Uiryeong Wind Power Co., Ltd. announced a private placement of 100,000 common shares at an issue price of KRW 5,000 per share for proceeds of KRW 500,000,000 on September 25, 2023. The transaction will include participation from returning investor Unison Co., Ltd. The shares will be issued pursuant to shareholder allocation method. The transaction has been approved by the board of directors of the company.