Hanchang Paper Chairman Kim Seung-han's Stake Slightly Increases by 0.07%p via Open Market Purchase by Representative Lee Sang-mu, Aiming to Maintain Control
Situation: As of June 16, 2026, Chairman Kim Seung-han's combined stake with special relations increased to 40.18%, up 0.07%p from the previous report.
Cause: Newly included special relation Lee Sang-mu, representative director, acquired 9,153 shares through open market purchases from June 9 to 11, 2026, funded by approximately KRW 20 million in cash holdings.
Impact: The small change in shares results in negligible dilution, and no capital changes or shareholder return policies are involved; the purpose is to strengthen control.
Additional: Affiliate Youngwoo International has pledged 687,812 shares representing 5.76% as collateral to Hana Bank for existing loans.
[AI Summary]This report shows a minor stake increase to maintain management control with no direct impact on shareholder value. Investors should view this as a neutral event with no change in governance stability.