EUGENE Corporation's holdings halved due to 2:1 reverse split of TONGYANG Inc but ownership ratio unchanged at 26.82%

As of July 9, 2026, major shareholder EUGENE Corporation's holding in TONGYANG Inc decreased by 28,869,296 shares from 57,738,592 to 28,869,296 shares.
This change results from TONGYANG's 2:1 reverse stock split, and the ownership ratio remains unchanged at 26.82%.
The reverse split increases per-share price and reduces outstanding shares without diluting existing shareholders' economic interest.
[AI Summary]The finalized 2:1 reverse split of TONGYANG Inc halved EUGENE Corporation's share count but preserved its ownership stake. This capital restructuring aims to enhance stock price stability and carries no dilution risk for current shareholders.