- HOME
- PR
- NEWS
Prev
POSCO DX Holds AI Developer ConferenceNext
POSCO DX Embarks on Steel Mill Smart Factory Advancement with ‘Ieum 5G’POSCO DX to transfer listing to KOSPI
2023.08.30POSCO DX plans to transfer listing to KOSPI to enhance shareholder value through corporate value reevaluation following the expansion of new growth businesses.
The company recently decided to transfer following internal review and began full-scale preparations. To this end, the BOD meeting was held on August 23, and it was decided that the agenda for the delisting from the current KOSDAQ market and listing on the KOSPI market was presented for the extraordinary shareholders' meeting scheduled to be held on October 5.
The planned transfer listing on KOSPI by POSCO DX aims to maximize shareholder value by positioning itself in the capital market as a leading company in digital transformation. Industry analysts expect the transfer to KOSPI—which has relatively large transaction volume and many blue-chip companies—to improve institutional investors' supply and demand balance and expand the investor base.
POSCO DX reported sales of KRW 775.8 billion and operating profit of KRW 64.3 billion in the first half of last year, which represented an increase of 65% and 98%, respectively, compared to the same period last year thanks to more business opportunities in smart factories, factory automation, and industrial robots for POSCO Group affiliates that are expanding the business to eco-friendly future materials including secondary batteries. POSCO DX supplies smart factory systems that apply automation facilities and control systems, integrated production management systems, warehouse automation, and industrial robots to factories to produce secondary battery materials such as lithium, nickel, and cathode and anode materials promoted by the POSCO Group.