[Featured Stock] Hanjung NS Shows Over 30% Surge on First Day of KOSDAQ Listing

Hanjung NS, previously listed on KONEX, is showing a strong performance with over a 30% increase on its first day of trading on KOSDAQ.

As of 9:23 AM on the 24th, Hanjung NS is trading at 41,500 KRW, up 11,500 KRW (38.33%) from its initial public offering (IPO) price of 30,000 KRW.

Hanjung NS is a company that develops energy storage system (ESS) components and electric vehicle (EV) parts. Based on its proprietary technology, it mass-produces key components that make up water-cooled cooling systems and supplies them to its clients.

During the general subscription held over two days starting from the 10th, approximately 6.0048 trillion KRW was raised in deposits. Earlier, in the demand forecast conducted for domestic institutional investors, the company recorded a competition rate of 725.9 to 1, finalizing the IPO price at 30,000 KRW.