SEOYON ELECTRONICS CO., LTD., formerly DAEDONG CO.,LTD. is a Korea-based company mainly engaged in the manufacture of automobile components. The Company’s products mainly consist of key sets, switches and electronic units, such as car locks, multi-function switches, power windows switches, smart key systems, remote keyless entries, immobilizer systems, body control modules and others. In addition, the Company is engaged in the manufacturing of components for magnesium die castings and digital door locks (DDLs). The Company distributes its products within domestic market and to overseas markets, including Japan, America, Germany and China. On December 9, 2013, it acquired a 100% stake in a Suzhou-based casting and mold manufacturing company, and sold its entire stake in a Guizhou-based precise electric generation company in China. On January 29, 2014, it acquired 100% stake in a Suzhou-based casting and mold manufacturing company in China.