Jeungpyeong Site 2 Industrial Environment Equipment Manufacturing Plant
2. Details of investment
Investment amount (KRW)
20,662,295,000
Equity capital (KRW)
100,826,970,500
Ratio to equity capital (%)
20.5
Classified as a large-sized corporation?
No
3. Purpose of investment
Business diversification and sales expansion via investment in production lines for industrial environment facilities, including OAC
4. Investment period
Start date
2022-01-19
End date
2022-12-31
5. Date of board resolution (decision date)
2022-01-19
- Attendance of outside directors
Present (No.)
2
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
Present
6. Withholding of disclosure
Reasons for withholding disclosure
-
Withholding period
-
7. Other matters to be factored into investment decisions
- The equity capital above is based on the consolidated financial statement of the 2020 business year.
- The amount to be invested and the investment period above are subject to change according to circumstances.
※ Related disclosure
-
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Disclaimer
Shinsung E&G Co. Ltd. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 07:43:01 UTC.
SHINSUNG E&G Co.,LTD., formerly SHINSUNG SOLAR ENERGY CO., LTD., is a Korea-based company principally engaged in the solar power business. The Company operates its business through two divisions: solar power division and other business division. Its solar power division engages in the manufacturing solar cells, including single crystalline solar cells and multi crystalline solar cells, as well as solar modules and systems. Its other business division engages in the management of its subsidiaries and rental business.
SHINSUNG E&G CO.,LTD. 
