Recently, related reports from the Korean media stated that Kumho Tire official has officially announced that it has separated from Kumho Asiana Group. Currently, Kumho Tire is restructuring under the guidance of creditors. 
Asiana Group
Asiana Group According to the relevant person in charge of the company, Kumho Tire has been separated from Kumho Hana Group based on the rules of the monopoly and the Fair Trade Act. It is no longer a subsidiary and becomes an independent company.
Kumho Tire Chairman Jin Zongxi
It is understood that Kumho Tire is in urgent need of new capital injections, and Kumho Tire’s creditors have been working hard to make a better business plan to get Kumho Tire back on track as soon as possible.
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