Naintech Achieves Record High with 197.2 Billion KRW Sales Last Year

Ninetech announced on the 28th that it achieved consolidated sales of 197.2 billion KRW last year. This represents a 60.3% increase compared to the previous year, marking the highest sales since its establishment. Operating profit also reached 4.7 billion KRW, successfully turning to a profit.

The driving force behind Ninetech's performance this year is secondary battery equipment. Significant sales growth was achieved as deliveries to the local North American subsidiary of its client began in earnest. The company manufactures lamination equipment that bonds notched unit electrodes and stacking equipment that stacks a fixed number of layers according to the secondary battery capacity, supplying these to major clients.

In addition to secondary battery equipment, the company has secured next-generation glass substrate semiconductor technology, laying the groundwork for proactive commercialization. Development and testing of glass substrate-related equipment have been completed. Verification of WET PROCESS equipment for the Through Glass Via (TGV) process has also been finalized. To prepare for the anticipated increase in equipment demand, the company is actively considering additional expansion starting this year.

Furthermore, with funds secured through a paid-in capital increase, Ninetech is expanding into new business areas such as sodium secondary batteries, thermoelectric devices, dry electrode process equipment, and battery recycling, focusing on securing future growth engines.

A Ninetech representative stated, “This achievement is the result of company-wide efforts and innovation, with our technological capabilities and customer-centric approach playing a significant role. We will continue to provide innovative products and services through ongoing research and development (R&D), strengthen our competitiveness in the global market, and strive for steady performance growth.”

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