Annual Report Correction: Currency Unit Errors in FX Risk Disclosures — DB HiTek

Summary

The company filed a correction to its FY2025 annual report (originally submitted 2026-03-16) to fix currency unit reporting errors in Note 35 (Financial Risk Management) of both the consolidated and separate financial statements. The original disclosure mixed multiple currencies (USD, JPY, EUR, CNY) into single rows using inconsistent base-currency units (thousand USD, hundred thousand JPY, hundred thousand CNY), which caused confusion and misstatement of foreign-currency asset and liability balances. The corrected version separates each currency into its own row using a uniform 'thousand' unit, making FX exposure figures readable and internally consistent. Underlying KRW-translated amounts are unchanged, so this is a presentation/disclosure fix rather than a restatement of financial results. No impact on reported earnings, cash, or net asset values.

Historical Impact

1 past Correction · ≈ Amendment (/A) event at DB HiTek

Median +5d

+12.70%

Range

+12.70% to +12.70%

Positive outcomes

1/1

Filed	P₀	P₊₅	+5d
Sep 10, 2025	₩50,400	₩56,800	+12.70%

Past performance does not guarantee future results. Small sample sizes may not be representative. For informational purposes only.

Full Translation

Business Report 6.3 DB HiTek Co., Ltd. Corporate registration: 110111-0026206 Correction Filing (Report) Date: June 1, 2026 1. Document subject to correction: Business Report (Annual Report) 2. Original submission date: March 16, 2026 3. Correction items: Item 1: Section III. Financial Matters – 3. Notes to Consolidated Financial Statements – 35. Financial Risk Management (Consolidated) - Related to correction order/demand: Yes - Reason for correction: Currency unit reporting error - See Note 1) below Item 2: Section III. Financial Matters – 5. Notes to Financial Statements – 35. Financial Risk Management (Separate) - Related to correction order/demand: Yes - Reason for correction: Currency unit reporting error - See Note 2) below --- Note 1) — Consolidated [BEFORE CORRECTION] As of the reporting date, foreign currency assets and liabilities are as follows. Foreign currency financial assets by currency – Current period (Unit: KRW million) Instruments: Cash & cash equivalents / Trade receivables / Other receivables / Short-term financial assets / Long-term financial assets / Total FX assets For each instrument, amounts are shown in USD and JPY base-currency amounts and KRW-translated amounts. - Base-currency amounts (current period): - Cash & cash equivalents: USD 53,097 / JPY 6 - Trade receivables: USD 83,940 / JPY 0 - Other receivables: USD 479 / JPY 0 - Short-term financial assets: USD 4,127 / JPY 0 - Long-term financial assets: USD 0 / JPY 0 - Total FX assets: USD 141,643 / JPY 6 - KRW-translated amounts (current period): - Cash & cash equivalents: 76,189 / 5 - Trade receivables: 120,445 / 0 - Other receivables: 687 / 0 - Short-term financial assets: 5,922 / 0 - Long-term financial assets: 0 / 0 - Total: 203,243 / 5 Prior period base-currency amounts: - Cash & cash equivalents: USD 49,274 / JPY 6 - Trade receivables: USD 55,244 / JPY 0 - Other receivables: USD 156 / JPY 0 - Short-term financial assets: USD 4,121 / JPY 0 - Total FX assets: USD 108,795 / JPY 6 Prior period KRW-translated amounts: - Cash & cash equivalents: 72,433 / 6 - Trade receivables: 81,209 / 0 - Other receivables: 230 / 0 - Short-term financial assets: 6,057 / 0 - Total: 159,929 / 6 Note: The base-currency amounts above are stated in thousand USD and hundred thousand JPY. Foreign currency financial liabilities by currency – Current period (KRW million): Classification: Trade payables / Short-term borrowings / Other payables / Long-term other payables / Total FX liabilities For each, shown in USD, EUR, JPY base-currency amounts and KRW-translated amounts. - Base-currency amounts: - Trade payables: USD 31,139 / EUR 0 / JPY 490 - Short-term borrowings: USD 5,551 / EUR 0 / JPY 3,042 - Other payables: USD 8,156 / EUR 3 / JPY 137 - Long-term other payables: USD 9,350 / EUR 0 / JPY 0 - Total: USD 554,556 / EUR 3 / JPY 3,669 - KRW-translated amounts: - Trade payables: 44,681 / 0 / 450 - Short-term borrowings: 7,965 / 0 / 2,792 - Other payables: 12,220 / 5 / 126 - Long-term other payables: 13,416 / 0 / 0 - Total: 78,282 / 5 / 3,368 Prior period base-currency amounts: - Trade payables: USD 19,103 / EUR 401 / JPY 487 - Short-term borrowings: USD 571 / EUR 0 / JPY 2,507 - Other payables: USD 5,832 / EUR 4 / JPY 31 - Long-term other payables: USD 4,350 / EUR 0 / JPY 0 - Total: USD 29,856 / EUR 405 / JPY 3,025 Prior period KRW-translated amounts: - Trade payables: 28,082 / 612 / 456 - Short-term borrowings: 839 / 0 / 2,348 - Other payables: 8,573 / 7 / 29 - Long-term other payables: 6,395 / 0 / 0 - Total: 40,026 / 619 / 2,833 Note: The base-currency amounts above are stated in thousand USD, hundred thousand JPY, and hundred thousand CNY. [AFTER CORRECTION] As of the reporting date, foreign currency assets and liabilities are as follows. FX financial assets by currency – Current period (KRW million) Now each currency line is shown in 'thousand' units (USD thousand, JPY thousand) separately: - FX assets, USD [USD, thousand]: - Cash & cash equivalents: 53,097 - Trade receivables: 83,940 - Other receivables: 479 - Short-term financial assets: 4,127 - Long-term financial assets: 0 - Total: 141,643 - FX assets, JPY [JPY, thousand]: - Cash & cash equivalents: 554 - Other line items: 0 - Total: 554 - KRW-translated amounts: unchanged from before correction Prior period: - FX assets, USD [USD, thousand]: - Cash & cash equivalents: 49,274 - Trade receivables: 55,244 - Other receivables: 156 - Short-term financial assets: 4,121 - Total: 108,795 - FX assets, JPY [JPY, thousand]: - Cash & cash equivalents: 623 - Total: 623 - KRW-translated amounts: unchanged from before correction FX financial liabilities by currency – Current period (KRW million): - FX liabilities, USD [USD, thousand]: - Trade payables: 31,139 - Short-term borrowings: 5,551 - Other payables: 8,516 - Long-term other payables: 9,350 - Total: 554,556 - FX liabilities, EUR [EUR, thousand]: - Other payables: 3 - Total: 3 - FX liabilities, JPY [JPY, thousand]: - Trade payables: 49,029 - Short-term borrowings: 304,235 - Other payables: 13,686 - Total: 366,952 - KRW-translated amounts: unchanged Prior period: - FX liabilities, USD [USD, thousand]: - Trade payables: 19,103 - Short-term borrowings: 571 - Other payables: 5,832 - Long-term other payables: 4,350 - Total: 29,856 - FX liabilities, EUR [EUR, thousand]: - Trade payables: 401 - Other payables: 4 - Total: 405 - FX liabilities, JPY [JPY, thousand]: - Trade payables: 48,670 - Short-term borrowings: 250,704 - Other payables: 3,140 - Total: 302,514 - KRW-translated amounts: unchanged --- Note 2) — Separate (Standalone) Financial Statements [BEFORE CORRECTION] FX financial assets by currency – Current period (KRW million): - Cash & cash equivalents: USD 34,948 (KRW 50,146) / JPY 6 (KRW 5) - Trade receivables: USD 73,897 (KRW 106,035) / JPY 0 - Other receivables: USD 286 (KRW 411) / JPY 0 - Total FX assets: USD 109,131 (KRW 156,592) / JPY 6 (KRW 5) Prior period: - Cash & cash equivalents: USD 30,611 (KRW 44,999) / JPY 6 (KRW 6) - Trade receivables: USD 58,246 (KRW 85,621) / JPY 0 - Other receivables: USD 117 (KRW 171) / JPY 0 - Total FX assets: USD 88,974 (KRW 130,791) / JPY 6 (KRW 6) FX financial liabilities by currency – Current period (KRW million): - Trade payables: USD 12,231 (KRW 17,551) / EUR 0 / JPY 432 (KRW 396) - Short-term borrowings: USD 1,233 (KRW 1,769) / EUR 0 / JPY 3,042 (KRW 2,792) - Other payables: USD 6,757 (KRW 9,696) / EUR 3 (KRW 5) / JPY 137 (KRW 126) - Long-term other payables: USD 9,350 (KRW 13,416) / EUR 0 / JPY 0 - Total: USD 29,571 (KRW 42,431) / EUR 3 (KRW 5) / JPY 3,611 (KRW 3,314) Prior period: - Trade payables: USD 12,382 (KRW 18,201) / EUR 401 (KRW 612) / JPY 430 (KRW 403) - Short-term borrowings: USD 571 (KRW 839) / EUR 0 / JPY 2,507 (KRW 2,348) - Other payables: USD 6,057 (KRW 8,904) / EUR 4 (KRW 7) / JPY 31 (KRW 29) - Long-term other payables: USD 3,150 (KRW 4,631) / EUR 0 / JPY 0 - Total FX liabilities: USD 22,160 … [Translation truncated]