[South Korea is Drafting a Reform Plan for the KOSDAQ Market] According to a report by Jinse Finance on June 30, South Korea's financial regulatory authorities and the Korea Exchange are currently finalizing a reform plan for the KOSDAQ market. Establishing a dedicated core index system for the top-tier segment has been identified as a key agenda item, and opinions are being solicited from various market participants. Relevant departments are promoting the introduction of a tiered system, proposing to reorganize the KOSDAQ market into three main categories: Select Segment, Standard Segment, and Management Segment.