Blitzway Listed on KOSDAQ... "Will Leap Forward as a Global Comprehensive Content Company"

[Asia Economy Reporter Jang Hyowon] Blitzway, Korea's first figure company, expressed confidence in advancing as a comprehensive content company through its KOSDAQ listing.

(From the third person in the first row on the left) Baek Seong-ung, CEO of Blitzway, Oh Ik-geun, CEO of Daishin Securities, and others are taking a commemorative photo for the listing at the Korea Exchange in Yeouido, Seoul. / Photo by Blitzway

Figure manufacturing specialist Blitzway held a new listing ceremony on KOSDAQ at the Korea Exchange in Yeouido, Seoul, on the 23rd.

The ceremony was attended by key executives including CEO Bae Seong-ung, Directors Choi Seung-won, Kwon Hyuk-cheol, Kim Tae-heon, as well as Hong Soon-wook, Vice Chairman of the Korea Exchange, and Oh Ik-geun, CEO of Daishin Securities.

Founded in 2010, Blitzway owns the live-action figure brand ‘Blitzway’ based on Hollywood movies, the animation figure brand ‘Opro Studio’, and the art toy brand ‘Truck380’.

Blitzway is the only domestic company to directly sign worldwide license agreements with Hollywood production companies. Recently, it announced figure productions for the animation ‘Voltron’, games ‘League of Legends’, ‘Black Desert’, and the sci-fi movie ‘Dune’.

Major partner companies include Disney, Universal Studios, Paramount Pictures, Fox, Sony, as well as HYBE, YG Entertainment, Nexon, NCSoft, and Pearl Abyss.

The largest shareholders of Blitzway are Bae Seong-ung and three others (62.59%). CEO Bae’s shares will be under lock-up for 2 years and 6 months after listing, while Directors Choi Seung-won and Kwon Hyuk-cheol’s shares will be locked for 1 year and 6 months. Actor Bae Yong-joon, holding 10.51% of shares, will have a 6-month lock-up. In total, 83.56% of shares will be under lock-up.

After the KOSDAQ listing, Blitzway plans to strengthen collaboration with global content companies and secure its own IP (intellectual property rights) to advance as a comprehensive content company.

In particular, the increasing demand for K-dramas and movies is expected to boost collaborations with various content companies.

Blitzway CEO Bae Seong-ung said at the listing ceremony, “Using the KOSDAQ listing as a stepping stone, we will enhance global partnerships and development capabilities to increase corporate value, and discover new businesses to diversify our portfolio.”

He added, “We are currently conducting concrete collaborations with various companies to strengthen partnerships, and going forward, as a listed company, we will demonstrate transparent and sincere communication with investors.”

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