Techwing to invest 52.64 billion won in Cheonan facilities
Techwing's board approved the investment on November 3, 2026, equal to 26.70% of its equity capital, with construction running to July 2027.
Techwing has disclosed a board decision to invest 52,636,000,000 won in new production facilities in Cheonan, Chungcheongnam-do, according to digitaltoday.co.kr. The board resolved on the investment on November 3, 2026.
The amount equals 26.70% of the company's equity capital of 197,119,683,580 won. The investment period runs from November 3, 2026 to July 31, 2027.
Techwing said the purpose is to expand production capacity for mid- and long-term business growth and to secure a production base for new businesses and rising customer demand. The investment will be funded by the company's own funds and the National Growth Fund.
Techwing's shares traded at 34,600 won as of 1:50 p.m. on November 3, down 2,250 won, or 6.11%, from the previous day.
Background
Techwing, a maker of semiconductor back-end equipment, was listed on the KOSDAQ market on November 10, 2011. For the December 2025 fiscal year it reported total assets of 633.7 billion won, total liabilities of 421.6 billion won and total equity of 212.1 billion won, with revenue of 159.1 billion won, operating profit of 15.8 billion won and net profit of 9 billion won.
Quick answers
How much is Techwing investing in its new facilities?
Techwing disclosed a 52,636,000,000 won investment in new production facilities in Cheonan, Chungcheongnam-do.
When does the investment period end?
The investment period runs from November 3, 2026 to July 31, 2027.
How will the investment be funded?
Techwing said it will be funded by the company's own funds and the National Growth Fund.