Decision to Acquire 100% Stake in Samik Yoo Gah Gong for KRW 27.5 Billion (New Business Entry)

Correction date: 2026-04-30, acquisition date changed from 2026-04-30 to 2026-05-31
Decision to acquire 320,000 shares (100%) of Samik Yoo Gah Gong (manufacturing) for KRW 27.5 billion in cash
Purpose: new business entry, representing 18.64% of equity (KRW 147.5 billion)
Target financials (2024, audited): assets KRW 30.5B, liabilities KRW 18.5B, equity KRW 12B, sales KRW 38B, net income KRW 3.3B
Net income surged from KRW 348M to KRW 3.3B year-over-year
No special matters such as backdoor listing

Filing: [Correction of Description] Decision on Acquisition of Stocks and Equity Securities of Other Corporations
Company: Choheung (002600)
Submission: Choheung Corporation
Receipt: 04-30-2026
Under KRX KOSPI Market Division