Pyung Hwa Industrial Co., Ltd. is a Korea-based company principally engaged in the manufacture and distribution of automobile parts. The Company mainly produces hose products, which are used for automobile cooling systems, gasoline fuel systems, steering systems, brake systems and air conditioner systems. It also provides other automobile parts and special vehicle parts. The Company distributes its products within domestic market and to overseas markets. On May 1, 2014, it acquired the entire share capital of Pyung Hwa Anti-Vibration System Co Ltd, a Daejeon-based manufacturer of anti-vibration systems used in automobiles.