PNE SOLUTION CO., Ltd is a Korea-based company mainly engaged in the manufacture of processing equipment for secondary batteries. The Company produces formation systems such as battery formations, electric double layer capacitor formations, cell module assembly and battery module assembly inspection equipment, and development systems such as cell cyclers, module testers, battery management system simulators and others. In addition, it is engaged in the provision of power supply units such as phase control rectifiers (PCRs) used to adjust voltage output of electric generators. The Company also produces electron volt (EV) chargers and electric devices for EV used for electric automobile charge. On January 1, 2014, it divested its power supply business into a newly established wholly owned subsidiary.