[Special Stock] NineTech Progressing Steadily in Mass Production Preparation for Maxin... Among the Fastest Globally

Ninetech is showing strong performance. The news that the new corporation responsible for producing Maxine has completed its business registration appears to be influencing the stock price.

As of 9:24 AM on the 24th, Ninetech is trading at 3,940 KRW, up 5.63% from the previous day.

A Ninetech representative explained, "We plan to manufacture in large quantities through the new corporation and will place orders for production equipment," adding, "We will offer Maxine to the market at a low price through mass production."

He continued, "The price of Maxine is high, so the market has not yet fully formed," and said, "Ninetech's attempt at mass production is at an early stage even globally." He added, "We expect meaningful sales this year," and "Sales volume is projected to rise to the next level next year," further stating, "Along with the success of the main business, the growth potential of the new business currently being promoted will be added."

Maxine is a nanomaterial made by alternately stacking metal layers and carbon layers. It has high electrical conductivity and can be combined with various metal compounds. It can be utilized in diverse industries such as semiconductors, electronic devices, and sensors. Maxine's electrical conductivity is about ten times higher than graphene, a conventional electrode material, so when used as an electrode in secondary batteries, it can increase capacity and reduce charging time. Its excellent ability to block electromagnetic waves is expected to be applied to parts of autonomous vehicles and various electronic devices such as wearable devices.

Ninetech will hold a shareholders' meeting on the 31st to appoint Professor In Insik as an outside director. The company explained that it recommends candidate In Insik as an outside director because they believe he will significantly contribute to the company's development through the development and commercialization of next-generation electrode technology based on new materials.

Previously, Professor In's research team published a paper in the internationally renowned academic journal Nature Communications. They were the first in the world to demonstrate that Maxine-based printed electrodes exhibit superior electrode characteristics compared to aluminum and gold produced by conventional vacuum deposition. They applied this to the printed electronics field by utilizing the excellent printability and electrical conductivity compared to carbon nanomaterials such as carbon nanotubes used in secondary batteries and semiconductor fields.

The battery industry is pursuing next-generation battery technology development such as silicon anode electrodes and sulfur cathode electrodes to achieve higher capacity and lower cost. However, energy density and lifespan issues remain obstacles to commercialization. Maxine is attracting attention as a new material that can overcome these drawbacks. It is expected to be the key to accelerating the commercialization of next-generation batteries.