Yujin Technology Receives Preliminary Approval for KOSDAQ Listing... Public Offering Process Begins

Eugene Technology, a specialized company in precision molds and materials for secondary batteries, announced on the 8th that it has received preliminary approval for KOSDAQ listing from the Korea Exchange.

Founded in 2010, Eugene Technology operates primarily in precision molds for secondary batteries, precision machine parts, automation equipment, lead tab production, and maintenance. Its products include knife units for electrode processes, friction shafts, notching molds and forming molds for assembly processes, lead tabs, and degas machines for activation processes. The company possesses excellent technology capable of supplying products across all processes of secondary battery manufacturing. Rather than simple parts, it develops and produces high-performance products in module or unit form customized for clients.

Eugene Technology is driving business growth with notching molds, a core component in the assembly process, as its main product. Notching molds are parts installed in notching machines that cut electrode plates coated with active materials on the cathode or anode into cell forms. Since 2020, the company has consistently held the number one market share in domestic notching molds and is expanding the gap in market share.

Based on its unique technology and high quality, the company has secured global leading companies as clients within the secondary battery value chain, including battery manufacturers, battery equipment manufacturers, and electric vehicle manufacturers. Overseas, it has subsidiaries in Poland, Hungary, China, and the United States, where its clients’ major mass production facilities are located, and places resident staff at each base to respond promptly to on-site situations.

With the global trend of tightening regulations on carbon dioxide emissions, demand for secondary batteries is expanding, and Eugene Technology is expected to benefit from aggressive new facility investments by related companies in the future.

Yeoh Hyun-guk and Lee Mi-yeon, co-CEOs of Eugene Technology, stated, “We are building technological entry barriers through continuous research and development and producing industry-leading notching molds. We will grow alongside the secondary battery industry.”

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