[IPO Chat] Daejin Advanced Materials and Mdevice to be listed on KOSDAQ next weekDaejin Advanced Materials [Company website capture] (Seoul = Yonhap News) Reporter Kim Tae-gyun = Next week (March 3-7), Daejin Advanced Materials and M Device will be listed on the KOSDAQ market. Daejin Advanced Materials will enter the KOSDAQ market on the 6th. The company produces materials used in secondary battery processes, such as anti-static trays. Founded in 2019, the company has achieved a compound annual growth rate (CAGR) of 69% in sales over the past five years. Through the listing, the company plans to expand its North American corporation’s production facilities and advance into the ‘CNT challenger’ market. Mdevice [Provided by the company] Mdevice's listing date is the 7th. Mdevice makes solid state drives (SSDs), which are representative computer data storage devices. The company handles the entire process of SSD design, manufacturing, assembly, inspection, and sales, and its strength is that it handles both enterprise SSDs and consumer SSDs. It is attracting attention due to the observation that investment in data center expansion will increase due to the artificial intelligence (AI) innovation craze, and as a result, demand for SSDs will continue to increase. Three companies, including Seoul Guarantee Insurance, will accept subscriptions from general investors next week. Seoul Guarantee Insurance Building Seoul Guarantee Insurance Headquarters Building [Provided by Seoul Guarantee Insurance] Seoul Guarantee Insurance, which is preparing to be listed on the Korea Exchange (KOSPI), is scheduled to accept applications on the 5th to 6th. Seoul Guarantee Insurance is the only full-time comprehensive guarantee insurance company in Korea. Unlike other public guarantee institutions, all surety insurance can be treated as a product. As the guarantee market grows, the company's guarantee balance increases by an average of 8.5% per year from 2018 to 2023. Major products include mobile phone rate and terminal installment guarantees, and high-interest loan guarantees. After withdrawing its application for listing on the KOSPI in October 2023, it has now made another attempt. It is emphasizing an active shareholder return policy, such as lowering the public offering price by about 38% compared to 2023 (KRW 26,000-31,800) and introducing a minimum dividend system. CK Solution and Hantek will receive subscriptions on the 4th to 5th and the 6th to 7th, respectively. CK Solution is a repeat IPO company like Seoul Guarantee Insurance. It withdrew its listing plans last November and resumed the IPO process this year. CK Solution designs and constructs 'dry rooms', which are essential facilities for the secondary battery process. Major battery companies such as LG Energy Solution [373220] and Samsung SDI [006400] are its clients. Hantek corporate logo The logo of chemical equipment company 'Hantech'. [Provided by Hantech] Hantech is a chemical industry equipment specialist that manufactures heat exchangers, reactors, and pressure vessels for plants, as well as tanks for storing industrial cryogenic gases. Dozen Logos The logo of financial services company 'Dozen' [provided by the company] Four companies, including Dozen, are conducting demand surveys. Dozen is scheduled to conduct a demand survey from the 4th to the 7th. This company is a corporate financial VAN (Value Added Network) company that mediates the systems of institutions and banks when companies conduct financial transactions. TXR Robotics and Simple Platform will conduct demand surveys for 4-5 and 4-6 days, respectively. TXR Robotics [Provided by the company] TXR Robotics is a robotics and logistics automation subsidiary of Eugene Group that manufactures autonomous robots and intelligent wheel sorters (devices that sort products) widely used in e-commerce companies. Simple Platform is a company that efficiently collects and analyzes industrial data based on 'AIoT' technology, which combines AI and the Internet of Things (IoT). Organoid Science is scheduled to hold a demand survey on the 7th. This company develops treatments for incurable diseases based on 'organoids', which are tissues similar to human organs. Here's the IPO schedule for next week. ◇ Listing ▲ Daejin Advanced Materials, public offering price of 9,000 won on the 6th ▲ Mdevice, public offering price on the 7th is 8,350 won ◇ Subscription ▲ CK Solution, 4-5 days, desired public offering price 13,500-15,000 won ▲ Seoul Guarantee Insurance, 5-6 days, desired public offering price 26,000-31,800 won ▲ Hantech, 6-7 days, desired public offering price 9,200 won~18,000 won ◇ Demand survey ▲ Dozen, 4-7 days, desired public offering price 15,000-12,500 won ▲ TXR Robotics, 4-5 days, desired public offering price 11,500-13,500 won ▲ Simple platform, 4-6 days, desired public offering price 13,000-15,000 won ▲ Organoid Science, 7-day hopeful public offering price 17,000-21,000 won tae@yna.co.kr
