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Wonbang Tech received a letter of intent from SK Innovation for approximately 80 billion KRW for clean room and dry room equipment for SK Innovation's first US plant. It also received a 5 billion KRW LOI for SK Innovation's second Hungary plant.
NVH Korea, through its subsidiary NVH Wonbang Tech, acquired 85.1% of Wonbang Tech for approximately 160 billion won to enter the HVAC and cleanroom market for pharmaceuticals and secondary batteries.