Approval of Stock Split and Capital Reduction, Accelerating Business Diversification into Semiconductor Equipment

At the extraordinary general meeting (record date: 2026-05-04, meeting date: 2026-05-28), the resolution for stock split (from 100 won to 500 won par value) and capital reduction (300 won reduction due to fractional shares) was passed as a special resolution with 45.5% of total shares attending and 100% approval.
Outstanding shares will be reduced from 55,083,083 to 11,016,616 (an 80% reduction). Shareholders' holdings will be consolidated at a 5:1 ratio, with the expected post-split price around 6,120 won based on the current price of 1,224 won. The capital reduction of 300 won is negligible, leaving actual capital effectively unchanged.
The articles of incorporation were amended to add 'development, manufacturing, and sales of semiconductor manufacturing equipment and parts' to the business purpose, expanding into the semiconductor sector.
This decision is interpreted as part of a diversification strategy to stabilize the stock price and enhance corporate value through the stock split while securing new growth drivers.
[AI Comprehensive Analysis]The reverse split itself does not alter shareholders' equity value but is expected to lift the stock price level due to reduced share count. The entry into semiconductor equipment is a positive signal for mid-to-long-term growth, but specific performance and profitability of the new business remain unproven, so investors should closely monitor future earnings trends.