CS HOLDINGS Co., Ltd. is a Korea-based holding company engaged in the management of subsidiaries. As of December 31, 2011, the Company had three subsidiaries: CHOSUN WELDING POHANG Co., Ltd and CHOSUN WELDING CO.,Ltd, which are engaged in the manufacture of welding materials, as well as DongYang Metal Co., Ltd., engaged in manufacture of welding materials, as well as provision of cargo handling and transportation arrangement services. The Company acquired a certain shares of DongYang Metal Co., Ltd. on March 23, 2011, increasing its stake in DongYang Metal Co., Ltd. to 100.00% from 5.00%.
(Source: ARS)