What JoongAng Advanced Materials does

JoongAng Advanced Materials (중앙첨단소재) is a Korean technology company founded in 1999 operating across six business divisions: new materials (LiPF6 electrolyte raw material for secondary batteries), automotive electronics (vehicle integrated information systems for rail), communications (LTE-R train wireless and KTCS-2 signaling), public safety (monitoring, forestry wireless, aviation communications), defense (AI radar, military transceivers, software, MRO services), and construction materials (PVC extrusion with 40+ years of know-how). The company serves the Korean secondary battery supply chain through a strategic joint venture — EDL with Enchem, the global #1 electrolyte specialist — building what it describes as the world's largest single-factory LiPF6 production facility at the Saemangeum Battery Specialization Complex, with Phase 1 capacity of 50K tons/year scaling to 100K tons/year. Customers include the K-battery 3 (Samsung SDI, LG Energy Solution, SK On), Korean rail operators, and government/defense agencies.

The business model is predominantly B2B direct enterprise sales across six discrete divisions, with revenue generated from LiPF6 manufacturing and distribution (new materials), hardware sales across rail electronics, communications, public safety, defense, and construction materials, plus software and MRO services in the defense segment. GTM is enterprise field sales supported by a company website, IR materials, and the Enchem global electrolyte supply chain for the new materials franchise. AI capability is delivered primarily through external partnerships with Selvas AI (rail mobility), Polaris AI (edge AI rail), and Blatera (UK, border security), supplemented by an in-house AI close-range surveillance radar product line.

Headquartered in Anyang-si, Gyeonggi Province with a factory in Seongnam-si, the company reports 90+ employees and revenue exceeding 190 billion KRW. Certifications include ISO 9001, ISO 14001, and ISO 22163 (IRIS) for rail equipment, plus Korean Innobiz innovation certification and multiple patents. Recent strategic activity (early 2026) centers on AI-integrated rail, drone industry expansion, and international defense technology partnerships, indicating an active pivot toward higher-margin, software-augmented offerings on top of the existing industrial base.

Name

JoongAng Advanced Materials

Legal name

JoongAng Advanced Materials

Website

https://joongangdnm.co.kr

Company type

Private

Founded year

1999

Operating status

Operating

Ownership category

akta.pro rank

Product category

Battery Materials & Industrial Systems

NAICS

Battery Manufacturing (335910), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Electrical Equipment Manufacturing (3353)

SIC

Industrial Inorganic Chemicals (2810), Chemicals & Allied Products (2800), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery & Energy Storage High-Purity Chemicals (Electrolyte salts/solvents, additives) (IMAEAKAM)

akta.pro secondary industries

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ)

Keywords

• Lithium battery materials
• Railway communication systems
• Defense radar equipment
• Construction building materials
• Electrolyte raw materials

Headquarters

HQ city

Anyang-si (안양시)

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. 리튬염(LiPF6) 제조 및 유통: 이차전지 전해액의 핵심원료인 리튬염(LiPF6) 제조 및 글로벌 유통. 엔켐 전략적 협력 통해 공급망 구축. 25년 완공 예정인 EDL(엔켐 JV) 공장 통해 글로벌 리튬염 공급.
2. 전장사업부 제품: 차상 통합정보시스템(PA/PIS/CCTV), 무정전 무선방송 조명장치 등 차량용 전자제품.
3. 통신사업부 제품: LTE-R 열차무선통신시스템, KTCS-2 차상신호장치 등 철도 통신/신호 솔루션.
4. 공공사업부 제품: 종합 관제 시스템, 산림 무선 통신망, 항공기용 통신 장치 등 공공안보 솔루션.
5. 방산사업부 제품: 레이더 시스템, 소프트웨어, MRO 서비스, 전투원용 무전기 등 방산 제품.
6. 건자재사업부 제품: 40여년 PVC압출 기술 기반 건자재 제품.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

JoongAng Advanced Materials manufactures and distributes lithium hexafluorophosphate (LiPF6), a core electrolyte raw material for secondary (lithium-ion) batteries, through the world's largest single-factory LiPF6 production facility at the Saemangeum Battery Specialization Complex via its EDL joint venture with Enchem. In parallel, the company supplies industrial systems across five divisions: automotive electronics (in-vehicle PA/PIS/CCTV and uninterruptible wireless broadcasting lighting), railway communications (LTE-R train wireless and KTCS-2 on-board signaling), public safety (monitoring, forestry wireless, aircraft communications), defense (AI radar, military transceivers, software, MRO), and construction materials (PVC extrusion products).

Product overview

JoongAng Advanced Materials operates as a multi-business platform company with two core pillars: (1) New Materials/Battery segment centered on LiPF6 (lithium hexafluorophosphate) electrolyte material for secondary batteries, manufactured through the world's largest single-factory facility via the EDL joint venture with Enchem in Saemangeum; and (2) Five industrial technology divisions serving railway/transit (automotive electronics and communications), public safety (monitoring systems), defense (AI radar, transceivers, software, MRO), and construction materials. The product portfolio spans from battery core materials to integrated systems for rail, public infrastructure, and defense applications.

Differentiator

Problem solved

Functional benefit

Products and services

• LiPF6 (Lithium Hexafluorophosphate) Core electrolyte raw material (lithium salt) for lithium-ion secondary batteries. Manufactured in-house and distributed via the EDL joint venture with Enchem, serving cell makers and global battery OEMs.
• Vehicle Integrated Information System (PA/PIS/CCTV) In-vehicle integrated information system providing public address, passenger information display, and closed-circuit television for railway and transit vehicles.
• Uninterruptible Wireless Broadcasting Lighting Device Emergency wireless broadcasting and lighting device for vehicles, ensuring continuous communication capabilities during power interruptions.
• LTE-R Train Wireless Communication System Railway wireless communication system based on LTE-R technology for train-to-ground communications.
• KTCS-2 On-board Signal Device (LTE-R) Korean Train Control System type 2 (KTCS-2) on-board signal equipment integrated with LTE-R for enhanced railway safety and control.
• Comprehensive Monitoring System Integrated monitoring and control system for public safety applications, leveraging latest technologies for efficient surveillance.
• Forestry Wireless Communication Network Wireless communication infrastructure for forestry and environmental monitoring applications.
• Aircraft Communication Device Communication systems designed for aircraft applications in the public safety sector.
• AI-Based Close-Range Surveillance Radar System AI-based radar solution for close-range surveillance and defense/security applications.
• Military Transceiver Two-way radio transceivers designed for military personnel use.
• PVC Construction Materials Building materials based on 40+ years of PVC extrusion technology for the construction industry.

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• 셀바스AI (SelvasAI)minorStrategic or Co-development Partner · 12 March 2026AI 기반 미래 철도 모빌리티 사업 가속화를 위한 MOU 체결 (2026.03). 철도 모빌리티 분야 AI 기술 협력.
• 한국대드론산업협회minorStrategic or Co-development Partner · 3 March 2026한국대드론산업협회와 MOU 체결 (2026.03). 드론 산업 관련 기술 및 사업 협력.
• 폴라리스AI (PolarisAI)minorStrategic or Co-development Partner · 12 February 2026엣지 AI 기반 철도 지능화 사업 협력 MOU 체결 (2026.02). 엣지 AI 기술 활용 철도 지능화.
• 엔켐 (Enchem)coreStrategic or Co-development Partner글로벌 1위 전해액 전문 기업 엔켐와 전략적 협력. 리튬염(LiPF6) 유통 및 제조. 전해액 핵심원재료 사업 진행. 엔켐의 월드와이드 전해액 공급망 활용.
• EDL (엔켐 JV)coreStrategic or Co-development Partner엔켐와 합작한 JV. 새만금 이차전지특화단지 EDL Project 개발. 단일 공장 세계 최대 리튬염 제조 공장 건설. 25년 완공 예정, 연간 50K~100K톤 생산능력 목표.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Enchem: Global #1 electrolyte manufacturer and JoongAng's strategic JV partner in the EDL Project. Strongly comparable as both produce electrolyte-related chemicals and have overlapping ambitions in the LiPF6 supply chain for K-battery customers.
• Do-Fluoride Chemicals: Major Chinese LiPF6 producer with large-scale operations. Comparable in LiPF6 chemistry and scale ambitions, competing for the same electrolyte/cell manufacturer customers globally.
• Stella Chemifa: Japanese fluorine and LiPF6 producer with established global supply relationships. Directly competes in LiPF6 with comparable customer base and product line, serving similar electrolyte and cell manufacturer customers.
• Guangzhou Tinci Materials Technology: China's largest electrolyte manufacturer with significant LiPF6 production. Directly comparable as a vertically integrated electrolyte salt supplier serving global cell makers, including K-battery customers.
• Kanto Denka Kogyo: Japanese specialty chemicals manufacturer with leading position in LiPF6 and other battery electrolyte salts. Comparable in core chemistry, scale ambition, and customer base (electrolyte makers / cell makers).
• Morita Chemical Industries: Japanese LiPF6 and fluorine chemical manufacturer with decades of LiPF6 production experience. Closest direct competitor in LiPF6 chemistry, supplying global electrolyte customers that overlap with JoongAng's target customer base.

Broad incumbents

• POSCO Future M: Korean battery materials leader (cathode) supplying Samsung SDI, LG Energy Solution, and SK On. Comparable as a domestic Korean battery materials supplier targeting the same K-battery 3 customer base, though operating in adjacent material categories.
• Hyundai Rotem: Korean rolling stock and rail systems manufacturer. Comparable in the railway/transit electronics division (vehicle information systems, signaling), though Hyunda Rotem is a much larger, vertically integrated rail OEM.
• Ecopro BM: Korean battery materials leader (high-nickel cathode) and integrated player with ambitions across battery materials. Comparable as a Korean battery materials supplier to K-battery 3, though operating in cathode rather than electrolyte salt chemistry.
• LIG Nex1: Major Korean defense electronics company producing radar, communications, and military electronics. Comparable in the defense division's product portfolio (radar, communications, military transceivers), though at a vastly larger scale and broader platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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 JoongAng Advanced Materials