LS Materials surged over 280% on its first day of listing.
As of 9:44 AM on the 12th, LS Materials is trading at 23,100 KRW, up 285.00% from the public offering price of 6,000 KRW.
Founded in 2021, LS Materials operates primarily in eco-friendly energy (UC) and aluminum materials and components. Additionally, it established a joint venture, HAIMK, with Austrian global electric vehicle aluminum parts company HAI. HAIMK will begin mass production of products starting in 2025.
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