Hanmi Semiconductor, Vice Chairman Gwak Dong-shin Ranked 19th Among Domestic Stock Tycoons
The value of shares held by Kwak Dong-shin, Vice Chairman and CEO of semiconductor equipment company Hanmi Semiconductor, has increased significantly this year.
On the 12th, Kwak ranked 19th in the domestic stock billionaire rankings compiled by financial information company FnGuide.
Kwak Dong-shin, the largest shareholder of Hanmi Semiconductor, holds a 35.51% stake. He also owns 8.42% of HPSP, a semiconductor front-end equipment company listed on KOSDAQ in July 2022.
With the recent surge in the stock values of both companies, as of the closing price on July 11, the value of Kwak’s holdings reached 1.2399 trillion won. For the first time, he entered the top 20 in the domestic stock billionaire rankings.
This year, the stock prices of semiconductor equipment companies have steadily risen. Hanmi Semiconductor’s Dual TC Bonder, an essential process equipment for producing High Bandwidth Memory (HBM), has gained attention as a core AI semiconductor device represented by AI software ChatGPT. HPSP also attracts market interest by holding major global semiconductor companies as clients and achieving a 100% global market share in high-pressure annealing equipment through proprietary technology.
Hanmi Semiconductor is recognized as a major equipment supplier in the global semiconductor market through continuous research and development and securing independent technology. Since Kwak took office as sole CEO in March 2010, Hanmi Semiconductor’s corporate value has increased by 1700%. Its market capitalization has surpassed 3 trillion won.
At the time of investment, HPSP’s value was about 300 billion won, with a stock price of 4,527 won per share. On the 4th, it recorded 28,950 won, rising approximately 539%. The current capital gains amount to 166.8 billion won.
Hanmi Semiconductor has been leading efforts to return profits to shareholders through three consecutive years of treasury stock cancellations and purchases, as well as steady dividends. On November 30 last year, it canceled 1,580,452 shares of treasury stock worth about 20 billion won. At the end of March, it paid a cash dividend of 200 won per share. It also continues social contribution activities by providing scholarships and donations annually to domestic and Taiwanese sponsored organizations.
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