EM&I, CEO Gochanghun's Insider Buying..."Enhancing Shareholder Value and Strengthening Responsible Management"

Ko Chang-hoon, CEO of EM&I, an organic light-emitting diode (OLED) material manufacturer, is purchasing company shares to stabilize the stock price and strengthen responsible management.

EM&I announced on the 7th that CEO Ko purchased approximately 80,000 shares of the company through on-market transactions.

CEO Ko stated, “Based on confidence in the stability of existing business sectors and the growth potential of new business sectors, I plan to continuously conduct on-market purchases to strengthen responsible management and enhance shareholder value.”

He added, “We plan to hold an extraordinary general meeting of shareholders in September to fully offset the deficit incurred during the KJ Pretech era with capital surplus, thereby improving the financial structure. Based on this year’s business performance, we will actively consider various shareholder return policies.”

EM&I recently won a final victory in an ongoing lawsuit and is focusing on business operations and new ventures. Last month, the company completed the establishment of its Indian subsidiary and plans to actively pursue new businesses such as electric two-wheelers, battery distribution, and lithium raw material businesses. Going forward, the company intends to improve performance by adding growth strategies like discovering new OLED materials to its existing core businesses.

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