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Draft:VINATech

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VINATech Co., Ltd.
Native name
비나텍
Company typePublic
KRX: 126340
IndustryElectronic components
Founded1999; 26 years ago (1999)
HeadquartersJeonju, North Jeolla Province, South Korea
Area served
Worldwide
Key people
Sung Do-Kyung (CEO)
ProductsSupercapacitors, Aluminum Polymer Capacitors, Hybrid Capacitors, Fuel Cell Components
RevenueUS$ 52 million (2022)[1]
Number of employees
1100 (2024)
Websitevinatech.com/en/

VINATech Co., Ltd. (비나텍) is a South Korean manufacturer of energy storage and fuel cell components. Its products include supercapacitors, aluminum polymer and hybrid capacitors, and materials for fuel cell stacks.[2] Headquartered in Jeonju, the company supplies components to industrial, automotive, and IoT sectors and is listed on the KOSDAQ under the ticker 126340.KQ.[3]

History

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VINATech was founded in 1999 in Jeonju, South Korea, initially producing supercapacitors for industrial applications.[4] The company later developed materials for fuel cell stacks and hybrid capacitors. In 2020, VINATech transitioned its public listing from KONEX to KOSDAQ to access larger capital markets.[5]

In 2024, the company acquired Enesol Co., Ltd., a Korean producer of aluminum polymer and hybrid capacitors, to expand its product portfolio.[6][7]

Products and Technology

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VINATech's product portfolio is centered on energy storage devices and materials for hydrogen fuel cells. The company manufactures various types of capacitors, including supercapacitors, which are used in applications requiring high power output and rapid energy discharge, such as in automotive and industrial systems.[8] The company also produces aluminum polymer and hybrid capacitors, which are noted for their higher energy density compared to traditional supercapacitors, making them suitable for long-term power backup applications.[9]

The company is a major producer of components for hydrogen fuel cells. Its materials include membrane electrode assemblies (MEA), catalysts, and carbon supports.[2] VINATech has developed a carbon control technology to produce high-durability carbon supports for catalysts, which are crucial for the efficiency and lifespan of a fuel cell.[10] The company completed a new facility in Jeonju in 2021 for the mass production of these fuel cell materials.[11]

Operations

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As of 2024, VINATech employed about 1,100 people and operated manufacturing and R&D facilities in South Korea and Vietnam.[12]

Recognition

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VINATech was included in the 2020 National Industry Awards for R&D and has been covered in Korean business media for its activities in hydrogen and supercapacitor technologies.[13]

References

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  1. ^ Annual Report, FSS DART. Retrieved 2025-06-06.
  2. ^ a b "VINATech Expands in Hydrogen Fuel Cell Materials". Business Korea. 2020-10-21. Retrieved 2025-08-06.
  3. ^ "Small Tech Firms See Growth Through Specialized Components" [Small Tech Firms See Growth Through Specialized Components] (in Korean). Chosun Biz. 2021-09-01. Retrieved 2025-08-06.
  4. ^ "Fuel Cell and Supercapacitor Specialists Expand Market Reach". The Korea Herald. 2019-11-26. Retrieved 2025-08-06.
  5. ^ "VINATech Moves to KOSDAQ Listing" [VINATech Moves to KOSDAQ Listing] (in Korean). Herald Business. 2020-06-26. Retrieved 2025-08-06.
  6. ^ "비나텍, 수산에너솔 인수 추진…커패시터 제품 포트폴리오 확장" [VINATech pursues acquisition of Susan Energysol, expanding capacitor product portfolio] (in Korean). 전자신문. 2024-03-20.
  7. ^ "비나텍, 커패시터 전문기업 수산에너솔 인수…"시너지 기대"" [Vinatech acquires capacitor specialist Susan Energysol, anticipating synergies] (in Korean). 아시아경제. 2024-03-26.
  8. ^ "VINATech Expands in Hydrogen Fuel Cell Materials". Business Korea. 2020-10-21. Retrieved 2025-08-06.
  9. ^ "비나텍, 커패시터 전문기업 수산에너솔 인수…"시너지 기대"" [Vinatech acquires capacitor specialist Susan Energysol, anticipating synergies] (in Korean). 아시아경제. 2024-03-26.
  10. ^ "Carbon Support for Fuel Cells". VINATech. Retrieved 2025-09-02.
  11. ^ "VINATech finishes new factory for hydrogen fuel cell materials". Electrical Engineering Magazine. 2021-01-08.
  12. ^ "Small Tech Firms See Growth Through Specialized Components" [Small Tech Firms See Growth Through Specialized Components] (in Korean). Chosun Biz. 2021-09-01. Retrieved 2025-08-06.
  13. ^ "전북 강소기업 비나텍, '2020 국가산업대상' 연구개발 부문 선정" [Vinatech, a small and medium-sized enterprise in Jeonbuk Province, was selected for the 2020 National Industrial Awards in the R&D category] (in Korean). 전북일보. 2020-05-28.
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