JusTech, a specialist in ultra-precision motion control, has launched a bid to list on the KOSDAQ market.
JusTech said on Feb. 10 that it submitted a preliminary listing review application to the KOSDAQ Market Headquarters of the Korea Exchange (KRX) on the 7th.
The goal is a special listing under the materials, parts and equipment technology track, and Samsung Securities is serving as the underwriter.
JusTech, a corporations that develops and supplies ultra-precision motion systems, was founded in 1999.
Its main products are ultra-precision motion stages for front-end and back-end semiconductor and display processes, satellite attitude control motors, and linear motors. Last year, it posted consolidated sales of 19.8 billion won and operating profit of 900 million won.
A JusTech official said, "We proved our technological prowess by successfully localizing ultra-precision motion control," adding, "Our goal is to enter global markets along with top-line growth."
Meanwhile, in an earlier technology evaluation, JusTech received an A grade for excellence in the completeness of core technologies such as high-performance motion technology and smart motion technology, the level of commercialization, and market competitiveness.