Hwasung Corporation: Largest Shareholder Hyunjiho's Shares Increase by 57,278... Influenced by Close Relative Currentlymo's Intra-Day Purchases

Hwasung Corporation (013520) announced on July 28 that its largest shareholder Hyunjiho's holdings increased by 57,278 shares. This change resulted from Hyunjiho's close relative Currentlymo purchasing 55,000 shares on July 22, 278 shares on July 23, and 2,000 shares on July 28. Prior to the change, Hyunjiho held 2,884,955 shares, raising the total to 2,942,233 shares. The combined stake of the largest shareholder and related parties rose from 25,245,050 shares (50.44%) to 25,302,328 shares (50.55%), an increase of 0.11 percentage points. As of July 28, Hyunjiho holds 17,727,275 shares (35.42%), Currentlymo holds 2,942,233 shares (5.88%), and the affiliated company Hwasung Industries holds 4,632,820 shares (9.26%) of the 50,051,252 issued shares. The company's consolidated financials as of December 2025 show total assets of KRW 1.2326 trillion, liabilities of KRW 813.9 billion, equity of KRW 418.7 billion, revenue of KRW 1.6398 trillion, operating profit of KRW 83.1 billion, and net profit of KRW 103.1 billion. Listed on the KOSPI since February 22, 1991, Hwasung Corporation operates in automotive original equipment manufacturing. The stock closed at KRW 2,425 on July 28, down 105 (-4.15%) from the previous day.