Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems announced that its overseas subsidiary, Hanwha Philly Shipyard Inc., decided on a capital increase of approximately KRW 147.2B (with no new shares issued) to fund facility investments.
📊 [Key Disclosure Contents & Summary of Key Figures]
- Disclosure Overview
- Subsidiary Name: Hanwha Philly Shipyard Inc. (Unlisted overseas entity in the U.S., Representative: David Seungpyo Kim)
- Core Business: Steel ship manufacturing
- Disclosure Type: Major management matters of subsidiary (Decision on capital increase)
- Details of Capital Increase
- Purpose of Capital Raising: Facility funds of KRW 147,200,000,000 (Approx. KRW 147.2B / USD 100,000,000; Applied FX rate of KRW 1,472.00/USD announced by Seoul Money Brokerage Services on November 24, 2025)
- Method of Capital Increase: Shareholder allocation
- New Shares Issued: No new shares issued (Number of shares, par value, and issue price not applicable)
- Total Issued Shares Prior to Increase: 2,279.65 common shares
- Scheduled Payment Date (Final Completion Date): December 31, 2025
- Board Resolution Date: November 21, 2025 (Board approval date of the subsidiary)
- Financial Summary & Other Notes
- Subsidiary Total Assets: KRW 296,795,740,617 (As of end of FY2024; Classified as major subsidiary)
- Controlling Company (Hanwha Systems) Consolidated Total Assets: KRW 5,724,010,115,718 (Based on consolidated financial statements as of end of FY2024)
- Subsidiary Assets to Consolidated Assets Ratio: 5.19%
- Other Notes: The payment date is the final target completion date and the capital increase will proceed according to business progress, subject to potential changes
- Related Disclosures
- None
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Payment Schedule and Completion of Subsidiary’s Capital Increase
This disclosure details a decision by overseas subsidiary Hanwha Philly Shipyard Inc. to proceed with a shareholder-allocated capital increase (with no new shares issued) to secure facility investment funds. Verifying whether the fundraising process proceeds as planned through the scheduled payment date (December 31, 2025) is essential to tracking the subsidiary’s financing status. Specific details regarding completion can be checked through future periodic reports or corrected 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).
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities lie with the investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
