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TJ Media Moves to Secure New Revenue Source... Invests 13 Billion KRW in Aluminum Raw Materials Business

TJ Media announced in a regulatory filing on the 9th that it will invest 13 billion KRW in an aluminum raw materials trading business to secure new revenue stre

Oseong Kwon
Staff Reporter
5 min read
TJ Media Moves to Secure New Revenue Source... Invests 13 Billion KRW in Aluminum Raw Materials Business
CBC News

TJ Media announced in a regulatory filing on the 9th that it will invest 13 billion KRW in an aluminum raw materials trading business to secure new revenue streams and diversify its business portfolio.

According to the filing, both the contract execution date and the board of directors' resolution date are July 9, 2026. The total contract amount is 13 billion KRW, which is equivalent to 15.51% of the company's equity as of the end of the 2025 fiscal year. The contract period runs from July 9, 2026, until the full recovery of the investment and the completion of contractual rights and obligations. The counterparty's identity will remain undisclosed until July 9, 2027, in accordance with a confidentiality request.

Under the business arrangement, TJ Media will invest operating funds into the aluminum raw materials trading business pursued by the counterparty. The counterparty plans to procure aluminum raw materials through a global supply chain, process them domestically, and sell the products through previously secured global sales channels. The generated profits will be settled and distributed between the two parties, linked to the contracted unit price per ton of imported volume.

TJ Media will disburse a total of 13 billion KRW in project funds, which will be strictly used for the purchase of aluminum raw materials and directly associated incidental expenses. The investment funds and disbursed funds will be managed separately, and TJ Media will retain pre-approval rights for all withdrawals to manage risk.

The company stated, "This contract is part of a strategic business initiative to expand into new businesses and diversify our business portfolio," adding, "If any matters arise that trigger disclosure obligations, we plan to make timely disclosures in accordance with relevant laws and regulations."

However, this investment does not guarantee the principal or returns. The company added that actual returns may vary depending on a range of variables, including international aluminum prices, exchange rate fluctuations, the international logistics environment, market conditions, and the counterparty's fulfillment of the contract, and that there is a possibility the business performance may fall short of initial expectations.

Oseong Kwon
Staff Reporter

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