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Shinil Precision manufactures heavy industrial parts, including slewing bearings and valves.
Founded in 1987 and based in Gangneung-si, Shinil Precision manufactures parts for construction and manufacturing equipment, including slewing bearings and valves used in wind power generators, excavators, and hydraulic equipment. In February 2022, Well to Sea Investment agreed to acquire full ownership of the company and four affiliated companies owned by SIG. The company recorded approximately KRW 36 billion in revenue and KRW -4.9 billion in operating income in 2020.
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