Korea Joongang Daily
Korea JoongAng Daily

Hanwha Solutions to scale back 2.4 trillion won recapitalization plan after shareholder backlash

Hanwha Solutions will downscale its recapitalization by 600 billion won ($408 million) from its original plan to issue 2.4 trillion won in new shares.

2026-04-19

Hanwha chairman calls company an 'indispensable' partner for U.S. shipbuilding in New Year's message

Hanwha Group Chairman Kim Seung-youn emphasized in his New Year’s message on Friday that the company must serve as a “linchpin” in Korea-U. S. relations through the Korea-U. S. maritime cooperation project, "Make American Shipbuilding Great Again."

2026-01-02

Hanwha scions to sell a combined 1 trillion won of Hanwha Energy shares

The second and third sons of Hanwha Group Chairman Kim Seung-youn are set to sell a combined 1 trillion won ($677.6 million) worth of shares in Hanwha Energy.

2025-12-16

'Our goal is global leadership,' Hanwha Chairman Kim says in anniversary address to affiliates

Hanwha Group Chairman Kim Seung-youn called on affiliates to pursue leadership in their respective fields under the banner of “national champion,” as the company marked its 73rd anniversary on Thursday.

2025-10-09

Hanwha Group chief to hand over 11.32% of shares to sons

Hanwha Group Chairman Kim Seung-youn will hand over 11.32 percent of his shares of Hanwha, half of what he currently owns, to his three sons, finalizing the familial succession of the seventh-largest conglomerate entity in Korea.

2025-03-31

Hanwha chairman calls for action to reach full potential as global profile increases

Hanwha Group Chairman Kim Seung-youn called for execution over silence and inaction to drive business forward as its defense and marine divisions are gaining global prominence.

2025-01-02

Hanwha's Kim meets with The Heritage Foundation's Feulner

Hanwha Group Chairman Kim Seung-youn met with The Heritage Foundation's Edwin Feulner to discuss ways to strengthen the Korea-U.S. alliance and further foster free market economy.

2022-11-09

Suh Yung-min, wife of Hanwha's Kim Seung-youn, is dead at 61

Suh Yung-min, wife of Hanwha Group Chairman Kim Seung-youn, passed away Tuesday at the age of 61.

2022-08-09

Hanwha chairman meets Mike Pence over lunch

Hanwha Group Chairman Kim Seung-youn met with former U.S. Vice President Mike Pence to discuss ways to improve relations between Korea and the United States in the face of heightened geopolitical uncertainties.

2022-03-25