NEXEN TIRE CORPORATION is a Korea-based company mainly engaged in the production and sale of tires. Along with subsidiaries, the Company operates its business through three segments. Tire Segment is engaged in the manufacturing and sale of ties for new automobiles and replacement tires such as passenger car radial (PCR) tires, light truck radial (LTR) tires and sport utility vehicle (SUV) tires, as well as the provision of tire rental service. Transport and Storage Segment is engaged in the transport and storage of tires. Mold Segment is engaged in the manufacturing and sale of molds for tire. The Company distributes its products within the domestic market and to overseas markets, including China, America, Europe and Southeast Asia.