Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor temporarily suspended operations across all business sites, including the Ulsan Plant, affecting automobile manufacturing, maintenance, and sales on December 5 and 6, 2024 (2 hours per shift), due to a partial strike associated with KCTU’s general strike.
📊 [Key Disclosure Contents & Major Figures Summary]
- Disclosure Type: Major Management Matters Report (Suspension of Production)
- Target Facilities: All business sites, including the Ulsan Plant (Automobile manufacturing, maintenance, and sales)
- Revenue of Suspended Operations: KRW 78,033,758,000,000 (approx. KRW 78.03T, based on FY2023 separate financial statements, rounded to nearest KRW Million)
- Recent Total Revenue: KRW 162,663,579,000,000 (approx. KRW 162.66T, based on FY2023 consolidated financial statements)
- Percentage of Total Revenue: 47.97%
- Reason for Suspension: Partial strike participating in the Korean Confederation of Trade Unions (KCTU) general strike
- Impact of Suspension: Partial production disruption across all vehicle models
- Suspension Dates:
- December 5, 2024 (2 hours each for 1st and 2nd shifts)
- December 6, 2024 (2 hours each for 1st and 2nd shifts)
- Decision Date: 2024-12-05 (Based on the start date of production suspension)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Normalization of Operations and Further Production Impacts
This filing provides notice of a temporary production stoppage at Hyundai Motor’s facilities caused by union participation in a partial strike. Checking whether manufacturing operations normalize following the scheduled stoppage dates and monitoring for any additional production disruptions is important for confirming operational progress. Further details regarding operational status can be verified in future regulatory filings, such as periodic reports or subsequent production resumption disclosures.
📢 Disclaimer & Source Notice
Source: This content has been structured and newly created based on official submission data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content 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 securities. All investment decisions and financial responsibilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
