SUSTAINABILITY
GOVERNANCERespect for people and socially responsible business practices
MCNEX corporate governance is organised by due and transparent procedures based on commercial law and the Articles of Association.
| Company | MCNEX Co., Ltd |
|---|---|
| Established | 2004-12-22 |
| Listed | 2012-07-25(KOSDAQ) 2021-07-06(KOSPI) |
| CEO | Dong Uk. Min |
| Business Area | Manufacturing |
| Capital | 6.7 Million USD |
| Settlement Term | December |
| Total Capital | 241 Million USD |
| H/Q | 13-39, Songdogwahak-ro 16beon-gil, Yeonsu-gu, Incheon, Republic of Korea. Postcode:21984 |
| Tel. | +82 2-2025-3600 |
| Best Practices for Corporate Governance | ||
|---|---|---|
| Best Practices Recommendations | Status | Remarks |
| Introduction of corporate governance charter | Implemented | |
| Introduction of the Code of Ethics for Employees | Implemented | |
| Adoption of concentrated voting system and announcement of adoption | Not Implemented | |
| Disclosure of the majority of the composition of the board of directors to outside directors | Implemented | 3 out of 3(100%) outside directors |
| Separation or appointment of the CEO and the Charman of the Board of Directors Appointment of an outside director | Not Implemented | |
| Disclosure of BOD activity details, attendance rate, and pros and cons of major agenda items | Implemented | |
| Composition of the Outside Director Candidate Recommendation Committee | Implemented | |
| Compensation Committee Composition | Not Implemented | |
| Disclosure on the composition of all outside directors on the audit committee | Implemented | |
| Introduction of regulations on the roles and operating procedures of the BOD and various committees | Implemented | |
| uying director's liability insurance at the company's expense | Not Implemented | Under Revview |
| Evaluation of Board Activities | Not Implemented | |
| Maintaining the independence of external auditors | Implemented | |
| Accuracy and completeness certification of the financial reporting of the CEO and the person in charge of finance | Implemented | |
| Explanation of differences from best practices | Implemented | |
| Korean and English disclosure of audit reports and important occasional disclosures | Partially Implemented | Official announcement in Korean only. |
MCNEX practices transparent management with responsible management centred on the Board of Directors.
MCNEX is committed to the principle of independence and diversity of expertise for the composition of the Board of Directors, and appoints experts in each area to ensure board expertise.
Stockholders' General Meeting
Board of Directors
Audit Committee
Internal Transaction Committee
Recommendation Committee
| Category | Executive Director | ||
|---|---|---|---|
| Position Expertise |
CEO. Board Chair | Gender | male |
| Date of appointment | 2024. 03. | Term | 3years |
| Committee | |||
| Key Experiences |
- Dongguk University - Chairman of the Global Leading Companies Association |
||
| Category | Executive Director | ||
|---|---|---|---|
| Position Expertise |
R&D, Purchase | Gender | male |
| Date of appointment | 2024. 03. | Term | 3years |
| Committee | |||
| Key Experiences |
- Soonchunhyang University - Former) Hyundai Electronics |
||
| Category | Non-executive Director | ||
|---|---|---|---|
| Position Expertise |
Accounting, Finance | Gender | female |
| Date of appointment | 2024. 03. | Term | 3years |
| Committee |
- Chairman of the Audit Committee - Member of the Insider Trading Committee - Member of the Non-Executive Director Candidate Recommendation Committee |
||
| Key Experiences |
- Pohang University of Science and Technology - Hanul Accounting Corporation |
||
| Category | Non-executive Director | ||
|---|---|---|---|
| Position Expertise |
Finance, Corporate Advisory | Gender | male |
| Date of appointment | 2024. 03. | Term | 3years |
| Committee |
- Chairman of the Internal Transactions Committee - Member of the Audit Committee - Member of the Non-Executive Director Candidate Recommendation Committee |
||
| Key Experiences |
- Korea University - Able IPO |
||
| Category | Non-executive Director | ||
|---|---|---|---|
| Position Expertise |
Strategy, Technology | Gender | male |
| Date of appointment | 2024. 03. | Term | 3years |
| Committee |
- Chairman of the Non-Executive Director Candidate Recommendation Committee - Member of the Audit Committee - Member of the Internal Transactions Committee |
||
| Key Experiences |
- Hanyang Graduate School - Dankook University Future Convergence Research Institute |
||
| STATUS OF ISSUED STOCKS (2023.12.31 ) | |||
|---|---|---|---|
| Category | Stocks | Number of shares | Total face value |
| Total number of issued shares | Common Stock | 17,977,732 | ₩ 10,786,639,200 |
| Number of treasury shares | Common Stock | 360,000 | ₩ 216,000,000 |
| Number of shares outstanding | Common Stock | 17,617,732 | ₩ 10,570,639,200 |
| DIVIDEND INDICATOR (2023.12.31 ) | |||||
|---|---|---|---|---|---|
| Category | 2019 | 2020 | 2021 | 2022 | 2023 |
| The Sum of Cash Dividends (1m won) |
8,817 | 8,817 | 8,915 | 8,842 | 10,571 |
| Dividend per share(won) | 500 | 500 | 500 | 500 | 600 |
| (Consolidated) Cash dividend payout ratio (%) | 10.4 | 23.9 | 22.6 | 38.5 | 37.9 |
| Dividend Yield(%) | 1.7 | 1.3 | 0.9 | 1.8 | 2.0 |
* Based on common stock (no preferred stock)
Establish systems and systems to practice corporate ethics and practice ethical management
MCNEX aims to establish an ethical corporate culture through transparent management and continuous innovation, and to grow together with all stakeholders through honest, fair, and rational business activities. To achieve this goal, we have established Code of Ethics and practice guide, and we use them as the criteria for decision-making and behavior in all our management activities.
Customer
Shareholder
Employee
Supplier
Society
MCNEX TOWER. 13-39, Songdogwahak-ro 16beon-gil, Yeonsu-gu, Incheon, Republic of Korea
T_02.2025.3600 F_02.2025.3610
COPYRIGHT © MCNEX CO.,LTD ALL RIGHTS RESERVED