[Hot Stock] Haesung TPC Surges Over 30% Intraday

[Asia Economy Reporter Park So-yeon] Haesung TPC is showing strong performance.

As of 1:03 PM on the 20th, Haesung TPC is trading on the KOSDAQ market at 13,650 KRW, up 3,150 KRW (30%) from the previous day.

The company specializes in the design and manufacturing of reducers and gears. It produces hoisting machines (reducers) for elevators and escalators, which are core components of vertical and horizontal transportation devices.

They are expanding new business by applying their design and manufacturing technology of special reducers to related fields such as high-precision Cycloid reducers for manufacturing robots and Cycloid reducers for wind turbines.

The company has a market capitalization of 63.2 billion KRW and ranks 1,269th on the KOSDAQ.