iWinPlus Acquires Additional Shares from Major Shareholder... Enhancing Shareholder Value

"Acquisition of Shares in Line with Positive Business Environment Including New Business Expansion"

[Asia Economy Reporter Kwangho Lee] iWINPLUS announced on the 17th that its largest shareholder iWIN and iWIN CEO Shin Gyu-jin acquired 3,115,869 shares and 197,049 shares of iWINPLUS stock, respectively.

According to the company, iWIN, the largest shareholder of iWINPLUS, and CEO Shin Gyu-jin acquired additional shares to enhance shareholder value, considering the company's growth potential despite the slowing global economic situation. CEO Shin Gyu-jin also acquired 579,000 shares in August to stabilize the stock price.

The iWIN Group stated its intention to strengthen shareholder-friendly policies through continuous share acquisitions.

An iWINPLUS official said, "As the commercialization of autonomous vehicles approaches, demand for related image sensors is increasing, and we are continuously acquiring shares in line with the positive business environment, including new business expansion," adding, "We will build corporate trust through shareholder value protection and further enhance growth momentum."

Meanwhile, iWINPLUS recently announced a facility investment worth 5.1 billion KRW to secure supply volume amid a surge in demand for autonomous vehicle sensors.

This content was produced with the assistance of AI translation services.