Eunhee Park and Special Relations Reduce Pledged Shares by 1.46%p via Loan Repayment… No Change in Control


  • (Status) The total shares held by the filer (Eunhee Park) and 11 special relations remain unchanged at 6,990,256 shares (64.09%) compared to the previous report.
  • (Cause) Due to repayment of a stock-backed loan by a related party, the number of shares under pledge decreased from 1,195,017 shares (10.96%) to 1,035,017 shares (9.49%), a reduction of 160,000 shares.
  • (Impact) The lower pledged ratio of 9.49% partially reduces forced selling risk in case of a sharp price decline, but 9.49% is still significant; investors should monitor further changes.
  • (Control) The controlling shareholder group's aggregate stake remains at 64.09%, indicating no change in management stability.
  • [AI Comprehensive Analysis]This is a routine disclosure reflecting a reduction in pledged shares due to loan repayment by a related party, with no material impact on enterprise value or stock price. However, the still-high pledge ratio warrants attention for downside risk.

KOSDAQ Filing Information


  • Filing: Report on Large Shareholding (General)
  • Company: KOREA PHARMA (032300)
  • Submission: Eunhee Park
  • Receipt: 05-28-2026