CS BEARING VIETNAM Co.,Ltd. announced that it will receive KRW 5,352,000,000 in an equity round of funding on June 11, 2021. The transaction will include participation from returning investor CS BEARING Co.,Ltd. through shareholder allocation increase to retain its 100% stake in the company. The transaction has been approved by the board of directors of the company.

The payment date is on December 31, 2021.