Hana Securities Signs MOU with SK On and Hana Alternative Asset Management to Build Secondary Battery Ecosystem

Hana Securities announced on the 25th that it has signed a Memorandum of Understanding (MOU) for an alliance to expand investment in the secondary battery ecosystem with SK On and Hana Alternative Asset Management.

Through this agreement, the parties will establish a mutually close and organic cooperation system for investment in the secondary battery ecosystem. They will exchange industrial technology company information provided by SK On and discover promising technologies to revitalize the secondary battery ecosystem business. Hana Securities and Hana Alternative Asset Management will participate in various investments and financing of SK On and jointly promote projects for discovering additional projects, investment, and financial brokerage.

Kang Sung-mook, CEO of Hana Securities (right), Choi Young-chan, President of SK On's Management Support Division (center), and Lee Ho-seung, CEO of Hana Alternative Asset Management (left) are posing for a commemorative photo at the signing ceremony. Photo by Hana Securities

Kang Sung-mook, CEO of Hana Securities, said, "We are now at a point where not only the industry but also the financial sector must endure innovative challenges to the existing paradigm amid the massive changes of energy transition and decarbonization," adding, "Hana Securities will build a partnership with SK On to explore new growth opportunities and expand investment areas."

Choi Young-chan, Chief of Management Support at SK On, said, "We have laid the foundation for a virtuous cycle structure to discover and invest in promising companies within the secondary battery industry," and added, "Based on close cooperation among the three companies, SK On will do its best to promote co-growth so that domestic materials, parts, and equipment companies can grow together."

Lee Hu-seung, CEO of Hana Alternative Asset Management, also stated, "We will strive to create a battery ecosystem that is the nation's future industry, a new growth engine, and can contribute to achieving carbon neutrality."

Meanwhile, Hana Securities is leading ESG (Environmental, Social, and Governance) in the securities industry. It supports green environment and social value creation projects by issuing ESG bonds and actively invests in domestic and international solar power projects, waste treatment facilities, and energy generation such as combined heat and power. It has also established a proactive position in the carbon emission rights business to help market development and is expanding its ESG domain by introducing innovative financial products such as gift wrap accounts.

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