[This Week's IPO] Demand Forecast and Subscription Schedule for the Fourth Week of July

[Asia Economy Reporter Jang Hyowon] In the fourth week of this month (July), Saevitchem and HYTC will conduct public subscription offerings for general investors.

◆Saevitchem= Saevitchem conducted demand forecasting on the 20th and 21st. The desired public offering price band is 25,000 to 30,000 KRW per share, with a total offering amount of approximately 26.8 billion to 32.1 billion KRW. General subscription will take place on the 26th and 27th, and the company plans to be listed on KOSDAQ within August. The lead underwriter is Korea Investment & Securities.

Saevitchem is a specialized company in secondary battery recycling. Led by CEO Park Mingyu, the company has focused on eco-friendly recycling research and development, resulting in high-purity refining technology and customer-tailored tuning technology to actively respond to high-nickel demand. Last year, its sales and operating profit were 33.4 billion KRW and 5.5 billion KRW respectively, with an operating profit margin of 16.5%.

◆HYTC= HYTC conducted demand forecasting on the 21st and 22nd. The desired public offering price range per share is 13,000 to 15,000 KRW, with an expected offering amount of 29.4 billion to 33.9 billion KRW. General public subscription is planned for the 28th and 29th. The listing is scheduled for August, with Shinyoung Securities as the lead underwriter.

HYTC primarily operates in the manufacturing of ultra-precision parts for secondary battery manufacturing equipment. It produces ultra-precision parts used in most equipment for the electrode plate and assembly processes, excluding the chemical process, within the secondary battery manufacturing process. The company is expanding its product lineup through continuous technological development.

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