Kiwoom No.1 Special Purpose Acquisition Company is a Korea-based company formed for the sole purpose of merging with existing companies. The Company focuses its search for target businesses in segments, such as green technology industry segment, including renewable energy, carbon reduction energy, advanced water treatments, light emitting diode (LED) applications, green transportation systems and others; advanced convergence industry segment, including the convergence of broadcastings and telecommunications, information technology (IT) convergence systems, high value-added food industries and others, and value-added service industry segment, including global healthcare, global education service, green finance, contents/software, as well as meeting, incentive, conference and exhibition (MICE) tourism. On April 3, 2012, the Company merged with Young Poong Pharmaceutical Co.,Ltd. After the merger, the Company survived and Young Poong Pharmaceutical Co.,Ltd. was dissolved.