SK ie technology injects 244.3 billion KRW into Chinese subsidiary for debt repayment... burden of supporting loss-making subsidiary
SK ie technology plans to contribute approximately 244.3 billion KRW to its wholly-owned subsidiary SK Hi-tech Battery Materials (Jiangsu) Co., Ltd. for debt repayment
The contribution amounts to 9.39% of the company's equity (approx. 2.6 trillion KRW) and will be made in cash
The Chinese subsidiary, engaged in separator production and sales, has recorded net losses for two consecutive years, with a loss of about 86.6 billion KRW in 2025
No new shares are issued by SK ie technology, but the cash outflow increases financial burden and potential need for further support if losses persist
The company disclosed plans for a third-party allotment within six months
KOSPI Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations