SHINYANG METAL IND.CO.,LTD.

What SHINYANG METAL IND.CO.,LTD. does

SHINYANG METAL IND.CO.,LTD. (신양금속공업(주)) is a privately held South Korean aluminum extrusion manufacturer founded in 1976 (originally as Inha Metal Industrial, renamed in 1978), headquartered in Ansan-si, Gyeonggi-do. The company operates five business units — EV Lightweight Materials, Solar Photovoltaic, Special Industry, Building Materials, and Overseas Sales — with manufacturing spanning four facilities: the Shihwa Factory (extrusion, coating/finishing, processing, EV components) and Banwol Factory (melting, casting) in Korea, plus Shinyang Metal Vina and Shinyang Metal Korea in Hai Duong Province, Vietnam. Core technology is high-strength aluminum billet extrusion, notably 6000-series alloys used to replace steel automotive components (Battery Pack Assembly, Side Member, Cross Member, Cooling Plate, Bumper Back Beam, Steering Column Shaft, Seat Riser, Side Sill, Roof Rack, CVVT, ABS Block) with claimed 30%+ weight reduction versus steel.

The company serves Tier 1 automotive suppliers and EV manufacturers directly — with a named long-term partnership with Mando Corporation — while distributing construction-materials and architectural aluminum (windows, curtain walls) through a network of 48+ authorized dealers across all major Korean regions. International customers are reached through the Vietnam manufacturing base for export and a separate overseas-sales channel. Pricing is quote-based B2B and not publicly disclosed. The company is family-controlled, with co-representatives Ha Sang-beom and Ha Sang-jin, and has earned the USD 100 Million Export Tower Award (first in the Korean extrusion industry), ISO 14001 environmental certification (renewed through 2024), and multiple Korean government designations including Root Technology Specialized Company status.

Revenue is not publicly disclosed; the company is privately held with no public listing. Ownership remains concentrated within the founding family and no institutional investors or parent company are identified. R&D is conducted through an in-house R&D center operational since 1976 and supplemented by the annual Songcheon Academic Award program launched in 2022. The company's strategic posture emphasizes vertical integration (melting through processing), geographic diversification via Vietnam, and positioning around the EV lightweighting megatrend, while maintaining legacy construction-materials and solar-product lines for revenue stability.

Name

SHINYANG METAL IND.CO.,LTD.

Legal name

신양금속공업(주) (Shinyang Metal Ind.CO.,LTD.)

Website

https://shin-yang.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

SHINYANG METAL IND.CO.,LTD. is a South Korean aluminum extrusion manufacturer (est. 1976) producing high-strength 6000-series aluminum components for EV lightweighting (battery packs, body structures), solar frames, building materials, and industrial customers, with four factories in Korea and Vietnam and direct sales plus a 48+ dealer network.

Ownership category

akta.pro rank

Product category

Aluminum Extrusion Products

NAICS

Other Aluminum Rolling, Drawing, and Extruding (331318), Alumina and Aluminum Production and Processing (3313)

SIC

Primary Production Of Aluminum (3334), Sheet Metal Work (3444)

akta.pro primary industry

Aluminum Extrusion (IMAKACAG)

akta.pro secondary industries

Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems) (IMAKACAM), Aluminum Fabrication & Finishing (Machining, Anodizing, Coating) (IMAKACAI), Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE)

Keywords

• Aluminum extrusion manufacturing
• EV lightweight components
• Solar mounting frames
• Automotive aluminum parts
• Building aluminum profiles

Headquarters

HQ city

Ansan-si, Gyeonggi-do

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Aluminum Extruded Products: Manufacture and sale of aluminum extrusion products for automotive, solar, construction, and special industry applications. Revenue derived from direct product sales to OEM customers and through dealer/distributor network.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SHINYANG METAL IND.CO.,LTD. is an aluminum extrusion manufacturer that produces high-strength aluminum components organized into five business units: EV Lightweight Materials (battery pack assemblies, side members, side sills, bumper back beams, seat risers, steering column shafts, roof racks, CVVT components, ABS blocks), Solar Photovoltaic frames, Special Industry aluminum profiles, Building Materials (windows, curtain walls, architectural profiles), and Overseas Sales. Products are manufactured from melting and casting through extrusion, coating, finishing, and final processing/assembly across facilities in South Korea and Vietnam.

Product overview

SHINYANG METAL IND.CO.,LTD. (신양금속공업) is an aluminum extrusion manufacturing company established in 1976, offering a portfolio of products organized into five core business units: EV Lightweight Materials (EV 경량화), Solar Photovoltaic (태양광), Special Industry (특수산업), Building Materials (건자재), and Overseas Sales (해외영업). The EV Lightweight Materials division is a key focus area, producing battery pack assemblies, body structural components (Steering Column Shaft, Seat Riser, Bumper Back Beam, Side Sill, Roof Rack), and brake/engine components (CVVT Notch & Guide, ABS Block) using high-strength aluminum extrusion technology that achieves over 30% weight reduction compared to traditional steel. The company operates manufacturing facilities in South Korea (시화공장 and 반월공장) and Vietnam (Shinyang Metal Vina and Shinyang Metal Korea).

Differentiator

Problem solved

Functional benefit

Products and services

• EV Lightweight Materials (EV 경량화)

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• IBK Bank (Industrial Bank of Korea)minorGTM or Marketing Partner · 11 December 2023Participated in IBK Art Road public art project at industrial complex to enhance workplace culture and employee well-being.
• Yonsei University Medical Center (연세의료원)minorOthers · 19 June 2023Donated 1 billion KRW to Yonsei Medical Center rehabilitation hospital development and Yonsei Medical School student research fund.
• Mando CorporationcoreStrategic or Co-development Partner · 1 January 1976Long-standing automotive parts supply partnership with Mando Corporation. Designated as Mando-type strong enterprise cultivation target partner company. Supplies aluminum components for automotive applications.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Kaiser Aluminum: U.S.-based aluminum rolled and extruded products manufacturer serving automotive and aerospace. Comparable in automotive lightweighting extrusions and engineered aluminum components, though Kaiser is more aerospace-heavy.
• Arconic: Global aluminum sheet, plate, and extrusion producer serving automotive, aerospace, and construction. Comparable in architectural and automotive lightweighting applications though larger and more diversified.
• Norsk Hydro (Hydro Extrusion): Global integrated aluminum producer with a major extrusion division serving automotive, building, and industrial markets. Comparable EV lightweighting portfolio and architectural extrusions, but operates at significantly larger scale and with captive bauxite/alumina.
• Hindalco Industries (Aditya Birla): India-based integrated aluminum producer (Novelis parent) with extrusion and rolled products serving automotive and construction. Comparable billet-to-finished component vertical integration and EV lightweighting exposure.
• Constellium: Global aluminum products manufacturer specializing in automotive, aerospace, and packaging extrusions and rolled products. Comparable EV battery and structural component portfolio (e.g., battery enclosures) competing with Shinyang for OEM lightweighting sockets.

Direct peers

• Sungwoo Hi-Tech: Korean automotive aluminum extrusion and lightweight parts supplier serving OEMs and Tier 1s including EV structural components. Directly comparable to Shinyang in customer base (Korean/EV OEMs), technology (high-strength aluminum extrusions), and product portfolio (battery housings, structural parts).
• Dongyang S-Tech: Korean automotive aluminum parts and extrusion manufacturer supplying Hyundai-Kia and Tier 1 suppliers. Direct competitor in Korean EV lightweighting extrusion market with comparable product portfolio (battery housings, structural components).
• Lotte Aluminium: Korean aluminum extrusion and fabricated products manufacturer serving automotive, construction, and industrial markets. Comparable vertical integration from billet to finished components and overlapping Korean OEM customer base.
• Aluko (formerly Alukor): Korean aluminum extrusion and architectural profile manufacturer serving construction and industrial markets. Comparable product range (window/curtain wall extrusions, industrial profiles) and Korean dealer-distribution model.

Emerging players

• China Hongqiao Group: World's largest aluminum producer with growing downstream extrusion operations. Competes with Shinyang in construction and industrial extrusion markets globally via cost leadership, and increasingly in automotive lightweighting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/results?search_query=shinyang+metal
• LinkedInlinkedin.com/company/shinyangmetal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 SHINYANG METAL IND.CO.,LTD.