TONGYANG Inc. is a Korea-based company engaged in the construction and construction material, fiber and appliance and plant businesses. Its construction and construction materials business manufactures ready mixed concrete (Remicon), and construction of residential, architectures, industrial plants and civil engineering works. Its fiber business produces fibers, non-woven fabrics and apparels. Its appliance and plant business manufactures steam ovens, gas ovens, dish cleaners, water purifiers, water purifiers, air purifiers, refrigerators and others, and manufactures fans, blowers, air cooled vacuum condensers, water treatment facilities and others. Through its subsidiaries, it also engages in the manufacture of cements, trading of coals and leathers and others. On August 9, 2011, the Company changed its name from Tong Yang Major Corporation to TONGYANG Inc. On June 28, 2011, it sold entire 100% stake in Tong Yang Resort.Co.,Ltd.