[This Week's Paid-in Capital Increase] Public Offering Schedule for the Fourth Week of July

[Asia Economy Reporter Yoo Hyun-seok] In the fourth week of this month (July), L&F, Gwangjin Wintec, S-Energy, Jayjun Cosmetic, and Ssangyong Information & Communications will proceed with rights offering subscriptions.

◆L&F= L&F will conduct subscriptions for the employee stock ownership association and existing shareholders from the 19th to the 20th. Subsequently, a general public offering for forfeited shares will be held from the 22nd to the 23rd.

The fixed price per share is 76,400 KRW, raising a total of 496.6 billion KRW. For facility funds, 230 billion KRW will be used from August to October to establish manufacturing facilities for cathode active materials for secondary batteries. Additionally, 266.6 billion KRW will be allocated for operating funds to procure raw materials such as lithium and nickel compounds, with usage scheduled from this month through December.

L&F was established in July 2000 with the purpose of manufacturing and selling LCD BLU. In August 2005, L&F New Materials was founded to start the cathode active materials business for lithium-ion secondary batteries. In February 2016, L&F and L&F New Materials merged to strengthen their core business in cathode active materials.

◆Gwangjin Wintec= Gwangjin Wintec will conduct subscriptions for existing shareholders from the 21st to the 22nd. A general public offering is planned from the 26th to the 27th.

The fixed issue price will be announced on the 19th. The currently confirmed first issue price is 2,705 KRW, aiming to raise a total of 20.8285 billion KRW. The company plans to use all the raised funds for debt repayment.

Gwangjin Wintec was established on January 1, 1999, with the main business of manufacturing automobile parts. It entered the KOSDAQ market on October 20, 2006.

◆S-Energy= S-Energy will conduct subscriptions for existing shareholders from the 21st to the 22nd. A general public offering is scheduled from the 26th to the 27th.

The fixed issue price will be announced on the 19th. The currently confirmed first issue price is 3,795 KRW, raising a total of 17.1 billion KRW. Of the funds raised, 6.5 billion KRW will be used for the construction of a new office building in Godeok-dong, Gangdong-gu, Seoul. Additionally, 8.8 billion KRW will be allocated for loan repayment. Furthermore, 1.5 billion KRW will be invested to purchase raw materials, focusing on cells, for high-durability modules (for floating solar power generation) required for the construction of the Iwonho floating solar power plant.

S-Energy was established on January 12, 2001. It currently operates primarily in the solar cell module and solar power system installation and power generation business. It entered the KOSDAQ market in 2007.

◆Jayjun Cosmetic= Jayjun Cosmetic will conduct subscriptions for the employee stock ownership association and existing shareholders from the 22nd to the 23rd. A general public offering is planned from the 27th to the 28th.

The fixed issue price will be calculated and announced on the 20th after being determined on the 19th. The currently confirmed first issue price is 1,370 KRW, aiming to raise a total of 27.4 billion KRW. Of the raised funds, 14.8 billion KRW will be invested in establishing new cosmetic lines and expanding sales channels. Additionally, 12.6 billion KRW will be used for debt repayment.

Jayjun Cosmetic is a company specializing in the manufacture and sale of cosmetics such as mask packs.

◆Ssangyong Information & Communications= Ssangyong Information & Communications will conduct subscriptions for the employee stock ownership association and existing shareholders from the 23rd to the 26th. A general public offering is scheduled from the 27th to the 28th.

The fixed issue price will be calculated and announced on the 21st after being determined on the 20th. The currently confirmed first issue price is 827 KRW, aiming to raise a total of 19.4 billion KRW. Of the raised funds, 2.4 billion KRW will be invested in hiring new personnel, scheduled from the third to the fourth quarter of this year. Additionally, 17 billion KRW will be used for debt repayment, including repayment of financial institution loans.

Ssangyong Information & Communications was established on December 8, 1981. It was listed on KOSDAQ on April 14, 2000. The company operates in the domestic IT service market, focusing on SI and maintenance businesses.