Former CEO Receives Suspended Sentence for Serious Accident Violation
- In June 2022, a subcontractor worker died after falling into a chip hopper at the PB plant of subsidiary Daesung Wood Industry Co., Ltd. (serious industrial accident)
- Former CEO Kim was found liable for failure to establish and implement safety and health management systems, sentenced to 1 year imprisonment with 2 years probation
- The plant was merged into the parent company in December 2022 and closed in October 2023; current operations ceased
- Judgment date: May 8, 2026, Incheon District Court
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KOSDAQ Filing Information
- Filing: Confirmation Of Facts Related To Criminal Punishment For Serious Disasters
- Company: Dongwha Enterprise (025900)
- Submission: Dongwha Enterprise Co., Ltd.
- Receipt: 05-11-2026
- Under KRX KOSDAQ Market Division