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DONGWON METAL

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South Korean automotive parts maker supplying door frames, bumper beams, bumpers and cowl cross members to Hyundai and Kia.

Last updated September 26, 2026

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Overview

DONGWON METAL (동원금속 주식회사) is a South Korean automotive parts manufacturer. According to its Korean Wikipedia entry, the company produces door frames, bumper beams, bumpers and cowl cross members, and supplies door frames for vehicles built by Hyundai Motor and Kia. It has a subsidiary, Dongwon Pipe (동원파이프). The company is not related to Dongwon Passenger (동원여객), a Busan city bus operator, nor to Dongwon Group (동원그룹), a separate South Korean conglomerate. Its official website is dwmic.co.kr. Ownership has been held within a family: in 1996 then-major shareholder Lee Jong-hee gifted shares to his sons Lee Eun-woo and Lee Seok-woo, reducing his stake from 46.87% to 21.87%, while Lee Eun-woo's stake rose from 2.53% to 17.53% and Lee Seok-woo's from 0.31% to 10.31%. In 2023 CEO Lee Eun-woo gifted shares worth KRW 3.715 billion to his son, executive director Lee Seung-jae. The company is a tier-one supplier in the Korean automotive supply chain, with its products tied to Hyundai and Kia vehicle programs.

History

DONGWON METAL (동원금속 주식회사) is a South Korean automotive parts manufacturer. Its Korean Wikipedia entry states that it produces door frames, bumper beams, bumpers and cowl cross members, and supplies door frames for vehicles manufactured by Hyundai Motor and Kia. It has a subsidiary named Dongwon Pipe (동원파이프). The company is explicitly unrelated to Dongwon Passenger (동원여객), a Busan city bus operator, and to Dongwon Group (동원그룹), a separate South Korean conglomerate. Ownership has been concentrated within a family. In 1996, then-major shareholder Lee Jong-hee gifted shares to his sons Lee Eun-woo and Lee Seok-woo, reducing his stake from 46.87% to 21.87%; Lee Eun-woo's stake increased from 2.53% to 17.53%, and Lee Seok-woo's from 0.31% to 10.31%. In 2023, CEO Lee Eun-woo gifted shares worth KRW 3.715 billion to his son, executive director Lee Seung-jae. The company's official website is dwmic.co.kr.

  • 2023

    CEO Lee Eun-woo gifted shares worth KRW 3.715 billion to his son, executive director Lee Seung-jae.

  • 1996

    Major shareholder Lee Jong-hee gifted shares to sons Lee Eun-woo and Lee Seok-woo, reducing his stake from 46.87% to 21.87%.

Products and positioning

Tier-one automotive parts supplier to Hyundai and Kia.

  • Door frames

    Supplied for Hyundai and Kia vehicles.

  • Bumper beams

  • Bumpers

  • Cowl cross members

Sources2 sources

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