HD Hyundai Electric said its board approved an investment in facility expansion, including a plant for distribution panels and distribution transformers, on October 27, 2026.

HD Hyundai Electric disclosed that its board approved on October 27, 2026 a facility expansion investment in production infrastructure, including a plant for distribution panels and distribution transformers and automation equipment. The investment amount is KRW 198 billion, and the investment period runs from November 1, 2026 to June 30, 2029. The company said the investment is intended to respond to rising global demand for distribution equipment and to build a foundation for expanding its integrated distribution engineering business.

1. 01

   The investment type is facility expansion, and the investment targets are production infrastructure, including a plant for distribution panels and distribution transformers and automation equipment.

2. 02

   The company said the investment is intended to respond to rising global demand for distribution equipment and to build a foundation for expanding its integrated distribution engineering business.

3. 03

   The end date of the investment period is a planned date and may change depending on the business environment and the progress of the investment.

4. 04

   The investment amount may change depending on the business environment and the progress of the investment, and the filing states that the company is a large company under the relevant rules.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Investment amount

KRW 198 billion

Equity capital

KRW 2.0329 trillion

As a percentage of equity capital

9.74%

Investment period

November 1, 2026 ~ June 30, 2029

Filing facts

Filing type

Investment

Report name

New Facility Investment

Filed

Oct 27, 2026

Receipt number

20261027800235