Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix has decided to inject KRW 14.428T in cash into its U.S. AI business subsidiary (SK hynix NAND Product Solutions Corp.), and issued a correction disclosure regarding the stock quantity calculation method and potential changes in the issuance price upon execution.
📊 [Key Disclosure Content & Key Figures Summary]
- Correction Details
- Correction Date: 2026-03-03
- Reason for Correction: Description added regarding the calculation method of acquired shares and the potential fluctuation of issuance price
- Key Modification: Added a note under Other Matters Significant to Investment Decisions stating, “The number of shares to be acquired was calculated based on par value, and the issuance price may fluctuate at the time of capital contribution.”
- Target Company Information
- Company Name: SK hynix NAND Product Solutions Corp.
- Nationality / Representative: U.S.A. / Xin Guo, Jinsoo Kang
- Stated Capital: KRW 2,464,039,314,870 (As of FY2024 end)
- Relationship / Main Business: Subsidiary / Semiconductor Sales and R&D
- Total Outstanding Shares: 1,693,653,240 shares
- Acquisition Details and Conditions
- Number of Shares to be Acquired: 10,000,000,000 shares (Calculated based on par value; subject to change upon actual execution)
- Acquisition Amount: KRW 14,428,000,000,000 (KRW 14.428T) (Converted using the Hana Bank base exchange rate of 1,442.8 KRW/USD on 2026-01-27)
- Ratio to Equity: 19.5% (Based on consolidated equity of KRW 73,915,703,612,985 as of FY2024 end)
- Ratio to Total Assets: 12.0% (Based on total assets of KRW 119,855,208,683,285 as of FY2024 end)
- Acquisition Method / Purpose: Cash contribution / Funding for the subsidiary (SK hynix NAND Product Solutions Corp.) to acquire securities of another corporation
- Scheduled Acquisition Date: 2030-03-01 (Final payment limit date)
- Ownership and Shareholding Ratio After Acquisition
- Total Shares Owned: 11,651,029,379 shares
- Shareholding Ratio: 100.0%
- Other Investment Matters and Schedule
- Board Resolution Date: 2026-01-28 (5 Outside Directors attended)
- Execution Plan: Actual contribution will proceed with the surviving entity following a merger between SK hynix NAND Product Solutions Corp. and a new U.S. subsidiary scheduled to be established
- Clarification Details: Confirmed status regarding media reports dated 2026-01-27 (“SK hynix establishes AI investment corporation in the U.S… KRW 10T control tower”)
- Summary Financial Position of Target Entity (K-IFRS, KRW)
- FY2024: Total Assets KRW 6,199,002,267,673 / Total Liabilities KRW 7,882,522,571,131 / Total Equity KRW -1,683,520,303,450 / Capital KRW 2,464,039,314,870 / Revenue KRW 8,096,160,781,504 / Net Income KRW -142,480,831,129
- FY2023: Total Assets KRW 6,158,341,932,326 / Total Liabilities KRW 7,734,491,699,762 / Total Equity KRW -1,576,149,767,436 / Capital KRW 2,444,887,655,070 / Revenue KRW 3,756,840,681,304 / Net Income KRW -3,408,505,082,971
- FY2022: Total Assets KRW 4,453,546,630,128 / Total Liabilities KRW 2,650,848,876,770 / Total Equity KRW 1,802,697,753,358 / Capital KRW 2,429,426,599,379 / Revenue KRW 5,817,276,560,313 / Net Income KRW -1,925,432,157,776
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Merger Progress and Execution Conditions
This capital injection is tied to a merger with a newly established U.S. subsidiary and the reorganization of AI business operations, with corrected terms highlighting potential fluctuations in the issuance price at actual execution. Verifying the completion of the merger process and the finalized investment terms is essential for determining whether this large-scale capital allocation has been successfully concluded as planned. Detailed progress and updates can be tracked through subsequent regulatory disclosures or future periodic filings (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.
Investment Risk Warning: This material is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest solely with the investor.
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