Chemtronics, Change in Large Shareholding Status - Cross-held Shares Conversion and Special Relation Change
Special relation Lee Kang-sun resigned on Jan 1, 2026 and sold shares in market, reducing special relation count from 12 to 11 for the reporting entity Wits Co., Ltd.
430,704 redeemable preferred shares of Chemtronics held by Wits were converted into common shares on April 17, 2026, following a conversion request on March 31, 2026.
The shares are classified as cross-held and voting rights are restricted under Article 369(3) of the Commercial Act.
No new acquisitions or disposals; the report reflects only conversion of existing shares and change in special relations.