TONGYANG Inc. is a Korea-based company engaged in the manufacture and distribution of construction materials. The Company operates its business through four segments. Construction Material Segment is mainly engaged in the manufacture of ready mixed concrete (Remicon). Construction Segment is mainly engaged in the construction of residential buildings, industrial buildings and civil engineering works. Fiber Segment is mainly engaged in the manufacture of fibers, non-woven fabrics and apparels. Appliance and Plant Segment is mainly engaged in the manufacture of steam ovens, gas ovens, dish cleaners, special heat exchangers, fans, blowers, air cooled vacuum condensers and others. The Company distributes its products within domestic market and to overseas markets.