JOONGANG ADVANCED MATERIALS

JOONGANG ADVANCED MATERIALS (Korean: 중앙첨단소재, formerly 중앙디앤엠 / Joongang D&M) is a South Korean comprehensive materials company founded in 1999. It is headquartered in Anyang, Gyeonggi Province, having relocated its head office to 115 Simindae-ro, Dongan-gu, Hogye-dong, Anyang on 26 October 2021. In 2023 the company changed its name from Joongang D&M to Joongang Advanced Materials. The company operates in the advanced materials space, with a particular focus on secondary battery (rechargeable battery) materials. Together with the electrolyte manufacturer Enchem, it co-founded the lithium salt producer EDL and entered the secondary battery materials distribution business. It also engages in electronics and systems work; in 2025 it signed a contract to manufacture and supply an integrated broadcast system for 34 trainsets of the Daejeon Line 2 hydrogen tram. Ownership has evolved through strategic investment. In 2025 Enchem acquired the entire 5,853,200-share (5.27%) stake in Joongang Advanced Materials held by Atlas Palcheon, raising Enchem's sole stake in the company from 9.26% to 14.53%. The company remains an active South Korean materials and systems supplier.

Joongang Advanced Materials was established in 1999 as a South Korean comprehensive materials company. For much of its early history it operated under the name Joongang D&M (중앙디앤엠). On 26 October 2021, the company relocated its head office to 115 Simindae-ro, Dongan-gu, Hogye-dong, Anyang, Gyeonggi Province. In 2023, it changed its corporate name from Joongang D&M to Joongang Advanced Materials (중앙첨단소재), reflecting a sharper focus on advanced materials. In the secondary battery sector, the company co-founded the lithium salt producer EDL with the electrolyte manufacturer Enchem and entered the secondary battery materials distribution business. In 2025, Enchem acquired the entire 5,853,200-share (5.27%) stake in Joongang Advanced Materials held by Atlas Palcheon, raising Enchem's sole stake from 9.26% to 14.53%. Also in 2025, the company signed a contract to manufacture and supply the integrated broadcast system for 34 trainsets of the Daejeon Line 2 hydrogen tram, extending its activities into urban rail transit systems.

• 2025

  Enchem acquired Atlas Palcheon's entire 5,853,200-share (5.27%) stake, raising Enchem's sole stake from 9.26% to 14.53%.

• 2025

  Signed contract to manufacture and supply integrated broadcast system for 34 trainsets of Daejeon Line 2 hydrogen tram.

• 2023

  Corporate name changed from Joongang D&M to Joongang Advanced Materials.

• 2021

  Head office relocated to 115 Simindae-ro, Dongan-gu, Hogye-dong, Anyang, Gyeonggi Province on 26 October.

• 1999

  Company founded in South Korea.

South Korean advanced materials supplier focused on secondary battery materials and related systems.

• Secondary battery materials

  Materials and distribution for rechargeable batteries, including lithium salts via EDL.

• Integrated broadcast systems

  Integrated broadcast system for the Daejeon Line 2 hydrogen tram (34 trainsets).

1. 1중앙첨단소재 - 위키백과ko.wikipedia.org
2. 2중앙첨단소재 공식 웹사이트jooangdnm.co.kr
3. 3Wikidata Q131189573wikidata.org