1994

After 20 years of tenure at Hyundai Corporation, Korean-born Mr. Keun Bae Lim leaves to start up a company in Beijing to leverage his extensive trading experience in developing countries.

GyuWoo officially registered as a corporation in 1994, and started trading steel, and chemical raw materials between China and South Korea.

Faced with the sheer amount of competition in trading steel and chemical raw materials in China, Keun Bae Lim found great potential in the rising Chinese shipbuilding industry, and quickly switched focus.

1995

GyuWoo corporation became the first corporation in 1995 to introduce South Korean companies to the Chinese shipbuilding industry.

Thanks to the trust and support of clients, GyuWoo corporation reaches US$1 million in total annual sales.

2005

With the rising Chinese interest in green energy, GyuWoo corporation became the first corporation to introduce South Korean companies to the Chinese wind power industry in 2005.

Thanks to the trust and support of clients, GyuWoo corporation reached US$10 million in total annual sales in 2005, a 10✕ increase in a span of 10 fiscal years.

2008

In times of 2008 global financial crisis, GyuWoo corporation, together with Hyundai Heavy Industries, became the first to introduce the innovative and cost-saving Complete Knock Down method to the newly established Chinese Main Engine builders.

2009

Thanks to the trust and support of clients, GyuWoo corporation reached US$50 million in total annual sales in 2009.

2010

With the steady rise in quality of Chinese manufactured marine and marine engine equipments, GyuWoo corporation spun off Y+C Company Ltd. in 2010, a Chinese company focusing on both intra-China trading as well as importing and exporting goods to and from China. GyuWoo is one of only few foreign corporations to successfully receive government permission to establishe such a business entity in China.

2011

At the height of new shipbuilding around the globe, GyuWoo corporation reached US$100 million in total annual sales in 2011.

Current

Today, both Gyuwoo & Y+C Company import and export products from and to various countries around the world leveraging its extensive network in Korea and China.