[Featured Stock] Koiz Rises for Second Day on News of Mass Production of Secondary Battery Cathode Materials
From the left, Kim Wonsik, Vice Chairman of the KOSDAQ Association; Choi Hongsik, Head of the KOSDAQ Market Division at Korea Exchange; Jo Jaehyung, CEO of Koiz; and Yoo Sangho, CEO of Korea Investment & Securities.
View original image[Asia Economy Reporter Ji Yeon-jin] Koiz, a specialized company in display materials, has hit the upper price limit for two consecutive days following news of its push for mass production of cathode materials for secondary batteries.
On the 15th, Koiz's stock price soared to the maximum price limit (29.98%, 775 KRW) within about 9 minutes of market opening, trading at 3,360 KRW. This marks the second consecutive trading day hitting the upper price limit following the previous day's surge.
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Earlier, on the 14th, Koiz announced that it has entered the development stage of mass production technology for cathode materials of secondary batteries by applying nano metal oxide generation technology transferred from the Korea Advanced Institute of Science and Technology (KAIST). Currently, Koiz is developing an automated mass production process.
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