Seonam Shows Strong Performance on First Day of KOSDAQ Listing... 4,750 Won

Seonam, a company specializing in the development of superconducting wires, closed strong on its first day of listing on the KOSDAQ market on the 20th. It finished trading at 4,750 won, up 21.79% from the opening price of 3,900 won. This is 53.22% higher than the public offering price of 3,100 won.

The high-temperature superconducting wires produced by this company are materials used in power cables, generators, and other applications. Seonam was listed through the so-called 'SoBuJang Fast Track System,' which shortens the preliminary review period for listing of specialized companies in materials, parts, and equipment (SoBuJang).