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Daedong

Topic: Company

 From HandWiki - Reading time: 3 min

Short description: South Korean tractor company
Daedong Corporation
Native name
주식회사 대동
TypePublic
Short description: Securities exchange operator in South Korea
Korea Exchange
한국거래소
TypeStock exchange
LocationBusan & Seoul, South Korea
Coordinates [ ⚑ ] 35°08′12″N 129°03′53″E / 35.136721°N 129.064746°E / 35.136721; 129.064746 (Busan)
Founded1956; 70 years ago (1956)
Key peopleSohn Byung-doo
(Chairman & CEO)
CurrencySouth Korean won
No. of listings2,445 (as of May 2021)[1]
Market cap₩2,604 trillion KRW ($2.3 trillion USD)[2]
IndicesKOSPI
KOSDAQ
KRX 100
Websitewww.krx.co.kr
eng.krx.co.kr
Daedong
Hangul
한국거래소
Hanja
韓國去來所
Revised RomanizationHanguk Georaeso
McCune–ReischauerHanguk Kŏraeso

Korea Exchange (KRX, 한국거래소) is the sole securities exchange operator in South Korea . It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.

History

The Korea Exchange was created through the integration of Korea Stock Exchange (KSE), Korea Futures Exchange and KOSDAQ Stock Market under the Korea Stock & Futures Exchange Act. The securities and derivatives markets of former exchanges are now business divisions of Korea Exchange: the Stock Market Division, KOSDAQ Market Division and Derivatives Market Division. As of Dec 2020, Korea Exchange had 2,409 listed companies with a combined market capitalization of ₩2.3 quadrillion KRW (US$2.1 trillion). The exchange has normal trading sessions from 09:00 am to 03:30 pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[3]

On 22 May 2015, the Korea Exchange joined the United Nations Sustainable Stock Exchanges initiative in an event with the UN-SG Ban Ki-moon in attendance, as well as senior officials from UN Global Compact and UNCTAD.[4]

Traded Instruments

KOSPI Market Division
  • Stocks
  • Bonds
  • Exchange Traded Funds (ETFs)
  • Exchange-Linked Warrants (ELWs)
  • Real Estate Investment Trusts (REITs)
KOSDAQ Market Division
  • Stocks
Derivatives Market Division
  • Index Instruments: KOSPI 200 Index Futures, KOSTAR Futures, KOSPI 200 Index Options
  • Single Stock Futures
  • Equity Options
  • Interest Rate Instruments: 3-Year KTB (Korea Treasury Bond) Futures, 5-Year KTB Futures, 10-Year KTB Futures
  • Foreign Exchange Instruments: USD Futures, JPY Futures, EUR Futures, USD Options
  • Commodity Instruments: Gold Futures, Mini-gold Futures, Lean Hog Futures

See also

References

  1. ↑ ""Global KRX About KRX KRX Overview History"". http://global.krx.co.kr/main/main.jsp. 
  2. ↑ ""시가총액"". http://www.krx.co.kr/main/main.jsp. 
  3. ↑ Market Hours, Korea Exchange via Wikinvest
  4. ↑ "UN Secretary-General Joins Business Leaders in Seoul, Calls for Urgent Action on Poverty, Climate Change and Conflict". UN Global Compact. https://www.unglobalcompact.org/news/1881-05-19-2015. 



IndustryAgricultural machinery
FoundedMay 20, 1947; 78 years ago (1947-05-20)
Headquarters
Daegu, South Korea
Area served
Worldwide
Key people
Kim Joon-Sik
Chairman & CEO
ProductsTractors
Combines
Forage equipment
Seeding & Tillage equipment
Diesel engines
RevenueKRW 895.7 billion (FY 2020)
Websitehttps://www.daedong.co.kr
https://www.kioti.com
Footnotes / references
[1]
Kioti logo

Daedong Corporation, also known by the brand name Kioti in North America, is a South Korea agricultural machinery manufacturer founded in 1947 and headquartered in Daegu, South Korea. Its main products include tractors, combine harvesters, all-terrain utility vehicles and engines .[2]

History

At first, Daedong's business was primarily in metal casting. Daedong began producing agricultural machinery in 1949.[3]

By 1985 they exported their first tractors, and Kioti USA was formed 1993.[4][5] The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021.[6]

Kioti Tractor

Kioti Tractor (/kaɪˈoʊti/ "coyote") is the trade name for Daedong tractors in U.S. and other markets.[7]

Product range

  • Tractors
  • Farm implements
  • Attachments
  • Zero-turn Mowers
  • Rice transplanters
  • Combine harvesters
  • All-terrain vehicles
  • Skid-steer loaders
  • Engines[8]

See also

References

  1. ↑ "Daedong Corp000490.KS". https://www.reuters.com/companies/000490.KS/profile. 
  2. ↑ "Daedong Corp". https://www.bloomberg.com/profile/company/000490:KS. 
  3. ↑ "대동 70년" (in ko). https://www.kamnews.co.kr/news/articleView.html?idxno=1499. 
  4. ↑ "Kioti UK Ltd". https://aea.uk.com/products/kioti-uk-ltd/. 
  5. ↑ "Tractor maker Kioti unveils its first CTL and skid steer". https://www.equipmentworld.com/equipment/article/14972810/kioti-to-introduce-ctls-and-skid-steers-to-dealers-in-2021. 
  6. ↑ "Daedong Corporation (000490.KS)". https://finance.yahoo.com/quote/000490.KS/profile?p=000490.KS. 
  7. ↑ "KIOTI France Selects ARI’s eCatalog Solutions to Support Its Dealers". https://arinet.nl/news/kioti-france-selects-aris-ecatalog-solutions-to-support-its-dealers/. 
  8. ↑ "Kioti parts catalog". AGA Parts. https://www.aga-parts.com/kioti/. 




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