Published 03 Apr.2023 09:49(KST)
Naintech, a specialized company in secondary battery and semiconductor parts equipment, is showing strong performance following the news of signing a supply contract worth 20.7 billion KRW with LG Electronics for secondary battery manufacturing equipment.
As of 9:40 AM on the 3rd, Naintech is trading at 3,845 KRW, up 165 KRW (4.48%) compared to the previous trading day.
This contract represents 32.81% of the 2021 sales revenue, with the contract period lasting until December 30 of next year.
Naintech recently expanded its production capacity by acquiring the Sejong 4 plant and has been achieving visible results by securing orders for semiconductor wet station equipment and secondary battery equipment.
A Naintech representative stated, "In addition to secondary battery and semiconductor parts equipment, we will expand our scope through new business investments to diversify our portfolio," adding, "We will actively pursue new domestic and international sales channels."
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