Hana Securities forecasted on the 23rd that Hanjung NS is actively expanding its facilities and is expected to add new clients.


Choi Jae-ho, a researcher at Hana Securities, explained, "Hanjung NS's ESS water-cooled cooling system is mainly installed in the ‘SBB 1.0’ 3.8MWh capacity product," adding, "It is understood that they have recently completed the development of the next-generation ‘SBB 1.5’ 5.3MWh capacity product and have started full-scale mass production."


He continued, "Compared to existing products, it loads a significantly larger amount of batteries while improving energy density by about 37%," adding, "They are expanding facilities in preparation for the increasing volume." He emphasized, "They plan to expand production capacity to about 300 billion KRW in annual sales."


Researcher Choi analyzed, "Since they possess core technology for the ESS cooling system, they will secure additional cell maker clients beyond the existing major customers," and added, "EPC companies responsible for design, procurement, and construction are also potential clients."



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