Daesung Group (005620)

As of August 2, 2017, Daesung Group Partners Co., Ltd. was acquired by Daesung Industrial Co., Ltd. Daesung Group Partners Co., Ltd. engages in energy services, fundamental materials, machinery and electronics, construction, and leisure businesses. It supplies vehicle and industrial fuels, and energy to heat houses; provides heat absorption and district heating services; and produces petroleum and natural gas from the oil fields in Libya, Vietnam, and Qatar, as well as engages in other projects in Kazakhstan, Yemen, Indonesia, and Korea. The company also manufactures and sells industrial gases, and related tools and appliances for semiconductor, petrochemical, and metal working industries; air filters, filters for ducts and equipment, special filters, and complex air filters; home washing detergents, kitchen detergents, bathroom detergents, furniture brighteners, multi-purpose detergents, and deodorants through discount markets, department stores, appliance companies, and home shopping malls; kitchen scrubbers, bath sponges, gloves, and floor-cleaning tools; and industrial detergents for the fields of kitchen hygiene/building and surface hygiene, food and beverage, and machinery and systems. In addition, it provides hydraulic and pneumatic pressure tools and appliances, geared motors, industrial robots, and industrial bearings; gas meters; computer systems, and network construction and consulting services; hydraulic valves and pumps, and pneumatic pressure valves; and home gas boilers. Further, the company constructs residential and commercial complexes; provides waste treatment services; operates a natural recreation forest; and distributes food products and health supplements. Additionally, it develops and manages applications, including enterprise resources planning, B2B, B2C, groupware, 6-sigma management system, internal control system, homepage, cyber training center, etc. The company operates 40 petroleum stations and 15 liquefied petroleum gas filling stations. Daesung Group Partners Co., Ltd. was founded in 1947 and is headquartered in Seoul, South Korea.