2015 09 Pyung Hwa Eng Co., Ltd. acquired and merged with MDT Co., Ltd.
2015 03 Announced New Management
2014 12 Established Pyung Hwa Research Institute Pyung Hwa Research Institute Co., Ltd.
2014 05 Pyung Hwa Industrial Co., Ltd. merged Fabco Co., Ltd
2012 12 Achieved 1 trillion KRW in revenue.
2012 11 Established Pyung Hwa NOK Drive Train Co., Ltd.
2008 05 Spin-off (Spin-off: Fabco Co., Ltd., Original: Pyung Hwa Industrial Co., Ltd.)
2006 05 Spin-off (Original: Pyung Hwa Holdings Co., Ltd., Spin-off: Pyung Hwa Industrial Co., Ltd.)
2006 02 Established a local overseas corporation in India, Pyung Hwa India Private Co., Ltd. (PHI)
2005 09 Established a local overseas corporation in China, Tianjin Pyung Hwa Elastech Co., Ltd. (TPHE)
2005 05 Pyung Hwa Eng Co., Ltd. established an In-house R&D Center.
2004 10 Spin-off (Pyung Hwa Ki Gong Co., Ltd. and Pyung Hwa Eng Co., Ltd.)
2004 10 Established Pyung Hwa Eng Co., Ltd.
2004 09 Renamed: Serapis Co., Ltd. to MDT Co., Ltd.
2004 07 Established Serapis Co., Ltd.
2003 11 Sold shares of Daegyung Wester Co., Ltd.
2003 05 Completed the R&D Center Pyung Hwa Oil Seal Co., Ltd.
2003 04 Established a local overseas corporation in China. Pyung Hwa Industrial Co., Ltd.
2003 02 Established a local overseas corporation in China. Pyung Hwa Industrial Co., Ltd.
2002 12 Achieved 100 billion KRW in revenue.
2002 10 Completed the New Technology Center Pyung Hwa Industrial Co., Ltd.
2002 09 Agreed to sell shares of Gates Korea Co., Ltd.
2002 06 Sold shares of Daegyung Hwasung
2001 07 Acquired Daegyung Hwasung

1998 11 Signed a technical and joint investment agreement with NOK-Megulastik, Japan and Freudenberg Dichtungs und Schwinggungstechnik, Germany
1998 10 Signed agreement on the academia-industrial joint study and technical development with Kyungpook National University Pyung Hwa Oil Seal Co., Ltd.
1997 03 The woven house manufacturer. Established Pyung Hwa Wester
1996 11 Designated as a special case company on military service in the chemical sector Pyung Hwa CMB Co., Ltd.
1995 08 Founded the Kunhwa Foundation
1995 04 Signed a technical agreement with Metzeler Gimetall AG, Germany
1995 04 Renamed Pyung Hwa Co., Ltd. to Pyung Hwa to Pyung Hwa CMB Co., Ltd.
1995 03 Founded the company employee welfare fund Pyung Hwa Ki Gong Co., Ltd.
1994 11 Established an in-house technology center Pyung Hwa Oil Seal Industrial Co., Ltd.
1993 10 Signed a new technology introduction agreement with JSR Elastomix Co., Ltd., Japan Pyung Hwa CMB Co., Ltd.
1993 07 Established Pyung Hwa CMB Co., Ltd. (Pyung Hwa Co., Ltd. at the time of establishment)
1992 12 Founded the company employee welfare fund Pyung Hwa Oil Seal Industrial Co., Ltd.
1992 11 Signed a technical agreement with Tokai Rubber Industry. Co., Ltd., Japan Pyung Hwa Industrial Co., Ltd.
1991 09 Acquired and merged Korea E.P.I. Co., Ltd. (current Gumi Plant, Pyung Hwa Oil Seal Industrial Co., Ltd.)
1990 12 Completed Plant 2 Pyung Hwa Oil Seal Industrial Co., Ltd.

1987 11 Relocated to Nongong Plant (Dalseong Industrial Park)
1987 05 Relocated to Nongong Plant (Dalseong Industrial Park)
1986 03 Technical agreement with Deito Rubber Production Co., Ltd., Japan
1986 03 IPO Pyung Hwa Industrial Co., Ltd.
1985 09 Established Pyung Hwa Ki Gong Co., Ltd.
1982 01 Designated as an affiliated supplier for the agricultural machinery sector Pyung Hwa Oil Seal Industrial Co., Ltd.
1981 03 Designated as an affiliated supplier for the automotive sector Ministry of Commerce and Industry, Pyung Hwa Oil Seal Industrial Co., Ltd.

1978 10 Organized a labor union Pyung Hwa Oil Seal Industrial Co., Ltd.
1978 05 Designated as a class 3 military supplier.
1978 04 Selected as a class 3 key industrial enterprise Pyung Hwa Oil Seal (Key Industrial Enterprise Selection Committee)
1978 02 Trade license Ministry of Commerce and Industry
1978 02 Pyung Hwa Oil Seal Industrial Co., Ltd. reborn as a joint venture (Pyung Hwa:60%, NOK, Japan: 40%)
1977 11 Signed a joint venture agreement for Pyung Hwa Oil Seal with NOK, Japan.
1977 02 Established Pyung Hwa Oil Seal Industrial Co., Ltd.
1976 07 Signed a technical agreement with NOK, Japan
1975 10 Selected as a military materials manufacturer Ministry of Commerce and Industry
1975 08 Incorporation Pyung Hwa Industrial Co., Ltd.
1975 02 Relocated to Daegu Industrial Park III.
1975 01 Pyung Hwa Oil Seal was designated as an affiliated localization factory for the auto industry Ministry of Commerce and Industry
1974 04 Selected as a key industrial enterprise Pyung Hwa Oil Seal (Key Industrial Enterprise Selection Committee)
1970 01 Designated as an affiliated localization factory for the auto industry Ministry of Commerce and Industry

1969 07 Organized the labor union Pyung Hwa Industry
1964 05 Exported the circular belt to Vietnam for the first time (US$ 4,000)
1962 03 Changed its name to Pyung Hwa Industrial

1957 06 Changed its type of business (automotive rubber parts production)
1950 10 Founded Pyung Hwa Rubber Industrial (eraser rubber production)