📌 Key Filing Highlights
- Event: Convocation of the 10th Extraordinary General Meeting of Shareholders.
- Date & Time: October 22, 2026, at 09:00 AM.
- Key Agenda: Appointment of an inside director (Candidate: Jae-hyun Kim) and partial amendments to the Articles of Incorporation.
- Voting Method: Support for electronic voting and electronic proxy solicitation via Samsung Securities.
Filing Overview and Core Decision
Pursuant to Article 363 of the Commercial Act and Article 25 of the Company’s Articles of Incorporation, HPSP has officially called for an Extraordinary General Meeting of Shareholders. The meeting is scheduled to take place on October 22, 2026, at the company’s headquarters in Hwaseong-si, Gyeonggi-do. The primary purpose of this meeting is to resolve corporate governance matters regarding the board of directors and to update the company’s governing documents.
Detailed Filing Terms and Specifications
| Metric | Details |
|---|---|
| Meeting Date/Time | October 22, 2026 (Thursday), 09:00 AM |
| Location | 6th Floor, Headquarters, 26 Samsung 1-ro 1-gil, Dongtan-gu, Hwaseong-si, Gyeonggi-do |
| Agenda Item 1 | Appointment of Inside Director (Candidate: Jae-hyun Kim) |
| Agenda Item 2 | Partial Amendment of the Articles of Incorporation |
| Electronic Voting Period | Oct 12, 2026 (09:00) to Oct 21, 2026 (17:00) |
| Voting Platform | Samsung Securities (https://vote.samsungpop.com) |
Operational Purpose and Company Rationale
The company is convening this meeting to strengthen its management structure through the appointment of a new inside director and to refine its Articles of Incorporation to better align with current operational needs. Additionally, the company provided an industry overview highlighting its dominant position in the high-pressure hydrogen annealing equipment market (GENI-SYS), noting that its proprietary technology for improving interface defects in multi-layer thin film structures creates a high barrier to entry for competitors.
Financial Context (Revenue Performance):
As part of the management reference, the company reported the following revenue for the first half of the 10th period (2026):
– Total Revenue: 78.06 billion KRW (~$58.57M USD based on 1339 KRW/USD)
– GENI-SYS Equipment Sales: 69.62 billion KRW (~$52.00M USD based on 1339 KRW/USD), accounting for 89.2% of total revenue.