Hanwha Energy Corporation agreed to acquire 7.25% stake in Hanwha Corporation (KOSE:A000880) from Korea Zinc Company, Ltd. (KOSE:A010130) for approximately KRW 140 billion on November 6, 2024. A cash consideration of KRW 152 million valued at KRW 27950 per share will be paid by Hanwha Energy Corporation. As part of consideration, KRW 152 million is paid towards common equity of Hanwha Corporation.