Fourth-link Inc. (KOSDAQ:A056730) acquired Lotus Engineering Co.,Ltd. from a group of shareholders for KRW 10 billion on January 22, 2021. Fourth-link acquired 0.16 million shares of Lotus Engineering. Fourth-link used its own funds to finance the acquisition. For the year 2020, Lotus Engineering reported KRW 18 billion in total assets, KRW 5 billion in total equity, KRW 23 billion in revenues and KRW 160 million in net income. Board of Directors resolved the merger on January 22, 2021. Fourth-link Inc. (KOSDAQ:A056730) completed the acquisition of Lotus Engineering Co.,Ltd. from a group of shareholders on January 22, 2021.