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Connecting People with Nature

101 years of Sungchang

1916 ~ 1931

Sungchang was founded in 1916 in Yeongju, Gyeongsangbuk-do, focused on lumber sale and mill operation Sungchang was a pioneer in the Korean lumber industry.

1916. 11
Founded as Sungchang Store in Yeongju, Gueongbuk by Founder and Chairman Chung, Tai Sung (lumber sales & mill operation)
1937. 12
Established as Sungchang Forestry Co., Ltd. After merging with Chunyang Lumber Co., Ltd.

  • 1. Sungchang Store during time of its foundation
  • 2. Clerks of Sungchang Store

1948 ~ 1974

During this time, the company moved to Busan in order to expand its production capabilities, laying foundation to Korean plywood industry and taking an important first step towards growing into a greater wood company.

1943. 04
Company name changed to Sungchang Forestry Co., Ltd.
1948. 01
Relocates the headquarters to Daegu; reorganized the company as Sungchang Enterprise Co., Ltd.
1955. 06
Relocated the headquarter and factory to Busan(7-2 Jeokgi-dong, 4-ga Nam-gu, Busan)
1958. 03
Exports plywood to America, first of its kind in the domestic industry
1962. 04
Established Korea’s first formalin production facility
1964. 12 / 1965. 11
Awarded Presidential Industrial Service Medal and Presidential Export Contribution Award
1965. 12
Acquired K S Certification for general plywood
1966. 04
Established Korea’s first print plywood and decorated plywood factory
1966. 11/12
Awarded Presidential Industrial Service Medal / Awarded Bronze Tower Order of Industrial Service Merit for contributions to afforestation
1967. 11 / 1968. 11
Awarded Bronze Tower Order of Industrial Service Merit / Awarded Silver Tower Order of Industrial Service Merit
1969. 12 / 1971. 11 / 1973. 11 / 1974. 11
Day of Export: “President’s Award”



  • 1. Former Korean President Park,
    Chung-Hee’s visit to SCE factory
  • 2. Early years of the factory located in Uam-dong
  • 3. The first plywood export by SCE
  • 4. Founder and Chairman Chung, Tai Sung

1975 ~ 2000

This was a period of great leap forward for Sungchang, as it has cemented its place as a leading wood company in Korea through transformation into a publicly traded company, development of Ondol flooring (world's first), and establishment of particle board factory.


1976. 06
Raised Initial public offerings (listed on the KRX)
1982. 03
Tax Day: Prime Minister’s Commendation
1983. 12
Dr. Chung, Hae Lin appointed the CEO of Sungchang Enterprise Co., Ltd.
1985. 03
Merger with Han Kuk Ceramics Co., Ltd.
1986. 09
Designated as an industrial rationalization company according to the Industrial Policy Deliberative Council
1987. 03
Merger with Bando Timber Co., Ltd.
1987. 05
Relocation of the headquarters (627, Dadae-ro, Saha-gu, Busan)
1988.10
Developed and started sales of the Korea’s first engineered flooring
1988. 01
Merges with Sungchang Forest Development Co., Ltd.
1991. 03
Tax Day: Prime Minister’s Commendation
1993. 04
Awarded the “Industrial Packaging” award for contributions in afforestation /Established the particleboard factory
1995. 09
Removed from the designation as an industrial rationalization company
1999. 11
Acquired KS Certification for Particleboard
2000. 03
Tax Day: Prime Minister’s Commendation



  • 1. Dadae-po in the late 70’s
  • 2. Particle board production facility in the 90’s
  • 3. Sungchang Baseball Team
  • 4. Afforestation seminar held

2001~ 2015

This was a period of creation and readiness, as Sungchang, under the slogan of "Green & Clean," created new values for its coexistence with nature and society, readying itself for next century.

2003. 12
Mr. Choi, Chang Ho appointed as Chief Executive Officer
2006. 02
Completed the project for improving facilities at the particleboard factory
2006. 07
Certified as a local enterprise in Busan metropolitan city
2008. 10
Mr. Kang, Shin Do appointed as Chief Executive Officer
2008. 12
Restructured the company into three enterprises-Sungchang Enterprise Holdings Ltd., Sungchang Enterprise Co., Ltd. and Sungchang enterprise Board Ltd.
2009. 01
Introduced the holding company structure / Introduced the new CI development
2009. 10
Acquired FSC-COC Certification for Sungchang Enterprise Co., Ltd.
2011. 10
Established Lieu Co., Ltd.
2011. 12
Acquired Japanese Agricultural Standard Certificate
2012. 01
Set up a Sungchang Enterprise Resources Planning
2012. 09
Established GC Tech Co., Ltd.
2013. 04
Established Gongju factory branch for GC Tech Co., Ltd.
2013. 08
Established Sungchang Developers Co., Ltd.
2013. 09
Sungchang’s Tego plywood products received KS certification [KS F 31100 (For concrete casting plywood, 1st class)]
2014. 3. 17
Mr. Jo, Jae Min appointed as Chief Executive Officer
2014. 03
Awarded City of Busan Mayor's Commendation



2016~

2016. 11
Celebrating 100th years

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