Sungsin Delta Tech Decides to Provide 474 Billion Won Debt Guarantee to Thai Subsidiary

Sungsin Delta Tech (065350), a manufacturer of home appliances and secondary batteries, announced on July 27 that it has decided to provide a debt guarantee of 474.139 billion won for its subsidiary Shin Sung Delta Tech (Thailand), with Hana Bank Singapore Branch as the creditor. The guaranteed debt amount is 414.1 billion won, with a guarantee period of 5 years from July 27, 2026, to July 27, 2031. The guarantee ratio relative to the company's equity of 356.86227 billion won is 13.28%. The guarantee is intended for refinancing and operational funding of the Thai subsidiary's appliance and component production. Total outstanding guarantee amount is 1,109.5959 billion won, with allocated amounts for other subsidiaries including 30 billion won for Sungsin Automotive (2017-2027), 228.7428 billion won for the Mexico subsidiary (2023-2027), 65.9835 billion won for the Mexico subsidiary (2024-2026), and 167.1582 billion won for the Thai subsidiary (2024-2026) alongside the new 474.139 billion won guarantee. The board meeting was held on July 27, 2026, with three external directors attending.