Gihoe Electric Chairman Jeong Gyu-Young's Ownership of 4,027,492 Shares Decreases... Ownership Stake Drops 0.84 Percentage Points

Gihoe Electric (001210) Chairman Jeong Gyu-Young's ownership of the company's shares decreased by 4,027,492 to 1,006,872 shares, reducing his stake from 8.98% to 8.14%. The reduction occurred on July 17, 2026, due to a stock merger with a 5:1 consolidation ratio. Gihoe Electric's financials as of December 2025 show total assets of 308 billion won, total liabilities of 207 billion won, and equity of 101 billion won. The company reported 443 billion won in revenue and operating losses of 12 billion won, with a net loss of 39 billion won. Listed on KOSPI since November 15, 1973, Gihoe Electric operates in the light bulb and lighting device manufacturing sector. Its stock price was 894 won at 4:10 PM on July 23, 2026.