MOTONIC CORPORATION is a Korea-based company engaged in the manufacture of automobile parts. The Company's products consist of liquefied petroleum injection (LPI) systems, continuously variable valve lifts, gasoline direct injection (GDI) pumps, actuators, compressed natural gas (CNG) systems, exhaust gas recirculations (EGRs), vacuum pumps, air induction components, liquefied petroleum gas (LPG) bi-fuel system parts, sensors, rocker arms and others. The Company distributes its products within domestic market and to overseas markets. As of December 31, 2011, the Company had three affiliated companies.