Lee Jae-myung, the presidential candidate for the Democratic Party of Korea, is experiencing a surge in the stock price of Yujin Robot, which is regarded as a theme stock for his campaign, marking three consecutive days of hitting the upper limit.
According to the Korea Exchange on the 14th, at 9:28 a.m. that day, Yujin Robot was trading at 16,260 won, up 3,750 won (29.98%) from the previous transaction day. With this upper limit recording, Yujin Robot has set a new annual high.
The strength of Yujin Robot's stock price is attributed to the appointment of its outside director, Jang Dong-ui, a professor in the Department of Electrical and Computer Engineering at the Korea Advanced Institute of Science and Technology (KAIST), as a special advisor for future technology No. 2 under Lee's Central Election Campaign Committee on the 10th. The new advisor, also a professor at KAIST, has served as an outside director of Yujin Robot since March 2021.
Yujin Robot is a first-generation Korean robotics company that has been producing robotic vacuum cleaners since 2005. In 2023, it reorganized its robotic vacuum cleaner business and is now developing and selling finished goods such as autonomous logistics robots and smart automation equipment.