Winix Decides on Physical Division of Heat Exchanger Manufacturing and Sales Division

[Asia Economy Reporter Geum Boryeong] Winix announced on the 20th that it has decided to carry out a simple and physical division of its heat exchanger manufacturing and sales division.

After the division, Winix will continue as a KOSDAQ-listed company responsible for manufacturing and selling household electric appliances. The newly established company after the division will be an unlisted corporation. The provisional name of the new company is Yuwon. The division date is January 1 of next year.