Dynamic Design Selected as the Top Supplier of Tire Molds for Kumho Tire

Dynamic Design announced on the 22nd that it has been selected as the top supplier of tire molds for Kumho Tire, a global tire manufacturer.

Kumho Tire's international bidding is conducted annually, divided into domestic and global business divisions. The final supplier is selected by evaluating participating companies based on supply price, supply capacity, and quality competitiveness.

Dynamic Design explained that with this selection, it is further solidifying its partnership with Kumho Tire while strengthening its brand status in the global market.

The company expects to secure higher sales than initially anticipated, having been selected as the top supplier for Kumho Tire's global production bases (Korea, China, USA, Vietnam) this year.

To strengthen its sales capabilities, Dynamic Design is working on securing price competitiveness and expanding customer supply capacity at its global production bases. It is promoting new investments and establishing systems for product quality improvement and productivity enhancement at overseas subsidiaries, including those in Indonesia, China, and Romania.

Based on this, the company is actively pursuing sales not only to Kumho Tire but also to global tire companies such as Bridgestone, expecting further order expansion.

A representative from Dynamic Design stated, “Our company has been selected as Kumho Tire’s top supplier for two consecutive years based on quality competitiveness and technological innovation, and we are strengthening our sales capabilities based on establishing brand status with Kumho Tire and global clients.”

Meanwhile, on the 19th, Dynamic Design submitted a corrected disclosure regarding the withdrawal of the decision for a third-party allotment capital increase at the board of directors meeting.

A company representative said, “Regarding the mineral business in Indonesia, we are conducting on-site verification along with legal matters through domestic and international law firms and local accounting firms, carefully reviewing business feasibility and proceeding sequentially. Various preparations are also underway for new business investment funds. Once specific details regarding funding and business progress are finalized, disclosures will be made according to the schedule.”