 They were owned and operated by Hyundai Mipo Dockyard and played their home games at Ulsan Stadium.The club was founded in 1998 as works team of Hyundai Mipo Dockyard, global shipbuilding company, and joined the Korea National League in 2003.They have won the National League seven times (2007, 2008, 2011, 2013, 2014, 2015 and 2016).