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[Special Stock] DA Technology Rises on 150 Billion Won Order Forecast for This Year

DA Technology is showing strong performance. This is interpreted as being influenced by the company's forecast of achieving 150 billion KRW in orders this year.


As of 11:08 AM on the 30th, DA Technology is trading at 4,245 KRW, up 5.73% compared to the previous day.


On the 28th, DA Technology announced that it had signed a supply contract worth 2.6 billion KRW with U&SP Plus for secondary battery assembly process equipment.


According to the company, DA Technology, which possesses technology such as notching equipment that separates the positive and negative electrodes of electrodes using presses and lasers, stacking equipment, and cylindrical assembly equipment, secured orders worth about 100 billion KRW last year. The company expects to secure orders worth about 150 billion KRW this year as well. The company stated, "With the expansion of solo and joint investments by domestic and overseas battery cell manufacturers, we expect continuous demand for key equipment to expand new lines at overseas sites."


In particular, as LG Energy Solution is increasing its global production facilities, the company explained that DA Technology is also expected to benefit. DA Technology anticipates that demand for battery equipment used in cell manufacturing automation production lines will also increase.


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