 |
[Alpha Biz=(Chicago) Reporter Kim Jisun] YUJIN Technology, a company specializing in secondary battery parts and materials, announced on the 15th that it will submit a securities report and enter the IPO schedule for KOSDAQ listing.
The total number of shares of YUJIN Technology is 1,049,482 shares, and the desired price per share is 12,800 to 14,500 won. The company plans to raise about 15.2 billion won (on the top of the band) through this public offering.
YUJIN Technology plans to finalize the public offering price by forecasting the demand of institutional investors from October 11 to 17. They will receive general applications from the 23rd to the 24th of the same month. It aims to be listed in early November, and NH Investment & Securities was in charge of the listing.
Founded in 2010, YUJIN Technology is engaged in secondary battery precision molds, precision mechanical parts, automation equipment, and lead taps as its main businesses.
YUJIN technology has continued to grow, recording an annual average growth rate of about 13% in consolidated sales from 2020 to last year. Eugene Technology's performance last year recorded consolidated sales of 39.825 billion won and operating profit of 2.385 billion won. In the first half of this year, consolidated sales amounted to 23.232 billion won and operating profit amounted to 4.436 billion won.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
