Wolves have snapped up Seong Sang-bin from Suwon Samsung Bluewings.
The South Korean has been immediately loaned out to Swiss sister club Grasshoppers.
Wolves have brought Jeong Sang-bin to Europe, but they will not have the opportunity to use him until the summer of 2023.
Sang-bin has immediately been loaned to Grasshoppers on an 18-month deal.
"We have already seen how this process can benefit a player like Toti Gomes, and we look forward to seeing what Sang-bin can achieve in the Swiss league and then at Wolves," says Scott Sellars, the Wolves technical director.