DONGWON METAL Largest Shareholder Lee Eun-woo and Special Relations Increase Stake by 1.95%p via Open Market Purchase and Pledge Loan for Management Control


  • As of the report date, the total stake of largest shareholder Lee Eun-woo and nine special relations increased from 22.22% to 24.17%, driven by a gift to his son Lee Seung-jae and open market purchases.
  • Lee Seung-jae borrowed 1.5 billion KRW from Korea Securities Finance, pledging 2.3 million shares 5.35% of total outstanding as collateral.
  • The filer stated intention to exercise influence on management decisions including executive appointments, capital changes, and dividend policy.
  • [AI Summary]The stake increase signals commitment to control, but the use of collateralized loans for stock purchases introduces margin risk. No corporate capital change occurs, but personal leverage could pose financial risk.

KOSPI Filing Information


  • Report on Large Shareholding (General)
  • Company: DONGWON METAL (018500)
  • Submission: Lee Eun-woo

  • Shares: 46,754,933
  • Price: 1,407 KRW
  • Market Cap: 65.8 B KRW