Paru Approves Stock Merger and Articles of Association Amendment at Temporary Shareholders' Meeting

Paru (043200), a solar energy specialist, approved both a stock merger and partial articles of association amendment at its temporary shareholders' meeting on July 16, 2026, and disclosed the results. The merger received 33.8% approval based on issued shares and 100% approval based on voting shares, with 0% opposition. The articles amendment also passed with identical approval rates. As of December 2025 financials, Paru reported total assets of 561 billion won, liabilities of 322 billion won, and equity of 239 billion won, alongside revenue of 288 billion won and a net loss of 41 billion won. Listed on KOSDAQ since July 19, 2000, Paru specializes in electric motor generators and power conversion/control systems. Its stock closed at 574 won on July 16, down 1 won (-0.17%) from the previous day.