HS HYOSUNG Decides to Guarantee 36.27B KRW Debt for Subsidiary HS Hyosung Vietnam's Trade Finance Facility Extension

HS HYOSUNG's subsidiary, HS Hyosung Advanced Materials, decided to guarantee 36.27B KRW (4.39% of equity) for affiliate HS Hyosung Vietnam's trade finance facility extension
Guarantee period: June 4, 2026 to June 3, 2027; amount based on USD 24M at exchange rate 1USD=1,511.30 KRW
Debtor HS Hyosung Vietnam's 2025 financials: total assets 752.8B KRW, liabilities 449.9B KRW, equity 303.0B KRW, net profit 132.7B KRW - sound financial standing
Total guarantee balance for affiliates rises to 1.73T KRW (including unused limits)
Direct financial impact limited, but contingent liability risk persists due to expanded affiliate exposure
[AI Summary]This disclosure is a routine renewal of an existing trade finance facility by a subsidiary for an affiliate, not a new borrowing or major increase in financial burden, so the direct impact on shareholder value is minimal. However, HS HYOSUNG's total guarantee balance exceeds 1.7T KRW, posing a risk of contingent liabilities materializing if affiliates falter, warranting continuous monitoring by investors.

Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)
Company: HS HYOSUNG (487570)
Submission: HS HYOSUNG Corporation
Receipt: 06-02-2026
Under KRX KOSPI Market Division