What Happened?

On August 20, 2025, Samyang Corp announced that its largest shareholder had changed from Huh Nam-gak to Huh Jun-hong. This was due to inheritance, with Huh Jun-hong now holding a 57.32% stake in the company.

Why the Change?

This change in leadership is part of Huh Nam-gak’s inheritance plan, aiming for a stable transfer of management control. This is expected to ensure the continuity of long-term management strategies and mitigate potential risks of management disputes.

What Does the Future Hold?

In the short term, stock price volatility may increase due to the change in major shareholders. However, in the medium to long term, the company’s growth trajectory will be determined by the new management’s vision and strategy. In particular, strengthening the competitiveness of the core leather business and exploring new growth engines are expected to significantly impact the stock price.

  • Positive Factors: Management stabilization, strengthened financial soundness, improved Q2 earnings.
  • Negative Factors: Need to verify the new management’s capabilities, potential business restructuring.

What Should Investors Do?

Investors should closely monitor the new management’s strategy announcements and business plans. It is also essential to continuously monitor changes in the competitive landscape of the leather business and the potential for new business ventures. Short-term investments should be approached cautiously, considering market volatility, while medium- to long-term investments should be made after analyzing the company’s fundamentals and growth strategies.