Jinmu Group
Native name | 진무그룹 |
---|---|
Public | |
Traded as | DESE: JM |
Industry | Conglomerate |
Founded | December 2, 1861 |
Founder | Saeho Kim |
Headquarters | Donggyeong, Zhenia |
Area served | Worldwide |
Key people | Jinwoo Kim (President; CEO; Chairman of the Board) |
Products | Aerospace products, automobiles, consumer electronics, medical equipment, military, robotic equipment, semiconductors, railroad vehicles, shipbuilding, steel, telecommunications equipment |
Services | Information and communications technology, construction, financial services, medical and health care services, retail, entertainment, insurance, transport |
Revenue | $689.18 billion (FY 2019) |
$59.1 billion (2019) | |
$49.9 billion (2019) | |
Total assets | $781.5 billion (2019) |
Total equity | $104.01 billion (2019) |
Number of employees | 1,190,591 (group total, 2019) |
Subsidiaries | Jinmu Defense Industries Jinmu Electronics Jinmu Finance Jinmu Heavy Industries Jinmu Holdings Jinmu Insurance Corporation Jinmu Motor Company Jinmu Transport Ltd. |
Website | jinmugroup.com |
The Jinmu Group (Zhenian: 진무그룹, stylized as JINMU) is a Zhenia-based multinational conglomerate founded by Kim Saeho. Headquartered in Donggyeong, it is the largest civilian corporation in Zhenia both by revenue and number of employees worldwide. It consists of over 90 fully-owned and partially-owned subsidiaries, most of which are owned by Jinmu Holdings.
Founded in 1861 during the Zhenian Civil War as a shipbuilding company near Shinhang by Kim Saeho, Kim and his family members spearheaded the expansion into various industries over the ages, including construction, railroad vehicles, transport and later automobiles. It surpassed the decades-older Hanshin Group to become the largest enterprise of the nation in the 1930s, while its restructuring after the Second Great War resulted in many of its businesses being converted into fully-owned subsidiaries. During Kim Shimin's rule, it has expanded its services globally, with increasing importance on its electronics and semiconductors sales. It retains some of the highest levels of global brand value in the world.
As of 2019, Jinmu Holdings remains the holding company of the entire group. Along with other corporations, such as the Hanshin and Paragon Groups, it has been one of the core driving forces of the Zhenian economy, having spearheaded the Miracle of the Danbon River. Despite ongoing competition with rival corporations and concerns over monopolies, with it subsidiaries combined, the Jinmu Group remains the largest civilian company in Zhenia, outgunning its competitors with economic and political power in the nation.