INZI CONTROLS Decides Debt Guarantee of 18.05B KRW for Indian Subsidiary... Total Guarantee Balance Increases to 273.4B KRW

INZI CONTROLS decided to provide a debt guarantee of 18.05B KRW (USD 12M) for a loan of 15.04B KRW (USD 10M) taken by its subsidiary INZI CONTROLS INDIA LIMITED from Citibank India.
The guarantee period starts on May 28, 2026, and the end date will be determined upon loan execution and re-disclosed.
This guarantee increases the total guarantee balance to 273.4B KRW, which is 113.3% of equity (241.4B KRW), highlighting financial leverage risk for investors.
The subsidiary (debtor) has sound financials with recent annual revenue of 81.6B KRW and net profit of 6.8B KRW.
[AI Comprehensive Analysis]This guarantee is a normal business activity to support subsidiary borrowing. Although the guarantee amount is high relative to equity, the debtor's financial health is sound, limiting short-term stock impact. However, the increased total guarantee balance could pose risks from exchange rate fluctuations or subsidiary distress, requiring continuous monitoring.