Full Translation
LARGE SHAREHOLDING REPORT (GENERAL)
Version: 6.0
Company: Cheonbo Co., Ltd.
Large Shareholding Report (General Form: Report under Article 147 of the Financial Investment Services and Capital Markets Act — for the purpose of 'influencing management control')
To: Financial Services Commission
To: Korea Exchange
Date obligation to report arose: June 26, 2026
Report preparation base date: June 26, 2026
Reporter: Lee Sang-ryul
--- SUMMARY INFORMATION ---
Issuing Company: Cheonbo Co., Ltd.
Relationship with Issuing Company: Largest Shareholder
Report Type: Change
Shares Held (number / ratio):
Previous report: 8,101,206 shares / 55.31%
This report: 8,146,039 shares / 55.62%
Shares Subject to Major Contracts (number / ratio):
Previous report: — / —
This report: — / —
Voting Rights Held (number / ratio):
Previous report: 5,705,595 votes / 46.56%
This report: 5,750,428 votes / 46.93%
Voting Rights Subject to Major Contracts:
Previous report: — / —
This report: — / —
Reason for Report:
- Controlling shareholder share purchase
- Related party share purchase
※ The reporter confirms that as of the report preparation base date, the shareholding status of the reporter and specially related parties has been accurately recorded in accordance with applicable laws and disclosure guidelines, and that there are no material misstatements or omissions.
=== PART 1: OVERVIEW OF THE REPORT ===
1. Information about the Issuing Company
Company Name: Cheonbo Co., Ltd.
Company Code: 278280
Corporate Classification: KOSDAQ-listed corporation
Total voting shares issued: 12,253,025
2. Information about the Large Shareholder
A. Reporter
(1) Reporter Overview
Report Type: Change
Joint Report: No
Reporter Classification: Individual (domestic)
Nationality: Republic of Korea
Name (Korean): 이상율
Name (Chinese/English): 李相律 / LEE SANG RYUL
Address (up to town/village/neighborhood): Jungangtan-myeon, Chungju-si, Chungcheongbuk-do
Date of Birth: October 21, 1961 (611021)
Occupation: CEO of Cheonbo Co., Ltd.
Relationship with Issuing Company: Largest Shareholder
Contact for Business Purposes:
Affiliated Company: Cheonbo Co., Ltd.
Department: Management Team
Title: Deputy General Manager (Chajang)
Phone: 070-48*******
Name: Yun Hong-hwan
Fax: 043-84******
Email: ******1@chunbochem.com
(2) Specific Details about the Reporter (applicable to corporations, organizations, statutory partnerships, civil law partnerships):
Legal Nature: —
Total Assets (or AUM): —
Total Liabilities: —
Total Equity: —
Paid-in Capital: —
Representative: —
Decision-making Body: —
Largest Shareholder: —
Largest Shareholder Ownership (%): —
B. Specially Related Parties
(1) Overview of Specially Related Parties
No. | Name | Classification | Specific Relationship with Reporter | DOB / Business Reg. No. | Nationality | Address | Relationship with Issuing Company
1 | Seo Ja-won | Individual (dom.)| CEO | 620809 | Korea | Jungangtan-myeon, Chungju-si, Chungcheongbuk-do | Major Shareholder
2 | Lee Seul-ji | Individual (dom.)| Family/Relative | 940702 | Korea | Samseong-ro, Gangnam-gu, Seoul | Shareholder
3 | Lee Hyeon-ji | Individual (dom.)| Family/Relative | 951207 | Korea | Jungangtan-myeon, Chungju-si, Chungcheongbuk-do | Shareholder
4 | Lee Yeong-seok | Individual (dom.)| Family/Relative | 860714 | Korea | Jungangtan-myeon, Chungju-si, Chungcheongbuk-do | Shareholder
5 | Choe Byeong-min | Individual (dom.)| Family/Relative | 681101 | Korea | Cheoncheon-ro, Jangan-gu, Suwon-si, Gyeonggi-do | Shareholder
6 | Sin Su-il | Individual (dom.)| Family/Relative | 710922 | Korea | Suin-ro, Siheung-si, Gyeonggi-do | Shareholder
7 | Lee Sang-eun | Individual (dom.)| Family/Relative | 510126 | Korea | Gyohyeon-dong, Chungju-si, Chungcheongbuk-do | Shareholder
8 | Ju Hye-sin | Individual (dom.)| Family/Relative | 940511 | Korea | Pyeongchon-daero, Dongan-gu, Anyang-si, Gyeonggi-do | Shareholder
9 | Ju Hye-yeon | Individual (dom.)| Family/Relative | 960828 | Korea | Pyeongchon-daero, Dongan-gu, Anyang-si, Gyeonggi-do | Shareholder
10 | Lee Un-jong | Individual (dom.)| Family/Relative | 740113 | Korea | Dongtan-daero, Hwaseong-si, Gyeonggi-do | Shareholder
11 | Cheonbo Precision | Domestic Corp. | Affiliate | 504-81-25026 | Korea | Samseong-myeon, Eumseong-gun, Chungcheongbuk-do | Affiliate
12 | Solique Investment | Domestic Corp. | Affiliate | 394-88-01902 | Korea | Yeongdong-daero, Gangnam-gu, Seoul | Affiliate
13 | U Dong-hui | Individual (dom.)| Officer | 620830 | Korea | Sinmok-ro, Yangcheon-gu, Seoul | Registered Officer
14 | Lee Geun-pil | Individual (dom.)| Officer | 701218 | Korea | Wicity 1-ro, Ilsandong-gu, Goyang-si, Gyeonggi-do | Registered Officer
* Addresses listed only to town/village/neighborhood level.
(2) Specific Details about Specially Related Parties (corporations/organizations)
Cheonbo Precision Co., Ltd. (Unit: KRW millions)
Legal Nature: Corporation (Jusik Hoesa)
Total Assets: 35,446
Total Liabilities: 9,305
Total Equity: 26,141
Paid-in Capital: 200
Representative: Lee Sang-ryul
Decision-making Body: General Shareholders' Meeting, Board of Directors
Largest Shareholder: Lee Sang-ryul
Largest Shareholder Ownership: 47.5%
Solique Investment Co., Ltd. (Unit: KRW millions)
Legal Nature: Corporation (Jusik Hoesa)
Total Assets: 22,394
Total Liabilities: 32
Total Equity: 22,362
Paid-in Capital: 20,000
Representative: Ryu Si-myeong
Decision-making Body: General Shareholders' Meeting, Board of Directors
Largest Shareholder: Cheonbo Precision Co., Ltd.
Largest Shareholder Ownership: 50.9%
C. Collective Investment Manager: N/A (not applicable)
3. Number and Ratio of Shares Held
Base Date | Reporter | # Special Related | Total Shares | Ratio (%) | Voting Shares | Voting Ratio (%) | Total Voting Shares Issued
Previous Report | Lee Sang-ryul | 14 | 8,101,206 | 55.31 | 5,705,595 | 46.56 | 12,253,025
(June 25, 2026)
This Report | Lee Sang-ryul | 14 | 8,146,039 | 55.62 | 5,750,428 | 46.93 | 12,253,025
(June 26, 2026)
Change | | | +44,833 | +0.31 | +44,833 | +0.37 | 0
4. Purpose of Holding
Purpose: Influence over Management Control
The reporter exercises de facto influence over the following matters:
1. Appointment/dismissal of directors and auditors, or suspension of their duties
2. Amendments to the articles of incorporation related to the board of directors and other corporate organs
3. Changes to the company's paid-in capital
4. Decisions on the company's dividends
5. Merger, division, and split-merger of the company
6. Comprehensive share exchange and transfer
7. Transfer or acquisition of all or a materially significant portion of the business as designated by the FSC
8. Disposal of all assets or a materially significant portion thereof as designated by the FSC
9. Lease of the entire business, entrustment of management, contracts to share all profit and loss with another party, and the conclusion, modification, or termination of similar contracts
10. Dissolution of the company
The reporter exercises de facto influence over all of the above matters and intends to make decisions related to corporate management activities in a manner consistent with the company's business objectives.
5. Reason for Change
Method of Change:
- Controlling shareholder share purchase
- Related party share purchase
Reason for Change:
- Stock price stabilization and enhancement of shareholder value
Reason for Modification: —
=== PART 2: DETAILS OF LARGE HOLDINGS ===
1. Holdings by Reporter and Specially Related Parties
A. Holdings by Type of Securities
Relationship | Name | DOB/Reg. No. | Common Stock (Voting) | Warrants | CBs | BWs | Exchangeable Bonds | DRs | Other | Total Shares | Total Ratio (%)
Reporter | Lee Sang-ryul | 611021 | 3,416,000 | — | — | — | 958,244 | — | — | 4,374,244 | 29.86
Related | Seo Ja-won | 620809 | 1,037,065 | — | — | — | — | — | — | 1,037,065 | 7.08
Related | Lee Seul-ji | 940702 | 535,000 | — | — | — | 287,474 | — | — | 822,474 | 5.61
Related | Lee Hyeon-ji | 951207 | 515,000 | — | — | — | 958,244 | — | — | 1,473,244 | 10.06
Related | Lee Yeong-seok | 860714 | 12,580 | — | — | — | — | — | — | 12,580 | 0.09
Related | Choe Byeong-min | 681101 | [data truncated in source]
[Translation truncated — source disclosure was cut off mid-table during the per-holder breakdown of Lee Yeong-seok and Choe Byeong-min's entries and all subsequent holders.]