along with the development of energy sources, the driving force of industrial development since its establishment. Starting with basic fuel industries such as briquette and petroleum, the company diversified its business into machinery, electronics, and environmental businesses in the 1980s, and we expanded the business area to the overseas oil field development and construction in the 1990s and to the distribution and service industries, combined heat and power generation business and renewable energy business in the 2000s as the leader of Korean energy history. We have accumulated technology and know-how by turning the crises into opportunities though there have been numerous crises in the past 75 years of our history. Daesung has been doing its best for transparent management despite the rapidly changing wave of the times consistently made the credit as top principle since its establishment. Further to this basis, we want to make a new platform-oriented business which shares knowledge, experience, and technology as a transparent management model. The platform of Daesung refers to the foundation to provide the business and service to each country’s market according to the characteristics of each region of the world. This is the way Daesung realizes the globalization which contributes to each community and grows together in the global market. In addition, we would like to expand overseas market to the United States, China, South America, and the Middle East, and to carry on world market by developing a business model specialized in the market of each country and actively realize customer service satisfaction based on Daesung’s core technology. The business model will be innovated by the cooperating of the members in the company who has youthful enthusiasm and believe that free market is the source of creation at each region in the world, and will continue to pave the way for future growth.Daesung will not be complacent, but will work harder to maintain transparent management. In addition, we will be a company delivering global value and happiness to the customers by practicing the ESG. We will repay your support with ‘constant challenges to create better future in the global market’.
Young-Tae Kim, Chairman Daesung