Hansung Cleantec Major Shareholder Buys Back Shares... "Confidence in Growth Potential and Future Value"

Hansung Cleantec, a KOSDAQ-listed company, announced on the 9th through the Financial Supervisory Service's electronic disclosure system that its largest shareholder recently purchased company shares directly on the market.

This purchase by the largest shareholder publicly demonstrates confidence in the company's future growth potential and a commitment to enhancing corporate value, based on the judgment that the current stock price is significantly undervalued compared to its intrinsic value.

A representative of Hansung Cleantec stated, "The largest shareholder directly purchased shares based on confidence in the company's business competitiveness and growth potential," adding, "This stock purchase will serve as a positive opportunity not only to enhance shareholder value but also to strengthen market trust."

They continued, "We will do our best to ensure that Hansung Cleantec's intrinsic value is properly recognized in the market through continuous business growth and profitability improvement."

Hansung Cleantec is promoting continuous technological development and business expansion centered on semiconductor-grade 'ultrapure water' engineering capabilities in the industrial water treatment sector. Recently, the company has accelerated its entry into new industrial core material recycling businesses through subsidiaries and is also intensifying efforts to target the global market. Accordingly, the company expects gradual expansion of performance improvement and mid- to long-term growth prospects.

Hansung Cleantec expects that the largest shareholder's recent stock purchase will send a positive signal to the market and plans to continue various efforts to normalize the stock price in line with its intrinsic value.

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