Profile: TONGYANG Networks Co Ltd (030790.KS)
030790.KS on Korea Stock Exchange
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Tong Yang Networks Co., Ltd. is a Korea-based company engaged in the information technology (IT) business and distribution business. It operates two divisions: distribution division, which distributes men’s and women’s fashion products through its online shopping mall, and IT division, which provides system integration (SI) services, including analysis, design, development and construction of information systems used in finance, government, manufacturing, distribution and other industries, as well as outsourcing services, including consulting, system management, IT infrastructure, helpdesk management, disaster recovery system construction and management and network integration services. It also develops and distributes software and hardware products. On January 18, 2013, it acquired an 85.15% stake in Tongyangonline co. ltd. On March 13, 2013, it acquired a 100% stake in TONGYANG TS Inc. On December 24, 2013, it transferred its entire 100% stake in TONGYANG TS Inc.
TONGYANG Networks Co Ltd
69, Baekjegobun-ro, Songpa-gu