On the 29th, Sammi Metal hit the daily upper limit during intraday trading. The rally appears to stem from the contract to supply large turbine blades for nuclear power plants to Doosan Enerbility, coupled with the effect of a KOSDAQ transfer listing, concentrating buying interest.
As of 9:45 a.m. on the 29th, Sammi Metal was trading at 13,230 won, up 3,050 won (29.96%) from the previous trading day.
Sammi Metal merged with IBKS No.22 Special Purpose Acquisition Company and transferred its listing from KONEX to KOSDAQ. The merger ratio between Sammi Metal and IBKS No.22 Special Purpose Acquisition Company is 1 to 0.5474952, and the merger price is 3,653 won.
Sammi Metal said on the 29th it signed a contract with Doosan Enerbility to supply large turbine blades for nuclear power plants. The order covers quantities to be applied to Hanul Unit 3, one of the four domestic reactors reaching their maintenance, repair and overhaul (MRO) schedule.
The company said the Hanul Unit 3 order could lead to follow-on orders. That is because other plants, including Hanul Unit 4 and Hanbit Units 3 and 4, have also reached their maintenance schedule.