Four Daejeon Companies Ranked Among Top 10 on KOSDAQ

Record Market Cap of 74 Trillion Won for Two Consecutive Months in July and August
Biotech and Robotics Companies Lead the Way

Photo by Daejeon Technopark

With four Daejeon-based companies ranked among the top 10 on the KOSDAQ, these firms are driving the combined market capitalization of Daejeon-listed companies to 74.6866 trillion won.

The market capitalization of Daejeon-listed companies remained in the 74 trillion won range for two consecutive months, in July and August, marking an all-time high for two months in a row.

According to Daejeon Technopark (President Kim Wooyeon, hereafter Daejeon TP) on September 10, the market capitalization of the 66 Daejeon-listed companies in August was tallied at 74.6866 trillion won, an increase of 502.9 billion won compared to the previous month.

The market capitalization of Daejeon-listed companies, which stood at around 52 trillion won in December of last year, surpassed 60 trillion won at the beginning of this year. Since then, it has continued to rise steadily, reaching the 74 trillion won mark in July. In particular, some companies demonstrated the strength of the local industry by recording rapid market capitalization growth in a short period of time.

This trend is interpreted as a positive signal that Daejeon companies are establishing a stable foundation for growth, even amid challenging domestic and global economic conditions.

As of the end of August, an analysis of KOSDAQ market capitalization revealed that several leading Daejeon companies were ranked at the top. Alteogen ranked first with 23.4443 trillion won, followed by Peptron (7.2105 trillion won, 3rd place), Legochem Biosciences (5.3963 trillion won, 6th place), and Rainbow Robotics (5.3058 trillion won, 7th place), making a total of four Daejeon companies in the top 10.

Given that KOSDAQ is a stage for South Korea’s innovative technology companies, the fact that four Daejeon companies are in the top 10 clearly demonstrates Daejeon’s unrivaled competitiveness in advanced industries such as biotechnology, robotics, and artificial intelligence.

The innovation ecosystem of the Daedeok Innopolis is also supporting this growth. Companies founded by experts who gained experience in the special zone have been successfully listed one after another, creating a virtuous cycle of technology and talent. This indicates that Daedeok Innopolis continues to give rise to new companies and strengthen the region’s innovation ecosystem.

Kim Wooyeon, President of Daejeon TP, stated, “The unwavering listing performance of Daejeon companies is invigorating the overall economy of Daejeon as a world-class economic city. This trend is evolving into an innovation ecosystem model where the entire region grows together, beyond the achievements of individual companies. Daejeon TP will continue to actively support local companies so they can be recognized not only at the top of KOSDAQ but also on the global stage.”

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