KOREA WHO

Yi Kang-myung is the Chairman and CEO of SungEel HiTech.

He is dedicated to expanding the production capacity of secondary battery materials by building additional waste battery recycling plants both domestically and internationally. He is also interested in lithium iron phosphate battery recycling and energy storage system projects.

Born in December 1966, Yi graduated from Korea University with a degree in Metallurgical Engineering and later obtained a master’s degree in the same field at the same university.

In 1992, he completed his military service as an alternative service member at Daejoo Electronic Materials.

In 2000, Yi co-founded SungEel HiTech with Lee Kyung-ryul, the current President of SungEel HiTech, and Hong Seung-pyo, the current CEO of SungEel HiMetal. Yi and Lee Kyung-ryul were high school classmates.

Initially, SungEel HiTech started as a precious metal recycling company. Recognizing the potential of the recycling business, Yi decided to leave his doctoral program and establish SungEel HiTech.

In 2008, the company shifted its focus to the battery recycling business. As part of this transition, it acquired waste battery scrap technology in 2011 and established a new plant.

In March 2017, the company spun off its secondary battery recycling division to form the newly established SungEel HiTech.

At that time, Yi acquired shares from Hong Seung-pyo, his co-founder and the joint largest shareholder of SungEel HiMetal, becoming the sole largest shareholder of SungEel HiTech.

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