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

[Asia Economy Reporter Hyunseok Yoo] In the first week of this month (August), AD Chips will conduct a rights offering subscription.

◆AD Chips= AD Chips will carry out existing shareholder subscription and oversubscription from the 6th to the 9th. Additionally, a general public offering subscription will be held from the 11th to the 12th of the same month.

The fixed issue price will be announced on the 4th. The first issue price is 721 KRW, raising a total of 19.3 billion KRW. Of the raised funds, 10 billion KRW will be used to repay borrowings. The remaining 9.3 billion KRW will be used as facility funds for civil engineering balance payments and factory construction costs.

AD Chips was established on April 16, 1996, with the purpose of semiconductor design and distribution. It was listed on the KOSDAQ market on November 13, 2001. Currently, its main businesses are manufacturing and selling refrigeration and freezing equipment, as well as the fashion business. In addition, it is engaged in the fashion business.