[Featured Stock] 'Hyundai Motor-Related Stock' Hwashin Rises Strongly

[Asia Economy Reporter Park So-yeon] Hwashin is showing strong performance following news of Hyundai Motor's accelerated push into the Southeast Asian market.

As of 10:38 AM on the 24th, Hwashin is trading at 10,800 KRW on the KOSPI market, up 1,900 KRW (21.35%) from the previous day.

Hwashin has a market capitalization of 378.9 billion KRW and ranks 427th on the KOSPI. The number of listed shares is 34,920,410, with a par value of 500 KRW per share.

Hwashin was established on July 1, 1975, and listed on January 14, 1994.

Hwashin supplies major automotive chassis and body parts, either as modules or individual components, primarily to Hyundai Kia Automotive Group, the largest domestic automaker, and its related automotive affiliates.

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