Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems has decided to acquire 60,000 shares (valued at approx. KRW 88.3B) in its wholly owned subsidiary HS USA Holdings Corp. by participating in a shareholder-allocated rights offering.
📊 [Key Disclosure Contents & Summary of Key Figures]
- Overview of Target Company
- Target Company: HS USA Holdings Corp. (U.S. entity, Wholly owned subsidiary of Hanwha Systems)
- Representative: Yeon-bo Jeon
- Core Business: Management of overseas subsidiaries
- Target Capital Stock: KRW 91,835,034,900 (As of end of FY2024)
- Total Issued Shares: 64,001 shares (As of end of FY2024)
- Details of Share Acquisition
- 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 31, 2025 (Payment date, subject to change depending on schedule)
- Board Resolution Date: November 24, 2025 (Attendance: 3 Outside Directors, 0 Absent)
- Summary Financial Status of Target Entity (FY2024)
- Total Assets: KRW 94,022,878,740
- Total Liabilities: KRW 5,068,993,650
- Total Equity: KRW 88,953,885,090
- Capital Stock: KRW 91,835,034,900
- Revenue: Not specified (-)
- Net Loss: KRW -4,754,679,489
- Related Disclosures
- None
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Payment Schedule and Progress on Subsidiary’s Equity Investment in Another Entity
This disclosure details Hanwha Systems’ capital contribution to its 100% owned subsidiary HS USA Holdings Corp. through participation in a rights offering to fund the subsidiary’s acquisition of equity in another corporation. Verifying whether the capital payment and share acquisition are completed as scheduled on December 31, 2025, and monitoring the subsidiary’s subsequent equity investments using these funds is essential to understanding the financing outcome. Relevant updates can be verified through future periodic reports or 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).
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.
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