Hanwha Aerospace has decided to participate in a paid-in capital increase by its wholly owned subsidiary Hanwha Aviation, contributing 43 billion won.

According to a regulatory filing on the 29th, Hanwha Aerospace plans to acquire 86,000 common shares to be issued by its affiliate Hanwha Aviation for 43 billion won. The investment is scheduled for November 13, which is the payment date for the capital increase. The company stated that this schedule may change depending on the progress of Hanwha Aviation's capital increase.

Including this contribution, Hanwha Aerospace's total investment in Hanwha Aviation, combining the existing investment amount and this new contribution, amounts to 183.555 billion won.

Hanwha Aerospace held a board meeting on the same day and approved the investment agenda. Five outside directors and an audit committee member attended the board meeting. The company said it delegated the decision and execution of the details related to this transaction to its CEO. It also explained that the details of the investment may change depending on how it progresses.