[Asia Economy Reporter Hyungsoo Park] DK Lock is showing strong performance. It appears that an analysis report from a securities firm, which predicts growth based on green new deal-related products such as hydrogen electric vehicles, hydrogen charging stations, and bunkering equipment, has influenced this trend.
As of 11:21 AM on the 7th, DK Lock is trading at 11,550 KRW, up 23.13% from the previous day.
Researcher Sang-guk Lim from KB Securities stated, "DK Lock currently supplies eight types of parts to the hydrogen vehicle Nexo," and "recently secured orders of 2,000 to 2,500 units per month, indicating rapid growth in hydrogen vehicles."
He continued, "They supply fittings and valves for hydrogen fuel cells to Doosan Fuel Cell and S Fuel Cell," adding, "They are currently localizing 700bar-class ultra-high-pressure valves, which are key components for hydrogen charging stations, and plan to complete development in the second half of the year."
He emphasized, "The growth potential of the self-developed oxidation-free back ferrule is significant," and "As the top compatible fitting supplier domestically for the global company S, they are overcoming growth limitations through quick delivery responses to customer demands."
Researcher Lim explained, "Supplying fittings and valves for semiconductor production equipment is also a growth driver," and "Sales are increasing as a vendor for companies S and H."
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