Hanon Systems Stocks

Hanon Systems is a prominent global supplier in the automotive sector, specializing in the development, manufacture, and distribution of advanced thermal and energy management solutions. Their comprehensive product portfolio serves a diverse array of vehicles, encompassing conventional, electric, hybrid, fuel cell, and autonomous models, with operations spanning South Korea, Europe, Asia, and the Americas. The company's offerings include complete heating, ventilation, and air conditioning (HVAC) systems, alongside crucial components such as radiators, compressors and clutches, charge air coolers, exhaust gas recirculation (EGR) modules, electronic coolant pumps and valves, electronic waste gate actuators, cold storage evaporators, and electronic throttle bodies. They also provide integrated cooling modules, which combine radiators, condensers, fans, and shrouds, as well as automatic and manual front and rear temperature controls for HVAC systems, and cluster ion generators. In the realm of fluid transport, Hanon Systems delivers essential products like refrigerant lines, coolant lines, transmission oil cooler lines, accumulators, receiver driers, internal heat exchangers, and metal seal fittings. Beyond manufacturing, the company is actively involved in research and development, technology consultation, and the international trade (import and export) of automotive components. Founded in 1986, Hanon Systems is headquartered in Daejeon, South Korea. The company, formerly known as Halla Visteon Climate Control Corporation, adopted its current name in August 2015 and operates as a subsidiary of Hahn & Co. Auto Holdings Co., Ltd.