VINA Technologies

About VINA Technologies

VINA Tech, established in 1999 by CEO Sung Do-kyung, operates as a specialized manufacturer in the eco-friendly energy sector. The company is publicly traded, having been listed on the KOSDAQ in 2020. VINA Tech's core business revolves around the research, development, and production of supercapacitors and core components for hydrogen fuel cells.

The company's product portfolio is segmented into two main areas. The first is supercapacitors, also known as Electric Double Layer Capacitors (EDLC), which are energy storage devices. VINA Tech manufactures a range of these products, including their Hy-Cap and NEO brands, as well as Hybrid Lithium capacitors (VPC) which feature low self-discharge rates. The second business line focuses on hydrogen fuel cell components. This includes manufacturing catalyst supports, catalysts, and Membrane Electrode Assemblies (MEA) for both Proton-Exchange Membrane Fuel Cells (PEMFC) and Direct-Methanol Fuel Cells (DMFC). These components are designed for various applications, including stationary and vehicle use.

VINA Tech serves a global market, with key markets in China, Germany, Japan, and the U.S.A. Its products are utilized in diverse sectors such as mobility (electric cars, trams), smart grids, and military applications. The business model is centered on B2B manufacturing and direct sales of these specialized components. The company operates from its headquarters in Jeonju, South Korea, and has production facilities in Wanju, South Korea, and Vietnam. To fund further expansion of its production lines for hydrogen fuel cells and supercapacitors, the company recently announced plans to issue KRW 27 billion in permanent bonds.