Yancheng Dongkook Auto Parts Co., Ltd. announced that it will receive KRW 10,661,000,000 in a round of funding from existing investor, Dongkook Ind. Co., Ltd. on April 2, 2014. The investor will continue to hold 100% stake in the company.

The scheduled investment date for the transaction is April 15, 2014. On the same date, the transaction was approved by the board of directors of the investor. The company reported total assets of KRW 88,482,000,000, total stockholders' equity of KRW 38,560,000,000, total sales revenue of KRW 138,910,000,000, and net profit of KRW 11,133,000,000 for the year 2013.