Tinkware Sells Entire Stake in Subsidiary Beagle

[Asia Economy Reporter Hwang Junho] Thinkware announced on the 30th that it has disposed of all 107,600 shares of its affiliate Beagle. The disposal amount was 8,280,790,000 KRW, which corresponds to 5.02% of the company's equity capital. The company stated, "The funds raised from the sale of shares will be used to secure investment resources for mid- to long-term projects such as the development of autonomous driving high-precision maps."