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Hyundai Motor Company Other Management Information (Voluntary Disclosure)

Original title (Korean): 기타경영사항(자율공시)

Company
Hyundai Motor Company
Ticker
KRX:005380
Market
KOSPI
Filing type
Other Management Matters
Filing date
Feb 16, 2024
DART receipt no.
20240216800717

Hyundai Motor Company to Acquire Hyundai Mobis Hydrogen Fuel Cell Business for KRW 217.8 billion

  • Hyundai Motor Company decided to acquire Hyundai Mobis's hydrogen fuel cell business for KRW 217.8 billion.
  • The transaction targets Hyundai Mobis's domestic hydrogen fuel cell business personnel, assets, and facilities.
  • The purpose of the transaction is to establish a unified value chain system based on the hydrogen ecosystem construction strategy.
  • The contract date and decision (confirmation) date are Feb 16, 2024.
  • The transaction closing date is May 31, 2024.

Notes This business transfer does not constitute a business transfer as prescribed in Article 374 of the Commercial Act, and therefore does not require shareholder approval. · The acquisition price is based on an external valuation as of June 30, 2023, and may change depending on the difference in net asset value between the valuation reference date and the transaction closing date. · The aforementioned schedule and contents may change during the transaction process depending on consultations and approvals from relevant authorities, and contracts and agreements between the parties. · The decision (confirmation) date is the date of the board resolution of the company.

This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.

Original filing

The full filing is available in Korean only.

Other English summaries from Hyundai Motor Company

DateFiling
Nov 2, 2026Interim Report on Business Performance (Fair Disclosure)
AIHyundai Motor Company Sells 329,773 Units Globally in October 2026
Oct 29, 2026[Amendment] Forecast for Business Performance, etc. (Fair Disclosure)
AIHyundai Motor Company Amends 2026 Sales Target from 4,158,300 to 4,000,000 Units
Oct 29, 2026Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure)
AIHyundai Motor Company Announces Preliminary Q3 2026 Results
Oct 29, 2026Decision on Disposal of Treasury Stock
AIHyundai Motor Company Decides to Dispose of Treasury Stock Worth KRW 271.5 billion
Oct 1, 2026Interim Report on Business Performance (Fair Disclosure)
AIHyundai Motor Company Sells 307,998 Units Globally in September 2026

Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20240216800717

DART receipt no. 20240216800717