Brief summary of DB Hitech's true education situation

Brief summary of DB Hitech's true education situation

1. DB Inc and related parties hold a 17% stake in DB Hi-Tech

 

2. DB Hi-Tech achieved all-time high performance in 20,21 and 22 due to improved foundry performance. Operating profit ratio of 45.89%. ROE 40%

 

3. KRW 72,700 per share at the end of FY21; DB Inc holding company requirements established due to soaring stock prices (assets 500 billion)

 

4. If it meets the holding company requirements, DB Inc must hold up to 30% of its subsidiary shares.

 

5. DB Inc will have to acquire an additional 13% stake in DB Hi-Tech within two years of the grace period from the end of 2021.

 

6. DB Inc has no money to acquire an additional 13% stake in DB HiTek. I don't have money even if I come

 

7. DB Hi-Tech has been extremely passive in CAPEX and shareholder-friendly policies due to concerns about meeting the requirements of the parent company's holding company. DB Hi-Tech's 12-inch foundry investment is called a dream of stock investors.

 

8. DB Hi-Tech shares continued to rise helplessly until the end of May 2022. Up to 85400 won

 

9. Stock prices began to fall from the end of June 22 due to concerns over the semiconductor industry

 

10. DB Group management needed to further lower DB Hi-Tech stock prices to avoid DB Inc holding company requirements (avoidable from approximately KRW 41,000 to KRW 42,000).

 

11. Declaration of DB Hi-Tech Material Division on July 12, 22. Stock prices plunged due to concerns over re-listing of subsidiaries after material division. The closing price closed at 40,800 won, down 15.7 percent in one day.

 

12. DB Hi-Tech Minority Shareholder Solidarity was formed. Minority shareholder movement begins under the leadership of CEO Lee Sang-mok

 

13. On September 26, 22, it was declared that the review of material division work was suspended due to strong opposition from minority shareholders and the government's movement to regulate material division. Despite the announcement of the suspension, the stock price remained at around 40,000 won due to concerns over the re-promotion.

 

14. At the end of 22, the amendment to the Enforcement Decree, which grants the right to purchase to shareholders opposed to material division, passed

 

15. Concerns over DB Hi-Tech's material division have continued to flow

 

16. Shareholder proposals, including the appointment of DB Hi-Tech auditors, to prevent the physical division of minority shareholders' solidarity at the end of January 23

 

17. On March 7, 23, DB Hitech announced the sudden division of material. Opposition shareholders are granted the right to claim for purchase at KRW 46,480. At the same time, it announced the purchase of 100 billion treasury stocks

 

18. Share buyback effect?As a result, the stock price rose 17 percent to 53,000 won from 45,200 won the previous day.

 

19. When the stock price was formed at more than 46,480 won, tired individual shareholders began to throw away their holdings.

 

20. Individual shareholders' stock sales have reduced the amount of intention to oppose the physical division.

 

21. TOTALIZED OVER 40 BILLION IN PURCHASE AT PRIVATE FUND WINDOW ON MARCH 24, 23. Stock Price Surges 19%; Individual Shareholders' Stakes Intensify Due to Surging Stock Price

 

22. The company's landslide victory at the general shareholders' meeting on March 28,

 

23. Opposition votes are not gathered due to the decreased interest of individual shareholders who have lost supplies. 23. On March 30, 23, it was revealed that Kang Sung-bu Fund was the subject of mass purchase at the private equity fund window

 

24. The DB owner artificially lowered the stock price to avoid DB Inc's holding company requirements, and shook off the volume of individual shareholders to pass the material division at the shareholders' meeting. However, while trying to shake off the lump, I shook off the ants that protested like a lump, and Kang Sung-boo's fund came in.

 

25. DB Hitech's owner's stake is 17% VS Kang Sung-boo Fund 7% + minority shareholder solidarity's stake of 3% or more 26. DB Hitech will be threatened with management rights by cheating.