[Featured Stock] CK Solution Surges 40% on First Day of KOSPI Listing

CK Solution, a specialized company in dry rooms for secondary batteries, is soaring over 40% in the early trading hours on its first day listed on the KOSPI.

As of 9:23 AM on the 17th, CK Solution's stock price is trading at 21,150 KRW, up 41% from the public offering price of 15,000 KRW. The opening price was 27,650 KRW.

In last month's demand forecast for institutional investors, 2,093 domestic and international institutions participated, recording a competition rate of 1,020 to 1. The public offering price was set at 15,000 KRW. Based on the finalized public offering price, the market capitalization is approximately 164 billion KRW.

Earlier, during the public subscription for general investors held on the 4th and 5th, a competition rate of 1,320.7 to 1 was recorded, with subscription deposits totaling about 3.7144 trillion KRW.

CK Solution is a leading company in dry room systems essential for secondary battery and advanced industrial manufacturing processes. It has completed the development of dry room system technology for manufacturing processes of all-solid-state batteries, which are attracting attention as next-generation batteries, and is developing mass production systems for all-solid-state batteries in collaboration with secondary battery manufacturers. The company holds over 22 patents and copyrights related to secondary battery dry room systems, the largest number domestically. Major clients include Samsung SDI, SK On, and LG Energy Solution.