LG Energy Solution Passes Preliminary Review for Listing on the KOSPI Market

[Asia Economy Reporter Minji Lee] The Korea Exchange announced on the 30th that LG Energy Solution has been confirmed as eligible for listing following the preliminary review for listing on the KOSPI market.

LG Energy Solution is a secondary battery manufacturer established in December last year after being spun off from LG Chem. LG Chem holds 100% of the shares. On a consolidated basis, the company's cumulative sales for the third quarter of this year amounted to 13.4125 trillion KRW, with a net profit of 858.1 billion KRW.