Daesung Group
Daesung Group originates from Daesung Industrial Corporation, founded in 1947 by Chairman Kim Soo-geun. Beginning with the briquette business, the company has since expanded into oil, city gas, renewable energy, and environmental energy. Since 2001, the company has been divided into two entities: Daesung Joint Holdings, centered around Daesung Industrial, and Seoul City Gas Group, operating independently both financially and operationally.
Daesung Group's major energy subsidiaries include Daesung Energy Co., Ltd., Daesung Clean Energy Co., Ltd., and Daesung Environmental Energy Co., Ltd.
Since Chairman Kim Young-hoon announced his second founding in 2000, Daesung Group has expanded beyond energy into diverse sectors, including the environment, construction, IT, finance, culture, education, and media. In particular, the group is focusing its investments on cultural content businesses, including IT, publishing, film, broadcasting content, music, games, and animation, centered around its affiliates, including the portal site Korea.com, Daesung Corporation, and Daesung Venture Investment.
| Daesung Group | |
| Industry | Energy, cultural content, etc. |
| Founded | 1947 |
| Founder | Kim Soo-geun |
| Country | Republic of Korea |
| Headquarters | 6th/11th/12th Floors, Dongduk Building, 68 Ujeongguk-ro, Jongno-gu, Seoul |
| Key Personnel | Kim Young-hoon |
| Subsidiaries | Daesung Holdings, Daesung Energy, Daesung Clean Energy, Daesung Environmental Energy ], Daesung Venture Investment, Korea.com etc. |
| Websites | Daesung Group, CEO website |
History
- May 10, 1947: Daesung Industrial Corporation established.
- September 18, 1959: Daesung Coal Briquette Co., Ltd. established.
- July 10, 1960: Mungyeong Coal Mine acquired.
- April 1964: LPG sales business launched.
- July 4, 1968: Daesung Industrial Co., Ltd. established.
- June 25, 1976: Daesung Mining Development Co., Ltd. established.
- July 19, 1976: Changwon Vaporizer Co., Ltd. established.
- February 19, 1979: Daesung Oxygen Co., Ltd. established
- November 19, 1980: Daesung Australia subsidiary established.
- March 25, 1982: Daesung USA subsidiary established.
- January 31, 1983: Daegu City Gas Co., Ltd. established.
- December 1, 1983: Seoul City Gas Co., Ltd. established.
- July 12, 1997: Gyeongbuk City Gas Co., Ltd. established
- December 28, 2000: Kim Young-hoon inaugurated as Chairman.
- December 19, 2001: Gloria Trading Co., Ltd. established
- April 24, 2002: Daesung Haegang Science and Culture Foundation established.
- May 10, 2002: Daesung Clean Energy Research Institute opened.
- June 28, 2002: Insight Venture Co., Ltd. acquired
- November 20, 2002: Daesung.com Co., Ltd. established
- December 18, 2002: Establishment of Daesung China Co., Ltd.
- June 18, 2003: Establishment of Daesung Global Network Co., Ltd.
- September 2, 2003: Acquisition of Acts Investment Consulting Co., Ltd.
- May 24, 2004: Establishment of Daegu Energy Environment Co., Ltd.
- January 20, 2006: Acquisition of Korea.com Communications
- December 5, 2006: Establishment of Neopharm
- February 19, 2007: Establishment of Neopharm Australia
- June 26, 2008: Establishment of Korean Dream Co., Ltd.
- May 8, 2009: Establishment of Daesung E&C Co., Ltd.
- October 1, 2009: Establishment of Daesung Holdings Co., Ltd.
- August 31, 2010: Establishment of Daesung Investment Co., Ltd.
- June 13, 2011: Signed domestic business cooperation agreement with Skype
- October 1, 2015: Establishment of Daesung Q Co., Ltd., a subsidiary of Gloria Trading Co., Ltd.
Affiliates
Holding Company
- Daesung Holdings: Management consulting, M&A, legal affairs, management diagnosis, auditing
- * Education Content Business Division: Korean Federation of Teachers' Associations distance education training program, gifted education program, corporate training, academy e-learning service
- * IT Business Division: Skype service, mobile distribution, mobile telecommunications sales, product solutions, SM business
Energy
- Daesung Energy
- * City Gas Business Division: City gas supply, CNG charging station operation
- * Wellbay Business Division: Online sales of eco-friendly agricultural products and wellness products, weekend farm operation
- * Senergy Business Division: District-based community energy business in the Daegu Jukgok District
- Daesung Environmental Energy: Landfill gas recycling facility operation
- Daesung Clean Energy : City gas supply
- Daesung Energy Service 1, 2, and 3 : City gas supply household safety management
Cultural Content
- Daesung Co., Ltd.: Book publishing
- Korea.com Communications: Internet portal service
Finance
- Daesung Venture Investment: Financial investment association operation, incubation business
- Daesung Investment Advisory: Financial investment advisory and discretionary investment business
Fashion and other businesses
- Daesung Global Network
- * CRM Division: Call center outsourcing, talent dispatch, ASP business
- Daesung Q Co., Ltd.: Children's clothing manufacturing and sales
Overseas Corporations
- Neopharm: Apple, kiwi, and peach cultivation
- Neopharm Australia: Macadamia cultivation, farm experience
- Daesung America: Organic almond and walnut cultivation, real estate leasing
- Daesung China: Children's clothing manufacturing, import/export, and sales
- Korean Dream: Operation and management of the GEEP project, development of new businesses in Mongolia
Non-profit Foundations
- Daesung Haegang Science and Culture Foundation: Support for science and technology research organizations, talent development, and sponsorship of science-related projects
- Haegang Daesung Scholarship Foundation: Scholarship programs