At the signing ceremony of the Gas Turbine Export Community Team Korea held at Doosan Enerbility's headquarters in Changwon on Jan. 21, Kim Joon-Dong (3rd from the left in the front row), president of Korea Southern Power, and Jeong Yeon-In, vice president of Doosan Enerbility (4th from the left in the front row), are taking a commemorative photo with representatives of domestic partners. /Courtesy of Doosan Enerbility

The stock price of Doosan Enerbility is strong, riding on expectations of entering the U.S. market.

As of 10:28 a.m. on the 22nd, Doosan Enerbility is trading at 23,700 won, up 7.48% from the previous day.

This trend in stock prices is interpreted as a result of Doosan Enerbility announcing that it signed a memorandum of understanding (MOU) with Korea Southern Power and nine domestic partners for a gas turbine export consortium Team Korea the previous day.

Doosan Enerbility explained that the MOU signifies that corporations throughout the entire value chain, from power generation companies to original equipment manufacturers (OEMs) and partners, will work together to lead to exports.

Team Korea plans to seek entry into the global market while collaborating on gas turbine technology development and fostering the industrial ecosystem.

With the news of Doosan Enerbility, Doosan and Doosan Udo are also showing an upward trend.

At the same time, Doosan is trading at 312,500 won, up 5.57%, while Doosan U is trading at 145,800 won, up 2.46%.

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