Hansae Yes24 Holdings Adopts E-Voting: What Does It Mean?

Starting with the temporary general meeting of shareholders on November 6, 2025, Hansae will implement an electronic voting system. Shareholders will be able to exercise their voting rights online, regardless of time and location. This decision aims to enhance shareholder convenience, encourage participation in general meetings, and ultimately foster a shareholder-friendly management environment.

Why is the Adoption of E-Voting Important?

Implementing e-voting plays a crucial role in strengthening shareholder communication and improving corporate governance. This is because it can enhance shareholder trust through transparent decision-making processes and contribute to long-term corporate value enhancement. However, it’s important to remember that the adoption of electronic voting itself does not directly affect a company’s fundamentals or profitability.

Hansae Yes24 Holdings: Current Status (H1 2025 Performance Analysis)

  • Revenue Growth: Achieved KRW 942.3 billion, a 9.6% increase year-on-year.
  • Profitability Decline: Operating profit decreased due to rising cost of sales, increased SG&A expenses, and exchange rate fluctuations.
  • Financial Health Concerns: Debt-to-equity ratio increased to 110.92% due to increased borrowing.
  • Positive Factors: Stability of the OEM/ODM business, business expansion through the acquisition of Texollini, Inc., and increased investment in R&D.

What Should Investors Do?

While the adoption of e-voting is a positive signal, investment decisions should be made cautiously. It is crucial to develop an investment strategy from a long-term perspective, considering the company’s performance, financial status, and market environment, rather than focusing on short-term stock price fluctuations. In particular, investors should closely monitor the trend of declining operating profit and increasing debt-to-equity ratio, and check for future profitability improvements.