Jiangsu Yoke Semiconductor Materials Co., Ltd. agreed to acquire 75.1% stake in SKC ENF Electronic Materials from SKC solmics Co., Ltd. for KRW 50 billion on September 12, 2023. Under the terms of agreement, Total transaction amount: KRW 50 billionwith Down payment: KRW 16.3 billion, Immediately upon conclusion of contract, buyer ODI Filing process and Escrow account deposit. With this transaction, all business related to SK N-Pulse Co., Ltd.'s Chinese business was transferred.

SPC, SKC-ENF Electronic Materials Limited, Subsidiary, SE (JIANGSU) Electronic Materials Co., Ltd. and Subsidiary, SKC (Nantong) Semiconductor Materials Technology Co., Ltd. SKC ENF Electronic Materials reported total assets of KRW 19.863005 million and total owners' equity of KRW 19.863005 million as at June 30, 2023. The transaction is expected to close on March 29, 2024. As of March 29, 2024, the transaction is expected to close on May 31, 2024.

The transaction is expected to close on September 12, 2024.