Jeonjuwansan PFV Co., Ltd announced a private placement of 1,615 common shares at an issue price of KRW 5,000,000 per share for the gross proceeds of KRW 8,075,000,000 on January 11, 2023. The transaction will include participation from returning investor DL E&C Co.,Ltd. The transaction has been approved by the shareholders of the company. The transaction is expected to close on January 13, 2023.