[Featured Stock] Baekgwang Industry Rises on Expectations as Biggest Beneficiary of Saemangeum Anode Material Precursor Investment

Baekkwang Industrial is showing strong performance. This is interpreted as being influenced by analyses from the securities industry suggesting that Baekkwang Industrial will be the biggest beneficiary of the Saemangeum cathode precursor investment.

As of 9:40 AM on the 27th, Baekkwang Industrial is trading at 6,270 KRW, up 7.22% compared to the previous day.

Researcher Jo Jeong-hyun from Hana Securities explained, "Sodium hydroxide, Baekkwang Industrial's main product, has recently seen expanded use in the secondary battery industry," adding, "Sodium hydroxide is essential in the co-precipitation process that removes impurities during the manufacturing of NCM and NCA cathode precursors."

Researcher Jo stated, "Domestic precursor production capacity is expected to expand to 650,000 tons by 2028," and "The expansion of secondary battery precursors is expected to surge, centered around the Saemangeum industrial complex."

He analyzed, "Baekkwang Industrial is a company with the largest production capacity (CAPA) of sodium hydroxide within the Saemangeum industrial complex among domestic sodium hydroxide companies, so structural benefits are anticipated," adding, "The company has already expanded its 100% sodium hydroxide CAPA from the existing 150,000 tons to 180,000 tons, and this is expected to be fully reflected in its performance starting this year."