Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix corrected the scheduled acquisition date to December 1, 2030, following an extension of the capital contribution period for its Chinese subsidiary (SK hynix Semiconductor (China) Ltd.) worth approx. KRW 2.394T.
📊 [Key Disclosure Content & Key Figures Summary]
- Correction Details and Reason
- Reason for Correction: Extension of the contribution period (Original filing date: 2022-06-07)
- Scheduled Acquisition Date: (Before Correction) 2022-06-21 → (After Correction) 2030-12-01
- Other Details Correction: (Before) Installment contributions planned from 2022.06.21 to 2025.12.31; date noted as initial payment date → (After) Installment contributions planned from 2022.06.21 to 2030.12.01; date noted as final payment date
- Target Company Information
- Company Name: SK hynix Semiconductor (China) Ltd.
- Nationality / Representative: China / Seok-Hee Lee
- Stated Capital: KRW 3,026,255,316,667 (As of FY2020 end)
- Relationship / Main Business: Subsidiary / Semiconductor Manufacturing
- Acquisition Details and Conditions
- Acquisition Amount: KRW 2,394,000,000,000 (approx. KRW 2.394T)
- Ratio to Equity: 4.6% (Based on consolidated equity of KRW 51,909,096,804,828 as of FY2020 end)
- Ratio to Total Assets: 3.4% (Based on total assets of KRW 71,173,853,415,044 as of FY2020 end)
- Acquisition Method / Purpose: Cash contribution (Conversion of loan to equity) / Securing funds for Wuxi production facility investment
- Post-Acquisition Shareholding Ratio: 100%
- Other Matters Significant to Investment Decisions
- This correction pertains to capital contributions for expanding production facilities and equipment in Wuxi
- Board Resolution Date: 2022-01-27 (6 Outside Directors attended)
- Exchange Rate Applied: Initial Hana Bank exchange rate of 1,197.0 KRW/USD on the board resolution date
- Target Entity Financial Summary (As of FY2020 end, K-IFRS): Total Assets KRW 11.863T / Total Liabilities KRW 6.685T / Total Equity KRW 5.178T / Revenue KRW 3.937T / Net Income KRW 484.7B (Audit Opinion: Unqualified)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Progress of Capital Contribution and Execution Verification
This filing corrects the installment contribution period regarding the funding for SK hynix’s Wuxi facility investments. It is important to track whether installment contributions are executed as scheduled within the approved limits through the revised final payment date (2030-12-01). Execution results and updated status can be cross-referenced in future corrective disclosures or periodic reports (Quarterly, Half-Yearly, or Annual Reports).
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official disclosure data from the Financial Supervisory Service’s DART system.
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