[Featured Stock] KOSDAQ Listed Company QuantumOn Hits Upper Limit↑

QuantumOn, a specialized company in secondary battery solutions and quantum battery research and development, has hit the upper price limit.

As of 1:07 PM on the 23rd, QuantumOn is trading at 751 KRW, up 173 KRW (29.93%) from the previous trading day.

QuantumOn operates businesses including real estate sales agency and real estate advertising agency, manufacturing and distribution of small electronic products such as mobile phone auxiliary batteries and smart accessories, health functional foods, immune cell therapy products, biohealth, and applied software.

On February 27, 2023, due to the payment of capital increase by third-party allotment, the largest shareholder changed from Lee Jeong-ok and one other person to Mendels Limited Investment Association.

QuantumOn announced last month that it signed a contract with Seoul National University Power Research Institute for "Consulting on Mid- to Long-term Roadmap for New Technology Research and Development for QuantumOn's Future Growth and Energy Platform Development Services."

QuantumOn raised expectations by stating that, having secured quantum battery-based technology, it plans to accelerate new business and sales growth related to battery development based on next-generation energy platform development.