Airrain CEO Ha Sungyong Purchases Treasury Shares on Open Market to Strengthen Responsible Management

Airrain, the only domestic company specializing in gas separation membrane solutions, announced on March 16 that it has strengthened its commitment to responsible management by purchasing treasury shares on the open market.

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CEO Ha Sungyong recently acquired an additional 7,500 common shares of Airrain through open market purchases. As a result, the number of shares held by CEO Ha increased from 2,260,340 to 2,275,840. Furthermore, with the inclusion of new shares from a bonus issue, his ownership stake rose from 13.87% to 16.73%.

Airrain explained that this increase in shareholding reflects the management’s strong confidence in the company’s mid- to long-term growth potential and is a demonstration of responsible management. In particular, industry watchers note that the CEO, who is also the largest shareholder, has sent a clear signal of trust in the company’s future value by directly acquiring additional shares. Key executives are also joining in the share purchases, further reinforcing responsible management practices.

Previously, in December last year, Airrain carried out a treasury share cancellation worth approximately 20.6 billion won. In February this year, the company decided on a bonus issue to increase the number of circulating shares and improve accessibility for investors.

CEO Ha stated, “This increase in shareholding is based on my firm belief in the company’s mid- to long-term growth and corporate value. Through the bonus issue, Airrain will expand the number of circulating shares and broaden its investor base. At the same time, we will continue to enhance our corporate value through expanded production capacity and strategies to address the global market.”

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