Its current CEO and chairman is Joon Kim.
The company was founded by Kim Seong-su (1891–1955) on October 5, 1919, during the Japanese Imperial Period as Keibō (京紡).
It was meant to assist in achieving national independence by helping create economic self-sufficiency for Korea.
Kim established it under the name Keijo Textile Corporation (京城紡織株式會社).
The company changed its registered business name to the current name on July 14, 1970.