[Market Focus] Vitro Nextech Surges 12% on News of 27.2 Billion Won Integrated Wind Tunnel Equipment Supply Contract

Vitro Nextech is showing strong performance in early trading.

As of 9:04 a.m. on January 19, Vitro Nextech was trading at 21,900 won, up 12.25% (2,390 won) from the previous trading day. During the session, the price rose to 22,000 won, setting a new 52-week high.

Investor sentiment appears to have been boosted by news that the company signed a contract on January 16 with the Aerospace Integrated Wind Tunnel Center to supply integrated wind tunnel equipment worth 27.2 billion won. The contract amount is equivalent to 89.78% of Vitro Nextech's recent sales (30.3 billion won), and the contract period runs until October 31, 2029.