Major Shareholder Hongjin Industrial Reports Collateral Loan Extension, Maintains 32.42% Stake in Hanil Forging
Hongjin Industrial reaffirms holding 32.42% (10,663,791 shares) of Hanil Forging with no change.
Filing reason: extension of 3 billion won collateral loan with BNK Investment Securities (collateral: 2,143,240 shares) from Feb 19, 2026 to May 20, 2026.
Existing 3 billion won loan with Korea Investment Securities (collateral: 2,648,677 shares) remains within term (until June 30, 2026).
Total pledged shares under collateral agreements: 4,791,917 shares (14.57%), unchanged from previous report.
Special related party Chairman Hong Joon-seok holds 2,047,782 shares (6.2%), no change.
This is a routine report for maintaining management control, with no direct impact on shareholder value.