CCS CHUNG-BUK CABLE TV COMPANY touched the upper limit early in the session on the 20th, showing a 20% rise. The management dispute surrounding CCS CHUNG-BUK CABLE TV COMPANY is unfolding in favor of the current representative, along with news about entering the quantum computing business, which has drawn in investors.
As of 9:25 a.m. on that day, CCS CHUNG-BUK CABLE TV COMPANY recorded an upper limit increase of 354 won (29.94%) from the previous transaction day. The stock price then slightly decreased, trading at 1,499 won, which is an increase of 263 won (21.28%) as of 9:44 a.m.
CCS CHUNG-BUK CABLE TV COMPANY was once spotlighted as a superconducting-related stock, but it is experiencing a management dispute after the Ministry of Science and ICT intervened during the process of changing its major shareholder. Last month, both the current and former executives held separate shareholder meetings on the same day, intensifying the management dispute.
However, the management dispute is leaning in favor of the current representative. CCS CHUNG-BUK CABLE TV COMPANY announced that on the 19th it received dismissals for all requests regarding the 'temporary suspension of the representative director's duties,' 'confirmation of transfer status,' and 'prohibition of convening a shareholders' meeting.'
Amidst this situation, CCS CHUNG-BUK CABLE TV COMPANY has also announced its entry into the quantum computing business following superconductors. The current representative noted that a 100% subsidiary will be established and new directors will be appointed to start the quantum computing business. Quantum computing is ultra-fast, large-capacity computing technology that utilizes quantum mechanical phenomena to process multiple pieces of information simultaneously.