Yonwoo Co., Ltd (KOSDAQ:A115960) agreed to acquire Yonwoo China(Houzoh) Co.,Ltd for KRW 2.8 billion on July 27, 2018. During the financial year ended December 2017, total assets of KRW 5.5 billion, net assets of KRW 3.9 billion and net loss of KRW 223 million. The transaction is expected to be completed by September 30, 2018.