History
Built on a foundation of sweat and toil, Young Hwa is robust. Our history is a testament to tenacity.
| 2010 ~ | 2021.03 | – Seong-cheol Sung inaugurated as President & CEO |
| 2018.08 | – Nam-chul Kim inaugurated as President & CEO | |
| 2018.06 | – Acquisition of JMC Heavy Industries Co., Ltd. – Capital stock after acquisition: KRW 37.6 Billion |
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| 2017.01 | – Majority shareholder turnover; incorporated into holding company Young Hwa Rebounce Co.,LLC – Capital Increase (Total Capital: 34.9 billion KRW) |
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| 2013.12 | – Approved KNPC(Kuwait National Petroleum Company) Vendor | |
| 2013.06 | – Turkmenistan Branch established | |
| 2013.05 | – Uzbekistan Project Office established | |
| 2013.01 | – Vietnam Project Office established | |
| 2012.12 | – Saudi Arabia Branch established – Capital increase of KRW 318 Million (Total capital stock KRW 4.439 Billion) |
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| 2012.09 | – YHENG LLC. incorporated in Mongolia | |
| 2012.08 | – Ranked first in Korea in 2012 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) | |
| 2011.10 | – Acquired OHSAS 18001 Certification | |
| 2011.08 | – Ranked first in Korea in 2011 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) | |
| 2011.07 | – Jong-Euk Kang inaugurated as President & CEO | |
| 2010.12 | – Yeoju Plant receives KEPIC Quality Assurance for Operation of Nuclear Facilities (Korea Electric Association) | |
| 2010.11 | – Young Hwa International Co., Ltd. incorporated | |
| 2010.08 | – Ranked first in Korea in 2010 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) |
| 2005 ~ 2009 |
2009.10 | – Majority shareholder turnover; incorporated into holding company Young Hwa Holdings Co., Ltd – Mr. Yul Kim inaugurated as President & CEO |
| 2009.08 | – Ranked first in Korea in 2009 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) | |
| 2009.05 | – Yeoju Factory receives Class 1 Steel Structure Fabrication Plant Certification (Ministry of Land, Infrastructure and Transport) – Abu Dhabi Branch Office of Young Hwa Construction & Engineering Co., Ltd. established |
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| 2008.11 | – Awarded USD 30 Million Export Tower Award (Korea International Trade Association) | |
| 2008.08 | – Ranked first in Korea in 2008 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) | |
| 2008.03 | – Factory in UAE (Arab Emirates) completed (152,261㎡) – Young Hwa (RAK) acquires ISO 9001 Certification |
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| 2008.02 | – Capital increase of KRW 1.37 Billion (Total capital stock KRW 4.12 Billion) | |
| 2007.12 | – Secured equity investment from National Pension Service | |
| 2007.09 | – Site purchased for Hong-seong Factory (129,532㎡) | |
| 2007.08 | – Ranked first in Korea in 2007 Steel Structure Construction Capability Evaluation (Korea Specialty Contractors’ Association) | |
| 2007.03 | – Yeoju Factory acquired and expanded (173,024㎡) | |
| 2006.12 | – YoungHwa(RAK) incorporated in United Arab Emirates (UAE) | |
| 2006.02 | – Received Excellent Business Award from KB Kookmin Bank | |
| 2005.11 | – Awarded USD 10 Million Export Tower Award and Silver Tower Order of Industrial Merit (Korea International Trade Association) |
| 2000 ~ 2004 |
2003.12 | – Young Hwa Penglai Heavy Industry Co. acquires ISO 9001 Certification (China Factory) |
| 2003.11 | – Awarded USD 5 Million Export Tower Award and Prime Minister’s Citation (Korea International Trade Association) | |
| 2002.08 | – China Factory completed (Penglai, Shandong Province, 102,400㎡) | |
| 2002.05 | – Young Hwa Penglai Heavy Industry Co. incorporated in China | |
| 2002.04 | – Acquired Japanese H-Grade for Steel Structure Factory (Ministry of Land, Infrastructure, Transport and Tourism of Japan) | |
| 2001.11 | – Awarded USD 1 Million Export Tower Award (Korea International Trade Association) | |
| 2001.05 | – Acquired ISO 9001 Quality Management System Certification (Steel structure fabrication and installation) | |
| 2001.02 | – Overseas construction business declaration (facilities and mechanical works) | |
| 2000.07 | – Capital increase of KRW 1.06 Billion (Total capital stock KRW 2.42 Billion) | |
| 2000.03 | – Dangjin Factory acquires Class 1 Steel Structure Fabrication Facility Certification from Ministry of Construction and Transportation | |
| 2000.02 | – Named Excellent Partner Corporation by Industrial Bank of Korea |
| 1981 ~ 1999 |
1999.09 | – Merger with Young Hwa Machine Equipment Co., Ltd. |
| 1999.04 | – Capital increase of KRW 312 Million (Total capital stock KRW 1.35 Billion) – Overseas construction business declaration (steel structure construction services / metal fittings installation) |
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| 1997.05 | – Capital increase of KRW 257 Million (Total capital stock KRW 1.04 Billion) | |
| 1996.12 | – Third Dangjin Factory Completed | |
| 1996.10 | – Capital increase of KRW 285 Million (Total capital stock KRW 785 Million) | |
| 1996.07 | – Second Dangjin Factory Completed | |
| 1994.12 | – Registered as professional contractor (steel structure construction services / building services contractor) | |
| 1994.04 | – Capital increase of KRW 150 Million (Total capital stock KRW 500 Million) | |
| 1993.04 | – Capital increase of KRW 120 Million (Total capital stock KRW 320 Million) | |
| 1992.09 | – First Dangjin Factory Completed | |
| 1991.04 | – Capital increase of KRW 100 Million (Total capital stock KRW 200 Million) | |
| 1988.04 | – Young Hwa Construction & Engineering Co., Ltd. Incorporated (Initial capital stock KRW 100 Million) – Mr. In-ho Kim inaugurated as President & CEO |
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| 1981.12 | – Founded (Trade name: Younghwasa) |