Hanon Systems

Hanon Systems makes thermal management systems for vehicles, the components that control heating, cooling, and fluid circulation to keep a car's engine, cabin, and powertrain running at the right temperature.

Its product lines include climate control units, powertrain cooling systems, compressors, fluid transport components, and hydraulic control devices, supplied directly to automakers on an OEM (original equipment manufacturer) basis. The company operates as a single-segment business, with all domestic and overseas operations focused exclusively on automotive thermal management. It is listed on KOSPI, South Korea's main stock exchange.