[Featured Stock] Daewon Hwasung Hits Upper Limit on 'Ioniq 5' Eco-Friendly Seat Supply
[Asia Economy Reporter Ji Yeon-jin] Daewon Chemical, a synthetic leather manufacturer, recorded a 52-week high as its stock price hit the upper limit on the 18th following news that it will supply eco-friendly seats for Hyundai Motor's 'Ioniq 5'.
Daewon Chemical was traded at 2,655 KRW on the Korea Exchange from 10:27 AM, up 29.83% compared to the previous day. This is a 52-week high.
On the same day, Daewon Chemical announced that it will supply eco-friendly seat material products for Hyundai Motor's 'Ioniq 5'.
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The seat material applied to this Ioniq 5 is a product made using an eco-friendly process that aligns with the electric vehicle's environmentally friendly image, and Hyundai Motor plans to offer these eco-friendly seats as an option.
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