[Featured Stock] Mirae Industry Ventures into Secondary Battery and Other Businesses... Up 12% Intraday

As news spread that Mirae Industry is entering new businesses related to secondary batteries and renewable energy, the stock price surged sharply during trading.

At 9:55 a.m. on the 23rd, Mirae Industry was trading at 25,050 KRW, up 12% from the previous trading day. The company's stock price even soared to 26,700 KRW during the session.

The news that Mirae Industry is adding new business purposes to diversify and enter new industries is analyzed to have acted as a positive factor for the stock price. The company plans to hold an extraordinary general meeting of shareholders on the 13th of next month to discuss agenda items including the appointment of new management and amendments to the articles of incorporation related to upcoming new businesses. Currently, Mirae Industry is in the process of being acquired by Nexton Bio Science.

At this shareholders' meeting, Mirae Industry plans to add the following business purposes: △ renewable energy-related businesses such as electric vehicles, urban mining, ESS, and fuel cells △ manufacturing and sales of secondary battery materials △ waste collection, treatment, and transportation △ mineral resource development, production, and sales △ AI medical solutions and digital healthcare businesses.

To strengthen growth engines, the company plans to form its management team with newly appointed registered executives possessing professional capabilities to enhance business growth momentum. The company stated, “Through the appointment of professional management, we will improve transparent management and operational efficiency, and proceed with effective business diversification to create business synergy based on strategic cooperation with affiliates.”