open-proxy-mcp
OpenProxy MCP provides AI-powered corporate governance analysis tools for Korean listed companies, leveraging DART (Korea's financial disclosure system) and other public data sources. It offers structured insights via MCP tools across the following domains:
Company Identification: Resolve unified identifiers (ticker, name, DART corp code, business registration number, industry code) from any input.
Shareholder Meeting (AGM) Analysis: Search convening notices, parse structured agendas (director/auditor candidates, compensation limits, articles of incorporation changes, treasury share and capital reserve items), retrieve voting results (pass/fail, approval rates), and run pre- and post-AGM analyses with FOR/AGAINST/REVIEW voting recommendations. Includes PDF/OCR fallback for incomplete XML data.
Ownership Structure: Map major shareholders and related parties, track 5%+ block holdings and ownership purpose changes, detail total issued/treasury/float shares, and run full ownership analysis integrating annual reports with real-time disclosures.
Dividend Analysis: Search dividend disclosures, retrieve DPS, total dividend amount, payout ratio, and yield for common and preferred shares, and analyze multi-year dividend trends.
Proxy Contests & Litigation: Detect management disputes, analyze proxy solicitations (company-side vs. shareholder-side), compare agenda-by-agenda voting directions, track litigation timelines (injunctions, rulings), and run full control dispute analyses.
Value-Up Plans: Search and parse corporate value enhancement disclosures and compare with actual shareholder return execution (dividends, treasury share transactions).
Financial Metrics & Valuation: Integrate DART financial data (profitability, stability, cash flow, DuPont analysis, auditor opinions) and calculate key valuation metrics (PER, PBR, dividend yield) with market, industry, and historical comparisons.
Corporate Risk Events: Monitor disclosures on serious accidents, embezzlement, breach of trust, and production stoppages. Includes news checks on director/auditor candidates across major Korean newspapers.
Comprehensive Governance Report: Generate an integrated report combining AGM, ownership, dividends, proxy contests, and value-up plans across all domains in parallel.
Tool Guidance: Get execution guides covering tool chains, parsing limitations, and proxy voting judgment criteria.
Integrates with DART OpenAPI to fetch and structure Korean corporate disclosure data including shareholder meeting notices, business reports, and major shareholder disclosures for governance analysis.
Uses Naver News API to search for negative news about corporate director candidates and Naver Finance for stock prices, industry names, and dividend market data through web crawling.
OpenProxy MCP
Why OpenProxy?
Governance risk lies at the heart of the "Korea Discount." As passive investing grows and the meaning of stock ownership becomes diluted, this risk is becoming even more apparent. While it is essential to have easy access to governance information and the ability to analyze it quickly, most people lack the time and expertise to read and interpret hundreds of pages of original disclosure documents.
OpenProxy breaks down this barrier with AI. By transforming DART disclosures into structured data, we have made it possible for anyone to perform comprehensive governance analysis—from ownership structures and dividend history to shareholder meeting agendas and management disputes—in just a few seconds.

Related MCP server: OpenDART MCP Server
Quick Start
Step 0: Verify Claude Subscription (Required)
MCP connectors are only available to Claude Pro, Max, and Teams subscribers. Please check your subscription status at claude.ai.
Step 1: Obtain DART API Key (Required)
All data in OpenProxy is sourced from the DART OpenAPI. You must have your own API key to use it.
Visit DART OpenAPI -> Sign up
Apply for an authentication key -> Issued (Free, issued immediately)
Step 2: Connection
Once you have your API key, choose one of the two methods below.
Method A: Remote Server (Takes 30 seconds, no installation required)
Connect by appending your issued DART API key to the end of the URL. The key is used only on the server and is not exposed to the AI.
claude.ai Web:
Go to claude.ai -> Settings -> Connectors
Select "Add Custom Connector"
Name:
open-proxy-mcp, Enter URL:
https://open-proxy-mcp.fly.dev/mcp?opendart=발급받은_키Click "Add" -> 12 tools will be automatically recognized.
Configure the added connector -> Select "Always Allow" under permissions (this allows tools to run automatically without needing approval every time).
Note: If tools are added or changed, it may take some time for the connector MCP server to update. If you delete and reconnect the connector, the latest tools will be reflected immediately. After reconnecting, please open a new chat to try again.
Usage Example
Once connected, you can ask questions in natural language:
"삼성전자 주주총회 안건 분석해줘"
"KB금융 사외이사 후보 독립성 검토해줘"
"현대차 보수한도 적정성 판단해줘"
"삼성전자 지분 구조 보여줘"
"SK하이닉스 배당 추이 알려줘"
"고려아연 경영권 분쟁 분석해줘"
"최근 30일 자사주 소각 결정한 KOSPI 기업 찾아줘"
"최근 60일 임시주총 소집한 기업 리스트업해줘"Please note that OpenProxy does not currently analyze DART financial metrics (updates coming soon).
Tool Structure (12)
The 12 tools are divided into three stages: Discovery → Data Tab → Output Generation.
company # 기업 진입점 — 1개 기업 식별 + 최근 공시 인덱스
│
├─ Discovery Tool (1)
│ └─ screen_events # 이벤트로 기업 찾기 (14종 event_type, KOSPI+KOSDAQ)
│
├─ Data Tools (7)
│ ├─ shareholder_meeting # 주총 (안건 / 이사후보 / 보수한도 / 결과)
│ ├─ ownership_structure # 지분 구조 (최대주주 / 5% 블록 / 자사주 / 변동신고서)
│ ├─ dividend # 배당 사실 (DPS / 배당성향 / 추이)
│ ├─ treasury_share # 자사주 이벤트 (취득 / 처분 / 소각 / 신탁)
│ ├─ proxy_contest # 경영권 분쟁 (위임장 / 소송 / 5% 시그널)
│ ├─ value_up # 밸류업 계획 (약속 / 이행현황)
│ └─ evidence # 공시 원문 링크 (rcept_no → viewer_url)
│
└─ Action Tools (3)
├─ prepare_vote_brief # 의결권 행사 메모
├─ prepare_engagement_case # 주주관여 케이스 메모
└─ build_campaign_brief # 캠페인 브리프There are two usage patterns:
패턴 A (기업 → 분석): company로 시작 → 데이터 탭으로 사실 확인 → action tool로 결과물 생성
패턴 B (이벤트 → 기업): screen_events로 최근 이벤트 낸 기업 찾기 → 각 기업 drill-downEvents supported by screen_events (14 types)
Category | event_type |
Shareholder Meeting |
|
Equity |
|
Treasury Stock |
|
Disputes |
|
Value-up |
|
Dividends |
|
The default lookup period is the last 30 days, and the market is KOSPI+KOSDAQ. Each row in the results includes a link to the original DART disclosure viewer.
Summary by Domain
Domain | Description | Tool Count |
Discovery | Event → Reverse lookup by company | 1 |
Company | Company identification + recent disclosure index | 1 |
Meeting | Agendas, director candidates, compensation limits, articles of incorporation, results | 1 |
Equity | Major shareholders, large holdings, treasury stock, control map, change filings | 1 |
Dividend | Actual dividend facts, DPS, payout ratio, trends | 1 |
Treasury | Acquisition, disposal, retirement, trust events | 1 |
Dispute | Proxy solicitation, litigation, 5% signals | 1 |
Value-up | Corporate value enhancement plans, implementation status | 1 |
Evidence | Links to original disclosure documents | 1 |
Action | Voting memos, shareholder engagement cases, campaign briefs | 3 |
Total | 12 |
Voting Decision Support
When you request a voting decision for a shareholder meeting agenda, it provides FOR/AGAINST/REVIEW opinions based on the following criteria:
Agenda Type | FOR | AGAINST | REVIEW |
Financial Statements | Unqualified opinion | Qualified/Adverse | Extreme payout ratio |
Director Appointment | Meets independence | Lacks independence | 3+ concurrent positions, negative news |
Compensation Limit | Appropriate usage rate | Usage < 30% but increase | 50%+ significant increase |
Articles Amendment | Reflects law (formal) | Excludes cumulative voting | Reduction in board size |
Treasury Stock | For retirement | For management defense | Foundation contribution |
Dividend | Above industry avg | Profit up but DPS down | Dividend cut |
Data Sources
Source | Purpose | Note |
Meeting notices, business reports, large holding disclosures | Required (Free API key) | |
Shareholder meeting voting results | Web crawling | |
Search for negative news on candidates | Optional (Free API key) | |
Stock price, industry name, dividend quotes | Web crawling |
Project Structure
open-proxy-mcp/
open_proxy_mcp/
server.py # FastMCP 서버 (stdio + HTTP)
tools_v2/ # 12개 tool
services/ # 도메인별 분석 로직 (tool과 분리)
dart/client.py # DART API + KIND 크롤링 + 네이버 + rate limiter
Dockerfile # Fly.io 배포용 컨테이너
fly.toml # Fly.io 설정 (nrt 리전, auto-suspend)
wiki/ # 도메인 지식 위키Disclaimer
OpenProxy is a tool that structures DART disclosure data for AI. AI can hallucinate and may provide inaccurate analysis. Opinions provided by the AI are not the opinions of the developer or the developer's organization. Analysis results are for reference only; please ensure you review original disclosures and consult experts for final investment decisions or voting actions.
License
CC BY-NC 4.0 -- Non-commercial use only.
Please cite the source when using the code and data from this project. It cannot be used for commercial purposes.
Maintenance
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