The Technology to Spin Off Network Equipment Business... Establishes New Corporation 'Einsis Inc.'

The Technology will physically spin off its network equipment business division to establish a new corporation.

The Technology announced on the 19th that it resolved through a board of directors meeting to split its network equipment business division via a simple physical spin-off method and establish a new corporation, 'Einsis Inc.'. The spin-off date is October 1, 2026.

This spin-off will be carried out as a simple physical spin-off in which The Technology will own 100% of the issued shares of the newly established company. Following the spin-off, the surviving company, The Technology, will retain businesses such as the manufacturing and sales of pharmaceutical raw materials as its primary business, while the new corporation, Einsis Inc., will specialize in the network equipment business, including computer system integration consulting, deployment, and management.

Regarding the purpose of the spin-off, the company stated, "By separating the network equipment business division, we will establish a rapid and professional decision-making system tailored to the characteristics of the business," adding, "We will maximize management efficiency by concentrating the capabilities of each business area and establish an independent and responsible management system."

Looking at the key details, the spin-off utilizes a simple physical spin-off structure where the surviving company owns a 100% stake. The name of the newly established corporation has been decided as Einsis Inc. The approval at the general shareholders' meeting will proceed on September 30, 2026, and the spin-off date is October 1. The sales amount of the new company for the most recent business year is 8.84391 billion won.