Daehan Green Power Corporation (KOSDAQ:A060900) agreed to acquire Daehan Power Technology Co., Ltd. from Daehan Green Energy CO.,LTD. and others for approximately KRW 22.6 million on July 15, 2020. The merger contract was signed on July 16, 2020. The merger ratio is 1:170.5448833. As of August 27, 2020, Merger ratio of Daehan Green Power Co., Ltd.: Korea Power Generation Technology Co., Ltd. = 1: 168.0086176. After the merger, the name of Daehan Power Technology Co., Ltd. Daehan Power Technology Co., Ltd. reported total assets of KRW 6.5 billion, revenue of KRW 4.3 billion, operating profit of KRW 1.74 billion, net profit of KRW 961.2 million and net assets of KRW 1.67 billion as of December 31, 2019. The Board approval was granted on August 27, 2020. The transaction is expected to complete on September 21, 2020. As of August 27, 2020, completion is scheduled to take place on September 29, 2020.