Hyojin Autotech

About Hyojin Autotech

In 1977, a company was founded in Hwaseong, South Korea, that would become a key player in the country's automotive industry. This company, Hyojin Autotech, started out with precision single-piece machining. It grew to supply crucial equipment for mass-producing high-quality automobiles, such as assembly jigs and inspection fixtures, to manufacturers both within Korea and globally. In January 2012, a significant leadership change occurred when Kim Ki-young took office as the new CEO. Under his direction, the company expanded its international footprint, establishing branches in China and Japan. The company's focus also broadened beyond traditional auto parts. A pivotal moment came in 2018 and 2019 when Hyojin Autotech began venturing into the hydrogen energy and carbon recycling industries, securing government projects and forming a joint venture in Thailand. This strategic shift demonstrated a forward-looking vision toward environmental technology. By October 2022, the company had attracted venture capital funding from investors including Korea Investment & Securities and the Industrial Bank of Korea, signaling strong confidence in its new direction.