Maintaining Over 74 Trillion Won for Three Consecutive Months
Advanced Technology Sectors Lead: Biotechnology, Robotics, and Artificial Intelligence (AI)

Photo by Daejeon Technopark

Photo by Daejeon Technopark

View original image

The market capitalization of 66 listed companies in Daejeon has surpassed 76 trillion won for the first time in history.


This amount marks a new all-time high, following record-breaking performances in July and August, and represents the culmination of a three-month streak in which the market capitalization remained above 74 trillion won.


According to Daejeon Technopark, as of the end of September, the market capitalization of listed companies in Daejeon stood at 76.2563 trillion won, an increase of 1.5697 trillion won compared to the previous month (74.6866 trillion won in August).


Despite ongoing domestic and international uncertainties, Daejeon-based companies have continued to demonstrate robust growth, proving the strength of the region's industries.


KOSDAQ-listed companies in the Daejeon area are leading the market, particularly in advanced technology sectors such as biotechnology, robotics, and artificial intelligence (AI).


In particular, Alteogen, with a market capitalization of 24.5056 trillion won, has firmly maintained its position as the top KOSDAQ-listed company nationwide, highlighting the prominence of Daejeon's biotechnology industry. Peptone (ranked 3rd, 6.9952 trillion won), Rainbow Robotics (ranked 6th, 5.9945 trillion won), and Ligachem Bio (ranked 7th, 5.1437 trillion won) have also consistently remained among the top companies, driving the competitiveness of Daejeon's advanced industries.


Promising local companies are also joining the ranks of listed firms. Nota, a company specializing in lightweight artificial intelligence solutions, is set to be listed on the KOSDAQ later this month. Axvis (formerly Huvis), an intelligent high-power laser solutions company, officially began its IPO process by submitting a preliminary KOSDAQ listing review to the Korea Exchange on September 18.



Lim Byunghwa, Director of Regional Industry Promotion at Daejeon Technopark, stated, "The fact that Axvis is following Nota in pursuing a listing is a successful example showing that Daejeon Technopark's corporate growth support system is producing tangible results. We will continue to provide every possible support to ensure that promising local companies with potential can successfully enter the capital market and grow into global enterprises."


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