The first half-century in the history of Taekwang Industrial Co., Ltd has been
that of a unremitting challenge, raising itself as one of leading Korean textile
industries which contributed much to the world renowned rapid growth of
Korean economy and expanding its business territory further into electronics
and petrochemical fields.

Since its foundation by Mr. Lee Eam-Yong, the first chairman, in 1950, Taekwang
has steadily developed itself into an integrated textile manufacturing empire
which covers from the various synthetic fibers, such as acryl, nylon, spandex
and etc., to spinning, weaving and processing of wide range of textiles.

Also from 1995, Taekwang has successfully operated large-scale
petrochemical plants producing PTA, propylene, AN and etc. that could have
the company complete the dream of vertical integration and eventually the
alignment of textile industries, which was unprecedented achievement in
Korea.

The remarkable growth that Taekwang generated during the 1970’s and 1980’
lifted its trustworthiness and credibility enough to be listed as the corporation
with best business performance in the management assessments conducted
by various institutes in Korea. Based on these performances and the
reputation, Taekwang could successfully diversified its business into
finance, media communications and IT area, that has played the role of
driving engine of continuous business growth Taekwang Group has
made so far.

Now, Taekwang has committed to make its way into the ever turbulent era of
limitless competition, through reinforcement of responsible business
management, unrelenting innovation and searching for new business
opportunity. Based on the proud tradition and substantial management policy
that have been inherited during the last half-century, we will also not spare any
of our efforts until we recreate Taekwang as world-class outstanding company
leading the 21th century, with new determination and challenging spirit.