[Market Focus] ExaENC Surges 25% on News of 63.2 Billion Won Finishing Construction Contract with Samsung C&T

ExaENC is showing strong gains in early trading.

As of 9:04 a.m. on September 24, ExaENC was trading at 898 won, up 25.42% (182 won) from the previous day, marking a new 52-week high.

Investor sentiment appears to have been boosted by news that the company signed a Section 1 contract for the Ph4 finishing construction project with Samsung C&T, valued at approximately 63.2 billion won.

This contract is equivalent to 31.11% of the company’s recent sales, and the contract period runs until December 31 of next year.

ExaENC is an electronics component manufacturer engaged in the water treatment and environmental business. Its construction division specializes in cleanrooms, finishing, partitions, and interiors, while its manufacturing division produces speakers through Msonic and IoT home security products through Olive & Dove. The company is also involved in factory expansion projects such as LG Display’s Paju 9th Generation and OLED lines, and Samsung Electronics’ Pyeongtaek P4, further strengthening its partnerships with major construction firms.

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