• Tongyang’s second preferred shares (new type) face delisting risk under market-capitalization rules as of Nov. 11, 2026.
• The shares were designated for special supervision on Aug. 27, 2026, following 30 consecutive trading days below KRW 2 billion.
• Within 90 trading days of designation, capitalization must reach KRW 2 billion for 10 consecutive trading days and 30 trading days overall.
• Capitalization remained below the threshold for all 50 trading days since designation; delisting proceedings will begin if that count reaches 61.
• The notice does not affect common shares or first preferred shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongyang Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261111800670), on November 11, 2026, and is solely responsible for the information contained therein.