Sunpil Gong and Daiyang D&C Co., Ltd. acquired 32.44% stake in Daiyang Metal Co., Ltd. (KOSE:A009190) for approximately KRW 13.2 billion on April 16, 2020. As part of the acquisition, Daeyang Holdings Company will acquire 17.31% stake in Daiyang Metal Co., Ltd. (KOSE:A009190) and Sunpil Gong will acquire 15.12% stake in Daiyang Metal Co., Ltd. Sunpil Gong and Daiyang D&C Co., Ltd. completed the acquisition of 32.44% stake in Daiyang Metal Co., Ltd. (KOSE:A009190) on April 16, 2020.