Dongjin Semichem

Dongjin Semichem has completed the termination of a specific money trust contract established for treasury share acquisition, with the trust terminated on August 31, 2026 through Daishin Securities. A total of 234,800 common shares were purchased at an aggregate cost of approximately KRW 9.999 billion, representing 99.99% utilization of the KRW 10 billion trust contract. The minor shortfall versus the planned acquisition amount was attributable to management fees and transaction commissions paid to the trustee. Following the trust termination, the company now directly holds 234,800 treasury shares, equal to 0.46% of its total outstanding shares of 50,970,126. The buyback is now fully settled with no remaining trust balance outstanding.

Dongjin Semichem has terminated its ₩10 billion treasury stock acquisition trust with Daishin Securities effective August 31, 2026, ahead of the original February 2027 maturity, citing completion of the buyback program. Under the trust, the company accumulated 234,800 common shares (0.46% of total shares) after purchasing 649,700 shares and disposing of 414,900 shares in the open market. The 234,800 remaining trust-held shares will be transferred to the company's own corporate securities account as directly held treasury stock — they are not being cancelled. The board resolution approving the early termination was passed on the same day, August 31, 2026, with one independent director in attendance.

Dongjin Holdings, the largest shareholder, filed an amended major shareholding report reflecting a change in its share pledge contract. The shares pledged under key contracts decreased from 1,096,651 (2.13%) to 878,159 (1.72%), while the total holding of 17,757,724 shares remained unchanged. The ownership ratio rose slightly from 34.54% to 34.84% due to a reduction in total voting shares from treasury stock cancellation. The number of special-related parties decreased from 4 to 3. No actual share transactions occurred; the filing reflects only a pledge contract modification.

Samsung Asset Management filed an abbreviated large shareholding report disclosing that its holding fell to 1,494,087 shares (2.91%) from 2,592,254 shares (5.04%) as of May 12, 2026, a decrease of 1,098,167 shares (-2.13 percentage points). The change was driven by trading activity (simple acquisition/disposal) and includes 9,947 shares (0.02%) entrusted to Samsung Active Asset Management. The reported purpose remains simple investment, with no intent to influence management. Crossing below the 5% threshold means future changes of 1%p or more no longer require mandatory disclosure, reducing transparency on this institutional holder's future moves.

The company will hold an Investor Relations event on May 28-29, 2026 in Seoul, targeting major domestic institutional investors. The Non-Deal Roadshow, sponsored by Korea Investment & Securities, will consist of investor meetings covering Q1 2026 earnings results and key business updates. IR materials will be published on May 27 via the KRX IR repository and the company website. This is a routine institutional outreach rather than a transactional event, so direct share-price impact should be limited absent new disclosures during the meetings.

Dongjin Semichem reported strong preliminary Q1 2026 consolidated results, with revenue of KRW 328.1bn (+13.2% YoY, +6.1% QoQ) and operating profit of KRW 66.6bn (+39.4% YoY, +60.0% QoQ). Pre-tax income from continuing operations surged 233.6% QoQ and 124.1% YoY to KRW 95.6bn, while net income attributable to controlling interests rose 82.1% YoY to KRW 68.3bn. Notably, prior-period figures have been restated to reflect discontinued operations stemming from the Q3 2025 decision to divest 100% stakes in multiple Chinese subsidiaries (Beijing, Sichuan, Wuhan, Chengdu, Hefei, Chongqing, Huizhou, Fuzhou, and others). The results indicate accelerating profitability, likely driven by core semiconductor materials demand following the strategic exit from lower-margin China operations. Figures are preliminary and subject to audit revision.