[Featured Stock] Microtech Signs BTS Mask Supply Contract... 'Strong Performance'

[Asia Economy Reporter Hyunseok Yoo] Microtech is showing strong performance. It appears to be influenced by the news of signing a large-scale supply contract for BTS Nano Masks.

As of 10:05 AM on the 11th, Microtech was trading at 2,500 KRW, up 2.46% (60 KRW) compared to the previous trading day.

On the same day, Microtech announced that it had signed an OEM (Original Equipment Manufacturer) supply contract worth 38 billion KRW with Entucell for the production of nano masks. This amount corresponds to 634% of recent sales revenue. The supply period is until December 31.

The product Microtech will supply is the nano mask BREATH SQUARE, which gained attention as worn by BTS. It is a mask utilizing nanofiber filters and has received safety certification in Japan. It is currently sold under the proprietary brand "Breath" in over 500 stores across Japan, including Tokyu Hands, Don Quijote, and Loft.

Entucell is a nano healthcare specialist company recently acquired by Microtech. This year, it has already secured export contracts for BREATH SQUARE masks worth approximately 150 billion KRW.

This content was produced with the assistance of AI translation services.