[Market Focus] Coloray Makes Full-Scale Entry into AI Materials... Gains on China "National Advanced Smart Factory" Certification

Coloray shares are showing strength. This is believed to be influenced by news that the company has obtained official certification as a "National Advanced Smart Factory" in China and will begin operating a new production line specializing in artificial intelligence (AI) materials.

As of 2:54 p.m. on August 26, Coloray is trading at 709 won, up 3.96% from the previous day.

Coloray recently announced that it has obtained official certification as a "National Advanced Smart Factory" from the Ministry of Industry and Information Technology of China. According to the company, this certification was granted in recognition of Coloray's "New Materials Smart Factory" achieving outstanding results across multiple evaluation criteria, including the intelligence and automation level of smart manufacturing equipment, digital management capabilities, and production efficiency.

The "National Advanced Smart Factory" is considered one of the most prestigious certifications in the field of smart manufacturing in China and is regarded as an indicator representing the level of digital transformation and advancement in the manufacturing industry.

Based on this certification, Coloray announced that it will officially operate two new research and development production lines specializing in artificial intelligence (AI) and advanced equipment manufacturing. Through this, the company plans to supply new material solutions required by industries such as AI infrastructure thermal management, smart wearables, and robotics to the market.

A Coloray representative stated, "The smart factory located in Hangzhou is situated in the core economic zone of Jiangsu, Zhejiang, and Shanghai, providing an ideal location for collaboration with leading AI technology companies," adding, "We will accelerate our strategic transition into the AI and new materials sector through continuous technological innovation and equipment advancement."

Zhu Zhongbiao, Chairman of Coloray, emphasized, "This pilot production line marks an important turning point for the company's strategic transformation, going beyond a simple technological experiment. We will move away from our existing cosmetics raw materials-focused business structure and expand into areas such as AI-based thermal management, wearables, and advanced equipment manufacturing, leveraging our accumulated materials technology."