Approved by the shareholders the merger of HHI and HMD

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With a combination of technological expertise, scale and innovation, the new HHI will advance cutting-edge technologies and green solutions, ensuring a sustainable advantage in the international market.

The new company, under the leadership of CEO Lee Sang-kyun, will strengthen its role in the global defense industry, leveraging HHI’s experience and HMD’s specialized infrastructure for building next-generation naval and commercial vessels – inaugurating a new chapter of growth and leadership for the HD Hyundai Group.