Provision of Collateral for Affiliate PF Loan - Pledge of Shares


  • Provided a pledge of 1,955,000 common shares and 300,000 Class 3 preferred shares (total 2,255,000 shares) of subsidiary DCI TI WY Bucheon PFV Co., Ltd. for a PF loan of 159 billion won for AI data center development
  • Collateral amount is 49.55 billion won (book value), equivalent to 6.5% of equity (756.895 billion won)
  • Collateral limit is 190.8 billion won (120% of debt), and enforcement by lenders is limited to events of default such as loss of maturity benefit
  • Considering future sell-down (securitization) of 300,000 Class 3 preferred shares (worth 30 billion won); correction disclosure will be made if terms are finalized
  • The debtor (DCI TI WY Bucheon PFV) was established in Oct 2025; as of end-2025, total assets 6.136 billion won, liabilities 1.241 billion won, equity 4.895 billion won, net loss 0.46 billion won
  • This is a pledge of shares, not a direct payment guarantee, and constitutes a large-scale internal transaction disclosure under the Fair Trade Act
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KOSPI Filing Information


  • Filing: Decision on Provision of Collateral for Others
  • Company: TONGYANG (001520)
  • Submission: TONGYANG Inc
  • Receipt: 05-12-2026
  • Under KRX KOSPI Market Division