On the 6th, the stock price of DAEJIN ADVANCED MATERIALS, a corporation for secondary battery process materials and parts listed on the KOSDAQ market, is strong.

On Jun. 6, at the Korea Exchange in Yeongdeungpo-gu, Seoul, officials from DAEJIN ADVANCED MATERIALS are taking a commemorative photo after the delivery of the listing commemorative plaque at the listing ceremony hosted by the KOSDAQ market. From left are Kim Dae-young, Vice Chairman of the Korea Investor Relations Association, Min Kyung-wook, Head of the KOSDAQ Market at the Korea Exchange, Yoo Sung-jun, CEO of DAEJIN ADVANCED MATERIALS, Kang Sung-bum, Vice President of Mirae Asset Securities, and Kang Wang-rak, Vice Chairman of the KOSDAQ Association. /Courtesy of Korea Exchange

According to the Korea Exchange on the 28th, as of 9:22 a.m. that day, DAEJIN ADVANCED MATERIALS is trading at 17,870 won, an increase of 1,730 won (10.72%) from the previous trading day.

This is interpreted as a response to DAEJIN ADVANCED MATERIALS' decision to actively expand production bases in the United States and Europe this year, leading to increased investor sentiment.

Recently, DAEJIN ADVANCED MATERIALS signed a supply contract for anti-static trays for a 7.5-gigawatt hour (GWh) energy storage system (ESS) project led by Excelcio Energy Capital, a global private equity firm specializing in renewable energy, and managed by a global secondary battery corporation.

Currently, a second factory is being built under a government support agreement in Tennessee, and operations are expected to begin in earnest from the second half of the year. Afterward, production bases are planned to expand into Georgia, Arizona, and Europe.

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