HYUNDAI BNG STEEL Annual Corporate Group Status Disclosure: Stable Financials, No Material Changes
Financial Position: Assets 710.99B KRW, Liabilities 185.86B KRW, Equity 525.13B KRW, Debt Ratio 35.39% – stable capital structure
Earnings: Revenue 739.20B KRW, Operating Profit 25.07B KRW, Net Income 18.58B KRW
Ownership: Largest shareholder Hyundai Steel (30.9%), plus related parties (including Jeong Il-seon 12.43%) total 45.7% held by group affiliates
Board: 7 directors including CEO Jeong Il-seon (reappointed) and Kim Seong-moon (newly appointed), 3 outside directors, audit committee in place
Related Party Transactions: Majority of sales (approx. 22%) from supplies of STS products to Hyundai Motor and Kia via private contracts; electronic voting adopted (1.44% voting)
Overseas Subsidiary: Wholly owns HYUNDAI BNG STEEL USA, INC. (100%)
No Material Events: No share issuance, cancellation, dividend, or other direct shareholder value events
KOSPI Filing Information
Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]