Se-Chang Jang

Powermax Co., Ltd. develops electric transformers and generators. Its products include power and distribution transformer, switchgear and emergency and special generator. The company was founded on March 25, 2000 and is headquartered in Siheung, South Korea.

The Korea Electrical Manufacturers Association is based in Seoul, South Korea. The South Korean company's main focus is on promoting the electrical industry in Korea. The CEO of the private company is Ja-Kyoon Koo.

Iljin Heavy Industries Co. Ltd. is a South Korean company that manufactures electric transformers. The company is based in Gyeongnam, South Korea. Iljin Heavy Industries Co. was acquired by ILJIN Holdings Co., Ltd. on August 01, 2007 for $143.55 million.

The Korea Chamber of Commerce & Industry (KCCI) is a business organization that provides resources, publications, events, and networks for its members. The organization is based in Seoul, North Korea and has overseas offices. The KCCI advocates for its members and partners with other organizations to promote bilateral economic cooperation. The KCCI also provides economic data and policy issues publications and hosts business forums and roundtables. Recently, the KCCI hosted a successful business forum with over 600 attendees, including political and business leaders from both countries. The Financial Services Commission identified five bank holding companies and five banks as domestic systemically important banks for 2024, and those identified as D-SIBs are required to set aside an additional common equity capital of 1.0, and the higher loss absorbency requirement will take effect on January 1, 2024.