Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems submitted a corrected disclosure modifying the scheduled acquisition date (payment date) to December 22, 2025, for its acquisition of shares in wholly owned subsidiary HS USA Holdings Corp. (valued at approx. KRW 88.3B).
📊 [Key Disclosure Contents & Summary of Key Figures]
- Correction Details
- Document Corrected: Decision on Acquisition of Shares and Investment Certificates in Other Corporations (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 22, 2025], clarifying this date as the share payment date
- Details of Share Acquisition
- Target Company: HS USA Holdings Corp. (U.S. entity, Representative: Yeon-bo Jeon, Wholly owned subsidiary of Hanwha Systems)
- Core Business: Management of overseas subsidiaries
- Number of Shares to Acquire: 60,000 common shares
- Acquisition Amount: KRW 88,320,000,000 (Approx. KRW 88.3B / USD 60,000,000; Applied FX rate of KRW 1,472.00/USD announced by Seoul Money Brokerage Services on November 24, 2025)
- Ratio to Total Equity: 3.65% (Based on Hanwha Systems’ consolidated total equity of KRW 2,416,416,895,456 as of end of FY2024)
- Ratio to Total Assets: 1.54% (Based on 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: 212,301 common shares
- Equity Stake Post-Acquisition: 100.00%
- Purpose and Acquisition Method
- Acquisition Method: Participation in shareholder-allocated rights offering (Cash acquisition)
- Purpose of Acquisition: Participation in rights offering to secure funds for the subsidiary’s acquisition of equity in another corporation
- Scheduled Acquisition Date: December 22, 2025 (Share payment date, after correction)
- Board Resolution Date: November 24, 2025 (Attendance: 3 Outside Directors, 0 Absent)
- Other Important Matters
- Summary Financial Status of Target Entity (FY2024): Total Assets of KRW 94,022,878,740, Total Liabilities of KRW 5,068,993,650, Total Equity of KRW 88,953,885,090, Capital Stock of KRW 91,835,034,900, Net Loss of KRW -4,754,679,489
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Share Acquisition Completion Upon Payment Settlement
This corrected disclosure reflects the modification and finalization of the scheduled acquisition date (payment date) to December 22, 2025, for Hanwha Systems’ participation in the rights offering of its 100% owned subsidiary HS USA Holdings Corp. Verifying whether the fund transfer and share acquisition procedures were completed in accordance with the finalized schedule is essential to confirming the progress of the subsidiary’s fundraising and equity investments. Related details can be verified through future periodic reports and official financial 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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