Sehwa IMC Investment Ventex Receives Highest Grade in Technology Credit Evaluation... "Proving Technological Excellence"

[Asia Economy Reporter Jang Hyowon] Ventex, invested by Sehwa IMC, announced on the 14th that it received the highest grade in technology credit evaluation.

Sehwa IMC (CEO Son Odong), a tire mold manufacturing specialist company, announced on the 14th that Ventex (CEO Ko Kyungchan), a smart chemical specialist company, obtained the T-2 grade, the highest technology level in the Technology Credit Evaluation (TCB) conducted by NICE Evaluation Information, a technology credit evaluation specialist company. Last year, Sehwa IMC invested 1 billion KRW in Ventex and secured a total of 12,500 shares.

TCB comprehensively evaluates four categories: technology, marketability, business feasibility, and management capability, and classifies them into a total of 10 grades. They are divided into top technology companies (T1-T2), upper technology companies (T3-T4), and average technology companies (T5-T6). The T-2 grade obtained by Ventex is explained by the company as being equivalent to a top technology company among large corporations and recognized as the highest technology level for small and medium enterprises.

Founded in 1999, Ventex holds more than 100 patents and has won the Jang Youngsil Award six consecutive times, the first domestic single research institute to do so. In particular, the antiviral liquid substance "Helsacrine," which won the fifth Jang Youngsil Award, has been recognized for its technology, proving its ability to inactivate the COVID-19 virus in the United States. It can reduce odors from livestock farms as well as everyday odors by up to 90%, making its application fields diverse.

The company possesses not only Helsacrine but also numerous functional materials. The photo-thermal charging material heats itself by more than 10℃ when exposed to sunlight and is supplied to Zara in Spain and Woolmark in the United States. Additionally, the high moisture permeability waterproof material has replaced Gore-Tex, achieving 80% localization of functional combat boots. This material features a technology that dries in one second and has also been applied to functional combat uniforms.

Ko Kyungchan, CEO of Ventex, said, "Our efforts to prove technological capability through various certifications and patents have resulted in obtaining the highest grade in the technology credit evaluation," adding, "We will strive to develop technologies applicable to real life through collaboration with various local governments and companies."

Son Odong, CEO of Sehwa IMC, said, "We are pleased that the technology of Ventex, which we have focused on, has gained credibility," and added, "We are carefully reviewing whether Ventex's technology can be introduced into our products."

Meanwhile, Ventex aims to enter IPO either in the second half of 2022 or the first half of 2023.