Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems submitted a corrected disclosure advancing the scheduled acquisition date for its U.S. subsidiary Hanwha Systems USA Corporation’s acquisition of shares in affiliate Hanwha Defense & Energy Corp. (valued at approx. KRW 427.9B) to December 23, 2025.
📊 [Key Disclosure Contents & Summary of Key Figures]
- Correction Details
- Document Corrected: Decision on Acquisition of Shares and Investment Certificates in Other Corporations (Major Management Matters of Subsidiary) (Original Filing Date: November 24, 2025)
- Reason for Correction: Change in scheduled acquisition date
- Correction Date: December 17, 2025 (As stated in the correction header)
- Key Revision: Scheduled acquisition date changed [(Before) December 31, 2025 -> (After) December 23, 2025]
- Details of Share Acquisition (Subsidiary Basis)
- Subsidiary Name: Hanwha Systems USA Corporation (Representative: Nae-hyun Kwon)
- Target Company: Hanwha Defense & Energy Corp. (U.S. entity, Representative: Won-young Jung, Affiliate)
- Core Business: New technology venture firm
- Number of Shares to Acquire: 2,907 shares
- Acquisition Amount: KRW 427,910,400,000 (Approx. KRW 427.9B / USD 290,700,000; Applied FX rate of KRW 1,472.00/USD announced by Seoul Money Brokerage Services on November 24, 2025)
- Ratio to Total Assets: 7.48% (Based on controlling entity Hanwha Systems’ consolidated total assets of KRW 5,724,010,115,718 as of end of FY2024)
- Post-Acquisition Shares Held and Equity Stake
- Shares Held Post-Acquisition: 2,907 shares
- Equity Stake Post-Acquisition: 37.50%
- Purpose and Acquisition Method
- Acquisition Method: Participation in shareholder-allocated rights offering (Cash acquisition)
- Purpose of Acquisition: Equity investment in overseas subsidiary and strengthening local business competitiveness
- Scheduled Acquisition Date: December 23, 2025 (After correction)
- Board Resolution Date: November 21, 2025 (Board approval date of the subsidiary)
- Other Important Matters
- The target entity was newly established in 2025 for U.S. market expansion, and its capital stock and summary financial status are omitted
- The subsidiary (Hanwha Systems USA Corporation) plans to acquire shares in Hanwha Futureproof Corp. through the target company
- Subsidiary Total Assets: KRW 340,299,221,430 (As of end of FY2024; 5.95% of controlling entity’s consolidated assets, classified as major subsidiary)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Subsidiary’s Share Acquisition Completion Pursuant to Revised Schedule
This corrected disclosure reflects the advancement of the scheduled acquisition date to December 23, 2025, for U.S. subsidiary Hanwha Systems USA Corporation’s acquisition of shares in affiliate Hanwha Defense & Energy Corp. Verifying whether the share acquisition process is formally completed according to the updated schedule is essential to tracking the progress of the subsidiary’s overseas equity investment. Related completion details and future updates can be verified through periodic reports and subsequent official disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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