Hanwha, Hanwha Solutions Participate in Capital Increase

[Asia Economy Reporter Junho Hwang] Hanwha announced on the 19th through its board of directors that it has decided to acquire 9,318,601 shares by participating in the rights offering of Hanwha Solutions. Hanwha made this investment to enhance its stake and corporate value through investment in its subsidiary's business. The scheduled date for acquiring the shares is March 5. Including this transaction, Hanwha's total shareholding in Hanwha Solutions stands at 35.69%.