LS E-Link Submits Preliminary Listing Review Application... "Aiming for Listing Within the Year"
LS·E1 Joint Establishment
Advancing B2B-Focused Electric Vehicle Charging Business
LS E-Link announced on the 22nd that it has submitted a preliminary listing examination application to the Korea Exchange for its KOSDAQ listing.
The lead underwriters for the listing are Mirae Asset Securities and Korea Investment & Securities.
LS E-Link was established through a joint investment by LS and E1 in 2022 to develop the electric vehicle charging infrastructure construction and operation business. The company is conducting its electric vehicle charging business mainly targeting B2B customers such as large transportation and freight sectors that require large-scale power. Its cumulative sales for the first half of this year amounted to 19.5 billion KRW, with an operating profit of 2.2 billion KRW.
Based on partnerships with major operators nationwide and stable performance, the company aims to be listed within this year. The funds raised through the listing will be used to strengthen technology and expand global business.
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Kim Dae-geun, CEO of LS E-Link, stated, "LS E-Link is rapidly growing through systematic B2B charging solutions tailored to user environments," adding, "With this IPO, we will transform into a global-level electric vehicle charging service company."
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