Extension of Debt Guarantee for Dalian Hyundai LCD by 1 Year and Increase to 24.5 Billion Won
Extended debt guarantee period for D.H.L (Dalian Hyundai LCD) by one year to 2026.5.21~2027.5.20, with debt amount of 20.395 billion won and guarantee amount of 24.474 billion won (slight increase of +0.8 billion and +0.96 billion won respectively).
Guarantee ratio to equity is 8.0% (equity: 305.259 billion won). Total guarantee balance increases to 69.186 billion won (from 42.062 billion won).
Debtor D.H.L is a related company 100% owned by Tovis. As of 2025 year-end, it has negative equity of -26.158 billion won but received an unqualified audit opinion.
This is an extension of the debt guarantee disclosed on 2025.5.19, providing credit guarantee of USD 16.8 million (exchange rate 1,456.8 won/USD).
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others