DAE-IL Corporation is a Korea-based company mainly engaged in the manufacture of automobile parts and heavy equipment parts. The Company mainly provides three categories of products: automobile parts, which include diff sub-assemblies, clutch shafts, planet carrier shafts, oil pump gears, reaction shaft assemblies and others used for transmissions and engines of passenger cars and commercial vehicles; heavy equipment parts, such as transaxle and drive axle assemblies for transmissions of heavy equipment, such as forklifts, and motorcycle parts, which include engines and transmission assemblies for motorcycles and agricultural equipment. On July 15, 2011, the Company acquired a certain shares of a China-based company, mainly engaged in the manufacturing of automobile parts. After the transaction, it holds 100% of the China-based company.