Correction of Debt Guarantee Decision - Extension of Guarantee Period and Condition Change
- Enchem corrected its decision to guarantee a loan of KRW 59,733,720,000 (CNY 284,000,000) from CATL to its subsidiary Shidai Sikang New Materials Co., Ltd.
- Extended deadline for CATL's existing guarantee removal to June 30, 2026 (previously January 31, 2026)
- Also extended collateral period to 2025.12.23~2026.06.30 (previously 2025.12.23~2026.02.28)
- Guarantee amount: KRW 59,733,720,000 (12.8% of equity), guarantee period: 2025.12.23~2028.02.27
- Collateral: 49% stake in ShingHwa Amperex Corporation, 15% stake in DFD Yangfu New Materials Co., Ltd.
- If CATL's guarantee on the target company's existing debt (KRW 95,448,132,594 out of KRW 116,481,132,594) is not removed by the deadline, penalty may arise.
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KOSDAQ Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others
- Company: Enchem (348370)
- Submission: Enchem Co., Ltd.
- Receipt: 04-30-2026
- Under KRX KOSDAQ Market Division