[Featured Stock] CIS Anticipated to Lead All-Solid-State Equipment Market... Samsung's 'Dream Battery' Becoming a Reality

CIS is showing strong performance. As Samsung SDI plans to showcase a range of 'ultra-gap technologies' including all-solid-state battery mass production preparation roadmap, ultra-fast charging, and ultra-long lifespan, the news that it will actively promote the all-solid-state battery business by absorbing its subsidiary through a merger seems to have influenced the stock price. Samsung SDI announced plans to develop and prepare for mass production of an all-solid-state battery with an energy density of 900Wh/L, about 40% higher compared to the currently mass-produced prismatic battery (P5). The plan is to achieve the industry's highest energy density by improving independently developed solid electrolyte materials and innovative anode-free technology, reducing the volume of the anode to add more cathode materials.

As of 2:40 PM on the 5th, CIS is trading at 13,030 KRW, up 18.65% from the previous day.

On the 5th, CIS completed the absorption merger of its subsidiary CISolid by holding a board resolution reporting the completion of the merger on the merger date. Through the merger, it is expected to efficiently utilize human and material resources in management and technology fields of both companies to enhance technological capabilities and strengthen market competitiveness. It is anticipated to quickly respond to new technologies and market changes in the all-solid-state battery market.

The merged company CISolid, the absorbed entity, had developed dry coaters and sold them to major domestic companies and numerous global battery manufacturers. The merged company CIS has been selected as the lead institution for national projects developing dry coaters for all-solid-state battery materials and equipment, as well as for LFP (Lithium Iron Phosphate) batteries, and is currently conducting development for commercialization of related materials and equipment.

A company official stated, "Last year's new order amount was about 600 billion KRW, but to respond to the increased order volume this year, we will ensure no disruption in product supply through the recently leased 4th and 5th plants in addition to the 1st, 2nd, and 3rd plants," adding, "Considering the steady increase in orders, we are also reviewing additional assembly space to expand production capacity (CAPA)."

Junseo Park, a researcher at Mirae Asset Securities, said, "This year marks the phase where sales and orders grow simultaneously," estimating, "The scale of new orders this year will reach 921 billion KRW."

The development of hybrid coaters, which is expected to secure competitiveness in electrode processes, also appears to have a positive impact on the stock price. Researcher Park explained, "CIS is understood to be testing hybrid coaters with major cell manufacturers and OEM companies," adding, "The length of existing wet coaters, which is 100 to 130 meters, can be reduced by half, and production energy consumption can also be cut in half."

He continued, "The evolution of battery manufacturing processes is moving from wet coaters to hybrid coaters, and further to dry coaters," emphasizing, "Innovative technologies can be widely applied regardless of battery cell types such as LFP, NCM, and all-solid-state."

He predicted, "There will be additional growth drivers due to the anticipation of securing next-generation hybrid coaters, all-solid-state equipment, and the all-solid-state battery development of the subsidiary CISolid."