InnoSimulation is hitting the upper price limit in the early trading session. This appears to reflect expectations following the government's implementation of the 'Virtual Convergence Industry Promotion Act,' which focuses on administrative and financial support for virtual convergence businesses such as the metaverse and virtual reality.
As of 9:15 AM on the 29th, InnoSimulation is trading on the KOSDAQ market at 7,210 KRW, up 1,660 KRW (29.91%) from the previous trading day.
It is an XR solution company for smart mobility, with its main businesses including smart mobility simulators, XR virtual training, XR devices, and XR immersive content.
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