Daedong Industrial Co

DAEDONG INDUSTRIAL CO.,LTD specializes in the provision of mechanized farming equipment. The Company produces two categories of products: agricultural equipment including tractors, combines, rice transplanters and tillers used in agriculture industry, and engines including engines used in industry and engines used in power generators. It also provides attachments used for farming and stockbreeding. During the year ended December 31, 2007, the Company had an annual production capacity of 15,281 tractors and its actual production output was 14,443 tractors. In 2007, tractors and combines accounted for approximately 53% and 14% of total sales, respectively.