Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems announced that its U.S. subsidiary, Hanwha Systems USA Corporation, decided to acquire 2,907 shares (valued at approx. KRW 427.9B) in affiliate Hanwha Defense & Energy Corp. through participation in a shareholder-allocated rights offering.
📊 [Key Disclosure Contents & Summary of Key Figures]
- 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 31, 2025 (Subject to change depending on progress)
- 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)
- Related Disclosures
- None
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Payment Schedule and Progress on Overseas Equity Investment
This disclosure details the capital contribution by U.S. subsidiary Hanwha Systems USA Corporation to participate in the rights offering of newly established affiliate Hanwha Defense & Energy Corp., through which it intends to acquire shares in Hanwha Futureproof Corp. Verifying whether the capital payment and share acquisition are completed as scheduled on December 31, 2025, and tracking the subsequent share acquisition of Hanwha Futureproof Corp. via the target company is essential. Relevant updates can be verified through future periodic reports and 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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