YEST Co., Ltd. (KOSDAQ:A122640) entered into a contract to acquire an additional 5.47% stake in Yes Power Technix Co., Ltd from Dong-Bok Jang for KRW 3 billion on February 3, 2021. As reported, YEST Co., Ltd. will acquire 26,666 shares in Yes Power Technix Co., Ltd. from Chief Executive Officer Dong-Bok Jang. Following the acquisition, YEST Co., Ltd will own 166,666 shares, representing 34.2% stake in Yes Power Technix Co., Ltd. The Board of Directors of YEST Co., Ltd. resolved on February 3, 2021. The acquisition is expected to close on February 5, 2021.