[Asia Economy Reporter Hyunseok Yoo] DA Technology announced on the 15th that the change of the largest shareholders to CEO Jongwook Lee and two others has been completed.


Starting with this change of the largest shareholders, DA Technology plans to strengthen its governance structure along with reinforcing responsible management.


DA Technology is accelerating order expansion by signing supply contracts for secondary battery manufacturing equipment with global automakers such as Rivian.


A company official stated, "In the current secondary battery business, we are receiving love calls from global companies, discussing battery equipment supply not only with Rivian but also with European battery companies," adding, "We expect to achieve stable growth next year as well, following this year."



He continued, "Based on this change of the largest shareholders, we plan to resolve overhang concerns through responsible management and do our best to maximize shareholder value."


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

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