Hanatech Receives KOSDAQ Preliminary Listing Approval... KOSDAQ Listing Scheduled for November

Planned Offering Price: 31,000~35,000 KRW

[Asia Economy Reporter Eunmo Koo] Hanatech, a specialized company in mass production equipment for secondary batteries, will enter the KOSDAQ market within November.

The KOSDAQ Market Headquarters of the Korea Exchange approved Hanatech's preliminary listing review at the KOSDAQ Market Listing Committee meeting on the 15th. Hanatech announced on the 16th that it will submit a securities report and begin the public offering process.

The total number of shares Hanatech plans to offer in this listing is 800,000 shares. The expected offering price is between 31,000 and 35,000 KRW per share, with a total offering amount of 24.8 billion to 28 billion KRW. The offering price will be finalized through demand forecasting from the 9th to the 10th of next month, followed by subscription over two days on the 13th and 16th. The listing and commencement of trading are scheduled for the end of November.

Hanatech manufactures core mass production equipment for all types of secondary batteries, including cylindrical, prismatic, and pouch types. Currently, it can provide a full turnkey supply line for assembly, formation, pack assembly, and inspection equipment, excluding the electrode plate process. Once the development of core equipment for the electrode plate process is completed within this year, Hanatech will become a global secondary battery equipment company with a full lineup of equipment for all processes.

Hanatech has secured major customers in leading electric vehicle countries such as the three domestic battery companies, as well as companies in the United States, China, and Germany. In particular, the cylindrical battery electrolyte filling machine and packaging equipment, which achieve the fastest speed domestically, are exclusively supplied to large domestic companies, and this month, Hanatech was officially registered as a partner of Volkswagen in Germany.

In April, Hanatech succeeded in winning the world's first turnkey line order for the assembly and activation process of a semi-solid battery production line, leading the next-generation battery equipment market. Additionally, Hanatech is pursuing new businesses such as the development of charge-discharge equipment for recycling used batteries and the development of UTG (Ultra-Thin-Glass) display heat chamfering equipment.

Hanatech recorded sales of 55.1 billion KRW, operating profit of 4.6 billion KRW, and net profit of 3.5 billion KRW based on consolidated financial statements for the first half of this year.

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