Hana Securities Signs Lead Manager Agreement with Korea K Valve for IPO
Hana Securities announced on July 23 that it has signed a lead manager agreement with Korea K Valve, aiming for a KOSDAQ listing in 2027.
Korea K Valve is a specialized manufacturer of industrial butterfly valves, producing and distributing high-performance valves and piping equipment tailored to various industries. The company is accelerating its expansion into high value-added industries such as semiconductors, petrochemicals, and power plants by leveraging its precision valve technology, in addition to its established expertise in shipbuilding and plant sectors. In March of this year, Korea K Valve raised approximately 12 billion KRW in investment from Suseong Asset Investment. Starting with this IPO lead manager agreement, the company plans to actively pursue expansion of production facilities, increased investment in research and development (R&D), and broader entry into overseas markets.
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An Sungmin, CEO of Korea K Valve, stated, "This IPO represents a significant turning point for Korea K Valve as we aim to become a leading company in the global valve market," adding, "Through our preparations for listing with Hana Securities, we will continue to grow as a global enterprise." Jung Younggyun, Vice President of Hana Securities, commented, "Korea K Valve has proven its competitiveness in the domestic shipbuilding and industrial valve market," and added, "We plan to provide multifaceted support to ensure a successful listing."
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