INVENIA, listed on KOSDAQ, surged in early trading on the 5th on news that it signed a large display equipment supply contract with a Chinese corporations.
As of 9:21 a.m. on the day, INVENIA was trading at 2,015 won, up 465 won (30.0%) from the previous session. It went straight to the upper price limit (the daily price increase cap) right after the open.
INVENIA, a display panel manufacturing equipment company, said on the 2nd that it signed a manufacturing equipment supply contract worth 13.2 billion won with the Chinese display corporations "Chuzhou HKC Display Technology."
The contract amount equals 60.2% of INVENIA's 2024 sales. The contract runs from Jan. 31 to Feb. 3 this year.
After disclosing the order for the contract, INVENIA ended the session at the upper price limit. The stock is also soaring on the day, marking a strong run for two sessions in a row.