Hansung Cleantec Major Shareholder Officializes Treasury Stock Purchase Plan... "Expresses Confidence in Growth" View original image

KOSDAQ-listed company Hanseong Cleantec announced on the 9th through the Financial Supervisory Service's electronic disclosure system that its largest shareholder plans to purchase additional treasury shares. This plan formalizes the largest shareholder's continuous purchases, following direct stock acquisitions in the market, reflecting a high evaluation of the company's growth potential and future value.


A representative of Hanseong Cleantec explained, "The largest shareholder's purchase is based on confidence in the company's core business competitiveness and is driven by the judgment that Hanseong Cleantec's corporate value is currently excessively undervalued in the market. There is a plan for continuous purchases going forward."


They continued, "The demand for ultrapure water in major industries such as semiconductors is continuously expanding. Along with this, the full subsidiary EN Water Solution is conducting research and pilot projects on key industrial materials such as 'Hyeongseok' and 'Tansan Lithium' for eco-friendly recycling new businesses. The full-scale launch of these initiatives will significantly contribute to Hanseong Cleantec's mid- to long-term growth and profitability improvement. The largest shareholder's ongoing purchase plan aims to clearly communicate the company's value to the market and further strengthen trust with investors," they emphasized.



Hanseong Cleantec plans to continue strengthening the competitiveness of its core business and focus investments on securing future new growth engines, thereby leading the normalization of its stock price in line with its intrinsic value.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing