KORCHIP CEO Jinhyung Son Increases Stake to 47.34% via Open Market Purchases

Jinhyung Son, CEO and major shareholder of KORCHIP, acquired an additional 15,000 common shares through open market purchases on July 3 and 6, 2026.
The purchase prices were 15,044 won and 14,950 won respectively, slightly above the current price of 14,660 won.
This buying increased Son's ownership from 47.17% to 47.34%, a 0.17 percentage point rise.
The move signals the largest shareholder's confidence and commitment to shareholders, positively impacting market sentiment.
The company has 8,770,126 outstanding shares and a market cap of approximately 128.5 billion won.
[AI Summary]The largest shareholder's open market purchase in a price dip demonstrates conviction and aligns interests with minority shareholders. While the direct financial impact is negligible, it enhances credibility and governance trust.