Jeonjin Construction Robot is showing strong performance. This is interpreted as being influenced by Russian President Vladimir Putin's statement that he is ready to compromise with U.S. President-elect Donald Trump regarding the end of the Ukraine war.
As of 10:09 AM on the 20th, Jeonjin Construction Robot is trading at 39,400 KRW, up 11.61% compared to the previous day.
At a press conference the day before, Russian President Vladimir Putin stated that he is "ready to compromise" with U.S. President-elect Donald Trump regarding the end of the Ukraine war. During the election process, Trump pledged to end the Ukraine war within 24 hours of taking office, and after winning the election, he has been strongly pressuring both Russia and Ukraine for a swift end to the conflict.
Meanwhile, Jeonjin Construction Robot exports concrete pump cars (CPC), essential for infrastructure construction, to North America, Europe, and other regions. CPC is equipment that freely moves around construction sites to pour concrete.
Jeonjin Construction Robot had planned to establish a factory in Vietnam within the year, but to focus on the Ukraine reconstruction project starting next year, it has fully suspended investment in Vietnam and is accelerating the establishment of a local factory in Poland.
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