[Asia Economy Reporter Yoo Hyun-seok] Iljin Power is showing strength. It appears that the news of appointing a director of the Korean Nuclear Society to Yoon Seok-yeol's People Power Party election committee has had an impact.


As of 10:07 AM on the 15th, Iljin Power was trading at 17,650 KRW, up 2.32% (400 KRW) compared to the previous trading day.


The People Power Party election committee appointed Cho Jae-wan, a director of the Korean Nuclear Society (age 30), to the "Committee for a Republic of Korea to Look Forward to Tomorrow" the day before. Director Cho completed his bachelor's and master's degrees in Nuclear and Quantum Engineering at KAIST and is currently pursuing a doctoral program.


Earlier, Yoon Seok-yeol, the People Power Party candidate, criticized the Moon Jae-in administration's nuclear phase-out policy. Last month, through Facebook, he said, "The nuclear phase-out is a disaster caused by the ignorance of the Moon Jae-in government," adding, "Why is it always the government that causes problems but the people who have to take responsibility?"


Also, at a nuclear power meeting on the 29th of last month, after the meeting, Yoon emphasized in a Q&A session with the press that "the 4th generation nuclear power project was prematurely halted due to the nuclear phase-out policy," and stated, "It must be resumed. I will resume it."



Iljin Power is a major partner company of the Korea Atomic Energy Research Institute's national project lead organization. It has participated in technology development such as reactor and related equipment development, design and manufacturing, commercialization of high value-added nuclear fusion facility fuel storage technology, chemical equipment manufacturing, and production of nuclear equipment.


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

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