[Click e-Stock] "Shinsung ENG to Benefit from Government Energy Policy"

On September 17, KB Securities stated that it is time to focus on the renewable energy division of Shinsung ENG.

Kim Hyungyeom, a researcher at KB Securities, explained, "Orders related to solar engineering, procurement, and construction (EPC) increased by approximately 82% compared to the previous quarter, driven by projects such as Argo 7.8MW, HL Mando 8MW, and Ulsan Industrial Complex 5MW."

He added, "In the second half of this year, expectations for the new government's RE100 policy are being reflected, and there are signs of large-scale solar projects resuming." He expressed optimism, saying, "These policy expectations could lead to an expansion of orders in the mid- to long-term."

Researcher Kim analyzed, "The Clean Environment (CE) business division is seeing a rapid recovery in orders," and added, "With signs of major clients increasing their investments, the order momentum is expected to strengthen further in the second half of this year."

He stated, "Orders for SK Hynix's M15X and P&T lines are continuing," and explained, "During the second quarter conference call, SK Hynix announced that it would increase its investment scale in the second half of the year compared to its original plan." He further projected, "Additional orders are expected to follow quickly," and added, "Orders for Samsung Electronics' Taylor foundry fab in the United States are also anticipated."