WINIA Electronics Co., Ltd. agreed to acquire a 51% stake in Winia Electronics China (DEMOJIN) Co., Ltd. from Dayou A-Tech Co.,Ltd (KOSE:A002880) for KRW 21.9 billion on October 14, 2022. For the year ended December 31, 2022, Winia Electronics China reported total assets of KRW 99 billion, total equity of KRW 28.3 billion, total debt of KRW 70.7 billion and Net income of 8.8 million. The transaction is expected to complete on October 14, 2022.

Deloitte Consulting Ltd. acted as accountant to Deloitte Consulting Ltd.