Hwaseung R&A Affiliate Decides on Debt Guarantee Worth 3.9 Billion Won

[Asia Economy Reporter Park Jun-yi] Hwasung Special Rubber (Taechang) Co., Ltd., an affiliate of Hwasung R&A, announced on the 6th that it has decided to provide a debt guarantee of 3,880,320,000 KRW to the KDB Industrial Bank Shanghai Branch. This amounts to 6.44% of its equity capital.