[Edaily Reporter Kwon Oh Seok ] SONOKONG CO., LTD. ( SONOKONG CO., LTD.(066910)), a KOSDAQ-listed company, announced on the 22nd that it has completed the subscription for a third-party private placement. Through this capital increase, a total of 5 billion won was raised from the largest shareholder, HK CO., LTD. (hereinafter “HK Mobility”), and Five Guys Investment Fund.

The funds raised this time, along with any additional funds in the future, are planned to be invested in phases into the new business areas SONOKONG CO., LTD. is currently pursuing. The company aims to achieve annual consolidated revenue of 200 billion won through the expansion of new businesses such as mobility, AI wellness, and toy IP, and plans to use the funds from this capital increase as a catalyst for that growth.
Cha Hyun-il, CEO of SONOKONG CO., LTD., explained, “The 5 billion won in additional funding raised through this capital increase will serve as a major turning point for SONOKONG CO., LTD.’s investments in new businesses—such as mobility and AI wellness—and for stabilizing our financial structure.” He added, “It also demonstrates the new management team, led by HK Mobility, commitment to responsible management.”
Meanwhile, SONOKONG CO., LTD., a KOSDAQ-listed toy specialist founded in 1983, has been actively pursuing business diversification—including mobility, AI wellness, and toy IP—since HK Mobility became its largest shareholder earlier this year. In the first quarter of this year, consolidated revenue reached approximately 38.4 billion won, a 732% increase compared to the same period last year, while net income stood at approximately 3.4 billion won.