What Changdae Precision does

Changdae Precision (주식회사 창대정밀) is a South Korean plastic injection mold manufacturer founded in 1999 and headquartered in Hwaseong-si, Gyeonggi-do. The company operates a one-stop service model spanning mold design using SIEMENS NX 3D CAD, CNC machining, EDM processing, trial injection testing, and serial production. Its product portfolio is organized around three end-use segments: automotive interior and exterior components (D pillar trim, tailgate scuff trim, consoles, glove boxes, bumpers, headlamp housings, grilles, garnishes), TV and monitor structural components (stand necks, cover-fronts and rears, mold frames), and home appliance parts (washing machine drums and lids, air conditioner ducts and filters). The proprietary technology base includes CELL-MOLD, STACK-MOLD, 3C-MOLD, Steam+Heat Transfer Composite, and Double Injection molding processes, supported by 7 granted patents and 9 utility model registrations. Quantified performance claims include 20-25% weight reduction and bending improvement from 2.5-5.0mm to 1.0-2.5mm. The company is a registered Tier 1 supplier to Hyundai Motor, KIA, Hyundai Mobis, Hyundai WIA, GM (E8 status), Ford, Samsung Electronics, Hanon Systems, Doowon Climate Control, Hansol Technics, and SK ON.

The business model is B2B direct sales to large enterprise OEMs with project-based, quote-driven pricing and multi-year contract cadence; revenue mechanics center on one-time mold design and build engagements rather than recurring licensing. Go-to-market relies on direct enterprise relationships and accumulated OEM partner registrations rather than marketing channels. Production is split between the Korean headquarters and the wholly-owned Vietnam subsidiary Changdae Vina (established 2011), located at AMATA Industrial Park in Dong Nai Province. Manufacturing capacity includes 28 injection machines (largest 2,500-ton LS MTRON), 22 CNC machining centers, and 34 CAD design seats. Quality management is anchored by ISO 9001 (2003), ISO 14001, and IATF 16949 (2022) certifications.

The company operates as a closely-held Korean stock corporation (주식회사) with no external private equity or venture capital identified in available sources; the 2024 conversion to electronic securities under the Electronic Securities Act suggests preparation for formalized capital activity. The leadership team is led by CEO Park Sun-min (박순민). Ownership appears to be founder- or family-controlled given the absence of disclosed investment rounds. Operating geographies are East Asia (South Korea) and Southeast Asia (Vietnam), with customer reach extending globally through Hyundai, KIA, GM, and Ford Tier 1 partnerships.

Name

Changdae Precision

Legal name

주식회사 창대정밀

Website

https://i-changdae.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Changdae Precision is a Korean plastic injection mold manufacturer (founded 1999) providing one-stop mold design, production, and trial injection services for automotive, TV/monitor, and home appliance OEMs. It serves Hyundai, KIA, Samsung, GM, and Ford as a registered Tier 1 supplier from Korean and Vietnamese facilities.

Ownership category

akta.pro rank

Product category

Plastic Injection Mold Manufacturing

NAICS

Plastics Product Manufacturing (3261), Motor Vehicle Parts Manufacturing (3363)

SIC

Plastics Products, Nec (3089), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Custom Injection Molding & Contract Manufacturing (Job Shops/CMs) (IMANAFAJ)

akta.pro secondary industry

Electrical & Electronics Injection Molded Components (Connectors, Housings) (IMANAFAD)

Keywords

• Plastic injection molding
• Injection mold design
• Automotive mold manufacturing
• Trial injection services
• Home appliance molds

Headquarters

HQ city

Gyeongju

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Injection Mold Manufacturing: Design, production, and trial injection services for plastic injection molds. Provides ONE-STOP service from 3D design through mold manufacturing to trial production for automotive interior/exterior parts, TV/Monitor components, and home appliance products.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Changdae Precision designs, manufactures, and validates plastic injection molds under a one-stop service model spanning 3D CAD design, mold production, and trial injection. Its products serve automotive interior and exterior components (D pillar trim, console, glove box, bumper, lamp housing, grille), TV and monitor parts (stand neck, cover rear, mold frame), and home appliance components (washing machine drum tubs, lids, air conditioner ducts and filters). Production is split between its Korean headquarters in Hwaseong-si and its Vietnamese subsidiary Changdae Vina, supplying Tier 1 to OEMs such as Hyundai, KIA, Samsung, GM, and Ford.

Product overview

Changdae Precision operates as a plastic injection mold manufacturing company offering a one-stop service encompassing mold design, production, and trial injection testing. The company's product portfolio centers on injection-molded plastic components across three main categories: automotive interior and exterior parts (including D pillar trim, console, bumper components, glove box, head lamp housing, and grille), consumer electronics (TV and monitor stand and cover components), and home appliances (washing machine drums and lids, air conditioning duct and filter components). Operations are conducted through two facilities - Changdae Precision in South Korea and its subsidiary Changdae Vina in Vietnam - which together provide comprehensive manufacturing capabilities from design through final production using advanced technologies such as CELL-MOLD, 3C-Molding, and double injection molding processes.

Differentiator

Problem solved

Functional benefit

Brands

• 창대비나 (Changdae Vina): Vietnam-based mold manufacturing and injection molding subsidiary established in 2011, operating under CPMS system for strict quality production
• CELL MOLD
• 3C Molding

Products and services

• Injection Mold Design, Production, and Trial Injection Service End-to-end plastic injection mold manufacturing service covering 3D CAD/CAE design, CNC machining, EDM processing, quality measurement, and trial injection testing. Serves automotive OEMs, electronics manufacturers, and home appliance makers requiring custom tooling.
• Automotive Interior Molds

Quantifiable outcome

• 20-25% weight reduction in automotive components
• +3 more outcomes

Named customers11 records

Segments2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Regional players

• Sung Shin Mold (성신금형): Korean precision mold manufacturer supplying automotive and electronics OEMs. Comparable in mold-design-plus-injection service model and Korean OEM customer base, though smaller and less diversified into Vietnam operations.

Broad incumbents

• Samvardhana Motherson: Indian-headquartered global Tier 1 automotive plastic modules and components supplier with broad OEM coverage. Comparable end-market and injection molding focus, but operates at vastly larger scale across multiple geographies.
• Plastic Omnium: French global Tier 1 supplier of automotive exterior plastic modules and clean energy systems. Comparable automotive plastic exterior focus but at substantially greater scale and geographic breadth.
• Faurecia (FORVIA): French global automotive interior and lightweighting specialist. Comparable customer base across global OEMs and overlapping lightweight plastic component focus, though at much larger scale with broader product portfolio.

Direct peers

• Sungwoo Hitech: Korean Tier 1 automotive parts maker specializing in plastic injection molded interior/exterior components for Hyundai/KIA and global OEMs. Directly comparable in end-market exposure, customer overlap, and injection molding focus.
• Hwashin: Korean automotive plastic parts manufacturer focused on exterior modules and bumpers for Hyundai/KIA and global OEMs. Comparable injection molding capabilities and customer roster with overlapping lightweighting focus.
• Hanil E-Hwa: Korean automotive interior plastics specialist supplying instrument panels, consoles, and trim to Hyundai/KIA. Closely comparable product mix (interior injection molded parts), customer base, and contract-manufacturing model.
• Seoyon E-Hwa: Major Korean automotive interior plastic parts and mold manufacturer supplying Hyundai Motor Group and other OEMs. Comparable as a contract injection molder with proprietary mold technology and Tier 1 status with the same Korean chaebol customers.
• Myoung Shin (MS Autotech): Korean Tier 1 supplier of large automotive exterior plastic modules (bumpers, fenders) and assemblies for global OEMs. Comparable in injection molding scale, automotive exterior focus, and Tier 1 OEM relationships.
• Dong-A Hwa Sung: Korean injection molder producing automotive interior/exterior parts and home appliance components. Comparable vertical segmentation across automotive and consumer appliance injection molding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Changdae Precision