[Featured Stock] Daeyu A-Tech Gains Attention for Supplying Parts to Iljin Hysolus, Which Achieved 'Ttasant'

[Asia Economy Reporter Minwoo Lee] Daeyu A-Tech's stock price is on the rise. It appears that the company's history of supplying various parts to Iljin Hysolus, which recorded a 'ttasang' (opening price at double the IPO price followed by a limit-up), upon its market debut, has been highlighted.

At 10:21 AM on the 1st, Daeyu A-Tech's stock price recorded 1,365 KRW, up 5.81% from the previous day. It seems to have been spotlighted as a beneficiary stock following Iljin Hysolus's ttasang. Iljin Hysolus manufactures hydrogen tanks and containers that store hydrogen for hydrogen fuel cell vehicles.

On the day, Iljin Hysolus formed its opening price at 68,600 KRW, double its IPO price of 34,300 KRW. Since then, it has maintained 89,100 KRW, which is the maximum price increase limit (29.88%) from the opening price, from early trading.

Accordingly, Daeyu A-Tech's past record of supplying automotive parts to Iljin Composite Materials, the predecessor of Iljin Hysolus, appears to have acted as a positive factor. Daeyu A-Tech operates an AL alloy business that imports and sells raw materials for aluminum wheels and a business that manufactures automotive LPI gas tanks and supplies them to finished car manufacturers. According to Daeyu A-Tech's business report on the Financial Supervisory Service's electronic disclosure system, Iljin Composite Materials is included as a client in both businesses.

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