Hanyang

What Hanyang does

BS Hanyang Inc. is a South Korean diversified conglomerate subsidiary of BS Group (BS그룹), operating across three integrated business verticals: Energy, Housing, and Construction. The Energy division operates the Northeast Asia LNG Hub Terminal for energy trading and distribution, alongside renewable energy generation assets spanning solar (Solaseado solar power plant, floating solar), wind power, and biomass facilities. The Housing division delivers residential housing development (자체/도급 projects) and urban redevelopment (도시정비), while the Construction division executes smart city development, architecture, infrastructure (roads, bridges, utilities), industrial plant construction, and overseas construction projects.

The company serves two principal customer sets: individual homebuyers purchasing residential units through direct model home openings (견본주택), and enterprise clients contracting B2B project-based work for construction and energy infrastructure. Distribution combines a direct sales channel for residential housing with enterprise project contracting for construction and energy, supported by a multi-channel marketing presence (YouTube, Naver Blog, BS Hanyang Magazine, and press release distribution). Pricing for residential units is not publicly disclosed and is likely quote-based, while construction and energy contracts operate on a project-bid basis.

BS Hanyang is headquartered in Cheongna, Seo-gu, Incheon, with a Seoul office in BS Hanyang Tower (Songpa-gu). The company maintains a network of affiliated subsidiaries covering energy (Sujain/수자인), coastal enterprise city development (Seonamhaean), solar (Solaseado/솔라시도), residential development (BS Industries/BS산업), asset management (BS Asset Management), and resort/golf operations (Pine Beach, Pine Hills, Pine Park). Strategic focus areas include new city development in southwest Korea (Gochang and Haenam regions via the Solaseado project), where BS Hanyang is positioning integrated energy-housing-construction developments targeting populations of up to 100,000.

Name

Hanyang

Legal name

BS Hanyang Inc.

Website

https://hycorp.co.kr

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BS Hanyang Inc. is a South Korean conglomerate subsidiary of BS Group operating integrated Energy (LNG terminal, solar/wind/biomass), Housing (residential development, urban redevelopment), and Construction (smart city, architecture, infrastructure, plant) businesses, serving individual homebuyers and enterprise clients across Korea.

Ownership category

akta.pro rank

Product category

Construction & Real Estate Development

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ)

akta.pro secondary industry

Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS) (EUAEAFAJ)

Keywords

• Residential housing development
• LNG terminal operations
• Renewable energy generation
• Construction contracting services
• Urban redevelopment

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Distribution channels2 records

Marketing channels4 records

Core offering

BS Hanyang (BS한양) operates as a diversified South Korean conglomerate delivering integrated solutions across three core verticals: Energy (LNG terminal operations including the Northeast Asia LNG Hub Terminal, plus renewable energy generation through solar, wind, and biomass facilities), Housing (residential development through self-developed/contracted projects and urban redevelopment/도시정비), and Construction (smart city development, architecture, infrastructure including roads and bridges, and industrial plant construction). The company serves both individual residential homebuyers via direct sales and enterprise clients via project-based construction and energy contracts, operating as a core subsidiary of BS Group (BS그룹).

Product overview

BS한양 (BS Hanyang) is a diversified conglomerate operating across three core business areas: Energy, Housing, and Construction. The company offers a portfolio of integrated solutions spanning eco-friendly LNG energy and renewable power generation (solar, wind, biomass), residential housing development and urban redevelopment, and comprehensive construction services including smart cities, architecture, infrastructure, plant construction, and overseas projects. The Energy division includes Eco Energy with the Northeast Asia LNG Hub Terminal, and Renewable Energy with multiple solar, wind, and biomass power generation facilities. The Housing division covers residential development projects and urban renewal. The Construction division provides smart city, architecture, infrastructure, plant, and overseas construction services. The company also publishes BS한양매거진 for news and press releases.

Differentiator

Problem solved

Functional benefit

Products and services

• Eco Energy (Eco 에너지) — Northeast Asia LNG Hub Terminal

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Samsung C&T Corporation: Diversified conglomerate with major construction, engineering, and trading businesses. Overlaps with BS Hanyang across construction and energy infrastructure, though broader in scale and global reach.
• Korea Gas Corporation (KOGAS): Korean state-owned LNG importer and terminal operator. Closest peer to BS Hanyang's Northeast Asia LNG Hub Terminal operations and overall LNG infrastructure positioning.
• Korea Land and Housing Corporation (LH): State-owned Korean housing and urban development corporation. Comparable as a major residential housing developer and new city developer in Korea.

Direct peers

• Hanwha Engineering & Construction: Korean general construction company with residential (Forena brand), plant EPC, and infrastructure. Comparable in diversified construction portfolio.
• GS E&C: Korean construction conglomerate with residential housing (Xi brand), urban redevelopment, infrastructure, and energy-related construction. Comparable in housing-led business model and diversified construction portfolio.
• DL E&C: Korean construction and housing developer (Acro brand) with urban redevelopment focus. Direct peer in residential housing and urban redevelopment (도시정비) markets.
• Hyundai Engineering & Construction: Largest Korean construction company with residential (Hillstate), civil infrastructure, plant, and overseas projects. Direct peer across all three of BS Hanyang's core segments.
• Daewoo E&C: Major Korean construction company with strong residential apartment brand (Prugio), civil infrastructure, and plant construction. Direct competitor in Korean residential housing and urban redevelopment.
• POSCO E&C: Korean general construction and engineering company with residential housing development (The Sharp brand), plant EPC, and infrastructure. Closely comparable in residential housing, infrastructure, and plant construction activities.
• SK Ecoplant: Korean construction and environmental services company with housing development and energy/renewables businesses. Comparable integrated energy-construction-housing model.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCLB0LsVDEV9B5ojXiEHalVg

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hanyang