[Featured Stock] Yuil Energy Tech Rises 6% on 2nd Battery Growth Expectations
[Asia Economy Reporter Lee Seon-ae] On the 2nd, Yuil Energy Tech is showing a strong rise of over 6%.
At 9:59 AM that day, Yuil Energy Tech was trading at 23,700 KRW, up 6.29% from the previous trading day. Early in the session, it surged to 24,350 KRW. Yuil Energy Tech, a newcomer listed on the KOSDAQ market in February this year, has been attracting attention as a secondary battery-related stock, with recent trading volume accompanying its upward trend in stock price.
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Yuil Energy Tech announced that it signed a supply contract for secondary battery assembly process manufacturing equipment worth 13.5 billion KRW in June. The contracting party was not disclosed due to a request for confidentiality in corporate management. In March, the company also announced that it had signed a supply contract for secondary battery assembly process manufacturing equipment worth 12 billion KRW.
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