Disposal of L-H Battery Company Factory Building (Approx. KRW 4.2 Trillion)
Subsidiary L-H Battery Company, Inc decided to dispose of all building and building-related assets (excluding land and equipment) at its Ohio plant to Honda Development and Manufacturing of America, LLC
Disposal amount approximately KRW 4,224,329,960,000 (based on book value of $2,856,400,000, subject to exchange rate changes)
Purpose is to enhance JV operational efficiency; disposal date changed to June 30, 2026
The asset represents 4.5% of LG Chem's consolidated total assets as of end-2024 (KRW 93.86 trillion)
KOSPI Filing Information
Filing: [Correction of Description] Decision on Disposal of Tangible Assets (Major Management Matters of Subsidiaries)