[Featured Stock] Wonjun Hits Upper Limit on News of Samsung Electro-Mechanics Solid-State Battery Development

Wonjun, a KOSDAQ-listed company, surged to the upper price limit early in the trading session.

As of 9:53 AM on the 23rd, Wonjun's stock price rose 29.96% (3,170 KRW) compared to the previous trading day, hitting the upper limit.

The strong performance of Wonjun's shares appears to be driven by news that Samsung SDI has completed the development of an all-solid-state battery for the first time in the world. The previous day, Samsung Electro-Mechanics announced that it had developed the world's first small all-solid-state battery, known as the "battery of dreams."

Wonjun, listed on the KOSDAQ, manufactures heat treatment equipment used to produce cathode and anode materials, which hold an absolute share in secondary battery materials, and supplies these to major global battery manufacturers.

Wonjun is classified as a related stock as it was the first to domestically produce the RHK (Roller Hearth Kiln) for MLCC firing. The company has been registered as a partner of Samsung Electro-Mechanics since 2009.