LVMC Holdings Secures Capital to Drive New Business Initiatives

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KOSPI-listed company LVMC Holdings (hereinafter "LVMC") has strengthened its mid- to long-term growth foundation by attracting investment funds from major domestic institutional investors.

On the 29th, LVMC successfully secured a total of 30 billion won in mezzanine investment from a fund jointly managed (Co-GP) by JB Woori Capital, a leading domestic specialized credit finance company, and Korea Wide Partners. This investment reflects expectations for LVMC's improving performance and expansion into new businesses, with participation from prominent domestic institutional limited partners (LPs).

The funds raised will be focused on working capital and investments in new businesses. In particular, the company plans to enhance operational efficiency and further improve performance by expanding trade finance support for vehicle orders. Additionally, LVMC will concentrate on strengthening its core businesses, including reinforcing its distribution operations (No Brand and Emart24), as well as acquiring additional equity stakes.

A company representative stated, "As LVMC is in the process of transitioning from a manufacturing-centered company to a comprehensive mobility and distribution group, this investment is a result of the market's high evaluation of the solid profitability of our existing automotive business and the growth potential of our new ventures." The representative added, "Based on the secured funds, we plan to improve efficiency across production and distribution, accelerate the realization of new businesses, and enhance corporate value."

Meanwhile, LVMC Holdings has established a stable production and sales network in major markets across the Indochina Peninsula, including Laos, Vietnam, Myanmar, and Cambodia. The company has recently focused on profitability-oriented restructuring through financial reforms, thereby maintaining a stable profit trend. In the first half of this year, consolidated sales reached 203.3 billion won (a 49.8% increase year-on-year), operating profit was 18.6 billion won (up 142.1%), and net income was 5.8 billion won, demonstrating a clear improvement in performance compared to the previous year.

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