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Samsung Securities has raised its target price for Hanwha Corp. from 1.04 million won to 1.5 million won, anticipating that the company's planned spin-off will resolve its asset value discount. The split will create Hanwha Corp., focusing on defense and energy, and Hanwha Machinery & Services Holdings, which will manage machinery services, aiming for significant growth in revenue and dividends. The firm emphasizes the need for a sustainable capital policy to enhance shareholder returns and reflect subsidiary value in stock prices.